Taseko Mines Ltd T.TKO

macro thoughts metal

[cupricity]

Low interest rates, rapid wage growth and some inflation.

Inflation caused by lack of investment in fossil fuels.  Notice Oil is not really high but Natgas and Coal are all time highs.  This is caused by EV uptake.

Low interest rates and some inflation help pay off the record amounts of debt govts and people carry.

Wage growth, low interest rates and some inflation takes money away from those who hold cash and bonds (ie the rich) and reduce debt and improve wages for the working class.

This little inflation run is social justice and climate change activism courtesy of our politicians wh are elected to fight climate change and inequity.

The folks who are going to hurt are people with lots of cash (seniors, trust fund babies,conservative sovereign wealth funds.

It is basically Robin Hood at work.  I would not expect it to stop anytime soon.

[JCSunsfan]

That is one of the stupidest things I have ever read. It's not slight inflation.  It's huge inflation and the people it is hurting most are the people who cannot afford heat or fuel. Wages are not keeping up with inflation.  Rich people don't hold cash and bonds.  They own companies.  Cash and bonds are held by the elderly and people on fixed incomes. Oil is high