Iron ore price, page-24712

yeah I agree on most of that.

Once a virus reduced or vaccinated US economy gets back on track with a new leader they will be spending like it's the end of the Second World War with deep optimism abound. The US consumer and infrastructure spending will drive the commodities prices sky high.

I don't agree that our big three miners will take the battering you suggest though - they may fall but should recover some of this. I think it's relative value will be stronger than its peers due to its cash position and continued strength of IO prices.

The Qrtlys should show the rivers of gold flowing into these businesses and hopefully the smart fundies and investors realise that they are somewhat of a safe harbour relative to the rest of the market.

fingers crossed.