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Bullboard - Stock Discussion Forum Calibre Mining Corp CXBMF


Primary Symbol: T.CXB

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and... see more

TSX:CXB - Post Discussion

Calibre Mining Corp > Gold $3000. by Christmas?
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Post by Bentouttashape on Nov 01, 2024 10:12am

Gold $3000. by Christmas?

Gold loves instability. Only two working days before US election and then the chaos begins. No matter which President wins the election Gold loves them both. In the short term Gold may see $3000 by Christmas because should Trump loose he will be contesting the election for the next 3 months. Should he win, Gold may see $3000, because of the uncertainty of his economic policies. Should the Dems win, gold will continue to go up based on their economic policies. Here is the recent facts of the rise in gold prices during the last 3 administrations. 

Obama Administration Gold went up over 95%
Trump Administration Gold up 56%
Biden Administration Gold up 45%  
Next Administration Gold will go skyhigh. 

You see, Gold is color blind, could care less if Dems or Reps, Red or Blue is in White shack. Gold is about to see highs that most people would hesitate to predict. UP UP AND AWAY
Comment by Singoa58 on Nov 01, 2024 12:02pm
May also go to 1900... history shows it has huge corrections... even 3000 gold does not mean miners will see benefits as production costs have Skyrocketed as witnessed by miners 3rdquarter reports
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