If one believes WAR is imminent, one should research Iron Ore, WW1 or WW2
Ore is the #1 Commodity during times of War and military effort is often focused on defending your source or attacking your opponents supply
US sourcing/production went up 800% from '32 to '43 - off a high base, produced 76% of globe
Globally an additional 733,006,633 m/t of Ore was sourced in WW2!
German sourcing/production of Ore went up 1900% to '39 before nearly doubling again to a peak in '44
Talk of China with 134m inventory is rubbish. It consumes 1500m a year and War has not even begun...
Dyor - goodluck all
Iron ore price, page-656
-
- There are more pages in this discussion • 53,637 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.60 |
Change
0.155(0.84%) |
Mkt cap ! $57.02B | |||
| Open | High | Low | Value | Volume |
| $18.34 | $18.68 | $18.30 | $127.8M | 6.898M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1125 | $18.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.60 | 14270 | 23 |
View Market Depth
| Last trade - 14.58pm 29/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |