speculator supports trf, page-16

i am almost 100% positive that inflationary forces and maintained demand will force Fe prices to remain high (say $140+) for quite a few years to come.

Additionally, the hedge aussie exporters have, should there be a GFC 2 scenario, is that the USD (i.e. glorified toilet paper) will no doubt appreciate as it is a 'safe-haven' (yeah right) and therefore our currency will loose value. This will insulate IFE to a degree. Not that we should be happy about this scenario, but is likely to play out this way if thinks turn pear shaped.

any thoughts?

cheers
Split