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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

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Post by Rockit2 on Oct 25, 2022 4:11pm

$$$ ;

I'm sorry , if the US keeps RAISING the interest rates !
Comment by Stockmoves1 on Oct 25, 2022 4:20pm
Assuming interest rates stay high you raise perhaps a valid argument. I definately do not have all my eggs in one basket but given the argumant you give albeit not entirely wrong we would not have any Gold mines in operation because the cost to running most anyone of them would be too high. so then one has to beg the question is there long term value in Gold or not??  when I say i will be all ...more  
Comment by fordster on Oct 26, 2022 4:38pm
But look at 1980 when interest rates were 18% or higher and gold soared. It's the impression of rate hikes to no avail for not being able to control the economy, that acts as a super catalyst for gold. We might be closer to this situation than we realize as there's no human solution at this point to fix our economy. JMHO
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