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Iron Ore Defies the Bears as a Punter’s Paradise is Coming to Australia

Iron Ore Defies the Bears as a Punter’s Paradise is Coming to Australia

Man, check out that iron ore price…
It’s now hit its highest price since April.
It’s trading just under US$78 a tonne. Who picked that happening this year? Certainly not me.
Iron ore is now up 46% since its June low. And apparently this time of year is normally weak due to seasonal Chinese buying patterns.
It’s party time for Australian iron ore companies (and the government) for as long as it lasts.
The post Iron Ore Defies the Bears as a Punter’s Paradise is Coming to Australia appeaSee Original Article

Invest in Cryptos Before the Next ‘Super Spike’

There are over 984 cryptocurrencies in existence now. More are coming to market every day.
And many are shooting higher and higher each and every day.
In fact, Bloomberg reports that one trader recently made over $200 million in one month.
How is that possible?
The post Invest in Cryptos Before the Next ‘Super Spike’ appeared first on Daily Reckoning Australia.

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Is China about to crash? Here’s your answer…

Why do you care again?
Because a healthy China makes for a healthy Australia, especially in the mining sector.
We run a strong trade surplus with China.
And with iron ore still flirting near US$80 a tonne, there’s millions pouring into selected Australian pockets.
The post Is China about to crash? Here’s your answer… appeared first on Daily Reckoning Australia.

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