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Bullboard - Stock Discussion Forum Fortuna Silver Mines Inc T.FVI

Alternate Symbol(s):  T.FVI.DB.U | FSM

Fortuna Silver Mines Inc. is a Canada-based precious metals mining company with five operating mines in Argentina, Burkina Faso, Cote d'Ivoire, Mexico, Peru, and West Africa. Its operated mines include Caylloma Mine, Lindero Mine, San Jose Mine, Seguela Gold, Yaramoko Mine, and Diamba Sud. The Caylloma mine is located in the Caylloma mining district, approximately 225 kilometers northwest of... see more

TSX:FVI - Post Discussion

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Post by godisgr81 on Oct 18, 2023 10:35am

Gold Price

So many times, I hear talking heads predicting that gold is headed for $2100, $2500, and $3,000. 
We never hit these levels and until I see it, it's nothing but hot air.  So many BS coming from these experts.  Even with massive money printing and now inflation but the price is still nowhere near the talking head prices.  The whole PM sector is here to suck in and spit out the dumb money.
Comment by georgemarch on Oct 18, 2023 12:03pm
Best arguement for me that gold can easily can get to 2100-2300 range in 2024 is the gold price(US) vs house prices (US) . Take a look at the Gold vs. the Case-Shiller Home Price Index.
Comment by greendayyyy on Oct 18, 2023 2:35pm
The problem isn't the price of gold, but investors who aren't interested in buying gold-silver mining stocks. Look at the outflows over the last few months in gold ETFs and paper gold and you've got the answer.
Comment by georgemarch on Oct 19, 2023 7:05am
I think more investors would buy gold stocks if earnings were greater. The problem are costs and the price of gold. Gold prices are too low and the USD is too high/overvalued. The US can "print money", flood its economy with it only to "improve" the economy and inturn improve the currency. An incredible position to be in as the country "owning" the world's ...more  
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