Iron ore price, page-31919

This moment represents a wonderful opportunity to Aust to try and mend ties with the Chinease. Runaway commodity prices as I predicted are well and truly upon us.
Economies globally swimming in pools of stimulus money competing for scarce resources. A lack of investment from resource suppliers has created the perfect storm.

China is now extremely worried about its own inflation and this is dampening the $600 billion stimulus it launched last year with fabulous success.

I hope we can take the olive branch out and heal our differences and fast. Access to cheaper better quality lower polluting higher calorific Aust metalergic coal could be a wonderful boost to steel makers and help them to ease the cost pressures that they are facing and help them improve their margins & profitability without being forced to push up steel prices in ATH territory

The majority of its steel making system is depended on access to Australian metalergic in reality.

I hope Aust politicians can carpe deim and give the Chinese some face and the opportunity to fix what is fast becoming a catch 22 situation for them. Both parties will win if we can unlock this trade war.... or at least both parties will win if we can sell our metalergic coal to them.

Total disconnect between the bitcoin damaged equities markets and the commodities sector at the moment.
inflation is actually making our sector more and more and more attractive as a hedge towards inflation.
Insto investors and the smart money will begin to realise this shortly and FMG should be off to the races again!

in the mean time, let's hope that Scotty from marketing discovers the old are of diplomacy and we can all hold on for an interesting ride.

buying the dip