The days of being in shares is over. We are in a bear market, and it has another 15 years to run. The world markets have collapsed, and it no use putting money into share markets, coupled with the fact that large institutions are manipulating every day. Safeguard your money and get out. When the GFC started I moved my superannuation into bonds. Within super it was heavily invested in property trusts and shares. Had I not moved it, my super would have been virtually non-existant.Today my super is forging ahead, while my friends super funds are languishing.They are always complaining that their future is gone. I also got rid of my share portfolio. I only trade now and then. I have come to the conclusion that shorting is the only way to go, as the market allows. But even this is not easy. In saying this, I believe that shorting should not be allowed. GBG is another company, which is actually producing iron ore, with a buyer in place for all its product, but is only trading for .30c.
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Mkt cap ! $7.103B |
Open | High | Low | Value | Volume |
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14 | 4392 | $7.42 |
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Price($) | Vol. | No. |
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$7.43 | 5148 | 24 |
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12 | 11049 | 7.420 |
11 | 19448 | 7.410 |
11 | 27305 | 7.400 |
4 | 4574 | 7.390 |
Price($) | Vol. | No. |
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7.440 | 13616 | 35 |
7.450 | 16584 | 28 |
7.460 | 13587 | 23 |
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