Oil supply demand in 1980

When surplus went to deficit in 1980, the oil price shot up 20x.

Oil Demand EVs

Oil demand is going to drop due to EVs.

 

However, supply is going to drop even faster.

Debt ceiling to push gold higher

The debt ceiling will be raised in July, pushing gold higher.

Copper in EVs to double demand

If all the cars were converted into EVs, the copper demand would double. 

Goldman Sachs Targets $7/lb Copper

Copper goes to $7/lb.

Gold and Silver lease rates Vs. Premiums

Gold and silver lease rates are correlated to the premiums. 

Equivalent grade calculator

This is a nice calculator for equivalency of different metal grades.

https://www.juniorminingnetwork.com/drill-hole-calculator.html

Example: https://www.juniorminingnetwork.com/drill-hole-calculator/result/DHC64402e29ca969.html

 

Oil demand

Oil demand is rising.

Update 16-May-2023

Gold forecaster index: Banking crisis triggers gold mania

 

OPEC oil cut: Insanely bullish

Amrita calls this: "Insanely Bullish!". 

COFER Update

The USD is losing reserve currency status as allocations drop to 58%. 

Uranium supply and demand

When deficits rise, the uranium price goes up.

Gold mine production

Gold production is falling, which is bullish gold.