Condor Resources Inc V.CN

Omicron

[Crashcomingsoon]

Gold showed it's true colors on Friday as it spiked higher on the news of the Omicron variant while the crytocurrencies lost 7%.  Gold closed slightly higher on the day.  I find it interesting that Goldman Sachs is now an expert on this variant and says "we do not think that the new variant is sufficient reason to make major portfolio changes."  I think that means it is time to panic.  The Fed is in a bind.  Inflation is increasing and they need to taper to try to bring inflation down, but if there are more lockdowns due to Omicron, then the Fed will not be able to taper for fear of slowing the economy even more.  Lockdowns will adversely affect the supply chain disruptions and add to inflation.  The global bubbles cannot be sustained indefinitely and the Fed has to worry about about the possibility of falling stock markets.  

I've given up hope of news from Condor.  Management seems resigned to not communicate.  What could possibly go wrong ?

[kb7]

 (1) TheLastRefuge on Twitter: "(1) Let's talk about the overarching motive. The uncomfortable one. https://t.co/CKjCxohsIJ" / Twitter

[Crashcomingsoon]

I contend that lockdowns will only INCREASE inflation as it further disrupts supply chains and reduces supply.  Some items will not be available at any price.   And we've seen that when consumers are in lockdown, they spend more on goods because they will not go to restaurants, public entertainment, and travel due to the lockdowns and the risk of contagion.  A lot of those

[kb7]

I didn'y say it would work, but Sundance's theory makes sense to me. Powertful people are FU%$IN' around. Condor will do great, and I will  buy more shares if any other stock of mine goes. kb7

[Crashcomingsoon]

Omicron Risks New Inflation Headache for Global Central Bankers (msn.com)