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DewDiligence

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DewDiligence

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Re: Biowatch post# 6674

Monday, 03/11/2013 12:01:13 PM

Monday, March 11, 2013 12:01:13 PM

Post# of 30495
The quiz in #msg-85508445 is not about the price of iron ore per se, but rather about the quality premium for ore with >62% Fe content. The supply/demand dynamics for iron ore per se do not dictate the magnitude of the quality premium for ore with >62% Fe.

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

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