The other problem with all your figures is at the time you
posted them the Aussie was buying $.89 US, not .91 and
now it's .88.
3%+ difference from the 1/8/13.
IO was US129.90/DMT on the 1/8/13
On Friday it was US$129.70/DMT
Samscout
"Yes macrobusiness had a negative report today about iron ore They have been bearish on Iron ore for the last year."
Macrobusiness reporting of Iron Ore was set up by their own admission to preach doom and gloom re: Iron Ore.
They are selling one idea and that is, people should not invest in Iron Ore mining. They are a far left wing Blog and are consistently wrong in their predictions re: the Iron Ore price.
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