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Bullboard - Stock Discussion Forum Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company considers itself to operate in a single segment, being the production of crushed ore, containing both gold and... see more

TSX:GMTN - Post Discussion

Gold Mountain Mining Corp > « …Recent Gold RALLY just the beginning 🇨🇦🇬🇧🇺🇸💥🇭🇰
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Post by GoldenPolarBear on Mar 13, 2024 2:59pm

« …Recent Gold RALLY just the beginning 🇨🇦🇬🇧🇺🇸💥🇭🇰

"...

The bottom line is if this little rally based on hope was this big, the rally when the Fed actually delivers rate cuts far beyond what anybody today expects is going to send the price of gold and silver into orbit.

Mike goes on to cover another factor that he thinks helped gold rally – the weaponization of the dollar.

He piggybacks off last week’s show and points out that worry about de-dollarization isn’t just a conspiracy theory. There are people in the mainstream expressing the same concerns. He covers a recent article by a Bloomberg reporter to support his point.

To wrap up the show, Mike covers the February CPI data, pointing out that it doesn’t indicate price inflation is dead...."

https://www.kitco.com/news/article/2024-03-13/gold-silver-gain-friendly-charts-bullish-outside-markets

 

https://www.fxstreet.com/analysis/the-recent-gold-and-silver-rally-was-just-the-beginning-video-202403131537

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