SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SG who wrote (64214)6/14/2010 8:14:38 PM
From: Snowshoe1 Recommendation  Read Replies (2) of 217931
 
>>USGS Report: U.S. Increasingly Dependent on Foreign Sources of Minerals<<

Yes, we buy stuff on global markets. That's probably at least 100 times cheaper than getting it by war and conquest. Do you seriously think we can get a better deal on copper by spending umpteen billion$ to invade Afghanistan? If so please show us your cost/benefit analysis supporting war vs. simply buying the stuff from Peru, Chile, Indonesia, etc.

Keep in mind that one of the reasons for increased US dependence on foreign minerals is that these sources are often cheaper because of lax pollution regulations. Alaska has one of the world's largest copper deposits in the proposed Pebble Mine, but it could be delayed or blocked for environmental reasons.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News