Commodities Featured Article Iron ore price

The psychology of an iron ore junior

Friday 20 June 2014

Hope reigns supreme for the iron ore juniors. Follow the link to a fascinating discussion between a number of iron ore junior CEOs in Africa. The consensus includes:

iron ore will return to $110
India is another China
the majors won’t swamp the market

My favourite points are the pregnant silences that follow…

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.