David Llewellwyn-Smith from Macrobusiness is the biggest d!ck on earth when it comes to predicting anything about iron ore futures.
Back in January this year this was his quote. “I’m going to call it today, the peak is in” for iron prices when it was $150 and “it will hit $70 by September” following by a muddled rant on the reasons why.
As usual with all his predictions, it’s totally wrong so good luck using his news as evidence for your own purposes.
Then again, you might actually be him using a nom de plume on this site.
Iron ore price, page-32374
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