We have the minerals. The answer is to build not only more mines, but more transportation and processing infrastructure. We need such infrastructure to connect to future mines, not to ports to export the concentrate, but to smelters and refineries that can process it domestically.
Only then will we be safe from the weaponization of mineral exports countries like China have employed as leverage in trade wars.
In sum, Gold is at a critical price area to hold toward regaining “The Floor” of 4000, which inevitably shall happen given Fair Value is up at 4116, (barring the Fed impossibly going on a money supply shrinkage binge).
Physical gold and silver stored securely can be accessed anytime without power, internet, or anyone’s permission. No server outage can stop you from reaching a coin in your own safe. Gold is an element protected by the laws of physics — its density, its weight, its atomic number cannot be faked or hacked. Digital assets, by contrast, are only as safe as the software and the humans running it. I will trust the laws of physics over code every single time.
Technical stock chart updates on $GDX, $NEM, $HL, $TSLA, $UCO and more.
AI has been the dying economy’s saving grace—not just the stock market’s. It has covered over a multitude of other weaknesses. This week’s reported quarterly rise in GDP was almost wholly attributed to vast AI construction all over the country, which has been making up for the huge downturn..
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