This Iron Ore price hike (won by the Brazilians, our two Behemoths have learned to follow....), augurs EXTREMELY WELL for all other metals. You cannot expect Iron Ore to go upwardly by almost 10% and the price of copper to go downwards, or even stay stagnant in a world that goes forwards with annual economics growths (China-India) in excess of 9%......
Early next year expect a huge -ala June-July- Copper rebounce, followed by Nickel (which is still up there in its Olympian peaks), lead, aluminium, and ZINc......
Naturally Uranium does not need a mentioning.
It knows where it should go. Where its äncestors", all radioactive metals come from. The Stratosphere. To be very conservative.
Cheers;))
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