Per Storm

Managing Director Mahvie Minerals, brownfield exploration in the Nordics. #mining, #Mofjell, #Haveri

[Råvarumarknaden.se @ravarumarknaden]

Spotpriset på guld toppade 2200 USD per uns igår, vilket är första gången någonsin. https://t.co/OwLnuU3UyW

[Göran Strand @Astrofotografen]

Crescent Moon over Åreskutan

A couple of nights ago we had a beautiful waxing crescent #Moon setting behind #Åreskutan, #Sweden.

Nikon Z9 with Nikon Z 400mm f/2.8 TC VR S

@NikonEurope #NikonCreator

[Dr. Copper🔋🌎⛏️ @CopperBullish]

#Copper - Up 13 cents to $4.06 - #LFG

[Graddhy - Commodities TA+Cycles @graddhybpc]

$GOLD vs $SPX
That is a pretty important backtest for markets in many ways. Since big inflation usually starts with commodities, it shows that a 2nd inflationary wave is coming. The chart also shows a historical sector rotation is incoming.
Fantastic chart really. #getready

[Northstar @NorthstarCharts]

When the #DowJones breaks down versus #Gold, capital rotation takes over and a bull era is born

[Marin Katusa @MarinKatusa]

Gold Just Hit $2190
But, are Gold Companies More Profitable?

AISC Margins, on average have been an improving trend for miners. AISC=All In Sustaining Costs (that's the metric that matters for investors)
Value Investors will take notice

[Graddhy - Commodities TA+Cycles @graddhybpc]

$GOLD is breaking out on daily, weekly, monthly and quarterly.

The margin expansion on some quality optionality plays among the miner companies, is going to be more than astronomical.

So it begins. Get ready. Get proper guidance.

And, always know the very big picture. #joinus

[Marin Katusa @MarinKatusa]

Gold Stocks are Cheap… For Now...
This is very rare. For 60 years--Gold stocks have traded at 2-3X premium to base metal miners--Not today.
The world’s largest gold companies are trading below Net Asset Value, while those in the “mid-tier” space are trading for as low as 50 cents on the dollar.

[Robert Friedland @robert_ivanhoe]

UBS has tossed its hat into the #copper ring with a bullish report, saying a "#copper supply crunch is unavoidable", with price forecast upgrades to $4.50/lb next year and $4.75/lb in 2026. The change of position was described as the bank "pivoting" towards a more constructive view on #copper since the middle of last year: "We know the market is closer to a fundamental inflection point."

"Bottom-up developments have been universally positive with material downgrades to 2024 mine production guidance pointing to limited supply growth," UBS said. "Following material cuts to mine supply, we forecast a #copper deficit in 2024 and a lack of new project approvals increases the probability of a protracted period of deficits."

[fred hickey @htsfhickey]

First Druckenmiller, now Paul Singer's Elliott - the smart money's getting in (near the bottom). "The mandate is to buy across all assets, including base metals and precious metals in addition to commodities in demand for electric vehicle production."
https://t.co/xXKIwRHOzF

[Robert Friedland @robert_ivanhoe]

LME #copper stocks continue to drop notably from a peak of ~190kt in October. Down another 32kt month-on-month to ~125kt. Plus, another 22kt awaiting load-out on cancelled warrant. As noted previously, stocks usually rise as China slows down for Chinese New Year.

[Robert Friedland @robert_ivanhoe]

Bullish #copper

[Paola Rojas 🐝 @paola_rojas]

Warren Buffett is bullish on #copper.

Here's why:

https://t.co/FjHHNFY64V

[Per Storm @storm_per]

Mahvie Minerals presenterar en väsentligt större mineraltillgångar än förväntat. https://t.co/9NOvMSVobB

[SGU @sguSverige]

Under Future Mine & Minerals första dag talade också energi- och näringsminister Ebba Busch. Hon lyfte bland annat fram den kommande mineralstrategin och de stora satsningar som regeringen gör på @sguSverige vad gäller kartläggning av malmpotentiella områden.

[Robert Friedland @robert_ivanhoe]

More on #copper from Goldman Sachs:

[Dr. Copper🔋🌎⛏️ @CopperBullish]

#Copper -Goldman Sachs continues to highlight the tightness in the global copper market
"The copper market this year is set to be in its tightest state since 2021, with an anticipated 428kt deficit set against just 260kt of current visible stock," Goldman
https://t.co/cN8V05HHf9

[Robert Friedland @robert_ivanhoe]

Goldman Sachs on #copper:

[Per Storm @storm_per]

Mahvie Minerals deltar på Future Mines and Minerals 29 till 30 januari. https://t.co/M3UNmkogmn

[Dr. Copper🔋🌎⛏️ @CopperBullish]

#Copper - Copper could skyrocket over 75% to record highs by 2025 — brace for deficits, analysts say
https://t.co/w4X87G0eJB #Mining