RE:American Workers Just Got a Pay Cut - Where's the trickle? Dragonflyinvest wrote:
"U.S. average hourly earnings adjusted for inflation fell 0.2 percent in July from a year earlier ... notching the lowest reading since 2012. While inflation isnt high in historical terms, after years of being too low following the 2007-2009 recession, its recent gains are taking a bigger bite out of U.S. paychecks."
https://www.bloomberg.com/news/articles/2018-08-10/american-workers-just-got-a-pay-cut-in-economy-trump-calls-great
b.
Bloomberg, hardcore radical left wing news publication, not even fit to line the bottom of a bird cage... bottom line and truth is the majority of Americans are happy and positive about the state of the American economy, they may not like Trump overall but they do like the direction of employment rate and economy. China cannot win a trade war with the US, they export far too much to the USand the imbalance is top great, the Chinese will blink at some point and take the knee, just like the EU. Trump 2020 #winning
Copper production is projected to reach a peak in the next year or two and then be in a deficit through 2030, this is right as we are slated to begin production, the future looks friendly for NCU. Over the next week or two depending if I can find the free time I am going to crunch some of the numbers disclosed in NCU's presentation and do a comparison with past buyouts. I think we are a $3B company once production starts and all other things being equal.