If non-economic miners are being propped up in some way (by governments or whatever), that needs to stop to improve global productivity. Short of that - cutting back production, to boost growth? You have some interesting theories Gassin..
You would hurt the majority who are enjoying more competitive prices, just to boost profits of the 1% (remember you probably are the 1%). Not the most ethical of policies, and while markets don't concern themselves with ethical behavior - collusion in the market is not a feature of a free market, seems to be crossing the line IMO.
If non-economic miners are being propped up in some way (by...
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Last
$132.69 |
Change
1.030(0.78%) |
Mkt cap ! $222.0B | |||
| Open | High | Low | Value | Volume |
| $132.75 | $133.30 | $131.90 | $180.8M | 1.364M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | $132.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.70 | 2496 | 2 |
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| CBA (ASX) Chart |