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King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

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.


OTCPK:KRCLF - Post by User

Comment by MaterialsManon Apr 02, 2023 1:05pm
108 Views
Post# 35374702

RE:RE:RE:RE:RE:RE:RE:It may have begun

RE:RE:RE:RE:RE:RE:RE:It may have begunSaw a stat today that reminded me of your post. This probably sounds unbelievable and it may require a fact check. Acccording to the piece I saw, the inflation rate while we were on the gold standard never exceeded 1/10th of 1% in any given year. Sounds impossible
Fact is, I spent part of my working career during that time period. We really did not care that much about getting a raise because  nothing increased in price. At the time, one felt that to advance up the socio economic ladder was just a matter of time if you did the legwork and worked at getting an education. 
You spoke of $2700 a month child care along with endlessly higher prices with the expectation of endlessly higher pay. 
If an individual has getting a pay raise down to a science, that may work for them. Not everyone fallls into that category. Where I live, people on a fixed income are being evicted from their apartments because rents are going through the roof. Guess where they end up. Sidewalk tent cities. That's where. It seems that very difficult times are ahead no matter what. I feel that printing fiat currency ad infinatum is the biggest reason for these problems. That option would not have existed had we remained on the gold standard.
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