Guess I could change the thread title to read “ when will the war end ?” Or: “It’s A Good Thing drones don’t need diesel fuel to delver their payload ”.
An equally relevant thread title might be "when will the above ground supplies be unable to satisfy current demand in the light of a 6 year mine supply deficit. The estimates seem to vary widely,
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Guess I could change the thread title to read “ when will the war end ?” Or: “It’s A Good Thing drones don’t need diesel fuel to delver their payload ”.
An equally relevant thread title might be "when will the above ground supplies be unable to satisfy current demand in the light of a 6 year mine supply deficit. The estimates seem to vary widely,
Mine supply deficit? Lol, miners don't even waste their time mining for the garbage. Most gutter metal is pulled out of the ground as a byproduct while mining for other metals. There is no "deficit" and there never will be. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@jmski52 said: Guess I could change the thread title to read “ when will the war end ?” Or: “It’s A Good Thing drones don’t need diesel fuel to delver their payload ”.
An equally relevant thread title might be "when will the above ground supplies be unable to satisfy current demand in the light of a 6 year mine supply deficit. The estimates seem to vary widely,
Mine supply deficit? Lol, miners don't even waste their time mining for the garbage. Most gutter metal is pulled out of the ground as a byproduct while mining for other metals. There is no "deficit" and there never will be. THKS!
.
If you want to find the floor, look for a blitzed dude laying face-down on it
PS:
Primary silver mines are mostly played out.
That is why most new silver is obtained as a by-product from copper mining.
@jmski52 said: Primary silver mines are mostly played out.
That is why most new silver is obtained as a by-product from copper mining.
Don't confuse him with the facts. He might accidently post something coherent.
Perhaps with copper pushing towards $7 pound, more copper mines will be viable thus producing more silver. Maybe a headwind for silver pricing?
>
>
Well now, let's not let facts get in the way, LoLZ!
Getting smoked out again in the commonwealth. No worries, it's only the air we breathe. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Perhaps with copper pushing towards $7 pound, more copper mines will be viable thus producing more silver. Maybe a headwind for silver pricing?
Normally, one might think so, but what I've been hearing for more than a year is that copper has been hugely under-invested. The amount of capital needed to bring significant new copper supplies online is in the hundreds of billions of dollars and that simply hasn't been forthcoming. Rick Rule believes that copper is a great investment, but not in the short term. The demand is there and growing.
I don't know about the status of existing copper deposits that might be economically viable at higher copper prices, but I'm guessing that that has already been factored into the market data. I know that there are several large and possibly lucrative copper deposits being developed but the timeline is long and the financing is going to be slow.
To say that "there's no deficit in silver and never will be" - is simply not true. The deficit has existed for at least 6 years depending on where you begin the baseline, and has been documented by more than 10 independent precious metals analysts that are easily found on youtube.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said: Perhaps with copper pushing towards $7 pound, more copper mines will be viable thus producing more silver. Maybe a headwind for silver pricing?
Normally, one might think so, but what I've been hearing for more than a year is that copper has been hugely under-invested. The amount of capital needed to bring significant new copper supplies online is in the hundreds of billions of dollars and that simply hasn't been forthcoming. Rick Rule believes that copper is a great investment, but not in the short term. The demand is there and growing.
I don't know about the status of existing copper deposits that might be economically viable at higher copper prices, but I'm guessing that that has already been factored into the market data. I know that there are several large and possibly lucrative copper deposits being developed but the timeline is long and the financing is going to be slow.
To say that "there's no deficit in silver and never will be" - is simply not true. The deficit has existed for at least 6 years depending on where you begin the baseline, and has been documented by more than 10 independent precious metals analysts that are easily found on youtube.
Part of what I do for a living is selling copper by the roll, sheet , and extrusion. Right now the price of copper to industry pros out there is getting close to 12 bucks per pound. Nuckin Futs. But it will ALWAYS be GUTTER metal lolz
@jmski52 said: Perhaps with copper pushing towards $7 pound, more copper mines will be viable thus producing more silver. Maybe a headwind for silver pricing?
Normally, one might think so, but what I've been hearing for more than a year is that copper has been hugely under-invested. The amount of capital needed to bring significant new copper supplies online is in the hundreds of billions of dollars and that simply hasn't been forthcoming. Rick Rule believes that copper is a great investment, but not in the short term. The demand is there and growing.
I don't know about the status of existing copper deposits that might be economically viable at higher copper prices, but I'm guessing that that has already been factored into the market data. I know that there are several large and possibly lucrative copper deposits being developed but the timeline is long and the financing is going to be slow.
To say that "there's no deficit in silver and never will be" - is simply not true. The deficit has existed for at least 6 years depending on where you begin the baseline, and has been documented by more than 10 independent precious metals analysts that are easily found on youtube.
.
Most copper mining is done at large open-pit mines. One of the major expenses at such a mine is diesel fuel. The cost of that fuel has gone up a lot. So the profitability of copper mining has not really increased all that much (if any), even with the rise in copper prices.
Don't know if it has been mentioned but the upcoming 'el ninio' weather phenomena can add a variable to mining countries that experience flooding and landslides. Just another variable.
Comments
Guess I could change the thread title to read “ when will the war end ?” Or: “It’s A Good Thing drones don’t need diesel fuel to delver their payload ”.
An equally relevant thread title might be "when will the above ground supplies be unable to satisfy current demand in the light of a 6 year mine supply deficit. The estimates seem to vary widely,
I knew it would happen.
Mine supply deficit? Lol, miners don't even waste their time mining for the garbage. Most gutter metal is pulled out of the ground as a byproduct while mining for other metals. There is no "deficit" and there never will be. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
.
If you want to find the floor, look for a blitzed dude laying face-down on it
PS:
Primary silver mines are mostly played out.
That is why most new silver is obtained as a by-product from copper mining.
.
Primary silver mines are mostly played out.
That is why most new silver is obtained as a by-product from copper mining.
Don't confuse him with the facts. He might accidently post something coherent.
I knew it would happen.
Perhaps with copper pushing towards $7 pound, more copper mines will be viable thus producing more silver. Maybe a headwind for silver pricing?
Knowledge is the enemy of fear
>
>
Well now, let's not let facts get in the way, LoLZ!
Getting smoked out again in the commonwealth. No worries, it's only the air we breathe. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Perhaps with copper pushing towards $7 pound, more copper mines will be viable thus producing more silver. Maybe a headwind for silver pricing?
Normally, one might think so, but what I've been hearing for more than a year is that copper has been hugely under-invested. The amount of capital needed to bring significant new copper supplies online is in the hundreds of billions of dollars and that simply hasn't been forthcoming. Rick Rule believes that copper is a great investment, but not in the short term. The demand is there and growing.
I don't know about the status of existing copper deposits that might be economically viable at higher copper prices, but I'm guessing that that has already been factored into the market data. I know that there are several large and possibly lucrative copper deposits being developed but the timeline is long and the financing is going to be slow.
To say that "there's no deficit in silver and never will be" - is simply not true. The deficit has existed for at least 6 years depending on where you begin the baseline, and has been documented by more than 10 independent precious metals analysts that are easily found on youtube.
I knew it would happen.
Part of what I do for a living is selling copper by the roll, sheet , and extrusion. Right now the price of copper to industry pros out there is getting close to 12 bucks per pound. Nuckin Futs. But it will ALWAYS be GUTTER metal lolz
COPPER is gutter !
.
Most copper mining is done at large open-pit mines. One of the major expenses at such a mine is diesel fuel. The cost of that fuel has gone up a lot. So the profitability of copper mining has not really increased all that much (if any), even with the rise in copper prices.
.
Don't know if it has been mentioned but the upcoming 'el ninio' weather phenomena can add a variable to mining countries that experience flooding and landslides. Just another variable.