the world is not dead yet to quote Michael Pascoe from today's SMH
"Iron ore shipments from Port Hedland last month hit a record high of 17 million tonnes. Wise heads caution there might be a glitch in the claimed destination of the ore ? too big a surge to Japan, too big a fall to China ? but wherever it?s going, that?s about $2.5 billion in one month from one port. Yes, Virginia, there is a bulk commodities boom, even in Australian dollars".
Dig Lazarus Dig!
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