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Yamana Gold Inc. T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.


TSX:YRI - Post by User

Bullboard Posts
Post by Armcorpon Jun 12, 2018 12:20pm
322 Views
Post# 28160077

Gold coming up Trumps

Gold coming up TrumpsThe Donald calls the leader of the best friend the USA has, and its biggest trading partner, "weak" and "dishonest", and his advisors accuse Canada of stabbing Trump in the back.  Then Trump goes to Singapore and calls the leader of a rogue oppressive state with whom the USA has no trading relationship "talented", "tough", "a great personality" and "a worthy negotiator".   This is right after asking the G-7 to allow Russia back in  (I guess the statue of limitations has passed on invasion and occupation).  

If I was American I would be highly embarrassed by this guy. He is not going to get any points from Canada.  If he wants trade he should stick with North Korea and Russia.  It is impossible to guess what he is going to do next, which fits right in to his method of sowing chaos and (hopefully) reaping the benefit.   What this means for gold is that Trump is going to drive the US economy into recession, and shortly after that gold should head higher.  I wouldn't be selling gold stocks or gold now. I definitely would not buy cryptos.  Hang on to your hats, people, the ride is going to be bumpy for at least the next two years,
Bullboard Posts