K92 Mining Inc T.KNT

Shorts Gonna Go Long

[ErinBrockovich]

On KNT. Gold closing in on higher highs. 2372. Wow.

[cyber37]

Even though KNT share price may be taking some brakes – here & there, longer term price of gold & KNT stock looks stronger. Jamie Dimon, the head of JPMorgan Chase, one of the world's biggest banks has warned US interest rates could climb to 8%. He said his bank has prepared for interest rates to jump because of "persistent inflationary pressures". G37

[ElJ]

I agree Cyber37,  when you indicate your perspective that "longer term price of gold & KNT stock looks stronger"   However, correct me if I am wrong, but your follow-on outline relating to readiness for an interest rate jump.... would  be generally negative for gold !! Peace, Good Decision-making to All, ElJ 

[cyber37]

While true that gold provides alternative to interest rates (high interests – low gold price & the opposite) I think gold has reached high enough price already for this traditional relation not to apply anymore. I’m not a banker or anything like that so chances are very good that my opinion means very little but I also find it silly when some ‘serious’ analysts were/are predicting $5000/oz