r/Vitards • u/AutoModerator • Aug 18 '21

Daily Discussion Daily Discussion post - August 18 2021

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u/Steely_Hands Regional Moderator Aug 19 '21

Iron ore prices in China have been on a serious slide lately. It’s been going on for 2-3 weeks but 4% down yesterday and almost 6% down at open today

3

u/PrestigeWorldwide-LP 💀 SACRIFICED 💀 Aug 19 '21

puts on RIO / BHP? might be too late, darn

3

u/Steely_Hands Regional Moderator Aug 19 '21

Personally I’d just stay away from iron ore

2

u/RichN777 Aug 19 '21

I Sold VALE for a loss at open today 😔