The big difference now is that the US and EU have been printing money, increasing the real value of commodities. In 2006 the Aussie $ was at 0.72 to the US.
Iron ore at $50, doomsday scenario. Anything is possible. If China has slowed down this much, watch out below.
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- iron ore forecast to hit $50 a tonne next year
The big difference now is that the US and EU have been printing...
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