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Obama Presidency: Investors flee overseas

Savvy investors are spreading their wealth overseas. While the headlines paint a dire picture across the globe, there are some real pockets of incredible profit potential. Make wise international investments and you could be counting your profits before the new administration is even in office. By Andrew Snyder Baltimore – (TFN): It is no surprise to see [...]

Vale (RIO) cuts off iron ore… and China goes shopping

Vale (RIO) has cancelled its iron ore shipments to China until the country’s steelmakers cough up more dough. But China has other ideas. And Vale may find its products aren’t as vital as it originally thought. by Stephanie Grimmett Baltimore — (TFN):  It’s the "teach a man to fish" theory of steelmaking:  Buy iron [...]

Vale (RIO) pushes China for higher prices

"When yearly contracts were made in February at an 86% increase on last year’s prices, China’s steel producers gulped so hard they nearly swallowed their own teeth. But that wasn’t the end of it. Both Rio Tinto and BHP renegotiated their contracts for even higher prices this summer. And now its big brother’s turn." — [...]

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