GREY:ADEXF - Post by User
Comment by
rpdelucaon Nov 15, 2012 8:46am
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Post# 20603051
RE: Watch the national last night.....?
RE: Watch the national last night.....? Zedman when are you going to understand that the accumlation of natural resources by the Chinese is a LOOOOOOONGGGGGGGGGGGG term strategy. Do you actually think that the Chinese are looking at today and how much inventory of iron pipes they have? I'm not trying to be sarcastic here with you but Western society and specifically the media know squat about how the Chinese truly operate. Iron ore in China is becoming scarce and whatever is left out there is really garbage or very difficult to mine. Chinese are thinking about the next 100 years and the next 3-4 generations of Chinese families....there will be blips on iron ore inventory as you move through cycles. As many of hte bigger companies have put projects on hold, what do you think is going to happen once these inventories get depleted...projects will be delayed and supply will not be out there to meet the demand....