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Bullboard - Stock Discussion Forum Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

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 > Dynamic Underpinning the Rise In The Price of Gold
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Post by geezer21 on Aug 29, 2024 7:57pm

Dynamic Underpinning the Rise In The Price of Gold

Gold is going up and will continue to do so because the U.S. centric trading system is being circumvented to get out from U.S. hedgemony and U.S. dollar reserve currency domination.  As the USD U.S. dollar declines along with US share of global agriculture sales decline gold, oil, and other commodities rise rise. 

Kevin Walmsley details the decline in the United States agricultural decline:

https://www.youtube.com/watch?v=z7m5Z6FuPbk

Canada's agricultural economy like everything else is entertwined with that if the United States.

Comment by Mako2022 on Aug 29, 2024 8:30pm
Exactly Geezer Good read but it's important that there is a balance going forward cause people are very reactive and sell to be all holdings inclusive of commodities. I agree this will be the symptoms going forward. Be responsible and hold a heavy cash position but gold is gonna go without a doubt.  Games are ongoing but debt will eventually be a major catalyst for gold going bolistic ...more  
Comment by Singoa58 on Aug 29, 2024 8:39pm
No guarantee gold will take off as it can easily go to 1800  soon...  if a few cease fires happen in the multiple wars going on gold will plummet.... I'm a bit of a contrarian obviously and its made me very rich.... gold had a good run and a few miners like ego/eld just hit new 52 week highs but most miners have been boring .BTO is so diluted now so ill continue to short if it ever ...more