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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 > Inflation Gonna Run Hot
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Post by ErinBrockovich on Sep 10, 2024 8:08pm

Inflation Gonna Run Hot

Gold and silver will outperform. I said this a year ago already - inflation is sticky. Especially as rates come down. Fed is trapped. 


https://www.myrmikan.com/pub/Myrmikan_Research_2024_09_10.pdf
 

#silversqueeze
#inflationrunshot

Comment by Malpeque2 on Sep 12, 2024 11:30am
Fed is not "trapped" really.     When the SH&T hits the fan the legislative  and the executive branch can act and actually reduce spending in real dollars.   Cutting the debt/deficit and reducing inflation pressures in the log run.   
Comment by Dale327845 on Sep 19, 2024 7:04pm
Sure they could reduce military spending - opps never gonna happen.  They could stop funding education, health care, pensions, and everything else.  The fact is that The US Federal Gov takes in $5 trillion a year in total receipts.  Fact is that the US Feds spend around $7 trillion a year.  Doesn't matter who is in power, but the Repubs do spend more, and tax less. 
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