In opinion:
Love to see the expert analysts / wall street crunch numbers now knowing that:
1. SEA / China's One Belt Road is ramping up. Demand for IO is strong just on this initiative alone... China still grows year on year!
2. Japan, US and Australia ramp up their own info Pacific infrastructure initiative.
What's the projected demand of Ore in these Pacific regions?
3. India ramping up IO demand reminiscent of China. More ore.....
4. Africa / UAE continue to improve infrastructure. More ore.....
This in my eyes will be a combined commodity resurgence and significant global economic infrastructure event as the globe builds at a level never seen before and goes greener in the process utilising cleaner energies such as Lithium. Australia in the hot seat to capitalise and profit!
You would have to be very brave to short commodities now.
How about those previous IO forecasts please be adjusted.... The game is changing and my money is on commodities...
Plain and simple....
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