Hey
I think it US wins. We keep paying in US dollars. The us keep printing money.
Lets look at this from a logical point of view.
Would you go to your butcher and pay top dollar for your steak if you knew the super market was selling that steak cheaper ?
Why would other country/company want to pay more for ore ?
Maybe we should say .. thanks china for buying our iron ore.. because no one else is?
Imagine china is gone .. how long the iron ore would be ?
Also iron ore price is still high if u see the last 20 years of history of iron ore price
Oz economic bust thanks to Big Australian, page-12
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Last
$40.86 |
Change
0.650(1.62%) |
Mkt cap ! $207.2B | |||
| Open | High | Low | Value | Volume |
| $40.65 | $41.02 | $40.32 | $321.8M | 7.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1456 | $40.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.87 | 1230 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |