Is oil expensive to natural gas or is natural gas super cheap to oil? Long term average ratio is 20 today its almost 40. So nat gas has to double OR oil is about to get a major ass kicking.
Base metals like copper, titanium and nickel are super cheap compared to long term ratios to gold. Is gold expensive or are the other metals really cheap? I lean to base metals being the cheapest ever.
I agree 100% with your cynical comment re COVID and ongoing world war. I have been saying that to my friends for some time. Was not aware sulphuric acid needed for Ur processing.
I am not a metallurgist so I am not sure however, I think leaching of copper ores requires sulphuric acid however I think traditional methods of copper production produce sulphuric acid. Back a few years ago this is what caused most of the outcry's about acid drainage in tailing sites.
Coppper has done good this week....No sulphuric acid = NO Coppppper....))
We're always Interested Professor Vinny 😁... tks
We hope your right Vince .. waiting for it uncoil
"unpaid intern"...?...I will pay double that...)
Is oil expensive to natural gas or is natural gas super cheap to oil? Long term average ratio is 20 today its almost 40. So nat gas has to double OR oil is about to get a major ass kicking.
Base metals like copper, titanium and nickel are super cheap compared to long term ratios to gold. Is gold expensive or are the other metals really cheap? I lean to base metals being the cheapest ever.
thanks, Vince. Good to see you.
thanks professor Vinny🔥
Thanks Vince! Great analysis as usual! :)
Raschke's ORB approach is pretty solid. I would be looking for acceptance above the current structure and a retest. https://www.tradingview.com/x/Jm2trbdc/
Another paid report stated a similar scenario.. copper moves up, silver will be brought along for the ride.
I agree 100% with your cynical comment re COVID and ongoing world war. I have been saying that to my friends for some time. Was not aware sulphuric acid needed for Ur processing.
Also needed for...Copper.... sulphuric acid ...??
So no - sulphuric acid = NO copper....!!
I am not a metallurgist so I am not sure however, I think leaching of copper ores requires sulphuric acid however I think traditional methods of copper production produce sulphuric acid. Back a few years ago this is what caused most of the outcry's about acid drainage in tailing sites.
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