
In 2006-07, BHP rode a copper boom to record profits and growing dividends as the credit and property cycle approached its peak. Nearly 20 years later, copper is once again the key driver of BHP's earnings growth and shareholder payouts. For students of the 18-20 year real estate & banking cycle, it's an interesting rhyme: rising credit, renewed infrastructure spending, stronger resource demand, and copper reclaiming centre stage (as it always does into the cycle crescendo). #BHP #Copper #RealEstateCycle #Investing