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Bullboard - Stock Discussion Forum Discovery Silver Corp T.DSV

Alternate Symbol(s):  DSVSF

Discovery Silver Corp. is a precious metals company engaged in the acquisition, development and operation of assets. The Company’s flagship asset is its 100%-owned Cordero project, an undeveloped silver deposit, which is located close to infrastructure in a mining belt in Chihuahua State, Mexico. The key targets being evaluated include La Perla (10 kilometers (km) south of Cordero), Dos Mil... see more

TSX:DSV - Post Discussion

Discovery Silver Corp > Market Taper Tantrum
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Post by cbew on Nov 26, 2021 10:50am

Market Taper Tantrum

Well it looks like the market taper tantrum has finally arrived.  Dow down 900 pts. today.  What will it look like next week?  The market is telling the Fed it doesn't like the taper.  The question is will the FED continue on its course of reducing its asset purchases?  High yield corporate bonds are also tanking big and this spells BIG trouble for markets going forward.  Last time this happened the market crashed 30% in a month and the FED REVERSED course!   The PMs exploded thereafter.  A repeat is coming so hang on tight to those PM shares.  Buying more DSV at these low prices.  Getting ready for the inevitable move higher IMHO.
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