Comments on: The Iron Ore Pricing War Between China & Australia http://www.dailyreckoning.com.au/iron-ore-pricing/2008/05/16/ An independent perspective on the Australian and global investment markets Sun, 08 Nov 2009 03:43:55 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Emma http://www.dailyreckoning.com.au/iron-ore-pricing/2008/05/16/comment-page-1/#comment-51724 Emma Wed, 12 Nov 2008 17:59:35 +0000 http://www.dailyreckoning.com.au/?p=2685#comment-51724 HI, I am a small investor. I am planning to come to Australia. I have been looking to invest in the ASX. I am day trading on NYSE, NASDAQ, TSE, FOREX, and gold and silver. (Surely SOMETHING will make money, right?) I have been interested in FMG since I saw the ABC video on 'Twiggy' Forrest with Rupert Murdoch and others regarding the Aborigine training program financed by the government. Of course, it's obvious Mr. Forrest is building a cheap work force (which is slighty dodgey and bears scrunity since the work force is predominantly black workers and whites notoriously exploit them all over the world in every society) but I still think it is pretty smart. The government is paying to train the workers, the workers have jobs, OK maybe not such great jobs due to lung disease and other hazards, but jobs at least, and the mines get cheap workers. It appears, at least from here, to be a sound business investment strategy for Fortescue. I would be very interested in your opinion of this deal with the Aborigine workers and the government involvement in paying for their training programs for the mines. I would like to invest in Australia and this mine appeals to me more than its competitors because of this government training program. Sincerely, Emma HI, I am a small investor. I am planning to come to Australia. I have been looking to invest in the ASX. I am day trading on NYSE, NASDAQ, TSE, FOREX, and gold and silver. (Surely SOMETHING will make money, right?) I have been interested in FMG since I saw the ABC video on 'Twiggy' Forrest with Rupert Murdoch and others regarding the Aborigine training program financed by the government. Of course, it's obvious Mr. Forrest is building a cheap work force (which is slighty dodgey and bears scrunity since the work force is predominantly black workers and whites notoriously exploit them all over the world in every society) but I still think it is pretty smart.

The government is paying to train the workers, the workers have jobs, OK maybe not such great jobs due to lung disease and other hazards, but jobs at least, and the mines get cheap workers. It appears, at least from here, to be a sound business investment strategy for Fortescue. I would be very interested in your opinion of this deal with the Aborigine workers and the government involvement in paying for their training programs for the mines. I would like to invest in Australia and this mine appeals to me more than its competitors because of this government training program.

Sincerely,
Emma

]]>