..yes, which is why this thread warned you to stay out of resource stocks months ago.
ARE COMMODITIES PRICING IN A GLOBAL RECESSION?
Iron ore FELL below $90 a ton for the 1st time since 2022
It is down by ~33% year-to-date.
This is another commodity clubbing like a baby seal due to declining Chinese demand and slowing global economic growth.
https://x.com/GlobalMktObserv/status/1833039854273175692
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Its Over, page-23625
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