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Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s):  TEUTF

Teuton Resources Corp. is a Canada-based exploration stage company. The Company is in the business of acquiring, exploring and dealing in mineral properties in the province of British Columbia, Canada. It owns interests in more than thirty properties in the prolific Golden Triangle area of northwest British Columbia. The Company’s property portfolio includes, Treaty Creek Property, Eskay Rift... see more

TSXV:TUO - Post Discussion

Teuton Resources Corp > Consumer Price Index
View:
Post by stockzorg on May 12, 2021 9:24am

Consumer Price Index

CPI is up Year-Over-Year 3% Core and 4.2% including food and energy.  POG is not spiking but is higher this morning for the 6th day in a row which is unusual.

Monthly CPI is up 0.8% vs. the estimate of 0.2%

if folks start buying gold as an inflation hedge it could coincide well with drilling results this season.
Comment by paydirtontario on May 12, 2021 11:04am
https://youtu.be/QRWh6sIzj_s
Comment by LonghandStrong on May 12, 2021 11:42am
the YOY numbers contain percentage fallacy. I agree with you that CPI goods are more expensive, but the transitory narrative, especially coming from the literal best and brightest, should not be dismissed. I feel gold has another flush left, to the 1750, 1760 level. Plus, risk on, my business and my friends business, there's no sign of stopping, expansion, and no fear for the future. The jobs  ...more  
Comment by stockzorg on May 12, 2021 1:52pm
As usual we agree on some things and not on others.  We've obviously moved into the fuzzy area of macro economics and strangely enough, that was not my major.  On the plus side my opinions are generally as good or better than the so-called experts.  I'll parse this reply down by pasting your quotes in, then my comments in red.  I hope to God they're not paying you ...more  
Comment by Joe455 on May 12, 2021 3:51pm
I"ve been stocking up on Mercury dimes for years. 
Comment by fordster on May 12, 2021 6:44pm
Lol...one post that I mostly agreed with Long and Strong. It's too bad he's a D!ck. He could be such an asset.
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