LVLAaron
Gold $$ Contributor
A Great Copper Squeeze Is Coming for the Global Economy
- Thread starter LVLAaron
- Start date
HTSmith
Silver $$ Contributor
That makes no sense to me. Granted I ain't the sharpest knife in the drawer. So all time record prices of near $5/lb for the last two years didn't spur investment? I'm worried about the mother of all recessions but not so much about copper prices. Yes I'm seldom in doubt but often wrong. Carry on.
The five finger recyclers will be working around the clock now!
well that is just crazy. next will be the vicious cycle where higher energy prices make r.o.i for new mining projects prohibitively expensive.... and the shortage will feed on itself.
I’ll be waiting!
Ranger188
Silver $$ Contributor
Another gloom and doom report, from the same people that
have been saying, gold and silver are going to sky rocket.
You'd better invest now.
Blah blah blah
Both have never been as high as they were 10 years ago..
So when they tell you something, I'm not listening.
Shortages come and go.
have been saying, gold and silver are going to sky rocket.
You'd better invest now.
Blah blah blah
Both have never been as high as they were 10 years ago..
So when they tell you something, I'm not listening.
Shortages come and go.
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Recession , what about depression or is recession a new name for it.
Is the sky falling again?
It is, but the fake news keeps it behind the shelf.
Dusty Stevens
Shiner
Was at the range Sunday, talked to a guy that said he works for berger bullets. Said they just got some stock of copper. Issue before that was getting the lead. Asked is production going to pick up now. Said nope. Down 30% of employees. Said might be first part of next year before see more on shelves from them. I recycle copper from electric parts i take off cars, im a mechanic. Im doing my part to keep supply going. Started saving old primers and thinking of turning them in also. Latley been holding on to the 22lr shells i got mixed in the range brass i get to scrap also. Never know when brass will be scarce.
Brians356
Silver $$ Contributor
From PowerLineBlog today:
One of the fundamental problems with wind and solar is that they are ridiculously low-intensity. As a result, it requires a vast quantity of raw materials to produce a modest, and unreliable, amount of energy. Did you know that a single wind turbine requires 8,000 pounds or more of copper? Like me, you probably have no concept of what it takes to produce that quantity of copper, or of the vast amounts of fossil fuels that are needed to create just this one component of a wind turbine. Wind and solar installations are parasitic: they cannot be produced without using enormous quantities of fossil fuels.
This thread is one of the best explanations I have seen of the absurdity of wind turbines, as it relates to a single raw material: copper. Please read the whole thing, and bear in mind that copper is just one of a number of minerals that wind turbines and their mythical “batteries” require in enormous quantities. Cobalt and lithium are among the others.
More here:
www.powerlineblog.com
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REALITY BITES WIND
It is an article of faith among many governments that we are in the midst of a transition from fossil fuel energy to “renewable” wind and solar. (Notably absent from this consensus are China, India and Russia.) In fact, no such transition is underway; wind and solar account for only a derisory portion of the world’s energy consumption, despite countless billions in subsidies. Nor will any such transition happen at any time in the future.One of the fundamental problems with wind and solar is that they are ridiculously low-intensity. As a result, it requires a vast quantity of raw materials to produce a modest, and unreliable, amount of energy. Did you know that a single wind turbine requires 8,000 pounds or more of copper? Like me, you probably have no concept of what it takes to produce that quantity of copper, or of the vast amounts of fossil fuels that are needed to create just this one component of a wind turbine. Wind and solar installations are parasitic: they cannot be produced without using enormous quantities of fossil fuels.
This thread is one of the best explanations I have seen of the absurdity of wind turbines, as it relates to a single raw material: copper. Please read the whole thing, and bear in mind that copper is just one of a number of minerals that wind turbines and their mythical “batteries” require in enormous quantities. Cobalt and lithium are among the others.
More here:
Reality Bites Wind
It is an article of faith among many governments that we are in the midst of a transition from fossil fuel energy to “renewable” wind and solar. (Notably absent from this consensus are …
www.powerlineblog.com
Coyotefurharvester
Silver $$ Contributor
The environmental worshippers(using ESG) have not only targeted petroleum but also mining. Joe has closed federal land, instructed Yellen to tell financials that ESG must be considered when investments are occurring. Combine this with a lack of petroleum refinery infrastructure and rising electricity costs and a labor market built on not working or working from home, you have a country in strategic decline(this is intended by democrats).
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