| Iron ore saw its biggest one-day jump in value ever last week, reports Bloomberg. The price soared by a stunning 19% at one point. It's partly down to hopes that China might be up for more "stimulus". But there's also an increasingly convincing case to be made that we've seen the worst of the commodities bear market.
And that's going to create some interesting dilemmas for the world's central bankers... Goldman Sachs reckons that the iron ore rebound won't last. And certainly, after you see these sorts of rapid rebounds, you tend to get some sort of pullback...............................................Full Article: Source
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