re: down 6.40% now
I bought a small amount today ($3k) and will do so again tomorrow - it's bound to drop after what happened in London.
I can understand a sell off on speculative stocks, but BHP! Where will India, China, Japan etc get their minerals from!?!
People keep saying that once China's economic growth slows down it will be what it was 6-7 years ago. The growth rate might slow down, but China's economy is fundamentally shifting away from textiles towards manfucaturing: China will never be what it was 6 years ago again!
Think about it, over 1.4billion people wanting cars and everything else that comes with economic growth. Other than a big war (China/Taiwan/US), or China falling apart, I don't see what could stall Chinese demand.
Any thoughts?
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Price($) | Vol. | No. |
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