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Bullboard - Stock Discussion Forum Alexco Resource Corp. T.AXU

Alexco Resource Corp is engaged in mineral exploration, and mine development and operational activities primarily in Yukon Territory, Canada. The company explores silver, lead, zinc, and gold deposits. The firm's projects include Keno Hill Silver District, Flame and Moth, Bermingham, Lucky Queen, Bellekeno, and others.

TSX:AXU - Post Discussion

Alexco Resource Corp. > Not so fun facts
View:
Post by mattbigham on Jan 31, 2022 1:29pm

Not so fun facts

Annual US Supply Money Growth:
M1- 109%  Y/O/Y
https://www.shadowstats.com/alternate_data/money-supply-charts

Consumer Inflation:
16% Y/O/Y Shadowstats Inflation/ CPI
Shadowstats chart shows CPI now higher than runaway inflation of 1980 levels when silver hit $50.35 on Jan.18,1980 (Comex intraday high)
https://www.shadowstats.com/alternate_data/inflation-charts

What is the highest inflation rate in U.S. history?
Since the introduction of the CPI in 1913, the highest rate of annual inflation in the U.S. was 17.8% in 1917.

US Debt in 1980: $907 Billion
US Debt today:  $29.9 Trillion

Silver HIGH in 1980 USD: $ 50.35
Silver TODAY in 2022 USD: $ 22.39
Comment by baranja on Jan 31, 2022 2:34pm
Remember,.. in 1980, we were not so indebted. Average morgage was much smaller and debt not so so big,.. so whey were able to rip the interest rates to 20%.. Nowdays,  Turdeau put us in such a debt that every 1% increase would mean catastorphy.  They are bluffing with those interest rate increases. We are heading in to hyperinflaiton
Comment by baranja on Jan 31, 2022 2:39pm
I think Core Inflationn numbers were introduced with Clintons to hide true inflation numbers. There were no "Core" in Inflation numbers before. True inflation numbers are massive.
Comment by touareg on Feb 01, 2022 3:18am
I believe there are times in history when PM stock prices were at extreme lows relative to the price of the metals. I am sure this happened not so long before silver went to $50 in 1980. I believe that right now we have this exact situation again and in relative terms it is the most extreme in history.. in other words relative to the price of silver, silver stocks are at all time lows. This is, of ...more  
Comment by jimdines1234567 on Feb 01, 2022 2:17pm
"The waiting is the hardest part"
Comment by touareg on Feb 02, 2022 10:50am
Yeah i know what you mean jimdines.. even worse when you sell right before a big move.. I know I've done it a few times.. just when it seems like it will never happen.. then boom right after you sell.... When ever I have mentioned this guy before I get laughed at.. Mahendra Sharma the guy who uses astrology to predict the stock market.. I have actually observed his performance over many years ...more  
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