King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Gold

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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King River Resources Ltd > Has gold now become disconnected from inflation?

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Comment by NineLiveson Sep 19, 2022 8:26am

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Post# 34970743

RE:Has gold now become disconnected from inflation?

Why would anyone think Gold is an inflation hedge ??
Gold was delinked from the USD 50 years ago so 50 years is not really a suitable time frame to tell if Gold follows inflation trends.
A strong USD will sink Gold, always has.
Wait for weakness in the USD before buying Gold.

But this lower POG shouldn't effect miners too much. $1,670 Gold is still very profitable for many.

Basel III will have more of a positive impact on the POG than inflation

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