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4.5¢ atlas iron limited

Iron ore price, page-8175

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Albertnumajira

415 Posts.

56

25/02/18

11:39

Post #: 31323070
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Originally posted by NT man ↑

Call me naive, but looking at the above chart, with 2 massive spikes - first 1970's (is that the Western world really cranking/developing?) then the early 2000's, really going north - to me the next WAVE will be even greater again (the biggest in history?). Why? Simply a numbers game - 3.7 billion in 1970 to over 7.5 billion now - and these are very young, who are becoming adults. The West is declining, low birth rates, high welfare & too many costs/unrealised expenses - but we all know of China, now India, Asia and throw in the OBOR and Xi real action man spreading the wealth by developing the outlying poorer states. Africa going gangbusters (admittedly with their own resources) - but from what I read, the next commodities cycle will just have to be the biggest in human's history.

Now for a laugh.......Iron Ore could get to $300 to $400 a ton by the mid 20's. You know it makes sense! Hold onto your bucking bronco and shout Ye Ha!

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NTman what ya been drinking matey gotta ease up on the red its making you delirious lol

AGO Price at posting: 2.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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