big run up today - whats the go, page-8

Dear All,

When someone works out what is going on please let me know.

I hear the Chinese won't buy any more IO, I hear the price will be $110 per tonne, yet I read the article below and hear from Mr. Brinsden that the price in reality can't tank too much:-

http://www.theaustralian.com.au/business/mining-energy/rio-tinto-executive-says-iron-ore-sales-to-china-to-hit-new-high-this-year/story-e6frg9df-1226637736964

Proves that sentiment is king, nothing else. Not economics, not profitability, not reason, not production, not plans for growth...none of it matters more than sentiment.