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BREAKING: Gratomic Signs Deal to Supply Graphite to Todaq

  • Signed an agreement with Todaq Star Program Phase 1 Corp. to supply Todaq with an aggregate of US$25,000,000 of graphite from its Aukam project in Namibia over approximately 39 months
  • Initial order will be for 600 tonnes of graphite valued at US$3,000,000 payable in TODA Notes, a digital asset created as a medium for exchange and store of value, at a price of US$0.10 per TDN for an aggregate of 30 million TDN
  • Initial 600 tonnes of graphite are to be delivered within 90 days
  • Graphite is being purchased by Todaq to sit in reserve as a backstop to underpin the value of deployed TDN

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Hub On AGORACOM / Read Release

Message: Markets

I think the market today is confused about how to react to "inverted yield curve" news.  It has been evident for a while but became official this morning.  More than likely it will cause professional money managers to shift money from stocks into bonds, meaning that we should be seeing rounds of falling interest rates in the coming months (as has been happening in the rest of the world).  It means that paper money is losing value, which should be good news for gold and silver prices and the related mining issues.  Real estate demand should improve too, as will the mortgage loan industry because another refinancings crush is about to hit the market. 

 

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