Elizabeth V

It took me 4 tries to get that post correct. My kingdom for an edit button!

Gold price is forecasted to hit $4900/oz in Dec 2026 🫣

www.reuters.com/business/gol...

Gold broke the $3000 an ounce barrier back in March. I’m no economist but I’m pretty sure that’s not a good sign.

Gold is over $4000 an ounce!

*Dusts off resume*

Pretty!

Spooky!

Imagine being someone who works on this stuff at the USGS (if any still exist)

Ugh

Any importantly, the “rare earth” project they fast tracked was actually a gold mine with not a single assay of rare earth minerals to make resources or reserves

Only when the assays come back really screaming and my gut feeling was right

Truth

I just attacked myself with that one

Meanwhile, it’s just people who don’t own anything other than outdoor clothes and boots and love fleece vests and can’t stop talking about “assays” and “ounces per ton” and “geophys anomalies” and their “gut feelings”. They maybe own a pan that’s probably dusty and rarely used anymore.

No idea 🤷🏻‍♀️ I think it’s just posturing. We don’t have significant deposits of the ores they want or several of the metals they have tariffed. Maybe someone is investing in exploration companies hoping to benefit?

And gonna talk about mine baby mine while coal miners are still waiting on those silica regulations y’all want to go away. What 🤡 behavior

And while we are talking mining, we never stopped mining! We never stopped exploring in the US. One of the things the USGS does is help look for new deposits (if any of them are left). And spoiler alert, a hefty number of exploration and mining companies aren’t even American companies

A reminder that you need to actually have deposits to mine ore. And if you have an ore deposit it takes years of exploration and then years of planning and permitting before you can ever start digging. Mining takes long term planning and mistakes cost $$$, no one’s gonna be rushing things.

They say this but aren’t approving things much faster 🤭

Alt text: Scoop: White House memo says furloughed federal workers aren’t entitled to back pay

You’re not wrong 🤣

How many days until it’s over $4000 an ounce? 🤯

Gold price is currently $3,982.20 🙃

Guess they decided not to?

www.mining.com/us-governmen...

I bet they heard heavy REEs and jumped in

I’d place my bets on the second option

Statistics? Never heard of her

Trump administration mulls stake in Greenland rare earth miner The Reuters report comes after Critical Metals more than doubled its interest in the Tanbreez project from 42% to 92.5%.

Looks like the US government is looking at taking an 8% stake in Critical Minerals and their Tanbreeze project in Greenland

www.mining.com/trump-admini...

I’m tired of this grandpa

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A and B if we are talking about real redwoods, but C if we are using figurative language 🤣