• 29 Posts
  • 28 Comments
Joined 3 months ago
Cake day: July 17th, 2026
  • Albercik@szmer.infoOPtoFinance@beehaw.org•Copper prices could reach $22,050 per ton by mid-2027
    1·
    25 days ago

    If your best response is an ad hominem, I see no reason to explain my position. $5,000 was obviously hyperbole. Buy as many copper futures as you like, and enjoy feeling superior.

    Your bio says you ‘read news so we don’t have to.’ This exchange perfectly proves why just reading headlines isn’t the same as understanding structural macroeconomics.

    When asked to back up a massive $5,000 copper call, you tucked your tail, called it a ‘hyperbole,’ and hid behind ‘ad hominem’ defense. In commodity markets, millions are moved by capex cycles, supply deficits, and balance sheets—not by freelance opinions and passive-aggressive exits. Don’t blame the audience for holding a journalist to professional standards.

    To the readers: when a commentator dismisses global structural changes as a ‘coin flip’ and cannot defend their own math, they aren’t giving you an educated critique. They are just proving that reading the news doesn’t mean you know how to analyze it.

  • Albercik@szmer.infoOPtoFinance@beehaw.org•Copper prices could reach $22,050 per ton by mid-2027
    1·
    26 days ago

    We could have any number of things in 2027. I dislike heds like this, especially in the context of investing. It could also be $50,000 or $5,000. Commodities are gambling, not investing, unless you have insider data.

    For someone carrying a ‘freelance journalist’ tag, dismissing macroeconomics as mere ‘gambling’ is an embarrassingly lazy take. You don’t need ‘insider data’ when global economic blueprints, multi-decade green transition policies, and nuclear power projects consuming millions of tons of copper are literally public record. This is publicly accessible data every housewife can analyze if she possesses basic arithmetic skills. Failing to analyze basic supply deficits and capex cycles isn’t a market problem—it’s a journalism problem. You threw out a wild $5,000 figure yet failed to provide even a single fundamental scenario in which it actually falls that low, proving you’d rather hunt for cheap clickbait than read a balance sheet. Calling a structural commodity market change which is driven by supply/demand mechanisms a coin flip is just a classic coping mechanism when you mistake your laziness for having an educated opinion.

  • Albercik@szmer.infoOPtoTechnology@lemmy.world•"When the AI bubble bursts, silver is Eric Sprott's play" Billionaires position themselves for bubble burst. He's not only one positioning into natural resources. Buffet did it in 2019 by Sogo Shosha.English
    33·
    3 months ago

    The Relationship Between Sogo Shosha and Mining

    Sogo shosha (Japanese general trading companies) play a critical role in the global mining sector. Instead of just buying and selling commodities, they act as major global investors, project developers, and supply chain managers for raw materials. Their relationship with mining is driven by three main strategies:

    Securing Resource Security: Japan lacks natural resources. Companies like Mitsubishi, Mitsui, and Itochu invest heavily in overseas mining projects (e.g., in Australia, South America, and Africa) to guarantee a stable supply of coal, iron ore, copper, and rare earths for Japanese industries.

    Shift from Trading to Equity Ownership: Historically, sogo shosha were just middlemen. Today, they hold direct equity stakes in major mines worldwide, often partnering with mining giants like BHP or Rio Tinto. They earn massive profits from dividend income when commodity prices rise.

    Green Energy Transition: Recently, sogo shosha have shifted their mining investments away from thermal coal. They are now aggressively investing in “critical minerals” like lithium, nickel, and copper, which are essential for electric vehicles (EVs) and renewable energy technologies.