Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

Alternate Symbol(s):  NEVDQ | T.NCU.WT.C

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

TSX:NCU - Post Discussion

Nevada Copper Corp > Governement debt has become unfinanciable and that worlwide
View:
Post by Copper2020Fan on Dec 02, 2020 5:10am

Governement debt has become unfinanciable and that worlwide

Good morning.

The US governemnt-debt stays currently at round about 27,320,000,000,000 US-$.

Yearly interest expenses on this debt hitted with over 500 billion US-$ record levels, despite the ultra-low interest rates.

This fact is a proof. Interest has to stay low, because otherwise debt is becoming unfinanciable, which would lead into state bankrupt or into hyperinflation by avoiding state bankruptcy by paying interest with freshly printed money.

A moderate reflation of the economy with higher allowed inflation would keep the economy going and the impact of hyperinflation is avoided by now.

Reflation means higher prices in every area, commodities, stocks, daily living etc.

So copper as the important commodity will -from my point of view- under these circumstances see prices like never before.

Copperprices under 3 $ are history and passed and I think this will not come again. The new reality are prices over 3.50 $. 

Not only Copper-Producers are on my watchlist. Also Diamond Producers because Gem-Stones will profit also as an asset-class from higher prices. 

Lucara Diamond - Mountain Province Diamonds - Star Diamond Corp. are interesting names.

With best regards
Comment by Copper2020Fan on Dec 02, 2020 5:19am
Government - Interest Expense on the Debt Outstanding (treasurydirect.gov) www.treasurydirect.gov/govt/reports/ir/ir_expense.htm ------------------------------------------------------------------------------------------------------- GAO - Financial Audit 2020 www.treasurydirect.gov/govt/reports/pd/feddebt/feddebt_ann2020.pdf
Comment by nofluff on Dec 02, 2020 10:15am
A bit of math on debt copper. Money is a man made barter system. There is talk of huge debt and massive money on deposit. The reason there is so much money on deposit is that there has been so much printed. No one puts it under there pillow anymore. It is always on deposit. So long as countries debt to assets balance out with each other, it works out. The world has a central banking system to ...more  
Comment by bogfit on Dec 02, 2020 10:48am
I see I have completion for my fantasies and mythological nonsense.  You just got to love it when: “Where things happen is illustrated by Gahdaffis invitation to join central banking. He declined and said libya had huge cash and no debt.   Not long after he was dead and libya joined central bank.” “Not long after” we are told, and apparently nothing, absolutely nothing happened in ...more  
Comment by AfroSamurai on Dec 02, 2020 12:13pm
jfc.. you honestly post some of the most boring sh*t I have ever read with no relevancy to anything. You just like to hear yourself talk, plain and simple, and you have exhausted all the people you know IRL with it so you now post online. Your posts are becoming redundant and I wish the ignore button actually did something. There is nothing of value in your words, I'm sorry. I know you think ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities