I think that this explosion of fiat money will create what some have been talking about for years, an economic blow-off top.  That may mark the end of this experiment in paper money, though it always makes a comeback in the very long history of fiat money - governments like it.  It borrows from current generations money that is expected to be paid back by others in the future.  But these experiments always fail.  If just so happens that ours is the longest-lived and most universal one the world has ever seen.

But before we see a blow-off top, we are quite likely to experience runaway inflation, IMO.  Long before that happens, smart money finds the bottom of a cycle and moves heavily into copper, so I have no fears about the copper market being dead, or dying.  It is getting ready for the upturn that should come sooner than most expect.  That's the history of this market. 

Look, as I drove the supermarket this morning, as I do weekly, I noted that construction projects around town are still in progress.  Professional gardeners were out working.  City vehicles were still out on the streets. 

Most people are still working, and many of them are looking at buying new homes in this low-interest-rate environment or refinancing existing ones.  Energy prices are low.  People have money, even as they are fearful beyond reason FOR THE MOMENT.  Money is almost free, and there seems to be plenty of it, albeit from the printing presses. 

Getting back to copper, many juniors and some overleveraged seniors may not survive this period in the near-term. 

But wait, did I hear that JB has access to cash, a loan or loans to be secured by a mining project if he leads it?