Getting The Ball Rolling! The volume of traded shares today was really a respectable amount.
Gold, silver and base metals are in an upswing, in price, now that the US dollar continues to weaken. The concensus of financial opinion is that the Federal Reserve is nearing the end of its interest rate raising cycle. But the European nations still have a long way yet to go, because their inflation rate is still much higher than ours.
Their more dramatic rate raises will most certainly add to further declines in the US dollar as fiat currency moves in their direction. Europe has lived in the negative interest rate territory for a long time but that is changing dramatically now. And the US dollar is built like a house of cards, set to fall!
Even some of their politicians now seem to be more willing to let their difficult financial situation approach their debt ceiling roof in their desire to further to promote, their own selfish agenda.
If the US government defaults on its debt, then gold will sky rocket in price.
A bat out of h*ll, could never fly, so wildly high!
North American inflation rates are on the decline, but they may take some time, to reach a more reasonable level. That's very bullish for gold!
Any overshoot of the rate increases in North America would only increase the possibilty of triggering a major recessionary event.
No significant recession may be coming at all. But perhaps the anticipation of one is enough to help keep some central bankers uncertain about making, their much higher moves?
I expect that Rockcliff shares will gather some upward momentum, over time.
Good news, could also trigger a pop in the price!
We are waiting for the commencement of a significant drilling campaign. It's results could be very encouraging to future buyers!
The real show is just getting started!
And commodity prices are rising!
All the best! java