The trouble for Australia is that base metal prices are falling by a large amount.
Copper -1.8 percent
Nickel -4.7 percent
Aluminum -0.4 percent
Zinc +0.4 percent
Lead -0.7 percent
Probably another bad day coming up for BHP and Rio tomorrow and they account for 15 percent of the ASX200. I think it might be time to buy a few in super soon.
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The trouble for Australia is that base metal prices are falling...
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