In my opinion, I think if Trump does what he says then this can only be good for the American economy, and for the rest of the world. He is a business man, and he made lots of money in property and buildings. He knows that America needs to build Infrastructure which benefits the country and creates employment.
There is an old saying "If America sneezes the whole world catches a cold". What will it be like if America Prospers? To do what he says will require a lot of Iron Ore, China won't stand by and let America Triumph, they will be in competition and do the same, Russia as well. The whole world will benefit as they feed off the America's growth and also compete. All this is fantastic for commodities, including Iron Ore.
Atlas Iron is in the box seat, they have reduced their costs and have next to no debt. As America grows, so will the US Dollar. The Aussie Dollar will depreciate, which makes the cost of Iron Ore go up when translating over to the Aussie dollar.
This is an exciting time to be a share holder in Atlas Iron, having been through the tough times, the best is yet to come. Good luck to all holders, and let's hope we have a terrific report out this week.
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