WHC whitehaven coal limited

Now you're going full conspiratorial. I never reported your...

  1. 6,932 Posts.
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    Now you're going full conspiratorial. I never reported your post. Read my post again. Socialism only works until the socialists run out of other people's money... which is where the situation sits now. The debt fuelled bourgeoisie lifestyle of the socialists is being paid for by the working class... the same people who voted for DJT... the deplorables... They voted for DJT because he promised to end the theft of their work by threat of violence... yes, violence... because the established deep state has a relative monopoly on violence as they can jail you and in some states where there are firearms restrictions, they have monopolised firearm violence. This ability of the US working class to stand up to the bourgeoisie socialists is rooted in their war for independence, when they did the same thing to the English socialists of their day.
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    Coal, of course, being an essential hydrocarbon and fundamental unit of currency will hold up better than asset classes. Same with gold and silver.
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    What we're witnessing is the collapse of western communism in an orderly way. In the same way that babushkas would sell their household goods (eg bottles of expensive vodka) on the streets of post soviet Moscow, were likely to see similar, although not as drastic poverty, through the USA as DJT unwinds the socialist economy and unconstrains the invisible hand of Adam Smith.
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    Again, coal and hydrocarbons in general will hold up better than other classes because of their fundamental currency like attributes. I've no doubt you'll try and show me wrong by posting the last three days of oil prices, but, in essence, all you'd be doing is showing a short sighted narrow & simplified socialist view of the world.
 
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Last
$5.77
Change
0.120(2.12%)
Mkt cap ! $4.827B
Open High Low Value Volume
$5.75 $5.92 $5.71 $41.91M 7.226M

Buyers (Bids)

No. Vol. Price($)
3 5302 $5.76
 

Sellers (Offers)

Price($) Vol. No.
$5.78 25193 4
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
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