The “Accidental Iron Ore Boom” and how to profit
Dear reader,
Did you see what happened to the iron ore price from 25 January?In just 10 days, the iron ore price soared over 25%!
This explosion in price was so unexpected that the financial media dubbed it, “The accidental iron ore boom”.
So what kind of black swan event could have triggered this surge on the price of iron ore?
It all has to do with the source of the world’s largest supply of this natural mineral and a tragic natural disaster…
As a result, iron ore soared to its highest level since 2015 as panic set in.
Credit Suisse, the Commonwealth Bank and Goldman Sachs have all predicted prices will go higher amid supply uncertainty.
So which company stands to benefit from this iron ore price boom and generate you profits?
The last time prices rocketed, this diversified miner jumped over 50% in mere months
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