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Bullboard - Stock Discussion Forum American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is... see more

TSXV:AMK - Post Discussion

American Creek Resources Ltd > Behind the Negative
View:
Post by skadimarikar on Feb 16, 2021 2:49pm

Behind the Negative

Sponsored Post:
 
With a possible good amount of fear, uncertainty, the Federal Reserve’s balance sheet expansion, and understated inflation, gold could be setting up for another breakout.
 
Every time one of the banks cuts a nation’s interest rate or fuels the country’s private banks with stimulus, they are said to be citing a weak economy, lack of liquidity, and poor inflation. However, most people don’t know that while central planners are toying with the global economy, they’re also getting gold in mass quantity. It could be a win-win situation. They are not just aware.
 
Check the disclaimer on profile and landing page. 
Comment by fairdinkem on Feb 16, 2021 3:43pm
Well "I" love the ups and "hate" the downs.  My reading this A.M. on kitco had post by BofA that they are still on for 2000usd per ounce 2021.  So it points to a YES that they are anchoring purchases in GOLD as other Banks are doing.  Obviously there is more substance to underpin stimulation in GOLD accumulation for Banks, not sure that "i" know what it ...more  
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