Disclaimer: I don't own BHP, I was too greedy on a buy order - missed by 4 cents in 2005.
Disclaimer 2:
I assumed,
The charts I put up for BHP perspective (a few posts above) were the US listing (which everyone else of course noticed but me...).
As the day wore on, I was thinking, "I know BHP has done poorly but not that badly, I'd better check. The timing looked about right for the peak but near 70% drop sounds too much."
Oops!
Here is the Australian version (ASX listing in AUD) below:
The latest 1 year (still not too flash but...
And here is the long term
The long term graph for BHP tells a similar story but different scale to the USD listed version. It traded above AUD45 a couple of times, so at the moment it is down about 50% - still not too flash but not as bad as someone holding BHP in the US looking at close to 70% loss.
Also, I was a bit flippant saying both BHP and the AUD are hi beta bets on China Growth - it is really world growth. For a big chunk of the 2005 to 2015 China was at times 100% of world growth (other areas such as EU falling or close to zero matched off growth in other regions).
Going forward - China is unlikely to be equal to 100% of global growth. It is still very important but it is no longer the bull-in-the-china-shop (pun intended).