GREY:NEVDQ - Post by User
Comment by
bogfiton Dec 28, 2021 2:05pm
159 Views
Post# 34265801
RE:RE:RE:Copper is the new oil
RE:RE:RE:Copper is the new oil"... With supply not meeting demand, I think that says it all."
Hardly. The real question for NCU shareholders: will the shortfall in supply cancel out a lowering in demand; and IF it does, will it cause a speculative move into copper? The answer is: We don't know. We don't know, because i.e. we don't know the progress of the Pandemic or its FUTURE effect upon supply chains. China is shutting down cities - if that happens to a major port (which it has and will), then all bets are off on GDP. Add to this uncertainty is the plan of the Republican Party to stifle and/or obstruct any positive economic programs during Biden's term of office JUST LIKE THEY HELD UP NEVADA COPPER'S PERMITS FOR ALMOST A YEAR, when Harry Reid led the Senate.
Don't tell this ol' desert rat that politics don't matter when it comes to investing your money. I vote my pocketbook, and it is in my financial interests to see Joe Biden succeed and the U.S. economy recover.
b.
b.