Tonight we re-run our March 2022 piece debunking Hinderaker’s lies — on strategic minerals (on the world stage). We do so, because he is again retreading his same lies from 2022. [But we add an update at the bottom. Enjoy.]
Hinderaker gets his “C’s” confused again.
He says that price of copper — used for wind turbine battery storage and solar electric panel batteries — will skyrocket because of the Build Back Better bill of 2022… which is just a stupid, stupid lie.
Damn, son. We told you before… China is a different country — than Chile. And different than… Russia. We were and are friendly with Chile — not so much the other two.
That is all.
Silly old codger.
Updated: 12.31.2025 — now he preposterously suggests Trump is “bringing back” US copper production. False. Utterly… false.
The copper ore deposits remaining in the US may be lifted from the Earth, but they cannot be smelted / refined economically, here. That is a fact; true since when I last worked in hard rock mines. You could look it up.
Chile’s low labor rates and vast smelters give it a clear comparative advantage, coupled to its staggeringly large ore bodies.
So — we may far more advantageously buy from Chile (so long as Trump doesn’t bomb the Chileans). BTW — note the orders of magnitude Chile offers, at above right, over China.
Hinderaker isn’t a plausible liar in any sense.
That is all.
Yep — he is STILL full of sh!t.
Out.