good specs to buy if it goes pear shaped, page-10

nothing is reliable if it all goes pear shaped, unless you understand the company intimately

eg. Mount Gibson Iron Ore was the first company to announce, just before the GFC, that its Chinese customers requested non-shipment of their orders

all of the hype by BHP, RIO, etc, that iron ore prices & demand would remain the same was disproven within a month

companies like AGO got smashed

it is the same now

RIO, Vale, BHP, etc, all say iron ore & copper demand is bullish

who knows?