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Teranga Gold Corporation T.TGZ

Teranga Gold Corp is a Canadian-based gold company with assets is production, development, and exploration situated on prospective gold belts across West Africa in Burkina Faso, Cote d'lvoire and Senegal.


TSX:TGZ - Post by User

Bullboard Posts
Comment by Highwired7on Nov 12, 2016 10:19am
203 Views
Post# 25452932

RE:RE:Gold Crashes To 5 Month Lows As 'Someone' Dumps Over $10 Bil

RE:RE:Gold Crashes To 5 Month Lows As 'Someone' Dumps Over $10 BilAhh, because they're not done. I think if they haven't finished yet, they will next week, historically the last half of November through the new year is up for gold. Last years rate hike in December preceded the latest bull run in gold, this/next year the same thing should happen, especially with Trumps inflationary policies commencing in January due to this time around stimulus and QE money WILL make it into the economy NOT the banks balance sheets. Bonds are selling off, the dollar is toppy, the market is toppy and due for another major correction, that money will go back into gold just like this year. TPTB see this eventuality and are hammering gold NOW so that when all of this transpires, gold won't rise too far above the $1400-$1500 mark. IMO 2017 should start out like this year for PM's and be even stronger throughout the year. I see 2017 as a good year for gold and a great year for TGZ.
Bullboard Posts