Where’s Iron Ore going…?

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David Einhorn of Greenlight Capital, famous for his ‘shorts’, reckons Iron ore could plummet to $100 next year and has subsequently shorted the commodity.

He was speaking at a ‘closed’ investment symposium in Dallas yesterday.

Obviously feels ┬áChinese industrial growth forecasts are over-estimated…

That might excite a few AUD/USD bears of which there are plenty!

More... Business Insider

2012-10-31T06:39:08+0000

All|Economic Data|Europe|Regions

AUD/USD|Australian economy|China|Commodities

Pete Jackson

One Comment

  1. Yes! I am still short AUD/CAD. Hoping for a good CAD GDP. Thanks for keeping us all in the loop Pete. I know you don’t follow it, but I know you are a tremendous help :)

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