Iron ore? It's one of the key ingredient for steel making in case you never studied Chemistry or Physical Science.
But unlike copper or crude oil (other more commonly used economic activity indicators), there's no paper futures market for speculators (leveraged hedge funds, investment bank's trading desks, etc) to "manipulate" the prices.
You take away from this chart whatever you like. Being prepared and having a plan may help during these whipsaw markets...
I don't know about you, but I am one confused speculator!
Good news is good news. Bad news is also good news!? Huh? (QE expectations?)
That's why I love this chart that I've found!!!
Now my mind is clear despite all the "manipulations" by Central Banks.
I am at peace.
Singapore Man of Leisure (welcome to my blog; just google it!)
