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Nighthawk Gold Corp. T.NHK.W


Primary Symbol: T.NHK

"Nighthawk Gold Corp is a Canadian based junior resource company. It is engaged in the identification, acquisition, exploration, and evaluation of gold properties. The company is focused on Indin lake gold property. Its significant project consists of Colomac gold project which is located within the Indin Lake greenstone belt and is surrounded by company's existing Indin lake gold property in the northwest territories, from Aboriginal Affairs and Northern Development Canada. The company has comp


TSX:NHK - Post by User

Comment by tony1969on Jul 09, 2023 1:36pm
63 Views
Post# 35532751

RE:Trend 10 years

RE:Trend 10 yearsHey ecolo gold will catch a nice bid when the USD finally corrects.  The USD will correct when rates stop climbing and even more when the US economy starts to fade more than it already has in some sectors.  This should lead to a higher price of gold.  The best correlation or inverse correlation in gold has always been the USD.  USD up.  Gold down.  USD down.  Gold up.  They actually trade immediate to one another most of the time. It is incredible.  The DXY or dollar index has been basically consolidating during most of 2023 between 101 and 105.  It is at 102 now.....
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