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Tahoe Resources TAHO

"Tahoe Resources Inc is a mining firm. It is engaged in the operation of mineral properties for the mining of precious metals in America."


NYSE:TAHO - Post by User

Post by peep2on Sep 28, 2017 5:29am
437 Views
Post# 26752075

The bashers are here because the dollar will be up for a bit

The bashers are here because the dollar will be up for a bitWhich means gold/silver and gold/silver stocks will be down for a bit, including 
of course THO's price.
 
THO has let everyone know now, that it can open its silver mine again and even
have the Guatemala gov’t clear the protesters away, who can only protest and block
peacefully but not be so obstructionist that they either are too belligerent and pushy
or provoke THO’s security people to be too belligerent and pushy. Instead THO
doesn’t want to make use of the gov’t and create a world incidence to get the world
on the protesters side again, (which the protesters are probably counting on with
their belligerence), but peacefully dialogue and resolve the situation if they can.
 
However I don’t think the environmental Nazis and communist Nazis (ie dictator
ship tending) protesters and especially those encouraging them (ie CALAS legal,
social and environmental group, and the UN arm promoting and encouraging
indigenous people closing down economic projects as another form of neo
colonialism in the emerging nations, to control and upset emerging nations by.
 
However the below article is about why gold/silver and gold/silver stocks are
going down for a bit.

From
'GOLD & US DOLLAR INTERIM update (which is 
up for a bit but just a dead cat bounce bit)'
by Clive P Maund
https://www.clivemaund.com/article.php?id=4306
"Underlining the high probability of an imminent dollar rally is the latest dollar 
Hedgers chart, which shows that large Commercial Hedgers, who are normally 
right, have progressively unloaded almost all of their short positions as the dollar 
has sunk lower and lower, to the point where they are now almost non-existent. 

Whenever this has happened in the past, as this chart makes plain, a significant 
dollar rally has followed. We should therefore be on the lookout for a substantial 
dollar rally soon – it hasn’t started yet, but looks imminent."
User image
"Although a dollar rally is expected to start soon, it is important to note that this 
will be just a “dead cat” bounce - it is not expected to get very far before it turns 
lower again, and then heads for a breakdown from the Broadening Top pattern 
leading to a severe decline, as the process of global de-dollarization being spear
headed by China and Russia for obvious reasons gathers pace. 

So that one day 
the dollar will be “just another currency” and it will be interesting to observe how 
the United States adjusts to the new reality of having to “live within its means” 
instead of on the labor of the rest of the world by swapping piles of intrinsically 
worthless paper (dollars and Treasuries) for goods and services that are the 
product of REAL WORK"
 
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