StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Increasing Gold, Silver Mining Assets, as Investors Eye Precious Metals To Counter Inflation

December 29, 2021 at 12:53 PM EST

StraightUp is expected to benefit from increased interest in precious metals as investors, traders, and savers rush into gold and silver markets to hedge against inflation, which has risen to its highest point since 1982
Economists expect that the strong inflation will continue driving buyers into gold and other precious metals
StraightUp is acquiring various gold and silver mineral property assets in historically prolific regions of both North and South America

The latest data released December 10 by the Bureau of Labor Statistics show the US inflation rate rose to 6.8%, its highest point since 1982, on the back of higher housing, food, and gas prices. The price hikes are attributable to the pandemic, which disrupted and continues to affect manufacturing and shipping. At the same time, Americans have more cash to spend due to the US government’s stimulus payment program. This has burdened supply chains even further, bumping up inflation numbers (https://ibn.fm/90wSw). Economists are, however, wary that the country’s inflation is no longer in the “transitory” ballpark. Instead, they opine that the Federal Reserve (“the Fed”), which is congressionally mandated to tame inflation, is losing control of the impermanence narrative of the current hot figures. Ironically, the Fed is said to be… Read More>> NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office Editor@MiningNewsWire.com MiningNewsWire is part of the InvestorBrandNetwork.

StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Increasing Gold, Silver Mining Assets, as Investors Eye Precious Metals To Counter Inflation

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StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Increasing Gold, Silver Mining Assets, as Investors Eye Precious Metals To Counter Inflation

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Decatur Daily Democrat