You should stand behind your source rather than trying to burnish your credentials to the echo chamber here by now referring to Fairfax as 'bolshevik' etc. (which it clearly isn't). You obviously read it and referenced it.
I wouldn't necessarily agree with their byline that RIO is 'worried' (jacques thinks China stimulus will continue) but he does outline a few realistic potential head winds and concerns that could reverse the current IO price loftiness.
Iron Ore Price, page-18425
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Last
$22.36 |
Change
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Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.46 | $22.63 | $22.34 | $108.3M | 4.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1690 | $22.35 |
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| Price($) | Vol. | No. |
|---|---|---|
| $22.37 | 13926 | 2 |
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