RE:RE:RE:RE:copper warehouse stocksMarket macros have to have an effect as well.
The US is printing dollars like toilet paper. This will inevitably devalue the USD and cause massive US inflation. The Fed cannot increase interest rates to control it all because that would bankrupt the government. So inflation will have to run. Of course, the response initially is to hoard before the prince goes up, which will drive priced up further. Eventually demand for goods and services drops as people tighten their belts.
So, what does this mean for the CAD. Commodities are usually a good thing to be in during such times. Metals, food, residential real estate. Also, the CAD should do well. These scenarios are never 100% predictable but SOMETHING big is coming and the USD is NOT the place to park your money.
I would think that a company like Taseko should shine during such a scenario and the pressure to get NP approved would be HUGE when the price of gold skyrockets.
The guys on youtube talk about a return to gold, but that is impossible. There is not enough gold or silver to pass for currency.