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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 > Finally Up On A Down Day In The Market
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Post by geezer21 on Jun 10, 2022 10:58am

Finally Up On A Down Day In The Market

Finally, are people catching on the gold is a inflation hedge?
Comment by geezer21 on Jun 10, 2022 12:59pm
All the profitable gold stocks are going gang busters today.  Looks like people holding gold or miners will only take devalued dollars if buyers cought a lot more of them - inflation.
Comment by geezer21 on Jun 10, 2022 1:44pm
With all the gold miners moving in unison it is very apparent that algorathims control the trading.
Comment by geezer21 on Jun 10, 2022 2:12pm
Obvously the algos are programmed to forcast the macro direction.  That is an advantage to know because if you get the macro picture correct the algos will reinforce you.
Comment by classicact on Jun 10, 2022 1:37pm
Yes, I think the light finally came on about longer term inflation being a reality. Took a starting position today.
Comment by Stratocheif on Jun 13, 2022 9:54pm
If the light came on about inflation, why is no one bidding up the price of gold. It shot up over concerns about the war in Ukraine. Now back down again. Not doing its job as an inflation hedge. But inflation is doing its job on the miners. Thier margins are gonna get crushed by higher costs of everything...maintenance Capex, drilling, labor, energy, etc. At this point in time and unless gold ...more  
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