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Strategies & Market Trends : 50% Gains Investing

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To: Cogito Ergo Sum who wrote (86082)1/21/2010 4:31:56 PM
From: SnowshoeRead Replies (1) of 118717
 
>>I'm a tad spooked by China.. but that might be exactly what they want<<

I suspect the current Chinese bubble-popping threat is linked to the annual iron ore negotiations...

Iron ore giants, China square off over pricing
Showdown could benefit Canada’s junior iron miners*
cbc.ca

The Chinese media is being deployed to hype recent in-country ore discoveries (just like they did during the previous year's negotiations)...

China says new iron ore finds will ease price talks
ph.news.yahoo.com

*Note: I have a small spec position in BIM.TO/BIMGF, mentioned in that first link above.
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