Gold Telegraph
@GoldTelegraph
The copper market in the mining industry is heating up.
– BHP and Lundin Mining are set to make a joint bid for Filo Corp.
– Rio Tinto is considering a potential bid for Teck.
Copper is the glue of the entire economy.
I am very focused on copper before the cycle takes off.
=======================================
Gold Telegraph
@GoldTelegraph
Robert Friedland said this week:
“Humanity would have to mine more copper in the next 20 years than we have in human history to meet surging global demand on the back of the energy transition.”
He is right.
=======================================
Gold Telegraph
@GoldTelegraph
Japan likely conducted a $22 billion intervention yesterday to support its currency.
Japan spent a record $62 billion in May to prop up the yen.
Talk about a show…
Again, it is a circus.
=======================================
Gold Telegraph
@GoldTelegraph
Christopher Columbus mentioned gold at least 65 times in his diary during his historic journey of exploration.
Many forget, the country of Spain financed Columbus to go into uncharted waters.
The leaders had gold in mind. Why?
Power and influence.
=======================================
Gold Telegraph
@GoldTelegraph
The darker the world gets, the brighter gold will shine.
The world is getting very ugly.
