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There are always occasional commentators for iron ore that chime in with price volatility. This kind of commentary is usually wrong given the lack of deep engagement. Today is great example.
I am reading all kinds of whack explanations from bears and bulls. Gottiboff is one:
The iron ore quandary hit my desk over the weekend after the iron ore price fell some $US7 a tonne to $US108.
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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.
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