Post by
YourFriendo on Jan 29, 2021 1:13pm
Inputs
When doing your cf, keep in mind that inputs Sherritt uses are also increasing, at even a higher rate than nickel. Probably trims 50$ cents of margin per pound.
Comment by
YourFriendo on Feb 01, 2021 12:26pm
Not sure where you get your information from, but all input commodities are up: AECO gas prices up about about 30% YOY, power pool prices in Alberta doubled MOM, WTI up 30% since November. But most impactful is sulfur prices, which have almost tripled since the fall.
Comment by
oceaneleven on Feb 01, 2021 1:21pm
canola too!!!!! with all these commodities spiking we will have that dirty little word INFLATION leak out...Gold will rise to new record highs...Be there or be square.......
Comment by
Cobalt on Feb 01, 2021 2:06pm
Too much paper gold , gold no longer has true price discovery , dirty little secret gold likes deflation not inflation, inflation raises carrying cost , that is why she sold off when rates went up, New idea for you QBTC , bitcoin etf , dyodd
Comment by
oceaneleven on Feb 01, 2021 2:19pm
inflation drives prices up and makes thingys more expensive...GOLD becomes more expensive...Gold is also used to hedge inflation.........It's all about supply & demand ...Gold seems to have same type supply unlike the dollar LOL!!!!!!
Comment by
Cobalt on Feb 01, 2021 2:24pm
It's all about supply and demand , paper gold backed by nothing Good luck