I am expecting that China will come to the aid of the people of Brazil in more ways than one because they don't want to
see higher iron ore prices. Will it be too little too late? It is a sad and sorry situation indeed but China will then be owed
and the cynic in me wonders whether Bolsonaro really wants to save the lives of those living in favelas.
Those areas would then somehow be developed as high rise luxury living for the elite.
And triple tops are hard to get over and with FMG having a mind of it's own - no guesses here.
Could the $7 mill trade after market Friday have just been re balancing?
The run from $4 to $12 hasn't been bad and that's when most of us got in for the rough ride. My first purchase was under
$4 and some were even smarter. The run higher will just be more difficult and need more volume which may be provided
by traders. They are different to investors but if they make a quid - great. GLTAH
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