FMG 2.23% $26.61 fortescue ltd

Iron ore price, page-48467

  1. 2,910 Posts.
    lightbulb Created with Sketch. 898
    rally is stupid? to me it looks like we're about normal based on the last 13 years....
    China has no plans to slow down, IMO they're really going all out to be the worlds biggest superpower.

    Maybe the world will go into recession, but even if it does, FMG will do well with high inflation....a few years of high low demand, but once recovery kicks in, then you can bet our SP will also go up as all products will go up with inflation.

    Goodluck with your trade, at least you're honest unlike certain fat pigs.

    https://hotcopper.com.au/data/attachments/4898/4898162-ee41e3343994d641494ba9ae51c88602.jpg

 
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