Post by
bogfit on Mar 04, 2022 6:46pm
The Biden Bounce.
February jobs report: Payrolls rise by 678,000 as unemployment rate falls to 3.8%
Do the math!
Jobs produce paychecks = paychecks cashed and spent = more consumer demand = greater business activity, = business expansion = more jobs, and quess what? Surprise,surprise = higher prices, at least until business meets demand.
An expanding economy will demand more metal supplying the E/V-Solar conversion. Every Nevada Copper investor, every mining investor should be cheering Biden's bounce, and wanting his policies adopted by the Senate.
b.
Comment by
bogfit on Mar 04, 2022 7:26pm
It's just common sense. In which economy do you think the majors are more likely would take on new projects? During a recession or during a business expansion? If you chose expansion, you’re choosing higher prices for NCU, and a greater potential for an acquisition, which I suspect would please almost everyone on this board. Right? b.