TSXV:WMG.H - Post by User
Post by
AucontraireIIon Apr 09, 2020 5:23pm
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Post# 30895927
Amazing reaction
Amazing reaction
This is an amazing reaction to this virus. The Powers are literally going to throw trillions of their currencies at restarting the economies in probably every country in the world. This has got to cause a grotesque pandemic commodity-based inflation IMHO. Maybe not right away as the initial depression / recession may cause contraction, but once it takes off, lookout! is the way I see it. We could see a boom time in the economy but without sustainability however with much of the money gets wasted on tasks that will need continuous money to keep them going. Malinvestments, pork, political gifting, etc etc. However I was trying to be optimistic here with Western Mag and thinking that maybe as we are going into production, there might be a huge demand for commodity materials including base metals that would finally include inflation in the prices of such metals. So could we see a perfect storm (at our backs) of demand and inflation combined with production coming online at about the same time? One can hope....