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Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

Alternate Symbol(s):  T.NCU.W.C | NEVDF

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 > How contagion works.
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Post by bogfit on Feb 10, 2024 1:41pm

How contagion works.

The crumbling Chinese real estate sector is starting to put properties around the world on the market at deep discounts, threatening debt-laden American commercial developers and the U.S. banks holding the loans, according to Bloomberg.

In a bid to pay off massive debts, Chinese real estate developers are having to offload a huge number of properties onto the global market, depressing prices even further for a sector that already has had borrowing cost hikes, causing a loss of $1 trillion in office property values, according to Bloomberg. The drop in property values hits American commercial real estate particularly hard due to the huge amount of debt the sector holds and the dwindling U.S. demand, with banks that hold the debt also fearing they may lose out on their investment

As time progresses and more properties sell at a discounted rate, buyers will hone in on the running market rate that will set property values, lowering the evaluation as new Chinese-owned properties flood the global market, according to Bloomberg.

American commercial real estate is facing $2.81 trillion in loans that are set to expire sometime through 2028, with developers either having to pay outright when the term comes due or refinance their debts. Interest rates on loans are experiencing upward pressure from hikes in the federal funds rate, which currently sits in a range of 5.25% and 5.50%.

Small and regional banks hold a disproportionate number of American commercial real estate loans, putting them at risk if developers are unable to pay their debts. Regional bank New York Community Bancorp stock reached a 27-year low over concern about its exposure to commercial real estate loans, according to Bloomberg.”
 
 China’s Real Estate Collapse Infecting Troubled American Sectors | The Daily Caller
 
b.
Comment by patchh on Feb 10, 2024 2:15pm
This post has been removed in accordance with Community Policy
Comment by bogfit on Feb 10, 2024 2:33pm
I have neither the inclination nor time to explain to you the financial relationships within the U.S. and global economies sufficiently to allow you to grasp the significance of the facts on the ground.  Maybe you should try to explain your disagreement instead of issuing the usual nonsensical gibberish, a result of neither intelligence nor knowledge.   There a reason ...more  
Comment by patchh on Feb 10, 2024 2:57pm
This post has been removed in accordance with Community Policy
Comment by patchh on Feb 10, 2024 4:38pm
soo what
Comment by bogfit on Feb 11, 2024 10:56am
When the global economics are examined in reference to future demand for copper in China, our potato chip delivery man says in his usual moronic manner, “soo what?... it will hav nada impak on the US markets..”    Paul Krugman, Princeton professor was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography.[8 ...more  
Comment by patchh on Feb 11, 2024 12:53pm
This post has been removed in accordance with Community Policy
Comment by patchh on Feb 11, 2024 1:00pm
soo what
Comment by patchh on Feb 10, 2024 3:06pm
Xi changed the law in china - ONLY FINISHED PROPERTIES..  the reds then settlede round 2B$ of the states componets (Hong Kong)/ several months ago when the first round came in around 5B$; prevented slakers from taking it bk on the shang exchange. the musical chairs is on the shang for around 300M$ and was ordered liquidated by the courts... it will hav nada impak on the US markets..  ...more  
Comment by bogfit on Feb 10, 2024 4:07pm
"get a clue -INSIDER- of soo whatt"  "it will hav nada impak on the US markets.. " I do not believe you even read the article I cited, as it explains to all smarter than a rock exactly what is what. Once again, our truck driver has a dogmatic opinion of global high finance, macroeconomics, and investment. to WHICH HE IS ENTITLED.  However, it is his scorn for those ...more  
Comment by patchh on Feb 10, 2024 4:35pm
This post has been removed in accordance with Community Policy
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