FMG 1.44% $21.21 fortescue ltd

Iron ore price, page-42301

  1. 4,178 Posts.
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    Massive money printing of 80% plus of all USD in last two years is going to pump commodity prices as the buying power of USD is reduced faster at the higher big co commodity buyer level than at the cost end for miners.... if inflation causes buying power to drop 50%, twice as much money is required to buy the same ore but the employees contract isn't inflation adjusted, so there's a huge time lag and this would make commodity prices front run matching cost increases, increasing profit. CANTILLON EFFECT. just my view... I'm not an economist but I can't see how inflation is bad for miners or mega profit tech companies that have incredible pricing power.

    only old-fashioned morons think you need to sell big tech or miners with no net debt. if anything high rates crushes debt laden companies that the cashed up miners can then buy much cheaper. zombie companies need to be afraid, not fmg or faang.
 
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