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DewDiligence

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DewDiligence

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Re: DewDiligence post# 4965

Sunday, 10/07/2012 10:26:24 PM

Sunday, October 07, 2012 10:26:24 PM

Post# of 30545
Iron-ore price is headed back up, says Seeking Alpha blogger:

http://seekingalpha.com/article/909351-iron-ore-is-headed-up-through-year-s-end-here-are-the-catalysts

This piece is somewhat simpleminded, but so are many of the bearish pieces contending that 7% GDP growth in China constitutes a “hard landing” that will cause commodity prices to plummet to multi-decade lows.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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