The chinese have reportedly exhausted a 3 month stockpile they had built up and are back in the market. Having so much power manipulated by a sovereign State in the interest of profit is good for no one who trades with them. Looks like we need countervailing power. Australia plus Canada.
Junior share prices are in the basement all over. The fair weather friends have left. Depending on what your view of the future is, there are heaps of staggering chaep buys out there. We just have to out-hustle the Chinese.
GIR Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held