BHP is down to $37.50 - again! - from its recent high of $49.55
on 11 April 2011
This could have been written yesterday but I wrote it eleven years ago - click here. And I added: Don't let any of this push you into panic. This too will pass, and those with a patient, long-term outlook will win. On the bright side, we're closer to the bottom than we were yesterday.
With BHP languishing under forty dollars, the war in Ukraine dragging on, varroa mite, monkey pox and foot-and-mouth disease adding to COVID, endless talk about climate change, floods and bushfires, rising inflation fears, the USA economy stalling, China's all-important real estate market on the brink of collapse, and the World Bank predicting the worst recession in fifty years - did I leave anything out? -, I may retreat to my library and read as the world crashes all around me.
