Friday, January 27, 2017 8:24:34 AM
Whether it's a smart idea or not will be determined, but it's obvious that Mexico won't take the tax on their back. Mexico will retaliate in some fashion, there's no doubt about that.
Trump keeps insisting he wants Mexico to pay for the wall and IMO that's a mistake, he should have quietly done something to make them pay for it and not called them out in public about it.
Trade wars are what got Hoover in trouble back during the Great Depression. I see Trump doing the same with China in some way, so when that happens the shit will really hit the fan, but it should be great for the PM's. The market is ignoring this at the present, but if it gets closer to fruition it should take the market down.
Most of FFMGF's properties are in the U.S. and Canada I think, they may have something down in Mexico.
Trump keeps insisting he wants Mexico to pay for the wall and IMO that's a mistake, he should have quietly done something to make them pay for it and not called them out in public about it.
Trade wars are what got Hoover in trouble back during the Great Depression. I see Trump doing the same with China in some way, so when that happens the shit will really hit the fan, but it should be great for the PM's. The market is ignoring this at the present, but if it gets closer to fruition it should take the market down.
Most of FFMGF's properties are in the U.S. and Canada I think, they may have something down in Mexico.
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