Bullboard - Stock Discussion Forum Teuton Resources Corp V.TUO

Alternate Symbol(s): TEUTF

Metals & Mining Industrial Metals & Minerals

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

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Teuton Resources Corp > chinese open up gold market to bank savers

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Post by highper on May 12, 2023 2:42pm

chinese open up gold market to bank savers

Drainage: China's New Gold Wallet Will Suck the West Dry.

Monday 3 AM, China Just Made Gold Money Again

Arcadia Economics Monday Fix w/ Vince Lanci

the Chinese people now have a choice. They can own paper Yuan or Yuan with a "promise" of being able to have gold buying power. The choice is easy. Citizens will pull in foreign gold
https://www.zerohedge.com/news/2023-05-10/drainage-chinas-new-gold-wallet-may-suck-western-gold-dry

The chinese have trillions of dollars tied up in savings account and now they have the option to back those savings with golden
yuan.

Drainage: China's New Gold Wallet Will Suck the West Dry.

Monday 3 AM, China Just Made Gold Money Again

Arcadia Economics Monday Fix w/ Vince Lanci

This is ultimately a tool for confiscation by the CCP from the Chinese people. After their citizens buy Gold and pull it into China.. they won't be able to get it. But the Chinese people now have a choice. They can own paper Yuan or Yuan with a "promise" of being able to have gold buying power. The choice is easy. Citizens will pull in foreign gold

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