50% off Premium Yearly

NYSE:VALE
Going down is because of iron ore prices. Steel is in overcapacity especially in China. Feels the dividend is safe. Commodities are not going to go up as much as they did in the previous 10 years. These companies are going to cut back on capital expenditures and clear out non-core assets. Starting to trade at a large discount from where they normally trade. At some point in time in the next little while it will be a good purchase.