– The Only ‘Un-Manipulated’ Chart Of The Real Un-Recovery You’ll Ever Need (ZeroHedge, Aug 17, 2012):
Probably no other commodity is tied to global growth, especially EM and China growth, than the key steel-making ingredient – Iron Ore. The iron ore price continues to plunge and it would appear that very few are focused on it. Critically, this is the one commodity that is not a futures contract, cannot be manipulated by trading desks or by levered hedge funds. Despite all the euphoria about risk assets and commodities – and the central bank front-running – Iron Ore prices continue to sink lower and lower…
