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Bullboard - Stock Discussion Forum Gold Mountain Mining Corp T.GMTN

Alternate Symbol(s):  GMTNF

Gold Mountain Mining Corp. is a Canada-based gold and silver exploration and development company. The Company is focused on resource expansion at the Elk Gold Project, a producing mine located approximately 57 kilometers (km) from Merritt in South Central British Columbia. The Company is engaged in the production of crushed ore, containing both gold and silver, mineral exploration, and... see more

TSX:GMTN - Post Discussion

Gold Mountain Mining Corp > « The Chinese are piling into gold as stocks falter and
View:
Post by GoldenPolarBear on Jan 31, 2024 11:58pm

« The Chinese are piling into gold as stocks falter and

"... 

The Chinese are piling into gold as stocks falter and the property market crumbles

"...
  • China's stock market slump has sent investors, households, and central banks on a bullion binge, FT reported.
  • Investment in gold bars and coins in China grew 28% to 280 tonnes in 2023, the World Gold Council said.
  • The rush to the safe haven asset points to uncertainty around China's financial health...."


https://markets.businessinsider.com/news/commodities/china-economy-stock-market-property-crash-gold-prices-central-bank-2024-1

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