mining shares rise as new tax is passed, page-8

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1
    "After all they are raping our lands for massive profits etc. etc.
    BHP High $49.81 Low $33.68. Current price $35.35.
    That's 30% of its highs and only 5% from its low for the last 12 months.
    Now what is the market trying to tell us?
    Of course this wont be of much concern to someone that probably doesnt own any shares."

    Everyone who is working has shares via their super funds. Inescapable.

    Tieing market moves to the government on any given day is just not viable.

    As for the GFC. It was triggered by the sub-prime debacle. Ie. where people without any means were given loans they could not service. Sort of like our first home owners grant given to those with weak jobs...
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.