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Bullboard - Stock Discussion Forum GoGold Resources Inc T.GGD

Alternate Symbol(s):  GLGDF

GoGold Resources Inc. is a Canada-based silver and gold producer. The Company is principally engaged in the exploration, development, and production of silver and gold in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company operates the Parral Tailings mine (Parral) located in the state of Chihuahua, Mexico, and the Los Ricos district... see more

TSX:GGD - Post Discussion

GoGold Resources Inc > Trump victory
View:
Post by becker123456789 on Nov 06, 2024 9:14am

Trump victory

He will slow the use of silver with his policies. Silver prices are following election results and will take a while to work out. This win is not good for GGD or Mexico short term .
Comment by tsoprano24 on Nov 06, 2024 2:08pm
But, good for America. Holds off the socialist marxists for a few years. China is still gonna make solar panels and EVs. American automakers were already cutting production of EVs since no one wants them here. This isn't going to affect silver or GGD at all. Dollar will go down, inflation is here and going to come on even stronger, all helping silver and gold go up. No worries here. Once the ...more  
Comment by becker123456789 on Nov 12, 2024 3:06pm
What happened last time America refused to move forward with the rest of the world. Oh ya American car companies got left in the dust. With all those tariffs and buying from American companies only  just made them huge profits without reinvesting to newer better cars or anything for that matter.WHY? because they could. Then later everybody woke up later to find we were buying expensive junk . ...more  
Comment by tsoprano24 on Nov 12, 2024 6:50pm
Interesting take but I disagree. As with the steel industry and paper industry, auto industry was taken down by greedy unions. Pendulum swung too far and they got workers more than was economical. I watched it play out in central Wisconsin paper mills and saw what happened in other industries. Your post makes you sound like a lib, so I don't expect this to make sense. But, when workers make ...more  
Comment by becker123456789 on Nov 13, 2024 10:35am
Billionaire wealth surged in 2022 with rapidly rising food and energy profits. The report shows that 95 food and energy corporations have more than doubled their profits in 2022. They made $306 billion in windfall profits, and paid out $257 billion (84 percent) of that to rich shareholders. This is not even including outrages CEO salaries.  Not sure where you get your information ...more  
Comment by tsoprano24 on Nov 13, 2024 3:58pm
Not sure what your point is but it's been pointed out by many, from Bill Bonner to Doug Casey and others that the billionaires added to their share far more, percentage wise, than the poor because of the stock market going up. The poor don't own stocks like the rich, so keeping interest rates low allowed the very rich to take cheap money and turn it into huge gains. Companies also ...more