I don't expect IO miner to go double overnight, and I don't try to pick the bottom as well.
the difference between IO and gold is we (chinese, indian, Australian etc etc) need IO to build, but we don't necessarily need gold, specially young generation love bitcoin.
10bil wipe out from AGO, BCI FMG and MGX is 10% of Australian GDP, that's a lot of skins ...
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Chinese traders tip iron ore to hit $US70, page-86
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