Bullboard - Stock Discussion Forum Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project... see more

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TSX:NVO - Post Discussion

Novo Resources Corp > The Fed and Inflation

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Post by ValuePro on Jan 12, 2022 7:50am

The Fed and Inflation

Chairman Powell admits, “Inflation is running very far above target”

kitco.com

The CPI report should be out today.

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Comment by ValuePro on Jan 12, 2022 9:08am

December CPI hits SEVEN percent, nearly a three precent rise from November. sharecast.com This is consistent with earlier reports showing inflation running 2-3 percent PER MONTH! The Fed is stuck and can't do anything meaningful at this time.

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