FMG 1.78% $24.34 fortescue ltd

we need a International Commodities Council / committee .. as Every commodity should be negotiate

  1. 13,783 Posts.
    WE miners /investors need a International Commodities Council / committee ..
    as
    Every commodity should be negotiated to set prices annually internationally ..if not by region ..that's agreeable to both sides ..to ensure stability and sustainability for both the supplier and user ...
    otherwise.. if the most important Variant (price) is Not controlled by the Supply/User ..then WHO would dare lend them money ever again for ANY mining Development anywhere if the commodity prices cannot be guaranteed to lenders or investors .. let alone the Developers ????????

    if you control the commodity Price .. You Control the WORLD !!!

    sure feels like China is in Control of the IO prices ...and OUR World down under .

    Isn't it about time we took control of IO prices Back by collectively restricting Supply ?????
 
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