@PeterSchiff
Geopolitical uncertainty =
#1
driver of gold's strengthening performance right now.
#Copper
, a bellwether for the health of the economy is down, but should pick up via industrial demand soon enough. $ARG
@unusual_whales
When viewed in acres it sounds alarming, but the vast majority of agricultural land in the US is domestically owned. Out of the land that is foreign owned, China owns a tiny percentage:
Canada — 32%
Netherlands — 13%
Italy — 7%
United Kingdom — 6%
Germany — 5%
China — 1%
@unusual_whales
27% of U.S. employees currently work remotely,
36.2 million by 2025.
40% of workers believe they were more productive working at home during the pandemic, vs the office.
@stats_feed
#Japan
's birth rate fell to its lowest level on record in 2023, only 799,728 newborns in 2022, a 5% fall on the prior yr. Japan had 1.58 million deaths, ⬆️ 9% Y-o-Y; a declining population.
@unusual_whales
Gen Z is the first
#inflation
conscious generation in years, with their concern level on par w/ other age groups. This may impact their saving and buying habits for the majority of their adult lives, echoing the behavior of the generation that experienced the Great Depression.
@unusual_whales
63% of Americans live paycheck to paycheck
21% of U.S. adults struggle to pay their bills
75% of the American workforce is in debt
Its hard to believe in a better life for your kids if you & the other adults around you are struggling
@unusual_whales
For some reason, its still legal for legislators to directly place their hand on the scale. What if the NBA, NHL, MLB etc. allowed the players to bet on their own games?
@unusual_whales
According to CNBC, the airline's system used to calculate weight and balance for flights wasn't functioning correctly.
Alaska Airlines also asked the FAA to pause their mainline departures nationwide. They didn't give a reason for the stoppage.
@unusual_whales
Corps are using this inflationary environment as an opportunity to fight back against organized labor, & proposed wage increases, depressing the purchasing power of the avg. consumer.
@unusual_whales
This is a worldwide phenomenon - a result of countries industrializing, changes to the nature of work and wages failing to keep up with inflation/cost of living etc.
@stats_feed
Population rates will decline worldwide by about 2060, as access to contraception, standards of living and the corresponding cost of living increases. This will be true in
#Africa
as well - home to some of the highest birth rates, as industrialization continues to grow.
@energybants
Its really an amazing change to see. For the 1st time in about a decade, public opinion is shifting back in Nuclear’s favor.
For example, in Japan a majority of citizens are pro nuclear now, compared to 71% against only three years ago. $AEC $ANLDF
A Reliable Pattern in Mining Investment⚒️
Gwen Preston from West Red Lake Gold $WRLG, shares a significant catalyst/milestone for any
#gold
mining company; moving from "spending money" (development) to "making money" (production). High expectations for a share price re-rate.
@unusual_whales
Noel Quinn, HSBC CEO: “ It strengthens our commercial banking franchise & enhances our ability to serve innovative & fast-growing firms, including in the technology & life-science sectors, in the UK and internationally."
Picking up distressed assets on the cheap, what's new?
@WallStreetSilv
Inflation and dollar depreciation are catching up. According to the article Senator Joni Ernst (Iowa) said it cost American taxpayers 10 cents to manufacturer a nickel.
Anfield Energy $AEC is⬆️17% YTD. Their Shootaring Canyon Mill is one of only 3 licensed, permitted & constructed conventional mills in the U.S.
They continue to strengthen their
#uranium
assets - having acquired 21 of the 31 DOE existing licenses in Colorado.
Anfield Energy Submits Mill Reactivation Plan, Triples Proposed Production Capacity & Plans Restart by 2026 ⚒️ $AEC
#Uranium
◾️Submission of reactivation plan the last milestone before restart in 2026
◾️70% valuation discount to other mill owner $UUU
◾️10+ years of production
US Uranium Onshoring: Growth Ahead 🇺🇸🏁
Josh Bleak, Co-Founder of Anfield $AEC $ANLDF shares production plans ~2026. High-grade ore
#uranium
from Utah/Colorado mines will feed Shooting Canyon Mill: initial 200 - 500t/day. Significant ore block laid out by prior operators.
Bullish Uranium Backdrop
#Uranium
prices⬆️ Governments are increasing nuclear power capacity, as the most efficient path to stronger energy security & lower carbon emissions. Continued expectations of increased demand.⚛️
#StockMarket
$AEC $CCO $UUUU
@WallStreetSilv
Chile = 30% of global supply, planning to 2x production by 2025 to 250K tonnes of lithium carbonate equivalent (LCE).
They're also looking at forming a lithium cartel with Argentina, Bolivia & Brazil, manufacturing more batteries & capturing a bigger piece of the EV market.
@francesregina
@ianbremmer
Are you asking me why Brazil (or any other nation) needs political stability? Brazil is an emerging power and a major source of global critical resources - political instability would be a disaster for the Brazilian people and the rest of the world.
@unusual_whales
The upward pressure on home prices will continue as there is a lack of new home building vs population growth in Canada. Rising
#inflation
just makes affordability worse.
For example, in Ontario population growth has outpaced housing growth for 35+ years:
Barrick
#Gold
: We need more Copper Mines, Biden Admin Not Doing Enough
Barrick's CEO: Consolidation in the
#copper
market isn't enough, new mines are needed. The government needs to do more to support;⬆️red tape.
The co. plans to⬆️their production +30% by 2030. 🧵 $ARG $HCH
@unusual_whales
Students & would-be students aren't realizing the same rewards of education that prior generations received, due to the insane cost. In 1963, the annual cost of tuition at a 4-year public college was $243, which would equal $2,431.02 in September 2022 currency values.
The deal is being done publicly through Raymond James, a much larger firm ($1.4 T in assets) than previous equity deals. This is also a public bought deal instead of a private placement. This likely indicates investor demand for $WRLG &
#gold
is rising.🧵2/6
Robert Friedland Pounds the Table on
#Copper
"We’re heading for a train wreck here. My fear is that when push finally comes to shove, copper can go up 10 times." ...🧵1/3
#stockmarket
$ARG $ARREF
@PeterSchiff
Gold has outperformed since the Great Financial Crisis of 2008. If the long term diagnosis says the dollar will get sick, gold will be the picture of health. $CERT $VAU $WRLG
Albemarle expects China's EV market to grow 40% this yr, or at least by 3 mill. vehicles, boosting demand for
#lithium
🚗
They raised their prices +300% last yr & plan +55% this yr. High commodity prices incentivizes new mines ⚒️
#stocks
$ALB $SRA $LAC $GRDM
Vanadium Demand/Growth Taking Off
RBC Capital Markets (Europe):
#vanadium
market deficit starts 2025, due to demand from steel industry & VRFBs, expected CAGR of +14% to 2030.
(USA) DOE signed several MOUs, confirming commercial viability of VRFBs.
#stockmarket
$LGO
#BMN
Cameco $CCO, world’s 2nd largest uranium producer. Tier-one mining & milling operations w/ licensed capacity to produce more than 30 mill. lbs (
#uranium
concentrates) annually, backed by more than 469 mill. lbs of proven & probable mineral reserves.
@unusual_whales
Remote work is here to stay, impacting consumer spend/save trends. According to a survey from Buffer, 71% of companies are permanently allowing some type of remote work. Only 8% of respondents said their companies will not allow any form of remote work.
VRFB’s Could Consume +10% of Vanadium Supply
The supply of
#vanadium
is currently inadequate to meet demand needs from the battery industry based on forecasts of
#VRFB
installations. VRFBs provide a safe, low carbon source of grid-level energy.
#StockMarket
$LGO
#BMN
@unusual_whales
The core
#inflation
rate is at 5.59%, compared to 5.54% last month & 6.47% last year. This is higher than the long term average of 3.67%, so the average American will continue feel the pain for quite some time.
Chambishi Copper Smelter in Zambia cut 1/5 of production, due to power shortages. The plant produces 250K t of
#copper
/ yr & one of Zambia's biggest processing facilities. Zambia is Africa’s 2nd largest copper producer, 8th largest globally. Global copper shortages continue.
"The Legacy Mines are Slowly Dying"
Robert Friedland comments on legacy
#copper
mines & their decreasing grades & lower output.
A structural challenge: A lack of capital investment means demand will outpace supply after 2024. H/T:
@BNNBloomberg
#StockMarket
$ARG $HCH $ECOR
Billionaires Bet on West Red Lake Gold $WRLG
Frank Giustra, Sprott & Van Eck hold positions,
Here's their their strategy:
When Frank created
#Gold
Corp, one of their high-grade acquisitions was Red Lake Mine. WRLG managed to pick up the site for pennies on the dollar. 🧵
@BrianRoemmele
#Vanadium
is best put to use today in Vanadium Redox Flow Batteries (VRFBs). They're ideal for large scale grid applications, as per their energy/power density. $LGO
#BMN
and a number of companies have VRFB projects around the world.
@unusual_whales
The national median rent price is$2,038, $15 less than in August 2022 when prices peaked at $2,053. Though there was a dip in May, prices continue to be elevated long term. Rents are up 14% over a 2 year period, adding almost $250 to monthly rent bills.
@unusual_whales
This is what she's talking about:
In 2017 Dodd-Frank rules said a bank w/ $50 billion of assets was subject to stress tests & regulations.
This was changed to $250 billion, blurring lines between a small & big bank. CEO of SVB fought for this. 50 Repubs & 17 Dems voted "Yes"
@unusual_whales
When it comes to paid vacation days, North America lags behind. For a comparison, Iran leads the world with 53 days/year. The UK has 28 days. Canada has 19 days, USA has 10 days.
Copper Investing Insight💡
#Copper
is one of the best performing metals this year and there's one company, Hot Chili $HCH that offers two ways to get paid: copper and water.
Let me explain 🧵1/5
Kitco ranked global top 10 largest
#uranium
mining firms, data reported by the World Nuclear Association (2022). These firms = 92% of the world's total mine production.
#StockMarket
$CCO $AEC $UUUU
Rise of the Silver Kings👑
Shawn Khunkhun is CEO of Dolly Varden Silver $DV.v. There's only been a few times in his career where he pounded the table for an all-in
#silver
moment. There are great opportunities & the bull market has barely begun.
Let's Dive In: 1/7
@unusual_whales
Union Membership & Wealth Inequality
Union membership peaked at 30% of workers in the '50s; income inequality was at its lowest level since before the Great Depression, & was falling. Throughout later decades, income inequality rose, while union membership steadily declined.
Canada has about 6.7% of world reserves of
#nickel
- deposits are high-grade & produce less CO2 when extracted than other jurisdictions.
$CNC $QNI
#stocks
@The_Br0seph
@unusual_whales
I hear you. If you see this as a problem - then its a bipartisan problem. Both sides generally stay out of foreign involvement & investment in private land sales, whether agricultural, commercial real estate etc.
@unusual_whales
A higher income is always a positive, however the real value of a dollar/lifestyle in a state is also a major factor to consider. The same amount of money can buy more in low-price states than in high-price states.
Silver: "The Most Exciting Trade in Metals"
Insights into the
#silver
market from Daniel Ghali, TD Securities. We identified a silver surge, for similar reasons Mr. Ghali explains:
▪️supply ⬇️
▪️solar demand
▪️EV demand
▪️like
#copper
, a lack of new mines🧵 $PAAL $DV.v $AEC
@stats_feed
Despite its warranted criticisms & inefficiencies, no other country on earth has a more deadly & equipped organized
#Military
. The U.S. outspends the top 9 other nations on defense combined, & operates the most bases & infrastructure for rapid deployment anywhere in the world.
There's a looming deficit in
#nickel
. Nickel prices are up 50% this year. Canada has a key role in filling global shortages. In a world of
#ESG
concerns & rising demand for electric vehicles, clean Canadian nickel can take the spotlight.
$QNI $CNC
Global Nickel Shortage in Focus ⚒️ Canada has a Key Role to Play
▪️
#Nickel
demand to double by 2030🔋
▪️ Mining Exploration capex at a 12-year low
▪️ Nickel miners lagging nickel by 90% ytd 👀
▪️ 🇨🇦 Miners: Canada Nickel $CNC & Quebec Nickel $QNI
Note:
The International Energy Agency (IEA) provided a brief outlook for supply/demand for
#copper
. They review all global announced projects, & consider clean energy applications (& other uses) as well as risk assessments. $ARG $HCH
A breakdown of the key conclusions for copper: 1/5
The High-Grade
#Gold
is Out There
As avg. grades at global miners decline (1.35 g/t, 2021 vs. 1.46 g/t in 2017), finding good projects as demand⬆️is tough.
Gwen Preston (West Red Lake Gold $WRLG) shares high-grade drill results from the Austin Zone at their Madsen project.
There's an looming deficit in
#nickel
. According to the IEA, nickel is facing the largest demand increase out of battery metals as "high-nickel chemistries are the current dominant cathode for EVs and are expected to remain so"...
$QNI $CNC
Who will get to Use Psychedelics?
#Psychedelics
have great potential to help millions of people with mental illnesses and other ailments. But who will get access to markets first? A Rolling Stone article broke down arguments to consider:👀🧵1/5
#StockMarket
$MSET $MSSTF
@unusual_whales
Demand for
#uranium
will continue to rise.
#Nuclearenergy
is very energy dense & more reliable than renewables like wind & solar. Nuclear also beats renewables in terms of GHG emissions, land use & waste. Any aspirations re: Net Zero must include nuclear power. $AEC
West Red Lake Gold $WRLG was ⬇️12% on a C$30M raise. Investors not happy but if you look at the deal, the market is missing a very bullish indicator 🧵1/6
Asian
#Gold
Buying: a Flight to Safety👀
▪️ Vietnam & Thailand = SE Asian's biggest buyers beside India & China
▪️acc. a Gold Trading Assoc. they are queuing in the rain to buy bars/jewellery - banks sold 2 tonnes in 1 wk, previously they sold 2 tonnes in 1 month. $WRLG $KRI.v
@sdmoores
Great news for domestic supply chains in North America. Looking at global
#nickel
projects, 6 out of 11 are in Canada and the U.S. Canada Nickel $CNC.v has the advantage of implementing carbon capture technology - aligning well with federal Net Zero ambitions.
Bank of America: The 3rd
#Uranium
Bull Market
(Main Factors):
▪️resource nationalism & global demands for energy security🌎
▪️structural supply shortages📊
▪️decarbonization commitments requiring a 2X of world nuclear output⚛️
#StockMarket
$AEC $ANDLF
#NuclearEnergy
Historically, VRFBs have accounted for approx. 1-2% of global vanadium consumption.🔍
By 2022, this was estimated to be around 6%. 🧨
Expectations are that VRBs share of global
#vanadium
consumption will increase to 10% in 2023.🚀
#stocks
$LGO $LGO.TO
@BurggrabenH
Sentiment has changed tremendously in a short period, & the public is waking up to the benefits of nuclear energy. In Japan, the majority are now pro nuclear, as opposed to 71% opposed only 3 years ago. $AEC
The Canadian government invested $10M, in MIRARCO & Electra for battery metals (i.e.
#nickel
#cobalt
#copper
) projects.
Looks like Canada is finally starting to⬆️ money flowing to critical minerals projects. Canada Nickel's $CNC.v Crawford Mine is likely at the top of the list.
@KirschaKievits1
@unusual_whales
Out of all the privately-held agricultural land in the US, only about 3.4% is foreign owned. Out of that land, the Netherlands owns about 13%, so we're looking at a small percentage of a small percentage.
@stats_feed
Q4 2023 Türkiye’s tourism revenue was ~$54 billion. Visitors to the UK are worth ~£106 billion to their economy. So, the UK most likely manages to pull more money out of their visitors, due to cost of living, volume & price of tourist sites etc.
Barrick Rally +8% Today
Mark Bristow, CEO of Barrick $GOLD: a good report, stock will rally vs. peers, as they⬆️assets. As margins improve, moving from a 90/10
#gold
/
#copper
prod. split to a 75/25 gold/copper split ~2028.
Volatility = gold tailwinds. $FNM $KRI.v $WRLG
Anfield Energy $AEC: Near Term Production Goals✅
Supply challenges erupt, & the US responds w/ a 200GW roadmap to expand domestic milling & mining by 110 million lbs of
#uranium
/yr.
Good news in the market, the Nuclear Renaissance remains strong.
Anfield Energy Submits Plan to Restart Velvet-Wood Mine, Key Source of Uranium for Shootaring Canyon Mill ⚒️ $AEC
#Uranium
◾️Contained uranium of over 5M lbs, 7M lbs vanadium
◾️Key feeder for mill restart in 2026
◾️Anfield owns 1 of 2 operational mills in America
◾️Mill demand
Indonesia plans a nickel price ceiling to control the market. The idea is to keep the price ⬇️$18K /mt on the LME, to encourage EV makers to use
#nickel
based batteries.
Without green tariffs, their "dirty" nickel will maintain an edge on price. $CNC.v h/t
@OilandEnergy
@margot_rubin
@largo_inc
VRFB growth is taking off - rapidly increasing its historic share of 2%, to account for 10% of global
#vanadium
consumption this year. $LGO
@Edvm999
@SloCan68
@knarfmartini2
Here's a brief report on the investment thesis for uranium milling/onshoring which mentions $AEC if you'd like to take a look:
@HSajwanization
@elonmusk
I don't think that's going to really help. The blue check mark is simply going to mean that you're willing to spend $8 per month. Most of the bots and "keyboard warriors" don't have a blue checkmark now 😁
$WRLG: A Great Time for Gold
In recent interview, Shane Williams, CEO of West Red Lake Gold Mines Ltd. revealed the companies' exploration strategy, their unique funding approach,
#gold
tailwinds and upcoming catalysts.
Let's get to it 🧵1/5
@unusual_whales
Fed-infused liquidity where money is cheap (low interest rates), no restrictions on the number of homes owned and foreign ownership has created a shortage of housing in Toronto and other big cities around the world.
Factors Impacting the Vanadium Market 🔍
CRU: Pricing in H2 should be supported by:
▪️⬆️battery demand (5K t, 2022 vs 2.9K t, 2021)
▪️⬆️global growth in steel production outside of China (ferrovanadium)
▪️⬆️aerospace demand (
#vanadium
pentoxide)
#StockMarket
$LGO.TO
#BMN
A Looming Copper Supply Crunch⚒️
#Copper
demand growth is steady, while copper mine supply is projected to reduce significantly after 2024. How will the industry address a multi-million tonne supply gap?
H/t
@grizzlemedia
$HCH
Copper: Bullish Outlook
#Copper
miners & the spot price moving this month, due to an overall bullish outlook, China's capital spend on construction/ industrials & relatively tight supplies on exchanges. Copper is a key electrification metal.
#stockstowatch
$ARG $HCH
Niger Coup: Highlights Niger's Uranium
Niger =5% of world's
#uranium
, & is a leading supplier to the EU. EU utilities bought 2905 tU of Niger 's uranium in 2021, + 24% of EU imports.
#Niger
is ahead of Kazakhstan as the EU's leading source of uranium.
#stockmarkets
$AEC
Not surprised Ecora $ECOR up big on earnings
▪️Buying back 4% of shares near term
▪️25%-35% FCF payout
▪️Big surprise
#uranium
discovery on land with 2% royalty.
Already trades at 60% discount so lots of room to catch up.
@PeterSchiff
Gold could start rising with oil looking the current trend, stagflation is now a real possibility. The Fed is stuck between a rock & a hard place. $CERT $DV.v $VAU $WRLG
Copper: Cost is King 👑
Looking at the peer benchmark table below, $HCH Hot Chili's Costa Fuego is the one the lowest cost future
#copper
projects. As projects scale up, low capital intensity vs. production means leverage for key producers. 🧵
Generation 3 4680 Cell incoming?
As per the post by Joe below, at Giga Texas:
1) Tesla is working in cutting over from an NMC811 cathode to an NMC955 cathode.
That means increasing the Nickel content from 80% to 90% and decreasing the cobalt and manganese from 10% to 5%.
2)
@unusual_whales
Many Americans can no longer achieve the American Dream of homeownership as a life investment & asset, & instead invest in "experiences" (leisure). As economic uncertainty persists there are opportunities in hard assets (commodities) to fight inflation. $WRLG $NVRO $VAU