OTCPK:KRCLF - Post by User
Comment by
NineLiveson Sep 25, 2022 9:48pm
148 Views
Post# 34985566
RE:Short the gold stocks?
RE:Short the gold stocks? Yes inflation numbers are manipulated to the extent the US doesn't publish what components they use to arrive at their low figure. Canada doesn't even include housing prices !!
18 months ago after comparing old invoices for goods purchased in a trade related company inflation was already running at 10%. After ringing alarm bells and nobody listening I gave up.
The strong USD is killing Gold, nothing else. It's a currency war going on globally with those fighting inflation through a stronger domestic coin (lowering imported goods prices) to those wanting a weaker currency so they can export more goods to revive flagging economies UK a good example of this.
You post some interesting information but could you break your statements down into paragraphs. It's a tough read in the format you post. Thanks.