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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

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 situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.


TSXV:AMK - Post by User

Post by FastTradeon Dec 24, 2023 7:16am
235 Views
Post# 35799574

Some may be wondering

Some may be wondering
if the last 4 QE's didn't convince the masses to go all in on gold, how will the next round (QE5) work to convince them to pile in like never before.
They have had that effect albet to a limited extent in broad terms of what's to come of creating inflation, especially QE4 as it and the others are still working through the system.
The Government and Fed have been hard at work over the years to derail it without ever fixing it, rigging and re-rigging the numbers to suit their agenda to show lower inflation and a higher GDP than what actually exists.
As such, allowing for a great deal of spending and borrowing - with the Fed monetizing a large proportion of the un-bought debt leading to a now ballooning national debt of 34 trillion dollars US and counting. Add on an additional 4 trillion and climbing per year from now on.
What's so different now is the debt to GDP ratio is becoming unmanagable at current interest rate levels calling for the Fed to lower them to better service the massive growing deficits and debt that has reached never before seen unsustainable levels.

In light of this, its not a case of the Fed pausing and then planning rate cuts over a vibrant economy and gradually abating inflation numbers.

Forget all the booming economy/economic nonsense being bandied about at the consumer level, re: jobs, savings, robust spending and all of it for the most part that is purely made up government bs. Double-Speak that is, to obscure insideous debt creation and the unsurpassed credit spending by the average consumer struggling to make ends meet that is slowly choking off 80 percent of the populations ability to financially cope. The mainstream narrative of a healthy economy isn't real. Its all there within a created, rigged and made up government agenda that's been handed down to mainstream economists to run with.

Foreign buyers of US debt aren't happy with the prospect of lower interest either and are shunning the bond markets and are selling US treasuries before the dollar goes lower. All in all, these are factors that are going to accelerate the drop in the dollar's value over time lowering confidence in the dollar on a global scale. Numerous countries switching out of US dollars currently to do trade amongst themselves in their own currencies aren't helping to support the buck as well.
This is going to lead to QE5 having a much greater effect on inflation and on the bond market currently not experiencing it yet than all QE's gone before.
All that money sloshing around from former QE's is still out there pushing real inflation. Suppressed as it is only via manipulation, it is going to break apart rendering many regressive government skewed tailor made facts inneffective in the not too distant future.
What is the Fed going to do when that happens. They are going to officially surrender to inflation and opt out for more rounds of QE to keep the markets and economy propped up in the 2024 election year.
An unfolding QE5 will face unprecedented headwinds that didn't exist before. All this accumulated debt and rampant debt spending to come, is set to change everything with foreboding consequences and uncertainties nationally and globally that lay dead ahead.
One thing with QE5 - the Fed won't be able to sidestep it if they want to keep this artificial gasbag of a market and economy going,  one the government and the fed created in concert over the years to begin with - and not give the Dems in this election year a black eye.
It is sure to come and will this time around, blow the Fed inflation facade wide open which has been nothing but a bogus manipulated con job from the beggining. With QE5 the chickens will come home to roost . The Fed will lose face with mainstream investors and gold will break open with new unprecedented highs following hard on its heels.

Watch for it!
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