Gold Resource Corp (GORO)

[Neverhadawinner]

Goro2020,

All I see is the same arguments I have seen in the past 3 years. EU market is slipping, the middle east is headed for flames, and china is on the brink of collapse.

My take is closer in for the USA. Brexit is now going to happen and with it a major change for the UK. They will need to reach out to the USA for trade and I think Trump will be willing to make a deal but the deal will not be some "sweetheart deal" as in our past. February 1 is the start date and I feel it will move quickly. Pray a big bus is heading for Pelosi.

Along with Brexit will be "Mister China". Nobody else in the world can help China recover but the USA. And Trump still has tariffs in place (although at a lesser rate). January 15th will tell what is going to happened in Asia. If phase one goes off well and Xi and Trump get together soon after, the US economy will have enough spark for the rest of 2020.

Both of these near term events need to go our way. If they don't the stock and bonds markets will bail and the lack of money for small/medium business will send the economy into a tail spin. By they way a $14,000 per ounce for gold by 2026 is really funny. LOL

Just my opinion

Never