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

Metals & Mining Industrial Metals & Minerals

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.

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Alexco Resource Corp. > New U.S. economic numbers show inflation hasn't peaked !

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Post by Looking4Doubles on Jun 10, 2022 11:49am

New U.S. economic numbers show inflation hasn't peaked !

While economists expected a year over year CPI of 8.3% (which is huge) what they got was 8.6% ! Add to that the global TRILLIONS in debt and you have a 5 alarm fire.

I also heard the first signs of a debt bomb this AM as well, as a business analyst wondered if Greece's and Italy's debt would soon blow up as European rates are climbing. I strongly believe a hard landing is coming in the general markets and it may occur this Summer or Fall.

Precious metals may be treading water right now, but it's just a matter of time before people realize that REAL assets (like gold and silver) will be in HIGH demand before this stagflation/deflation cycle is over. All we need is for production to ramp up in order to print money. (ie No debt)

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