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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 30, 2022 12:15pm
231 Views
Post# 35197145

An inflation tsunami is building

An inflation tsunami is building
A tsunami is one way to describe the inflation condition as it exists now.
With inflation receding, its likened currently to the water at the shoreline receding in the wake of an impending tidal wave/ tsunami about to come in and inundate everything.

In the first 3 and a half months of 2023 everything will move sideways / forward and backward , gold, interest rates, inflation etc ...just noise in the markets as well.
Then with 2 qtrs of negative GDP (most likely) the 4rth of 22 and the1st of 23, we will see the Fed doing a pivot near May, introducing more QE again in the summer to prop up a struggling/dying economy.
Monthly CPI will likely and steadiy increase through each summer month.
After labour day with the dollar tanking as a result of more QE taking its toll , retail masses bursting at the seams, will have come to the conclusion the Fed has lost and abandoned the inflation battle and will pour into gold buying en-masse, And an initial gold breakout will commence.
Shortly thereafter , a major will buy out Tudor gold.

Can any of the above be said with any certainty?

Not if your under the spell of mainstream economic punditry that currently is under the false belief the Fed is beating inflation and will likely orchestrate a soft landing or short mild recession.
Most investors are currently hypnotized by and to these erroneous beliefs engineered by the Fed.
Even with current receding monthly CPI stats, they are just that rigged to appear that inflation is getting under control.
The Fed can't beat inflation without taking out the economy raising interest rates trying.
Its a no brainer the Fed will lose the battle in that government spending is out of control these last 2 years plus ten. With that, trillions of dollars in government spending is creating massive deficits that lead off to the Fed having to monetize federal debt it can't keep up with having to buy.
Without low interest rates , the US treasury can't sell enough bonds to keep pace with the borrowing and spending. The more government spends, the more bonds have to be issued and sold. Without buyers because interest rates have gotten too high, the Fed will be pivoting into a bad recession, lowering interest rates opting out for QE spending.
Lowered interest rates that is, until the dollar completely implodes due to unprecedented QE spending to come .
After that particular point , with a lowered dollar and all, a collapsing bond market will demand higher rates and ensueing real hyperinflation will eventually be the result going into an inflationary depression that will continue to fuel gold to ever more unprecedented new heights.
Then it truly will be game on fot gold with no looking back.
Nevertheless, expect an initial breakout to the upside in the price of gold around September 2023, and then a hyperinflationary depression later into 2024 and 2025.

Government doesn't see it. They have created it and will only make it worse to the peril of those not holding gold.
You are advised to get as much as you can well before the worst of these economic conditions unfold.
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