swann on lateline, page-3

Just to put Swan's bullish commodities forecast in perspective that holds his feeble house of cards together:


According to Goldman Sachs JBWere, the spot price for 62 per cent iron ore delivered to the Chinese port of Tianjin is now 37 per cent below its April 21 high of $US186.50/t.

It slid another 3 per cent yesterday to $US118.10/t - its lowest point since December 29.


Someone better telephone China - Wayne Swan is going to expect you to pay more quicksmart! Lol!

It's getting all to easy to show this charlatan up...