Doug Hurst: The Fed Is Done Raising Rates
Today on the Daily Dive, we sit down with Doug Hurst, Chairman of Elevation Gold Mining (TSXV: ELVT). Doug joins us this afternoon to give us his take on de-dollarization, central banks buying gold, and the Fed’s next moves. We then shift to mining and what could trigger capital to start flowing again, nefore we close out the interview by getting the latest on Elevation Gold.
Elevation Gold is a publicly listed gold and silver producer, engaged in the acquisition, exploration, development and operation of mineral properties located in the United States. The Company’s principal operation is the 100% owned Moss Mine in the Mohave County of Arizona. Elevation also holds the title to the Hercules exploration property, located in Lyon County, Nevada.
Information for this briefing was found via Sedar, and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
I concur and it is for this reason Materialism, the addiction that it is be crushed by higher interest rates! I think the premise or argument around global warming would be better served targeting the human weakness ? Greed! I concur with your analogy that makes it seem that Americans are out of control in regards too extra curricular vices and or miss guided addictions possible caused by the system itself . Capitalism is the problem that leads to despair as the game of capitalism let’s call it materialism, is based on a human weakness as humans are weak minded and not prone to applying delayed gratification hence the reason for bank service charges that are almost more destructive than compounded interest.
Not all people are as you describe them ! And for those that play the game well and manage to enjoy the system and are prone to benefiting from it ! How can the elite of this world reduce their carbon footprint ? The excesses in personal consumption are seen in those that are currently facing calls from the banks asking for payments as debt levels are barometers or indictors of lack of control regardless of inflation at least regarding North Americans as they lack insight into the meaning of true hardship.This is an assumption on my part. But one that I believe to be true.
I believe the best thing that could be done to help eliminate the plaque of righteous misguided consumerism would be to raise the rates to where it really starts to hurt the bottom line as it seems this is now the intent? But I would promote higher rates as a God send to those that advocate on behalf of climate change the premise of needing to raise rates based on inflation and argue in front of the world its necessity in the global fight against materialism as a strategic way of fighting climate change and the excesses of modern life on this planet or at least in North America.