Where’s Iron Ore going…?
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 Chinese industrial growth forecasts are over-estimated…
That might excite a few AUD/USD bears of which there are plenty!
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