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.
Non-Tech : The Woodshed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bull_dozer who wrote (60434)2/12/2022 7:52:41 PM
From: bull_dozer2 Recommendations

Recommended By
Andrew
benwood

  Read Replies (2) of 60903
 
Mining stocks: dig deep for good dividends

Last year saw something of a row between central bankers, who absolutely insisted that any inflation you could see around was entirely transitory (and would be gone in a matter of months) and the rest of us who weren’t so sure.
Today, consumer prices in the US are rising at 7.5 per cent, the fastest since 1982. In the UK the figure is 5.4 per cent.
That’s frighteningly high. Given how hard it is to imagine central bankers being able to do much about global supply problems, it’s also clearly not very short term. It’s beginning to have an all-too-obvious effect, not just on living costs but on investment portfolios as well.
That’s unlikely to end soon. The market has long preferred fun tech stories and has discouraged oil and gas companies and miners from investing in exploration and production. So they haven’t.
Now we find ourselves in something of a supply crunch: we need more energy, more copper, more lithium and more steel — but none of these things are readily available.
So energy prices are high and rising, as are metals prices. Food prices will soon follow (they are linked to energy prices via fertiliser prices but with a delay due to long-term supermarket contracts with providers).

..
..

If there is any part of the argument around market performance that is settled at all it is surely that over the very long-term gold is one thing you can rely on to hold its value. Best to have some.

ft.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext