iron ore target $50, page-10

  1. 3,822 Posts.
    That's like saying prices will eventually go up. Its a nothing statement.
    You didn't address my question and data points.

    Just sprouting a token answer that doesn't address the question is pointless.

    I will say it again in another way if you didn't understand.

    The world price of iron ore 2005 to 2007 was only $45 ton, this was a period of high growth and infrastructure spending in China.
    Why would Iron ore stay at this price while China and the world enter a recession.
    Infrastructure growth in China is decreasing.

    http://www.economist.com/blogs/graphicdetail/2012/05/daily-chart-16

    Private investment in China has decreased from 50% of GDP to 35% of GDP.
    Private investment has decreased by 30% as a whole.
 
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