@sidprabhu Hey, really appreciate your posts. Question for you. The long term trend on interest rates is crazy to me. Do you think the plan is to run negative real rates long enough that they can normalize things or do we just follow the trend line into negative nominal rates? Thanks!
@Darky999 Thanks for putting this together. I’ve liked all of these assets but didn’t have the framework figured out of how they are all linked. Appreciate it!
@cullenroche@MayankSeksaria@josephwang Curious for thoughts on why some say QE drives up asset prices. Could it be that even though the net change in Balance Sheet is zero a t-bond and a deposit are categorized differently which then allows the non-bank to purchase assets they otherwise wouldn't be able to?
@coloradotravis https://t.co/jRmhaTEa8g
Enjoy your posts and I’ve been following this, as suggested. Do you mind giving your take? Seems like a bit of a crackdown on this type of activity.
@mike_of_oz@real_vijay Yes, I think it can. Really, the reason I learned what I have about bitcoin. My opinion is that bitcoin is still early and not impacting exploration or mining output other than what it has trimmed off the gold price which feeds into the cycle you referenced.
@mike_of_oz@real_vijay I think exploration spend tracks more with the price of gold. More drill rigs mobilized when price is up and companies have free cash flow. Which is why you see peak exploration spend in 2011 and 2012. New deposits are deeper and lower grade.
@nvminingco@JasmineVazin We post reclamation bonds and go through rigorous permitting and environmental inspections. A gross tax would shut down many mines and hurt rural Nevada residents.
@Donna_West A move to a gross tax is incredibly harmful to all mining in Nevada and the 1000’s of families and rural towns it supports. It will directly result in the closure of smaller mines and layoffs across northern Nevada. An increase in the existing net proceeds makes much more sense