Is that why they can come in at the bottom AND with rising economic news and say steel is going to keep falling -- I will have this checked out --- GOLDMAN has been blamed for this before ----- not to be trusted. How well did Goldman do in the financial crisis -- who paid more the taxpayers or Goldman ---- Boolean
Noone can predict with 100% assurance that whats going to happen in 2015. Remember Clinton gave Bush a huge surplus and he wound up with huge deficit year after year. Last nite, Bloomberg said China's PMI was better than expected and their economy is accelerating. This is a real good news for CLF, iron ore and steel insutry. I believe IO price will range from $130 to $150 in 2013
Chinese PMI came in better than exected. This means China's groth is accelerating at a much faster pace than previously thought. Yea.. it don't take a rocket scientist to know it.. you git it..chump???
That story has been around for years, there was absolutely nothing new in that recent 60 minutes episode. People can pump that story all they like, but when that has been talked about since at least 2009 it is hard to imagine the large investor base in this world taking much notice.