"China won't shoot themselves in the foot and continue buying"... wow I'm listening now.
Come on, China is the smart one on the market now, buying (and attempting to buy) any access to commodities as possible and doing it as inconspicuously as they can. They know what we know, these prices are a bargain and at some point in the near future they will be a distant memory... especially with metals etc. which have industrial usage.
Silly Nader. Even sillier sellers... Lemmings over the cliff.