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Gold Telegraph: Endless Debt and Finite Minerals

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TerraZetzz
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Gold Telegraph 
@GoldTelegraph

First principles start with the periodic table, yet the concept is more frequently linked to technologists than to mining CEOs. Ironic, no? Without these minerals, technology wouldn’t exist.

Numerous world-class mineral resources trade for pennies on the dollar, while something like Fartcoin boasts a $1.1 billion market cap.

This will change.

Be cautious… many junior mining companies only burn cash without making any progress. Know what you own.

Trade wars… Approaching.

The world’s fourth-largest asset manager, overseeing $4.73 trillion in assets, predicts that gold prices could surge to $3,100 an ounce this year. Last year, Gold had its best year in US dollar terms in 14 years.

Janet Yellen said today that C---d stimulus may have contributed to inflation. Remarkable. This is the United States Treasury Secretary.

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During my conversation with the brilliant @judyshel, she shared an incredible story about Treasury Secretary Janet Yellen:

In a July 1996 Federal Reserve meeting, Janet Yellen argued for a 2% inflation target, citing a Keynesian perspective tied to “money illusion.”

She explained that giving workers a nominal 1% raise during 2% inflation effectively cuts real wages without them noticing.

This perspective was met with laughter around the table.

Something to remember, today she acknowledged that Biden-era stimulus spending may have played a role in the United States’ inflation challenges.

Full conversation here:

Indonesia’s nickel move could cut global supply by 35%, according to Macquarie. This is why I was pounding the table on this in late 2024. This is quite significant. Minerals…

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Regardless of all the distractions in the world… The world still faces a massive issue. $312 trillion of global debt. Endless amounts of debt. Only a finite amount of minerals shape our planet.

Source(s):
https://x.com/GoldTelegraph_/status/1876863017322688994
https://x.com/GoldTelegraph_/status/1877086069012750529
https://x.com/GoldTelegraph_/status/1877089707852460154
https://x.com/GoldTelegraph_/status/1877132139113717829
https://x.com/GoldTelegraph_/status/1877186138303054158
https://x.com/GoldTelegraph_/status/1877231696946385298
https://x.com/GoldTelegraph_/status/1877368437099352558
https://x.com/GoldTelegraph_/status/1877579442618270015

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