I like RIO have for a long time.You make good points but watch left field. Iron ore accounts for the major profits for the big miners and they are all increasing production on a large scale. An article by Paulo Santos in Seeking Alpha yesterday points out that increases in production and small a drop in demand can have consequences. He compares it to the Baltic Dry Index when shipping demand increased followed by large increase in ship building and capacity then demand dropped.What followed we all know check out the BDI.Good luck.
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