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Bullboard - Stock Discussion Forum American Creek Resources Ltd ACKRF


Primary Symbol: V.AMK

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is... see more

TSXV:AMK - Post Discussion

American Creek Resources Ltd > When the Fed speaks-trained seals respond - for now.
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Post by FastTrade on Dec 16, 2023 3:14am

When the Fed speaks-trained seals respond - for now.

To dissect the take on reasoning by the Fed for lowering interest rates in the Spring of 2024 a bit further, never-mind the latest Fed flip-flop talking out of both sides of their mouths which they are good at and have put out there to stem the latest market enthusiasm somewhat. Just more Fed-speak and the kind of nonsense without real substance they employ to steer the markets their way. The other issue in supporting the Dems being a must for re-election aside from propping up the economy and avoiding a recession comes into play with the banks. - Bailing out the Banks - becomes yet again the central issue in March 2024 1 year after the March 2023 bank crisis fix.
With the deadline for repayment by those banks coming due which they will fail to (a no brainer from the start in March of 2023) will the Fed let the government take the black eye in the 2024 election year by letting the banks fail, this/the next time around?. Not in an election year they won't and the Fed is not about to bite the hand that feeds at any rate.
Interest rates and QE are being telegraphed by the Fed now regardless of the current flip flop Fed-speak to quell  market enthusiasm prompting the latest market confusion just 1 day ago.
The Fed will go ahead with rate cuts and QE in the Spring nevertheless it being an election year. They are going to bail out the banks again and temporarily prop up the markets and economy at least until November with sights set on getting the Dems re-elected.
To no avail is the subterfuge of better times to be artificially created by the Fed going to last. The artificial Fed fix of lowering rates and shifting back to QE won't prevail for long before inflation comes roaring back with a vengeance after the next US election.

Comment by Frankystars on Dec 16, 2023 8:33am
This post has been removed in accordance with Community Policy
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