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fire ants effect on iron ore exports?, page-10

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ozexplorer

14,963 Posts.

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16/12/14

11:24

Post #: 14467218
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Originally posted by Kashmira ↑

Hopefully the bottom is near for many mum and dad investors sake and ofc Australia's sake! I mean developed states and emerging states surely will need iron ore to continue building in the future in this globalised world.

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I think aussie dollar will go down about 8 cents more and the iron ore price to drop to low 60s over the next 6 to 8 months . If the conditions in the world get worse the aussie will drop even more and the FE prices will do similar.
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