Three reasons, page-2

First 2 Last

Share
Profile

Follow
andres

6,861 Posts.

1742

17/11/14

17:41

Post #: 14303475
Share

Originally posted by serena ↑

Is this prediction out of date or Is it still valid?

http://signup.moneymorning.com.au/XMONQ507?gclid=CPzVgbL5gMICFZeXvQodDHIAgg
Extract from the above link
Three Reasons You Should Buy Iron Ore Stocks in 2014

Dear Reader,

You wouldn’t know it from reading the mainstream financial news…but iron ore stocks could soar over the next 10 years.
Regardless of all the news you hear about developing economies slowing down, the fact is they are still expanding — and rapidly. That makes iron ore a great investment right now.
Why? The OECD predicts China will overtake the US as the world’s biggest economy as soon as 2015, and by 2030 account for about a quarter of world GDP.
Not only that, they also believe developing countries will soon control most of the world’s manufacturing — overtaking the US, UK, Europe and Australia within the next 15 years. But to do all this, they need vast amounts of raw materials. Especially iron ore which Australia produces about 480 million tonnes of each year.
The thing is, the wider market hasn’t realised this. They’re acting like the entire world is plunging into recession. But they’re wrong…
In the free daily financial email Money Morning, we’ll show you why iron is headed for a comeback in 2014, and why now is the time to pick up some quality iron ore stocks.

Expand

Serena - what do you think? My opinion is that the talk of capitulation is many stocks is a bottom and likewise when a market sector like IO is given up on - well that is a good spot to buy. SDL is more of a sovereign GDP play and therefore I think it will get off the ground. When....... well he he

SDL Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Week 44 Wrap: Relatively boring week ahead of US election; HotCopper's most watched; Oz inflation at 3.5%

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Bitcoin hits fresh record as instos pile into BTC ETFs – and Trump helps, too

MIN

Ellison slapped with $20M sanction from MinRes but will stay on as leader – for now

MIN

Movers and Shakers: Zip Co, MinRes, Kuniko, more – The week's top ASX gainers