This Mine Predicts Major Wars. It's Opening Again
bloomberg.com
This Mine Predicts Major Wars. It's Opening Again
1–10 of 39 posts
Re: This Mine Predicts Major Wars. It's Opening Again
#2Dolphin tungsten mine in Australia.
Re: This Mine Predicts Major Wars. It's Opening Again
#3Not only is it opening up but several other large scale projects are already being considered in the USA, including one in Atolia, California that I have been privileged enough to personally visit.
Watch the markets for the metals most used in wartime. That tells you pretty quickly when conflict is near.
Re: This Mine Predicts Major Wars. It's Opening Again
#4Bloomberg's Odd Lots interivew on this with the author, "The Tungsten Market Is Warning of an Upcoming War":
* https://www.youtube.com/watch?v=5xLxM-TzBPY
* https://omny.fm/shows/odd-lots/the-tungsten-market-is-warnin...
* https://podcasts.apple.com/us/podcast/the-tungsten-market-is...
Re: This Mine Predicts Major Wars. It's Opening Again
#5A company local makes mining trucks [1].
At one event I was at I spoke with someone who was tied into the company and they said that when wars happen their business picks up because copper mining starts back up. War apparently needs a lot of copper too. I never looked into it to verify but it seemed like an interesting bit of data.
Re: This Mine Predicts Major Wars. It's Opening Again
#6Not only is it opening up but several other large scale projects are already being considered in the USA, including one in Atolia, California that I have been privileged enough to personally visit. Watch the markets for the metals most used in wartime. That tells you pretty quickly when conflict is near.
I wonder if there’s path dependence there. It _seems_ like just because you build up lots of “defence” tech that doesn’t necessarily mean you _have_ to use it? Or does it? I wonder what happened with those markets during the Cold War.
Re: This Mine Predicts Major Wars. It's Opening Again
#7Tungsten is mostly used in artillery, tank shells, it will take some time to ramp up which makes me think the timing is peculiar along with the happenings in Europe.
I see some people are saying it's a win for Australia but I'd say its a bit of a mixed bag given their dependence on China's liquidity. The major question here is are Australians willing to accept a return to the Hawke days for moral solidarity with a continent far away that barely acknowledges or trades at the level it does with Asian giants like China?
Re: This Mine Predicts Major Wars. It's Opening Again
#8If you look at antiwar.com, we seem to be in the throes of World War.
Re: This Mine Predicts Major Wars. It's Opening Again
#9Not only is it opening up but several other large scale projects are already being considered in the USA, including one in Atolia, California that I have been privileged enough to personally visit. Watch the markets for the metals most used in wartime. That tells you pretty quickly when conflict is near.
I wonder if there’s path dependence there. It _seems_ like just because you build up lots of “defence” tech that doesn’t necessarily mean you _have_ to use it? Or does it? I wonder what happened with those markets during the Cold War.
Maybe it's also for USA to rebuild supply? That is, if you believe the "US spent too many missiles in Iran" stories.
Re: This Mine Predicts Major Wars. It's Opening Again
#10Major W for Australia.