http://www.indexmundi.com/commodities/?commodity=iron-ore&months=...

http://www.indexmundi.com/commodities/?commodity=iron-ore&months=60

Yes obvious risks Rail or no rail what will the price of ore will be in 3 years time, it has gone up (135.29 %) in the last 5years.

I think that 2011 will be a good year for IO price maybe due too the U.S printing money causing inflation in the Commodity Prices but what happens after 2011 when rates start too kick in but I guess it depends more so on chinas growth as well.

But end of the day its worth a crack, just gotta keep an eye on the bigger picture as well.