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Independence Gold Corp V.IGO

Alternate Symbol(s):  IEGCF

Independence Gold Corp. is a Canada-based mineral exploration company with holdings ranging from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. The Company's projects include 3Ts Project, Boulevard Project, and Moosehorn Project. The 3TS project is located approximately 185 kilometers (km) southwest of Prince George, British Columbia and situated 16 km southwest of Artemis Gold Inc.'s Blackwater Project. The 3TS project consists of approximately 8,840 hectares and 17 claims. The 3Ts Project is comprised of the Tsacha, Taken, Tam, Tommy, Bot and Blackwater South properties. The Boulevard project is located approximately 135 km south of Dawson City, 35 km south of the Golden Saddle Project. The Boulevard project consists of approximately 19,960 hectares and 958 claims. The Moosehorn project is located approximately 133 km southwest of Dawson City. The Moosehorn project consists of approximately 1,720 hectares and 82 claims.


TSXV:IGO - Post by User

Post by ErinBrockovichon Dec 14, 2024 7:02am
68 Views
Post# 36362231

Trump Is A Black Swan

Trump Is A Black Swan

Trump Is A Trumping Black Swan Event

From silver Santa. This is prescient. 
 

The sentiment in Precious Metals (#PMs) and #MINERS has taken another hit.
 
Inflation is rising, and unemployment is following suit. While the market seems to expect that the Federal Reserve will not cut #rates at next week's meeting, the ECB and the Swiss National Bank are already cutting theirs. Most analysts are projecting further rate cuts ahead, and Trump is openly pushing for them alongside a weaker dollar. The outlook for a #recession is also becoming increasingly clear. 
 
The Federal Reserve finds itself in a bind: hiking rates might help control #inflation but would likely tip the economy into deeper trouble with a recession on the horizon. It would also make the interest on the debt even bigger. Conversely, cutting rates would stimulate economic activity but at the cost of further inflation.
 
Trump’s policy directions will likely compound this inflation dynamic. His inclination for large-scale spending will drive deficits and the debt much higher. Import tariffs will add to inflationary pressures, as will his focus on reducing the labor supply by deporting illegal immigrants, which will push base wages higher. Additionally, his advocacy for rate cuts and a weaker dollar will continue to fuel inflation.
 
I see no fundamental changes that diminish the mid-term and long-term case for PMs. In fact, the overall environment looks better than ever for Gold and Silver. 
 
We’re stepping into a situation reminiscent of the #1970s, marked by a second wave of inflation alongside an incoming recession. 
 
#Stagflation is is an incredibly bullish scenario for PMs. Selling my Miners in such a context is not an option. I'll be right

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