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<p>[QUOTE="InfleXion, post: 1728301, member: 29012"]Fair points about the actual ratios NorthKorea. Although the ratios don't have to be identical for there to be similarities. </p><p><br /></p><p>25:1 is still far too high for the GSR. It should be 7:1 which is the current mining extraction ratio <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>I still disagree that copper should drop, though it likely would if the economy doesn't pick up. It is an element like gold and silver. As money supply expands all goods and services <i>should</i> rise in price. Naturally goods that can be easily produced will probably not rise as much as those which cannot be produced. It's all relative really. Yes there is a lot of copper but it's also extremely cheap. I'm not saying it will reach bullion status or become semi-precious, but since it can't be created it should still absorb the monetary saturation.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1728301, member: 29012"]Fair points about the actual ratios NorthKorea. Although the ratios don't have to be identical for there to be similarities. 25:1 is still far too high for the GSR. It should be 7:1 which is the current mining extraction ratio ;) I still disagree that copper should drop, though it likely would if the economy doesn't pick up. It is an element like gold and silver. As money supply expands all goods and services [i]should[/i] rise in price. Naturally goods that can be easily produced will probably not rise as much as those which cannot be produced. It's all relative really. Yes there is a lot of copper but it's also extremely cheap. I'm not saying it will reach bullion status or become semi-precious, but since it can't be created it should still absorb the monetary saturation.[/QUOTE]
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