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RIO in a pessimistic mood about Iron Ore http://m.theaustralian.com.au/business/mining-energy/rio-tinto-sees-downward-pressure-on-iron-ore-prices/story-e6frg9df-1226600812459

Iron Ore to go back to $100 per tonne....straight from the horses mouth. http://au.ibtimes.com/articles/444381/20130311/rio-tinto-iron-ore-prices-go-down.htm We know WA economy lives and dies by the Iron. How long before this filters down into the local WA economy.

Iron Ore in a tad trouble. http://www.mining.com/iron-ore-free-fall-strikes-projects-miners-and-frightens-investors-57714/ Not looking good for Perth property...though the Perma Bulls will tell you otherwise. Bottom line --> don't mess with the Chinese....if their melamine milk...