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Bullboard - Stock Discussion Forum Westhaven Gold Corp V.WHN

Alternate Symbol(s):  WTHVF

Westhaven Gold Corp. is a Canada-based gold-focused exploration company advancing the high-grade discovery on the Shovelnose project in Canada's newest gold district, the Spences Bridge Gold Belt. The Company controls approximately 60,950 hectares with four gold properties spread along this underexplored belt. Its projects include Shovelnose Gold, Prospect Valley Gold, Skoonka Creek Gold and... see more

TSXV:WHN - Post Discussion

Westhaven Gold Corp > It’s About The FED. They Broke SVB.
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Post by ErinBrockovich on Mar 12, 2023 1:35pm

It’s About The FED. They Broke SVB.

The FED broke SVB. It was unintentional but it happened. The rate increases are causing ripple effects across the banking system. SVB could represent a turning point. We will see. If the FED is forced to pause rate hikes early, silver and gold will be very good places to be. Lithium will correct deeply and then recover. The same will also happen for copper, but not as deep. 

WHN shorts gonna be in for a bumpy ride. The VIX is increasingly volatile. And things are going to change rapidly here. If the FED continues on its path you will see more bank failures. I think it's likely rate hikes will will slow down and a pause is needed. A pause is good for gold. And good for WHN. 

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