Well, you can stop waiting.
https://www.marketplace.org/2016/08/05/1984-when-los-angeles-actually-made-money-hosting-olympics/
Your point is actually moot as it's another subject unrelated to IO prices. But the fact still stands holding the games in Beijing will, in all probability, tune down high polluting industries, including the steel industry which will effect IO demand and prices. Don't believe me? Look here. https://tradingeconomics.com/commodity/iron-ore
Trend is down
Don't forget what I am saying is coming to fruition so let's not shoot the messenger.
The up ramping rubbish here, is exactly that. Unsubstantiated rubbish.
Iron ore price, page-27
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