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Bullboard - Stock Discussion Forum Condor Resources Inc V.CN

Alternate Symbol(s):  CNRIF

Condor Resources Inc. is a precious and base metals exploration company focused on its portfolio of projects in Peru. The Company’s flagship Pucamayo project is located 185 km southeast of Lima and covers an area of approximately 85 square kilometers (km2). Its other project includes Chavin, Soledad, Quriurqu, Huinac Punta, Humaya, Andrea, San Martin, Quilisane, Rio Bravo and Cobreorco. The... see more

TSXV:CN - Post Discussion

Condor Resources Inc > Miners beaten down
View:
Post by Crashcomingsoon on Sep 17, 2023 10:36am

Miners beaten down

My Comment: So, does this mean you just continue to accumulate?  I think it does, but what will turn the market around?  Surely, US sovereign debt is not a safe haven over the long run as the national debt keeps expanding without limit.


'The joy has gone out of it' - unending bear market is grinding down gold miners | Kitco News
Excerpt:

Erfle said there are just better options for investors with elevated inflation, good rates on T-bills and other parts of the market showing more promise.

Harris noted the toll the gold market is taking on investors and companies.

"It's grinding down the management teams," said Harris "People have commented to me that they love the sector...but the joy has gone out of it, because it's relentless—the endless calls from disgruntled investors about when it's going to turn around."

Comment by Crashcomingsoon on Sep 18, 2023 8:18pm
My Comment: How long can this go on ?  I'm expecting $40Trillion by 2026.  Got Gold ? US Debt Rises Above $33 Trillion For The First Time, Soars By $1 Trillion In 3 Months | ZeroHedge Excerpt: Here is the CBO's latest debt forecast. It shows that US debt is now set to hit $50 trillion by 2030 (probably much sooner though), and then proceed exponentially higher until the US ...more  
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