XJO 1.75% 8,092.3 s&p/asx 200

Is there another reason why Aus resource companies are tanking?...

  1. 11,678 Posts.
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    Is there another reason why Aus resource companies are tanking? Backlash?

    The latest NAB Business survey (see here) reports a drop of 30% in forward orders to Aus resource companies. Why? According to this video Australia has become a victim of its own lap-dog diplomacy with the US.

    Are we being forced to pick a side? Is this the real reason why China's Premier is visiting Australia?

    Before you invest in Aus resource stocks you should spend the time to listen to this video. The implications are massive and could decimate the Aus economy and our standard of living.


    https://hotcopper.com.au/data/attachments/6247/6247471-2a2622f0fab6cfd4db354de7465167df.jpg


 
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