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Tudor Gold Corp V.TUD

Alternate Symbol(s):  TDRRF

Tudor Gold Corp. is a Canada-based precious and base metals exploration and development company. The Company has claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The Company has a 60% interest in Treaty Creek gold project, located in northwestern British Columbia, which is host to the Goldstorm Deposit, a large gold-copper porphyry system, as well as several other mineralized zones. The Company's Treaty Creek property covers an area of approximately 17,913 hectares.


TSXV:TUD - Post by User

Comment by stockzorgon Aug 01, 2021 5:20pm
131 Views
Post# 33638726

RE:Goldman Sachs view on gold

RE:Goldman Sachs view on gold
fordster wrote: https://www.kitco.com/news/2021-07-06/Goldman-Sachs-say-gold-is-not-the-optimal-store-of-value.html Theyre correct statistically.I believe in gold as the ultimate safe haven as I have no long term confidence in our markets Zorg, is this article consistent with your thoughts?

In this article, Goldman recommends against gold, oil, commodities and cryptocurrencies as stores of value.  Interestingly, the article does not recommend ANY asset class that WOULD be a good store of value.  My reaction to the article is that Goldman is probably loading up on all of the assets that the article is advising against.  That's how Goldman works and I generally use their advice as a contrary indicator.
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