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Bayhorse Silver Inc V.BHS

Alternate Symbol(s):  BHSIF

Bayhorse Silver Inc. is a junior natural resource company, which is engaged in the acquisition, exploration and development of natural resource properties. The Company has a 100% interest in the Bayhorse Silver Mine, Oregon United States of America. The Bayhorse Silver Mine and the Pegasus Project are 44 kilometers (km) southwest of Hercules Metals’ porphyry copper discovery. The Company also has an option to acquire an 80% interest in the Brandywine Property located in British Columbia, Canada. The Brandywine Property is located near Squamish, British Columbia.


TSXV:BHS - Post by User

Comment by atacrawlon Aug 23, 2022 3:51am
156 Views
Post# 34913294

RE:Silver Price Discussion

RE:Silver Price DiscussionI read a theory recently that made a lot of sense.  The Fed is continuing to be surprisingly hawkish with interest rate hikes despite, for the last few months, the markets expecting a pivot back to QE.  The theory is that the Fed, and by the extension the US gov, is raising rates primarily to lower the prices of commodities in order to hurt the BRICS nations.  These nations are now trading in a currency backed by a basket of commodities, instead of trading in the US dollar, which has/had been the global reserve currency for decades.  The Fed realizes it must crush commodities in order to apply pressure to the BRICS nations and buy the dollar more time as the US gov prepares and implements a digital currency.  So, if this theory is to be believed, it means that 1) the Fed realizes it is powerless against inflation, 2) the rate hikes are not to tame inflation but instead they are actually an act of economic war against the BRICS nations, and 3) the Fed is willing to destroy the US markets, domestic employment, and multiple domestic industries in order to buy time for a US gov that is still not ready to lose dollar hegemony as their digital currency plans are needing more time.  So we could be seeing far more rate hikes than we all anticipate, for much longer, and commmodities could get absolutely crushed in 2023.  Not sure if I completely but theory but it does warrant discussion.
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