Correlation Economics Backup

When surplus went to deficit in 1980, the oil price shot up 20x.

Oil demand is going to drop due to EVs.   However, supply is going to drop even faster.

The debt ceiling will be raised in July, pushing gold higher.

If all the cars were converted into EVs, the copper demand would double. 

Copper goes to $7/lb.

Gold and silver lease rates are correlated to the premiums. 

This is a nice calculator for equivalency of different metal grades. https://www.juniorminingnetwork.com/drill-hole-calculator.html Example:  https://www.juniorminingnetwork.com/drill-hole-calculator/result/DHC64402e29ca969.html