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>> No.24914183 [View]
File: 122 KB, 1278x824, vale-iron-cycles.png [View same] [iqdb] [saucenao] [google]
24914183

>>24914042
Yes - they report earnings in February (so I would re-evaluate a week or two before as it may be overbought by then)
Commodities / iron is cyclical - look at the last cycles and how quickly VALE inflates
Australia essentially confirmed today that iron ore is going to remain high for months to come

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