Bullboard - Stock Discussion Forum Discovery Silver Corp T.DSV

Alternate Symbol(s): DSVSF

Metals & Mining Silver

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

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Discovery Silver Corp > Trump Wins and Precious Metals Get Smashed Down

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Post by dimitri4729 on Nov 06, 2024 7:41am

Trump Wins and Precious Metals Get Smashed Down

Trump has stated explicitly that Jerome Powell will be replaced and that he wants negative interest rates which will send precious metals soaring.Yet we get precious metals taking a beating.Go figure.One guess why that is happening is Trump's anti-war stance.Which will mean fewer dollars flowing into the military industrial complex.

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Comment by Ironmask1 on Nov 06, 2024 7:49am

Yes agree. Another Another important point from his thinking is: Trump Favors Returning To The Gold Standard, Few Economists Agree https://www.npr.org/2016/06/16/482279689/trump-favors-returning-to-the-gold-standard-few-economists-agree

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Comment by geezer21 on Nov 06, 2024 8:17am

Basicly I see this as a very short term jerk knee reaction. The fundametals for a rising gold price have not changed and will not change under Trump and in fact Trump will excaserbate the fundamentals for a stronger gold price with tariffs that will reduce the U.S. share of global trade and foster growing Global South trade less dependent on the US dollar for transactions.

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