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Bullboard - Stock Discussion Forum Fortuna Mining Corp T.FVI

Alternate Symbol(s):  FSM

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc., is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and... see more

TSX:FVI - Post Discussion

Fortuna Mining Corp > Federal Reserve Chairman Jerome Powell Speaks
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Post by geezer21 on Apr 21, 2022 10:16pm

Federal Reserve Chairman Jerome Powell Speaks

Notice that after Federal Reserve Chairman Jerome Powell spoke today about raising interest rates that while stock markets sold off that tangible assets like copper, oil, gold, natural gas etc., did not drop in price. They maintained their value.

Raising interest rates is to prop up the USD.  It is not prices that are rising but it is dollars that are devaluing.
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