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16/06/16
21:22
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Originally posted by Forged
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Be careful with BHP, it involves with all sort of commodities, when the anticipated 7 yrs cycle stock market collapse occur, it will take down every single commodity with it, except gold & silver. Gold is a chameleon, it's a commodity, but will seperate itself into a safe heaven money form if fiat currency collapse in this coming crash. Check out January market meltdown, every single commodity collapsed except gold & silver. Gold went up $200+ in Jan from $1045 bottom. Good luck...
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Good advice me thinks.. My post should have read "Sell all my bhp"
It will be about a 10% loss .. Not to bad considering its been routed.. With dividends being reduced to sweet fa I see little point of holding it