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Bullboard - Stock Discussion Forum Spanish Mountain Gold Ltd V.SPA

Alternate Symbol(s):  SPAZF

Spanish Mountain Gold Ltd. is a Canada-based exploration-stage resource company. The Company is focused on advancing its 100%-owned Spanish Mountain Gold Project in southern central British Columbia. The Spanish Mountain gold project is located about six kilometers from the village of Likely, in the Cariboo region of central British Columbia, approximately 70 kilometers north-east of the city... see more

TSXV:SPA - Post Discussion

Spanish Mountain Gold Ltd > Low to negative real rates and rising infllation.
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Post by Everett06 on Aug 28, 2020 12:19am

Low to negative real rates and rising infllation.

The Fed had spoken, low to negatve rates are here to stay together with rising inflation. Good for gold longer to long term.  Expect gold price will meander sideways for some days after which it will push north. And the most likely catalyst may be a further weakness of the US dollar.
Comment by DouglasFir2 on Aug 28, 2020 7:14am
Yes, the Fed statement was appeasement personified, and very positive for gold. 
Comment by MMutley01081966 on Aug 28, 2020 3:06pm
mac. sorry not to read any recent posts.This board changed in a rather big way.Not sure for the good.Do you have a opinion on JAGGF?Or Mr. Sprott junior mine etf or fund?Hope all is well.TKS Mut
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