Birchcliff Energy Ltd T.BIR

Birchcliff Stock Price

[kavern23]

So why is Birchcliff stock price not lower?

Well I think instutions are backing stock price and I think Birchcliff overvaluedness is partly for same reason...commerical real estate is way high...bitcoin is 51k...and artificial intelligence caused crazy stock boom in USA major indexes.....things are broken still due to money supply increase by major economies during covid.

Instutitions don't want to hold 'cash" right now. They want to be in hard assets or assets other than cash.

The USA M2 Money supply was 15 trillion on Dec 2019 before Covid...hit a high of 21.7 trillion march 2022 and is currently 20.87 trillion...they havent really normalized it yet.

This money supply increase is the grease to keep all these assets so high.

[kavern23]

The USA fed has more than interest rates as a tool. The Fed can sell securties to decrease money supply...it decreases the cash financial instutions have but they seem afraid of this. I think regional USA banking crisis earlier showed Fed things will snap doing this. So money supply isnt going down fast and Fed instead is using interest rates as more of an inflation killing tool but this is

[kavern23]

Coels notes of what I am saying is Fed policy is helping wall street, elites and rich.... but destroying middle class. Fed protected funds and wall street and ensured a frothy stock market while turning back on consumer trying to buy a home.

[houbahop]

Yep, there is still a lot of money created during covid that needs to be destroyed, $3500 billion to be more precise: https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm