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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 > Inflatio is totally
View:
Post by DarkGreen on Apr 30, 2024 11:19am

Inflatio is totally

out of control . McDonalds just reported earnings  down on excessive cost of goods . A year and ahalf ago a cheeseburger at my local McD's was $1.49  last week $3.00 . McD's runs on razor sharp margins , they don't raise prices unless they are sqeezed . I think inflation is close to 50% in the last 2 years . Mcdonalds is my barometer on the real inflation number .
I lived thru the late 70's and early 80's when gold and silver ran ,this inflation is much much worse than those days .
Comment by Crashcomingsoon on Apr 30, 2024 11:34am
My Comment: While inflation is high now, just wait till the Fed cuts rates.  Got Gold ? Don't Buy Rate-Hike Hype, Next Fed Move Is A Cut | ZeroHedge Excerpts: Even though such a move would be unwise, it doesn’t mean it won’t happen. Cutting rates before inflation has been snuffed out threatens to intensify structural risks for price growth. But in the heat of liquidity drying ...more  
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