RE:RE:Gold will tank in 2023Ya your right, but for every action there's a reaction. Let's say we get all these piles of copper out of the ground, where are they going after that? The Horne smelter in Ontario? Love the gold cause I think that comes first cause this country has an issue that's going to take 4 years min for copper, That is engineering firms are going to be the first thing we need to get it done.
where are the top smelters in the world? not here. Who's making all the copper wire for motors? Not us, but we should be, cause we are restricted from China now under new critical minerals signing. The Brics nations will buy your gold before you see the copper processing done. This country putting the horse befor the cart. My biggest fear is magnesium China and Russia control 90% of it, if that gets restricted there will be no casting for motors or transmission. My suggestion to people would be take advantage of the copper high while you can, hold on to your gold during the greatest shitt show that's coming. When they finally print the cash for the industrial revolution that is needed, get ready to get in at the low end of three biggest engineering firms you can find. Maybe my home work is off, but seems like Glencore is one company that has their stuff together that might be able to help this country? Hate the stock price though. Good day fellas