{"id":12910,"date":"2016-03-05T19:04:02","date_gmt":"2016-03-06T00:04:02","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=12910"},"modified":"2016-03-05T19:04:02","modified_gmt":"2016-03-06T00:04:02","slug":"charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/","title":{"rendered":"Charts that make you go &#8216;hmmm&#8217; about the iron ore rally | MacroBusiness"},"content":{"rendered":"<p>Some interesting charts from David Llewellyn-Smith at Macrobusiness:<\/p>\n<p><a href=\"http:\/\/www.macrobusiness.com.au\/2016\/03\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally\/\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"525\" height=\"204\" class=\"alignnone\" src=\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/03\/h1.png?resize=525%2C204&#038;ssl=1\" alt=\"\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.macrobusiness.com.au\/2016\/03\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally\/\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"434\" height=\"611\" class=\"alignnone\" src=\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/03\/gfhe.png?resize=434%2C611&#038;ssl=1\" alt=\"\" \/><\/a><\/p>\n<p>Real estate construction is shrinking and likely to affect long-term demand for steel, iron ore and coking (metallurgical) coal.<\/p>\n<p>Source: <a href=\"http:\/\/www.macrobusiness.com.au\/2016\/03\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally\/\">Charts that make you go &#8216;hmmm&#8217; about the iron ore rally &#8211; MacroBusiness<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some interesting charts from David Llewellyn-Smith at Macrobusiness: Real estate construction is shrinking and likely to affect long-term demand for steel, iron ore and coking (metallurgical) coal. Source: Charts that make you go &#8216;hmmm&#8217; about the iron ore rally &#8211; MacroBusiness<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57],"tags":[],"class_list":["post-12910","post","type-post","status-publish","format-standard","hentry","category-stock-markets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Charts that make you go &#039;hmmm&#039; about the iron ore rally | MacroBusiness - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Charts that make you go &#039;hmmm&#039; about the iron ore rally | MacroBusiness - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Some interesting charts from David Llewellyn-Smith at Macrobusiness: Real estate construction is shrinking and likely to affect long-term demand for steel, iron ore and coking (metallurgical) coal. Source: Charts that make you go &#8216;hmmm&#8217; about the iron ore rally &#8211; MacroBusiness\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-06T00:04:02+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/03\/h1.png\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"Charts that make you go &#8216;hmmm&#8217; about the iron ore rally | MacroBusiness\",\"datePublished\":\"2016-03-06T00:04:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/\"},\"wordCount\":53,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/03\/h1.png\",\"articleSection\":[\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/\",\"name\":\"Charts that make you go 'hmmm' about the iron ore rally | MacroBusiness - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/03\/h1.png\",\"datePublished\":\"2016-03-06T00:04:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/03\/h1.png?fit=2052%2C794&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/03\/h1.png?fit=2052%2C794&ssl=1\",\"width\":2052,\"height\":794},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/03\/05\/charts-that-make-you-go-hmmm-about-the-iron-ore-rally-macrobusiness\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Charts that make you go &#8216;hmmm&#8217; about the iron ore rally | MacroBusiness\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Iron ore price charts for June 27, 2017: Tianjin benchmark roared 6% to $59.10. Coal is calm. Steel too. The trigger of course was this, via SCMP: China would like foreign businesses to keep\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12885,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/02\/22\/sigh-no-iron-ore-has-not-bottomed-macrobusiness\/","url_meta":{"origin":12910,"position":1},"title":"Sigh&#8230;no, iron ore has not bottomed | MacroBusiness","author":"ColinTwiggs","date":"February 22, 2016","format":false,"excerpt":"From David Llewellyn-Smith: .....restocking is the only thing going on here, enhanced by recent Chinese stimulus. It will pass in due course leaving enormous oversupply and far too large Chinese inventories. ....Not only is iron ore going below $30, it\u2019s going below $20 soon enough. This year we\u2019ll see more\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2627,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/14\/bulk-trouble-macrobusiness-com-au-macrobusiness-com-au\/","url_meta":{"origin":12910,"position":2},"title":"Bulk trouble &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"December 14, 2011","format":false,"excerpt":"These three commodities [thermal coal, coking coal and iron ore] make up half of Australia\u2019s terms of trade. The first few months of next year are not going to be kind to the TOT. Not kind at all. via Bulk trouble - macrobusiness.com.au | macrobusiness.com.au. Thermal coal: Coking coal: Iron\u2026","rel":"","context":"In &quot;Debt Levels&quot;","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4951,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/26\/terms-of-trade-taking-a-hammering-macrobusiness\/","url_meta":{"origin":12910,"position":3},"title":"Terms of trade taking a hammering &#124; &#124; MacroBusiness","author":"Colin Twiggs","date":"July 26, 2012","format":false,"excerpt":"As predicted, coking coal is now breaking down in sympathy with iron ore. .....That\u2019s 10% in two weeks. Thermal coal is down 10% in two months. Ore is now down over 20% in two months. These three commodities make up 50% of the [Australian] terms of trade. via Terms of\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4925,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/07\/24\/free-steak-knives-with-your-boom-macrobusiness\/","url_meta":{"origin":12910,"position":4},"title":"Free steak knives with your boom! &#124; &#124; MacroBusiness","author":"Colin Twiggs","date":"July 24, 2012","format":false,"excerpt":"Houses and Holes: Thermal coal is already at a price that is uneconomic for many mines and if iron ore were to settle in the $110 region, which is my call, then the margins for many an iron ore hopeful are looking suddenly thin too. If this keeps up for\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1561,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/25\/iron-ore-crash-macrobusiness-com-au\/","url_meta":{"origin":12910,"position":5},"title":"Iron ore crash &#8211; macrobusiness.com.au","author":"ColinTwiggs","date":"October 25, 2011","format":false,"excerpt":"Spot iron ore prices have shed 19 percent so far this month in a sell-off largely fueled by slower construction steel demand in China, the world\u2019s biggest buyer of imported iron ore at around 400 million tonnes a year. 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