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

Add To Watchlist

TSXV:TUO - Post Discussion

Teuton Resources Corp > strange things done neath the midnight sun

View:

Post by highper on Apr 09, 2024 11:09am

strange things done neath the midnight sun

fred hickey

@htsfhickey

 				The pattern continues - gold up sharply in Asia overnight (as physical gold buying soars) and then attempts in NY to take it back down. Gold futures open interest fell yesterday by 5K contracts to 504K. That's 36K fewer open contracts than about mo. ago (March 13), yet gold is nearly $200 higher today. 504K contracts is only 4.6% higher than at gold's bottom in May 2019 (gold around $1270) & just 3.8% higher than at gold's March 2021 double-bottom ($1680). Gold's at $2350, $288 higher than at the start of 2024, yet the West has dumped 51 tons from the GLD YTD. At some point Western traders/investors will be (forced?) to stop fighting this massive gold bull mkt and maybe even begin to participate.
 				
 				https://twitter.com/htsfhickey/status/1777674867153748029

126