I am tending to agree with you now Paul, and am starting to...

I am tending to agree with you now Paul, and am starting to change my position. I read a report last night re the possible pending China bubble. If this happens this year, then small players in the iron ore market will be deeply affected and hit with a possible tripple whammy, e.g. Resource Tax,drop in iron ore demand, and a fall in the aussie dollar.

I have retreated out of TRF today and purchased gold stocks. The TRF SP has been far to volatile for my liking lately.

I still hold TRF in my SMSF, but if I sold them today, it would be at about a 40% loss. So maybe I should just sit tight with them?