If global QE takes off with massive infrastructure building in EU US Japan China Russia even, then
expect IO price to smash US$100T at some point before a settling down around 80-110.
The experts have been wrong since 2000 on the IO price, whenever they predicted higher prices it went down and vice versa, same as with the gold price, now they are reluctantly increasing forecasts I watch the demand cycle
lows then highs then lows, we have had the lows so the uptrend is still in play, now with a steady hold around 90 its still bullish consolidation pattern looking to break at 100 imho.
The global trade wars will ensure IO price is solid for this year.
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