A quick update in big iron and gas share prices is a bit of fun today. The roaring bear market rolls on with no end in sight. BHP is in free fall trading at its lowest since 2005:
It might find support at $14 for a while but MB believes it will sink all the way to 2003’s $8, along with Trevor Sykes’ credibility, as oil and iron ore both head deep into the $20s.
The same can be said for RIO, which is trading at its post-GFC low:
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