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 10:07am

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Post# 34970996

RE:RE:RE:Has gold now become disconnected from inflation?

Is that sarcasm ??
Gold rises when the USD is cheap against other currencies and inflation is low.
Everything has gone up since 1970, Gold no exception.
you could buy a house back then for $10,000.
The $40 is only $300 in todays money because central banks kept rates artificially low for almost 40% of that 50 year period.

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