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Bullboard - Stock Discussion Forum K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150... see more

TSX:KNT - Post Discussion

K92 Mining Inc > I would say it is time to buy, even the FED can't disguise
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Post by themason on Apr 13, 2021 11:08am

I would say it is time to buy, even the FED can't disguise

the inflation numbers, we are ready to see inflation go hyper. We all know that inflation is running rampant except for the Fed, who try's to hide it.
Comment by mp3seeker on Apr 13, 2021 4:19pm
I very much agree, with the inflation uptick not the hyper inflation.  The shear size of stimulus will eventually bring inflation numbers that the FED can not hold down.The original stimulus shortly after covid hit was 1.8 trillion and I think that gave US citizens $1000 stimulus cheques.  Then before Trump got booted out of office (thank goodness) he otherized another 900 million.  ...more  
Comment by cyber37 on Apr 14, 2021 2:56am
Not sure where this fear of hyperinflation is coming from; there is NO basis for it at all. World is still able to gobble up all the US dollar (paper) they can print because there is NO ALTERNATIVE. Russia is too backwards and China is too self-centered so neither is able to provide an alternative to the buck. Bitcoin is a possibility but it needs to earn a good reputation first, regardless of the ...more  
Comment by ElJ on Apr 14, 2021 6:46pm
cyber37,                 I respectfully disagree when you say "Not sure where this fear of hyperinflation is coming from; there is NO basis for it at all. World is still able to gobble up all the US dollar (paper) they can print because there is NO ALTERNATIVE." 1. Inflation is not fundamentally an increase in prices, rather it is an increase in ...more  
Comment by cyber37 on Apr 15, 2021 1:24pm
Agree to all of your points; however at least in theory …‘printing’ money allows government to pay for projects that will aid in higher productivity (infrastructure, health, education & social programs). A ‘healthy & creative society’ will build wealth. I’m not American but firmly believe in that empire & even though it went through 4 years of degradation under Pumpkin man It will ...more  
Comment by oilsyd on Apr 15, 2021 8:54pm
Cyber 37, You made a good point.  We have a government because it is an efficient way to make sure that society functions for the better of all. Anarchy ( and also extremetly right wing views that all taxes are bad) ignore your important point about the role of government.  For things that everyone must have: good roads, law enforcement, education or in the Canadian and British case ...more