Looking at the evidence that the Chinese economy is ready for a...

Looking at the evidence that the Chinese economy is ready for a major contraction fueled by a bad debt collapse, there is no way I would be holding any iron ore or coal producers at the moment.

I sold out when they announced the capital raising and am considering putting on a short position for Rio and BHP, as well as smaller iron ore producers like AGO.

I don't want to come across as a down tamper, but I'd suggest all holders should investigate what is really happening in China and the effect that will have on the demand for our resources. You might come do a different conclusion to me, but I think the situation is very grim.