"Ignore the Selloff in Gold.""Ignore the Selloff in Gold. Trump’s ‘Chaos Grenade’ Win Will Bring Gains." - The potential inflationary pressures and geopolitical unpredictability associated with a second Donald Trump presidency is likely to strengthen the case for gold as a safe-haven asset, despite the dip in gold prices and short-term sell-off as detailed on Barron's. Further, inflation concerns—spurred by Trump’s proposed tariffs, immigration policies, and expansive tax cuts—may push up consumer prices and increase national debt, aligning with conditions that traditionally favor gold investment. Additionally, Trump’s unpredictable political style, along with tensions regarding Federal Reserve independence, could heighten market volatility, further reinforcing gold’s appeal amid the potential for economic and political upheaval. (Source:
https://www.barrons.com/articles/gold-price-buy-trump-inflation-1f8fbeea)
With this in mind, Borealis Mining (BOGO.v) is poised to benefit from gold's long term positive sentiment as it continues to work on a restart plan for its fully permitted Borealis Gold Mine in Nevada.
Having completed a range of milestones this past month, including expanding the claim package at the mine and completing its second gold pour of the year, yielding ~1,625 troy ounces of dor bars containing 229 troy ounces of gold (14.116% Au) and 162 troy ounces of silver (9.954% Ag), BOGO has infrastructure in place, ongoing revenue from its gold production and drill results incoming.
For more information, refer to this deep dive on the latest news:
https://www.reddit.com/r/Wallstreetbetsnew/comments/1gf90oz/today_borealis_mining_expands_fullypermitted/ Posted on Behalf of Borealis Mining Company Ltd.