Bullboard - Stock Discussion Forum I-80 Gold Corp T.IAU

Alternate Symbol(s): IAUX | T.IAU.WT

Metals & Mining Gold

i-80 Gold Corp. is a mining company. The Company is a gold and silver producer engaged in the exploration, development and production of gold, silver mineral and poly-metallic deposits. Its operations include Lone Tree, Ruby Hill, Granite Creek and McCoy-Cove. The Company owns a 100% interest in the Lone Tree and Buffalo Mountain gold deposits and Lone Tree processing complex (collectively, the... see more

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I-80 Gold Corp > I have been saying all along that the bull market in gold

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Post by goldstd69 on Feb 24, 2023 11:17pm

I have been saying all along that the bull market in gold

will occur when the dollar rallies on rising interest rates and gold no longer sells off off BUT rallies...we have not seen that YET

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Comment by AlwaysLong683 on Feb 25, 2023 12:51am

My own belief is, as long as the USD remains strong (fueled to a significant degree by the FED continuing its interest rate raising ways), gold won't do much as those looking to play defense will purchase a short-duration T-Bill or similar safe vehicle yielding as much as 5 or 6% over a gold stock which presents much higher risk than a T-Bill and perhaps pays a small dividend (or no dividend ...more

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I-80 Gold Corp