WAF 2.87% $1.44 west african resources limited

Ann: Quarterly Activities Report, page-75

  1. 1,037 Posts.
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    The March inflation rate in the US was at 2.62% and I've heard through analyst reports that it's jumped to 4% for April which is very meaningful, actually downright scary if accurate.

    Stevie Wonder can see it's all around us like a pack of circling wolves on a stage coach....the CPI will reflect it soon enough as it takes into account many macro factors to smooth it out so it doesn't scare the masses.

    Although the likes of Jerome Powell state that inflation is going to be "transitory", once that genie is out of the bag (i.e. because Biden keeps signing off many Trillions of fresh debt) it's gna be hard to put it back in. The Fed is addicted to printing money like it's a crack pipe and once it goes past a tipping point it'll cause a chain reaction like we've never seen.

    There will be pain everywhere but Gold will be one of the sectors that flourish.

    I expect WAF to be well north of current prices by then




 
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