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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 > Sanctions Backfire On The United States
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Post by geezer21 on Nov 25, 2024 1:06am

Sanctions Backfire On The United States

Sanctions reduce the United States share of the global economy shrinking the use of the USD reserve currency and treasuries that are being substituted with gold, a tier one asset now, and other hard assests. Sanctioned nations step up their game to fill the vacuum created with sanctioned items removed from the global market place.

Sanctioned nations are developing alternatives outside the reach of the United States.  In the past sanctions may have worked, but no longer as technology is no longer a barrier to other nations developing alternatives.  The United States and other allies are on a path of isolationism and resource nationalization.

Here are two significant examples of what is occuring. The United States strong armed ASML to ban the sale of chip lithography machines to China and now there is a challenge to Boeing and Airbus.

https://www.youtube.com/watch?v=DSSfnjo-h04

https://www.youtube.com/watch?v=36A-kHwNspI

President elect Trump is promising more sanctions and tarriffs. 

The rise in the price of gold and other commodities has only just started.
Comment by dimitri4729 on Nov 25, 2024 11:26am
Your prediction appears to be untimely.Gold and Silver are being clobbered in a big way this morning.
Comment by geezer21 on Nov 25, 2024 11:31pm
"Your prediction appears to be untimely.Gold and Silver are being clobbered in a big way this morningT". Backlash against the United States is already happening.  Click on the 5 year view of Trading Economics gold chart and look at what happened starting in 2023 when gold became a tier one asset allowing central bank to trade in their US treasuries for gold. https ...more  
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