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Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa-Kakula Copper Complex project stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometers (km) west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. The Kipushi mine is adjacent to the town of Kipushi in the Democratic Republic of the Congo (DRC) approximately 30 km southwest of the provincial capital of Lubumbashi. The 21 licenses in the Western Foreland cover a combined area of 1,808 square kilometers to the north, south and west of the Kamoa-Kakula Copper Complex.


TSX:IVN - Post by User

Post by argaivon Apr 28, 2022 10:20pm
352 Views
Post# 34641025

Lots Of Issues With Rising US Dollar

Lots Of Issues With Rising US DollarThis is not related to Ivanhoe, but that US dollar keeps rising and it could cause a sovereign debt crisis.  I am no expert on currency matters, but it seems that the JPY (yen) and CHY (yuan) are crashing.  The DXY is almost up to 104.  

You can look at Brent Johnosn's feed, aka Santiago Capital, and Luke Gromen's feed on Twitter.  The US had a negative GDP last quarter and I am not sure they will be able to raise interest rates as much as they want. 

I think the problems in the currency markets are what lead to downside in resource stocks.  The Plaza Accord happened in the 1980s where the US had to devalue the dollar.  Brent Johnson said another agreement of this type is necessary to avoid lots of conflict in the world.

How the hell is this Ukrainian conflict going to end?  Russia will not denuclearize without a war,and both sides are making threats to one another.  I guess our investments won't matter if there is a huge war.
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