"The research firm said U.S. manufacturing Purchasing Managers Index for January rose to a reading of 59.1 up from December’s reading of 57.1 Consensus forecasts were calling for a reading around 56.6. The report said that this was the highest reading on record."

kitco.com

Are these people deluded or am I? Oil prices are up nearly sixty percent since the election and headed higher. This alone is bad for jobs and discretionary spending. And US minerals production will be going down under the new administration just as copper will be in short supply. Not only will new mining suffer here, but look at this stunning news from Australia.

miningweekly.com

These factors suggest that copper prices will be pushing higher soon, but without benefit to the US and Australia, meaning that the cost of everything here will be going up by some measure (exclusive of other mounting inflationary pressures).

VP in AZ