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Bullboard - Stock Discussion Forum Thunderstruck Resources Ltd V.AWE

Alternate Symbol(s):  THURF

Thunderstruck Resources Ltd. is a Canada-based mining exploration company. The Company’s principal mineral property interest is a project located on the main island of Fiji. Its projects include Korokayiu Copper-Zinc Prospect, Liwa Gold-Silver Prospect, Rama Copper-Gold Prospect and Nakoro Zinc-Copper Prospect. The Korokayiu prospect is located on the southern part of Fiji’s largest island... see more

TSXV:AWE - Post Discussion

Thunderstruck Resources Ltd > US Debt Clock 35 Trillion
View:
Post by TonyDj on Jul 31, 2024 6:23pm

US Debt Clock 35 Trillion

With over a Trillion dollars worth of interest costs to service Debt. The Fed will have to lower interest rates eventually and that will weaken the Dollar. Gold and other commodities prices will go Higher.
https://www.visualcapitalist.com/u-s-debt-interest-payments-reach-1-trillion/
Comment by Exploration11 on Jul 31, 2024 7:35pm
Unfortunately,  Thunderstruck hasn't proven a resource ( gold) so your post is completely irrelevant to this thread.
Comment by TonyDj on Aug 01, 2024 8:51am
Thunderstruck hasn't a proven resource - not yet. The 35 Trillion dollar Debt is relevant as it will drive the Commodity Bull super cycle Higher as the Fed can no longer service the debt with over a trillion dollars worth of interest charges. The Fed will have to start the cycle of lowering interest rates this September which will weaken the US dollar driving commodity prices Higher. They are ...more