falling iron ore prices foreshadow a recession, page-5

bubwell...love your optimism but the report paints a negative picture for Iron Ore..

" Iron ore prices have been on the rise since late October "

Yes but you may have missed this bit...

"The price of iron ore delivered to Chinese ports is 25% or more down since September and still under pressure,"

You said.."all the producers are only optimistic about the near future."

They are always optimistic about the future. When did you ever hear a company talk down their own industry?

There are some red flags out there right now...Time for caution I think..