Frankly, I don’t get it. The euro, the currency without a country, has been nothing more and nothing less than an abject fiat fiasco since April 30, 2010 when the first Greek panic attack hit the stock markets.
Recently a plethora of alternative names have been proposed and promoted for what were once known as the specialty or minor metals. These mostly obscure elements span the gamut from the lightest to the heaviest on the periodic table.
A graphite company is no different than any other junior resource company. In addition to evaluating its flagship project, we must always assess a company’s share structure, the people, and its peer market valuation.
The data and charts reflect China’s 36% of world consumption and its dominance of global copper markets. It is apparent to me that as goes China, so goes Dr. Copper. I take the contrarian view that a hard landing is not going to happen anytime soon.
Oil, gold, and copper have shed roughly 10% of their unit values this month. Most experts have adopted a very bearish outlook to the point of jumping on the doom and gloom bandwagon. Not I, sayeth The Mercenary Geologist.
With two major catalysts likely to boost spot prices, M&A activity afoot, new mines coming into production and new companies coming to market, the Mines2Capital analyst says well-positioned investors stand to benefit from what just may be a coming boom.
Throughout human-kind’s history on Earth, we have never exhausted the supply of any mineral or energy commodity, with one notable exception. But before I make my case, let’s cover some historic background.
A recent headline blasted the breaking news: “India to Pay Gold Instead of Dollars for Iranian Oil: Markets Stunned.” I too was stunned. That is one of the dumbest ideas to cross my desk in a long while.