FMG 0.46% $21.52 fortescue ltd

BHP and RIO game has become politically explosive at both state...

  1. 10,494 Posts.
    BHP and RIO game has become politically explosive at both state and federal level.

    The Chinese wrong footed the Big2 and took the IOP far lower than the 2 had anticipated through carefully timed buying and withdrawal.

    Now, I expect the spot price to drive the futures rather than the other way around.

    It will be a 2 steps forward 1 step back dance on the way up.
 
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