Bullboard - Stock Discussion Forum Yamana Gold Inc. T.YRI

Metals & Mining Industrial Metals & Minerals

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from... see more

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Yamana Gold Inc. > 1.9 trillion Bill passed this morning!?

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Post by BePatient4now on Feb 27, 2021 12:35pm

1.9 trillion Bill passed this morning!?

Going to the Senate. How will this affect Gold??? Any thoughts??

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Comment by Ronbromleygross on Feb 27, 2021 1:42pm

https://www.washingtonpost.com/us-policy/2021/02/26/biden-stimulus-covid-relief/?outputType=amp

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Comment by CountOfMeltedCrisco on Feb 28, 2021 9:21am

It lets the Inflation Genie out of the bottle to run amok and wreak havoc. Look to the experience of the 70's for the best analogue as to how this will affect gold. Only better. ( and silver will have its usual leveraged outperformance, which it is demonstrating, already ) When debt can only be repaid by more debt, it's "Game over!". And Janet ...more

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