Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Snowshoe who wrote (73251)	5/19/2011 11:56:51 PM
From: Snowshoe	Read Replies (1) of 74559

Chinese trying to talk down the price of iron ore again... Iron Ore ‘Bubble’ Looms, Will Lower Price bloomberg.com “There is a bubble in this market, many are gambling,” making acquisitions and investment expensive, Chairman Xu Lejiang said in an interview in Shanghai, without saying when prices would drop. “Everyone who has money is rushing in to invest in iron ore.”

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