Bullboard - Stock Discussion Forum Guanajuato Silver Company Ltd V.GSVR

Alternate Symbol(s): GSVRF

Metals & Mining Industrial Metals & Minerals

Guanajuato Silver Company Ltd. is a precious metals producer engaged in reactivating the past producing silver and gold mines in central Mexico. It produces silver and gold concentrates from the El Cubo Mines Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato. It produces silver, gold, lead, and zinc concentrates from the... see more

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Guanajuato Silver Company Ltd > Trump Can’t Trump The Fundamentals.

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Post by ErinBrockovich on Nov 14, 2024 7:14am

Trump Can’t Trump The Fundamentals.

Trumps, as I said, is a small black swan event. There is great optimism that the US economy is going to go like gangbusters. Exuberance here is extreme, and unwarranted. He introduces a great deal of uncertainty. Bitcoin is but one example. And gold and silver correcting is another. Next support levels for silver are being watched. I think the new low for silver will be 28.50. Then we will consolodate for a bit before moving back above 30 dollars.

Ukraine and Middle East are in a holding pattern. Will he pilot things through the morass well?

Gold silver ratio stretched to 85. Should be lower. This means silver should move back up. Soon. Fed will be under pressure to cut again. Before end of the year. I think he will. Waiting.