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Brandon Beylo
Stanley Druckemiller thinks copper is a pretty simple story.
I obviously agree with him.
Here's the full quote:
"Copper is a pretty simple story. Takes about 12 years, greenfield to produce copper, and you got EVs, the grid, data centers, and believe it or not munitions.
These missiles all got enough copper in them and the world’s getting hot that we just think the supply-demand situation is incredible for the next five or six years."
Ivanhoe Mines CEO @robert_ivanhoe said something very similar in a recent interview (emphasis mine):
"We have two competing tribes. One tribe says 'I want to save the world, I'm green, I need cobalt, nickel, platinum, or palladium'. The other tribe says 'Holy shit, the Army/Navy wants these metals for national defense.'
The intensity of metal demand in conflict is beyond your wildest imagination. In WWI you needed a telescope to see the price of copper." "So we're heading to a world where both tribes have a strong demand for more metals. We're balkanizing the world into two camps, and it's tearing the global supply chains apart."
When two industry GOATs start saying the same thing, it's time to listen.
#copper
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Stanley Druckemiller thinks copper is a pretty simple story.
I obviously agree with him.
Here's the full quote:
"Copper is a pretty simple story. Takes about 12 years, greenfield to produce copper, and you got EVs, the grid, data centers, and believe it or not munitions.
These missiles all got enough copper in them and the world’s getting hot that we just think the supply-demand situation is incredible for the next five or six years."
Ivanhoe Mines CEO @robert_ivanhoe said something very similar in a recent interview (emphasis mine):
"We have two competing tribes. One tribe says 'I want to save the world, I'm green, I need cobalt, nickel, platinum, or palladium'. The other tribe says 'Holy shit, the Army/Navy wants these metals for national defense.'
The intensity of metal demand in conflict is beyond your wildest imagination. In WWI you needed a telescope to see the price of copper." "So we're heading to a world where both tribes have a strong demand for more metals. We're balkanizing the world into two camps, and it's tearing the global supply chains apart."
When two industry GOATs start saying the same thing, it's time to listen.
#copper
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Offshore
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Offshore
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Brandon Beylo
RT @hkuppy: Wow!! More signs of a bottom in gold miners…
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RT @hkuppy: Wow!! More signs of a bottom in gold miners…
Stansberry is officially shutting down their Gold Stock Analyst newsletter.
In other words, there's zero investor appetite for gold stocks.
Meanwhile, gold prices continue to make new all-time highs.
Gold miners will print cash at these prices, but nobody cares!
#gold tweet
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Brandon Beylo
RT @shinystocks: Mining isn’t cool, you can’t attract young people etc. & also unloved as investment. But things CAN change.
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RT @shinystocks: Mining isn’t cool, you can’t attract young people etc. & also unloved as investment. But things CAN change.
Stansberry is officially shutting down their Gold Stock Analyst newsletter.
In other words, there's zero investor appetite for gold stocks.
Meanwhile, gold prices continue to make new all-time highs.
Gold miners will print cash at these prices, but nobody cares!
#gold tweet
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Giuliano
The Wealth of Nations is the most important book in economics.
Here are some of my main takeaways: https://t.co/UqG6BcD0QU
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The Wealth of Nations is the most important book in economics.
Here are some of my main takeaways: https://t.co/UqG6BcD0QU
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The Long Investor
RT @market_sleuth: $SPY low trading volume record shattered. Going back to the year 2000 $SPY has never had two back-to-back 4pm closes with under 39M shares traded until … 🥁… today. Yesterday was 37.3M. 🔽 https://t.co/D9BI47aj5m
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RT @market_sleuth: $SPY low trading volume record shattered. Going back to the year 2000 $SPY has never had two back-to-back 4pm closes with under 39M shares traded until … 🥁… today. Yesterday was 37.3M. 🔽 https://t.co/D9BI47aj5m
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The Long Investor
The $VIX has dropped from 19.96 to 12.68 in 20 days…..during earnings season….in what was quite clearly, a volatile time.
PPI
CPI
Next on the agenda for the market.
Bulls did get a big win today, taking advantage of the lowest volume since 2000 and pushing the market above a significant 0.78 Fib level.
Can they hold the retest now?
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The $VIX has dropped from 19.96 to 12.68 in 20 days…..during earnings season….in what was quite clearly, a volatile time.
PPI
CPI
Next on the agenda for the market.
Bulls did get a big win today, taking advantage of the lowest volume since 2000 and pushing the market above a significant 0.78 Fib level.
Can they hold the retest now?
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Dimitry Nakhla | Babylon Capital®
“If a business earns 6% on capital over forty years, you’re not going to make much different than 6% return, EVEN IF you buy it at a huge discount.
Conversely, if a business earns 18% on capital, you’ll end up with one hell of a return long term, EVEN IF you pay an expensive looking price.”
— Charlie Munger 🗣️
This. Is. Why. Quality. First. Then. Valuation.
#stocks #investing
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“If a business earns 6% on capital over forty years, you’re not going to make much different than 6% return, EVEN IF you buy it at a huge discount.
Conversely, if a business earns 18% on capital, you’ll end up with one hell of a return long term, EVEN IF you pay an expensive looking price.”
— Charlie Munger 🗣️
This. Is. Why. Quality. First. Then. Valuation.
#stocks #investing
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Clark Square Capital
RT @SavingPlants: Great write up on $MAPS as a primary benefactor of rescheduling of cannabis - includes primer, valuation, and a working model.
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RT @SavingPlants: Great write up on $MAPS as a primary benefactor of rescheduling of cannabis - includes primer, valuation, and a working model.
Big news yesterday for $MSOS
IMO, the best way to play the industry-wide catalyst is through $MAPS given that 280e tax savings will get reinvested into marketing.
The dominant advertising platform should benefit disproportionately.
Below is my original write-up [open to all] tweet
X (formerly Twitter)
Clark Square Capital (@ClarkSquareCap) on X
Big news yesterday for $MSOS
IMO, the best way to play the industry-wide catalyst is through $MAPS given that 280e tax savings will get reinvested into marketing.
The dominant advertising platform should benefit disproportionately.
Below is my original…
IMO, the best way to play the industry-wide catalyst is through $MAPS given that 280e tax savings will get reinvested into marketing.
The dominant advertising platform should benefit disproportionately.
Below is my original…
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Clark Square Capital
Good write-up on PharmX
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Good write-up on PharmX
Wow, look at this guy, saying he's gonna do more threads then doing a substack article.
New one out. PharmX is the company. Dominant Australian pharmacy EDI for 0.7x EV/ARR.
Yes there are some catches. https://t.co/cXZnBNZPjn tweet