FMG 8.65% $18.59 fortescue ltd

Iron ore price, page-37874

  1. 319 Posts.
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    You have no idea how my chart is adjusted - you merely attempt to skew the argument to suit your world view.
    As a matter of fact my chart complies with current actuarial standards measuring values of a chosen commodity over greater time periods than usually applied by stock analysts.
    In your haste to prop up your scenario of destruction of value in IO prices, you make the same quantitative error of so many analysts in that you choose a time frame which is either too short, or which fits the narrative you seek to foist on us.
    My chart - 1982 to 2012 - gives an unbiased and accurate view of the price of IO over a substantial time period (leaving out the most recent times and the last spike, for purposes of greater long term accuracy) , consistent with best actuarial practice and merely supports the view that over time this commodity has risen, inflation adjusted, and that the steepest rises came in the latter time period.
    Last edited by Atlanta1: 20/09/21
 
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