Teuton Resources Corp V.TUO

7 EU Countries Hit by 10%-16% Inflation, Four by over 9%

[highper]

Tightening Comes Even to Ridiculous ECB Sooner, Faster as Seven EU Countries Hit by 10%-16% Inflation, Four by over 9%

by Wolf Richter • 

Apr 22, 2022  •

The ECB created the greatest corporate bond bubble ever. Now junk bonds get crushed, yields already doubled, set to double again, and again, cleansing out the zombies.

^^^^^^^
when the zombies come for gold teuton and its treaty creek holdings will benefit..

[highper]

ooops https://wolfstreet.com/2022/04/22/tightening-comes-even-to-ridiculously-dovish-ecb-sooner-faster-as-seven-eu-countries-hit-by-10-16-inflation-four-by-over-9-inflation/

[stockzorg]

We are fortunate to own stock in a prospect generator/royalty company that can increase due to several factors: - More open pit gold can be discovered at Treaty Creek - Discoveries can occur at other Teuton properties (I like Harry this year for sure) - Some of Dino's investments in other companies could increase based on their discoveries. - There could be a spinout of Treaty Creek ownership

[highper]

central bank gold buying should be factored into your thoughts on the prospects for the short term gold price.... 

[stockzorg]

Agree - any country considering a return to the gold standard would likely be accumulating gold and adding to the demand side.  Some others might accumulate as a way to pressure the US$, but that does not appear to be the case, or if it is, not working well.