Wednesday 21st August 2019

Resource Clips


ResourceClips quotes

We’ve seen huge increases in production and consumption from OPEC countries, from the Russian autocracy, from the Venezuelan dictatorship and even from our neighbours to the south but almost all of this political pressure [targets] this liberal democracy with the highest human rights, labour and environmental standards.

posted by Greg Klein - Resource Clips
 

The Fed has allowed the biggest banks on Wall Street to essentially double the risk that devastated the system in 2008.

posted by Greg Klein - Resource Clips
 

In just a period of decades, rare earth elements have seeped deeply into the fabric of modern technology and industry and have proven exceptionally challenging to duplicate or replace.

posted by Greg Klein - Resource Clips
 

There’s carbonatite with mineralization in niobium, tantalum and phosphate open in all directions, so the results definitely call for more drilling.

posted by Greg Klein - Resource Clips
 

If China or Russia were to stop exports to the United States and its allies for a prolonged period—similar to China’s rare earths embargo in 2010—an extended supply disruption could cause significant shocks throughout U.S. and foreign critical mineral supply chains.

posted by Greg Klein - Resource Clips
 

An added benefit would be the humbling of the Ontario Securities Commission, which periodically tries to shoulder aside the other provinces and become a national regulator, and has become a capricious and pestilential tumour on the entire Canadian securities industry, such, in its stunted condition, as it is.

posted by Greg Klein - Resource Clips
 

The banking cartel lives largely off the resources companies, which feed all heavy, and most light industry, and the legal and accounting and consulting professions live off the banks and their principal clients.

posted by Greg Klein - Resource Clips
 

Canada should tie the value of its currency to a combination of the prices of gold, oil, and a consumer shopping basket in equal thirds.

posted by Greg Klein - Resource Clips
 

I’m also delighted frankly that in places like Vancouver and Los Angeles management teams that were formally in mining have moved on to substances that they’re interested in and familiar with, like cannabis. If you live in Vancouver, it’s very clear that due diligence is conducted nightly on most street corners downtown.

posted by Greg Klein - Resource Clips
 

If the Chinese decided to obviate their competitive advantage with some stupid political ploy, they would find themselves with a much smaller proportion of the global market.

posted by Greg Klein - Resource Clips