Gold World News Flash |
- On Europe's Train Wreck Of Monetarist Absurdity
- Doug Casey On Gold: “The Potential Is Here For A Climactic Runaway Mania”
- Silver Rocket and Gold Moribund, Report 18 September, 2016
- Michael Pento: "These Are The Most Dangerous Markets I've Ever Witnessed"
- Greyerz and Leeb comment on gold at King World News
- Funds dump gold at fastest pace since May as Fed outlook shifts
- Europe Is Planning For War and We Need to Pay Attention
- The "Giant Rise in the Value of Gold" Theory of the 1930s 2: Never Happened Before
- Gold in Japan: Finally Opening the Floodgates to Mining & This Company is First!
- Dear U.S. Trump-haters: Don’t move to Canada!
- Why the EU is Doomed
- GET OUT NOW!!! OBAMA JUST TOLD US THAT HE WILL DECLARE MARTIAL LAW IN 2016!!!
- Gold miners stick close to home in hunt for more metal
- Join GATA in October at the New Orleans conference because you can't lose
- BIS flashes red alert for a banking crisis in China
- GATA secretary interviewed on Wesleyan University radio station
| On Europe's Train Wreck Of Monetarist Absurdity Posted: 18 Sep 2016 11:00 PM PDT Authored by Constantin Gurdgiev via True Economics blog, One chart that really says it all when it comes to the fortunes of the Euro area economy:
And, courtesy of these monetary acrobatics, we now have private corporates issuing debt at negative yields, nominal yields... The train wreck of monetarist absurdity is now so far out on the wobbly bridge of economic systems devoid of productivity growth, consumer demand growth and capex demand that even the vultures have taken into the skies in anticipation of some juicy carrion. With $16 trillion (at the end of August) in sovereign debt yielding negative and with corporates now being paid to borrow, the idea of the savings-investment link - the fundamental basis of the economy - makes about as much sense today as voodoo does in medicine. Even WSJ noted as much. As I recently quipped to an asset manager I used to work with:
Which brings us to the simple point of action: don't buy bonds. Don't buy stocks. Hold defensive assets in stable proportions: gold, silver, land, fishing rights... anything other than the fundamentals-free paper. |
| Doug Casey On Gold: “The Potential Is Here For A Climactic Runaway Mania” Posted: 18 Sep 2016 11:00 PM PDT ShtfPlan |
| Silver Rocket and Gold Moribund, Report 18 September, 2016 Posted: 18 Sep 2016 10:20 PM PDT The prices of both metals were down again this week. We would guess that it has something to do with the fact that everyone knows: higher rates are coming to the dollar. The yield on the 10-year Treasury closed the previous week at 1.762% and this week at 1.701%. It may not look like much, but this is a change of +1.7%. Just repeat after me: "the Fed makes the economy more stable." In any case, there are a few holes in the "bonds are in a bubble" bubble. One is that the worldwide trend for 35 years is falling rates. If one wishes to argue that this trend is over, one would have to acknowledge its cause and argue that this cause is no longer in effect (one would need a real theory, not just the old "inflation expectations" saw). More immediately, why are junk bonds and equities not dropping commensurately? If you look at a chart of junk bond yields, you see less volatility and the opposite trend. Since July 1, the Bloomberg High Yield Corporate Bond index is up 3.8%. In the same period, the Bloomberg US Treasury Bond Index is down 1.1%. When a bond price falls, that means the interest rate is higher. For reference, 6-month LIBOR is up from 0.92% to 1.25%, or +36% (thirty six, not a typo). We aren't bond or equity traders, but we think it's crystal clear that if rates are truly moving up, a lot, and durably, then all assets will be repriced lower. And if the US dollar is alone in bucking the falling rates trend, then look for a rising dollar index (i.e. all the other currencies will fall further, as traders will short them to get the even-greater interest rate differential). Needless to say, the idea of a rising dollar does not fit the bond-bubble-burst rising-rates Narrative. So for the moment, the prices of the metals—silver more than gold—are driven by this Narrative. How long until this Narrative bursts? There was an interesting news item this week, CME Group announced that it will presently launch a futures contract for the gold-silver ratio. This security will make it easier for the public to trade the gold-silver ratio. We think this is good, as it encourages arbitrage thinking. Of course, like every product in the market-casinos today, this one is designed to generate dollars (unlike our fund, which deals in physical metal, and generates gains in gold). We will have more to say about this contract as it gets closer to launch (Oct 24). Read on for the only true picture of the fundamentals of the monetary metals. But first, here's the graph of the metals' prices. The Prices of Gold and Silver Next, this is a graph of the gold price measured in silver, otherwise known as the gold to silver ratio. It did not change this week. The Ratio of the Gold Price to the Silver Price For each metal, we will look at a graph of the basis and cobasis overlaid with the price of the dollar in terms of the respective metal. It will make it easier to provide brief commentary. The dollar will be represented in green, the basis in blue and cobasis in red. Here is the gold graph. The Gold Basis and Cobasis and the Dollar Price We switched from the October to December contract this week. The price of gold fell this week, as did the basis. The Monetary Metals fundamental price of gold is down just about as much as the market price. Let's look at silver. The The price of silver dropped just as much as gold, in proportion. The basis dropped more. Our fundamental price is now two bucks under the market price. Does this mean the market price has to drop immediately, now that we know this? No, right now the market is in the grips of a mini silver mania (we would not dare say bubble, at least not without trigger warnings). Like the interest rate anomalies, it would be strange to see the price of silver take off like the famed mythological silver bug rocket while the price of gold languishes, moribund.
© 2016 Monetary |
| Michael Pento: "These Are The Most Dangerous Markets I've Ever Witnessed" Posted: 18 Sep 2016 05:40 PM PDT Submittted by Adam Taggart via PeakProsperity.com, In this week's podcast, Michael Pento, fund manager and author of The Coming Bond Bubble Collapse, explains how the United States is fast approaching the end stage of the biggest asset bubble in history. He describes how the bursting of this bubble will cause a massive interest rate shock that will send the US consumer economy and the US government—pumped up by massive Treasury debt—into bankruptcy, an event that will send shockwaves throughout the global economy:
Click the play button below to listen to Chris' interview with Michael Pento (27m:46s).
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| Greyerz and Leeb comment on gold at King World News Posted: 18 Sep 2016 04:02 PM PDT 7p ET Sunday, September 18, 2016 Dear Friend of GATA and Gold: At King World News, gold fund manager Egon von Greyerz predicts that the euro won't survive, driving Europeans into gold: http://kingworldnews.com/greyerz-the-roadmap-to-a-staggering-10000-gold-... And fund manager Stephen Leeb argues that China wants an orderly transition to a new world monetary system, which for the time being requires controlling the gold price: http://kingworldnews.com/chinas-stunning-plan-for-gold-a-new-monetary-sy... CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT The Gold Mine Barrick Might Regret Having Sold K92 Mining is poised for production at its Papua New Guinea gold project and has just listed on the Toronto Venture exchange under the symbol KNT.V. The gold mining startup came together during one of the toughest periods in mining history. K92's main asset is the Kainantu project, a large high-grade gold resource with extensive infrastructure including underground mine development, a mill processing facility, a fully permitted tailings pond, and paved roads. The infrastructure means K92 can aim to restart mining in the near term with minimal capital costs and seek to grow through cash-flow funded exploration on the roughly 405-square kilometer property, considered prospective for additional discoveries. For more information, please visit: https://ceo.ca/@tommy/the-gold-mine-barrick-might-regret-selling Join GATA here: New Orleans Investment Conference Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| Funds dump gold at fastest pace since May as Fed outlook shifts Posted: 18 Sep 2016 03:47 PM PDT By Joe Deaux Gold investors seem to agree: Don't fight the Federal Reserve. With the Fed's next policy meeting looming this week, hedge funds are exiting from gold. Speculators cut their bets on a bullion rally by the most in more than three months. Holdings in global exchange-traded funds backed by the metal are down from a three-year high in August and heading for the biggest monthly decline this year. Aggregate open interest in New York futures is mired in the longest slump since May. Speculation is mounting that Fed officials, in a statement scheduled for release on Wednesday, will signal that higher U.S. interest rates are on the way. That's bad news for gold, which thrives as an alternative asset. Through Friday the metal had surged 24 percent for the year as the policy makers declined to raise borrowing costs. ... ... For the remainder of the report: http://www.bloomberg.com/news/articles/2016-09-18/funds-dump-gold-at-fas... ADVERTISEMENT NewCastle Gold's New CEO, Gerald Panneton, Hits the Ground Running By Tommy Humphreys Mining entrepreneur Gerald Panneton took a few years off after building one of Canada's largest gold miners, Detour Gold. He raced performance cars in his down time, and conducted due diligence on various mining assets to potentially back. This summer, the geologist set his sights on NewCastle Gold (TSXV:NCA), owner of a past-producing gold mine in California with similarities to Detour Gold in its early days. ... ... For the remainder of the report: https://ceo.ca/@tommy/new-newcastle-gold-ceo-gerald-panneton-hits-the-gr... Join GATA here: New Orleans Investment Conference Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| Europe Is Planning For War and We Need to Pay Attention Posted: 18 Sep 2016 03:30 PM PDT by Daisy Luther, The Organic Prepper:
This Week in the News The Pipeline Disaster That No One Is Talking About That's because most of the media has been silent about everything but the aftereffects: higher gasoline prices and possibly even shortages. (And those shortages could be imminent for the East Coast – so fill up now if you live on that side of the US. You'll find great advice for safely storing gasoline in this book.) The Anti-Media, always one of the first to be on top of things, reported that more than 250,000 gallons of fuel has leaked out and that the leak may still be going on. Tennessee, Virginia, Georgia, South Carolina, North Carolina, and Alabama have all declared a state of emergency due to the leak. Interestingly, Colonial Oil was quoted in an article as saying, "There has been no threat to public health or safety…" But in the same article, they were also quoted as saying that they're unable to calculate the exact amount of fuel that has been spilled due to safety concerns. "It's not safe for our workers to recover much product off of the pond due to gasoline vapors. It's a challenge for us to do much because the vapors are not at safe levels for human health. So that presents a challenge to say how much has been released." So,which is it? There either IS a threat or there isn't. I think we can all guess the answer to this question. (PS: This is another reminder of why water preparedness is so essential.) So far, nothing but crickets from the EPA, but that's probably no surprise to anyone who understands that they are only there to protect corporations and not the public. This Week's Hillary Clinton Health Theories They aren't providing us with any stories that aren't completely full of holes. The hype culminated with her highly publicized collapse at a 9/11 memorial last Sunday, and the explanation of pneumonia in September just isn't cutting it for most people. And before anyone says, "These are all just conspiracy theories" – that's exactly right. All we have is theories because even though something is blatantly wrong, no one is giving us an official answer that we can believe. I'll list the articles here and you can click on them and see what everyone has to say. |
| The "Giant Rise in the Value of Gold" Theory of the 1930s 2: Never Happened Before Posted: 18 Sep 2016 03:02 PM PDT New World Economics |
| Gold in Japan: Finally Opening the Floodgates to Mining & This Company is First! Posted: 18 Sep 2016 12:25 PM PDT from Wealth Research Group: |
| Dear U.S. Trump-haters: Don’t move to Canada! Posted: 18 Sep 2016 12:04 PM PDT David Menzies attempts to discourage American progressives who are vowing to move to Canada if The Donald becomes President, from following through. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]  |
| Posted: 18 Sep 2016 12:00 PM PDT by Alasdair Macleod, via Gold Seek:
We normally survive financial crises, thanks to the successful actions of central banks as lenders of last resort. However, the origins and construction of both the the euro and the EU itself could ensure the next financial crisis commences in the coming months, and will exceed the capabilities of the ECB to save the system.
It was therefore in no way a natural European development. But in the post-war years the concept of political union, initially the European Coal and Steel Community, became fact in the Treaty of Paris in 1951 with six founding members: France, West Germany, Belgium, Luxembourg and Italy. The ECSC evolved into the EU of today, with an additional twenty-one member states, not including the UK which has now decided to leave. With the original founders retaining their national characteristics, the EU resembles a political portmanteau, a piece of assembled furniture, each component retaining its original characteristics. After sixty-five years, a Frenchman is still a staunch French nationalist. Germans are characteristically German, and the Italians remain delightfully Italian. Belgium is often referred to as a non-country, and is still riven between Walloons and the Flemish. As an organisation, the EU lacks national identity and therefore political cohesion. This is why the European Commission in Brussels has to go to great lengths to assert itself. But it has an insurmountable problem, and that is it has no democratic authority. The EU parliament was set up to be toothless, which is why it fools only the ignorant. With power still residing in a small cabal of nation states, national powerbrokers pay little more than lip-service to the Brussels bureaucracy. The relationship between national leaders and the European Commission has been deliberately long-term, in the sense that loss of sovereignty is used to gradually subordinate other EU members into the Franco-German line. The driving logic has been to make the European region a protected trade area in Franco-German joint interests, and to protect them from free markets. It was not easy to find the necessary compromise. Since the Second World War, France has been strongly protectionist over her own culture, insisting that the French only buy French goods. Germany's success was rooted in savings, which encouraged industrial investment, leading to strong exports. These two nations with a common border had, and still have, very different values, but they managed to conceive and set up the European Central Bank and the euro. In Germany, the sound-money men in the Bundesbank lost out to industrial interests, which sought to profit from a weaker currency. This was actually in line with her political preferences, and it was the political class that controlled the relationship with France. In France the integrationists, politicians again, defeated the industrialists, who sought to insulate their home markets from German competition. When a common currency was first mooted, two future problems were ignored. The first was how would the other states joining the euro adapt to the loss of their national currencies, and the second was how would the UK, with her Anglo-Saxon market-based culture adapt to a more European model. It wasn't long before the latter issue was met head-on, with the withdrawal of sterling from the Exchange Rate Mechanism, the forerunner of the euro, in September 1992. The euro was eventually born at the turn of the century. The Franco-German compromise led to the appointment of a Frenchman, Jean-Claude Trichet, as the ECB's second president. All was well, because the abandonment of national currencies and the gradual acceptance of the euro meant that states in the Eurozone were able to borrow more cheaply in euros than they ever could in their own national currencies. Bond risk was measured against German bunds, traditionally the lowest yielding bonds in Europe. It was not long before the spread between bunds and other Eurozone debt was commonly seen as a profitable opportunity, instead of a reflection of relative risk. European banks, insurance companies and pension funds all benefited from the substantial rise in the prices of bonds issued by peripheral EU members, and invested accordingly. In turn, these borrowers were only too willing to supply this demand by issuing enormous quantities of debt, in contravention of the Maastricht Treaty. Bank credit expanded as well, leaving the banking system highly geared. The control mechanism for this explosion in borrowing was meant to be the Exchange Stability and Growth Pact, agreed in Maastricht in 1993. This laid down five rules, of which two concern us. Member states were bound to keep their national budget deficits to a maximum of 3% of GDP, and national government debt was limited to 60% of GDP. Neither Germany nor France qualified on the debt criteria, without rigging their national accounts, and the only reason that deficits came within the Pact was a mixture of dodgy accounting and fortuitous timing of the economic cycle. The control mechanism was never enforced. So from the outset, no nation had any sense of responsibility towards the new currency. The rules were ignored and the euro became a gravy-chain for all member governments, spectacularly brought to public attention by the failure of Greece. The Eurozone's banking system, incorporating the national central banks and the ECB, bound together in a bizarre settlement system called TARGET, became the means for member nations to buy German goods on credit. Very good for Germany, you may say, but the problem was that the credit was supplied by Germany herself. It is the same as lending money to the buyer of your business in a rigged transaction. This flaw in the system's construction is now a rumbling volcano ready to blow at any moment. The Germans want their money back, or at least don't want to write it off. The debtors cannot pay, and need to borrow more money just to survive. Neither side wishes to face reality. It started with Ireland, then Cyprus, followed by Greece and Portugal. These are the smaller creditors, which Germany, led by its Finance Minister Wolfgang Schäuble, managed to crush into debtor submission and are now economic zombies. The real problem comes with Italy, which is also failing and has a debt-to-GDP ratio estimated to be over 133% and rising. If Italy goes, it will be followed by Spain and France. Herr Schäuble cannot force these major creditors into line so easily, because at this stage the whole Eurozone banking system will be in deep trouble, as will the German government itself. German savers are also becoming acutely aware that they will pick up the bill. |
| GET OUT NOW!!! OBAMA JUST TOLD US THAT HE WILL DECLARE MARTIAL LAW IN 2016!!! Posted: 18 Sep 2016 07:57 AM PDT We can't let this happen! Obama is playing the media. We need to get ready because something very bad is happening! The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers ,... [[ This is a content summary only. Visit http://www.newsbooze.com or http://www.figanews.com for full links, other content, and more! ]]  |
| Gold miners stick close to home in hunt for more metal Posted: 18 Sep 2016 07:21 AM PDT By Susan Taylor and Nicole Mordant The world's biggest gold miners are taking a cautious approach in their hunt for bullion, spending more money to explore around existing mines rather than new territory in a strategy that may have short-term gains but risks future production growth. Top producers are relying more than ever on small companies to do the heavy lifting of searching for new deposits and increasingly taking 10 to 20 percent equity stakes in the junior miners. Exploring close to home is more cost efficient and improves the odds of discoveries. But the chances of making major new finds are limited, diminishing global gold output, which is expected to decline by nearly 9 percent in the next three years. ... ... For the remainder of the report: http://www.reuters.com/article/us-mining-gold-idUSKCN11O0F8 ADVERTISEMENT Sandspring Resources Commences 2016 Exploration Campaign Company Announcement Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America. In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization. For the remainder of the announcement and highlights of the 2015 drill program: https://finance.yahoo.com/news/sandspring-resources-commences-2016-explo... Join GATA here: New Orleans Investment Conference Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| Join GATA in October at the New Orleans conference because you can't lose Posted: 18 Sep 2016 07:16 AM PDT 10:15a ET Sunday, September 18, 2016 Dear Friend of GATA and Gold: Will you join GATA Chairman Bill Murphy and your secretary/treasurer at the New Orleans Investment Conference in the last week of October? Conference director Brien Lundin notes in the letter below that you really can't lose. He guarantees that if, as a result of what you learn at the conference, you don't at least quadruple your registration fee, your fee will be refunded. ... Dispatch continues below ... ADVERTISEMENT Gold Standard Continues to Expand North Dark Star High-Grade Deposit Company Announcement VANCOUVER, British Columbia, Canada -- Gold Standard Ventures Corp. (TSXV: GSV; NYSE MKT:GSV) today announced assay results from two holes, DS16-21 and DS16-04, at the recently discovered North Dark Star oxide gold deposit on its fully-owned and controlled Railroad-Pinion Project in Nevada's Carlin Trend. Results from DS16-21 have increased the width of the deposit and, more importantly, have confirmed that higher-grade oxide mineralization projects up-dip to more shallow depths to the east of DS16-08. The primary objective of this year's drill program at North Dark Star was to expand the high-grade zone discovered in core hole DS15-13 (15.4 meters of 1.85 gold grams per tonne and 97 meters of 1.61 gold grams per tonne) at the end of last year's drill program. ... ...For the remainder of the announcement: https://goldstandardv.com/news/2016/expansion-gold-standards-north-dark-... Having participated in the conference for many years, GATA can say that nothing surpasses it for financial and political insight and, thanks to the city itself, plain old fun. I don't mean the cliched honky-tonkiness of Bourbon Street. (Anyone in the monetary metals sector learns early how to drink plenty just staying home.) I mean the history, geography, culture, climate, and of course the restaurants of the city. At this conference there is always so much to learn inside -- many of the speakers are GATA favorites -- and to explore outside. So please read Lundin's letter below and if you're persuaded to consider attending, use the link at the bottom of his letter to find out more about the conference and register for it. The conference has kindly offered GATA a commission for every GATA supporter who uses the link to register. Hoping to see you there. CHRIS POWELL, Secretary/Treasurer * * * Your Guarantee that You Can't Lose at the New Orleans Investment Conference By Brien Lundin Gold and silver are soaring. Negative interest rates are spreading across the world like a wildfire. The economy is slowing. Stocks are peaking while the presidential election promises to roil global markets. This is the riskiest -- and potentially most profitable -- investment opportunity in decades. And there's only one way to play it that guarantees a four-for-one profit. My message is simple: You can't afford to miss this opportunity. That's because the best place to be in a gold bull market is the New Orleans Investment Conference. More than four decades of history have proven this, time and time again. It's where the top metals and mining stock experts and most successful investors gather every year. It's where the most powerful investment strategies are detailed. It's where the hottest new opportunities are unveiled. And as I said, the results speak for themselves: The stock picks given out at the New Orleans Conference often multiply five, 10, even 20 or more times over after the event. How reliable and profitable are these results? Enough so that we can guarantee you'll quadruple your investment in the event ... or get your entire registration fee back. The only way you can lose is not attend. And there are plenty of reasons to come. With our amazing agenda this year, coupled with the remarkable turn the markets have made in our favor, you're going to learn more, profit more, and just have more fun than you could anywhere else. Don't cheat yourself -- click on the link below to learn why this year's New Orleans Conference is going to be the event of the decade: http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.h... Join GATA here: New Orleans Investment Conference Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| BIS flashes red alert for a banking crisis in China Posted: 18 Sep 2016 07:00 AM PDT By Ambrose Evans-Pritchard China has failed to curb excesses in its credit system and faces mounting risks of a full-blown banking crisis, according to early warning indicators released by the world's top financial watchdog. A key gauge of credit vulnerability is now three times over the danger threshold and has continued to deteriorate, despite pledges by Chinese premier Li Keqiang to wean the economy off debt-driven growth before it is too late. The Bank for International Settlements warned in its quarterly report that China's "credit to GDP gap" has reached 30.1, the highest to date and in a different league altogether from any other major country tracked by the institution. It is also significantly higher than the scores in East Asia's speculative boom on 1997 or in the US subprime bubble before the Lehman crisis. ... ... For the remainder of the report: http://www.telegraph.co.uk/business/2016/09/18/bis-flashes-red-alert-for... ADVERTISEMENT The Gold Mine Barrick Might Regret Having Sold K92 Mining is poised for production at its Papua New Guinea gold project and has just listed on the Toronto Venture exchange under the symbol KNT.V. The gold mining startup came together during one of the toughest periods in mining history. K92's main asset is the Kainantu project, a large high-grade gold resource with extensive infrastructure including underground mine development, a mill processing facility, a fully permitted tailings pond, and paved roads. The infrastructure means K92 can aim to restart mining in the near term with minimal capital costs and seek to grow through cash-flow funded exploration on the roughly 405-square kilometer property, considered prospective for additional discoveries. For more information, please visit: https://ceo.ca/@tommy/the-gold-mine-barrick-might-regret-selling Join GATA here: New Orleans Investment Conference Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
| GATA secretary interviewed on Wesleyan University radio station Posted: 18 Sep 2016 06:42 AM PDT 9:41a ET Sunday, September 18, 2016 Dear Friend of GATA and Gold: Your secretary/treasurer was interviewed about gold market rigging by central banks for about an hour yesterday, with occasional musical relief, on John Way's "The Blue Cafe" program on WESU-FM88.1, the radio station of Wesleyan University in Middletown, Connecticut. The program has been archived at Soundcloud.com here: https://soundcloud.com/johnlway/tbc017_chris-powell-gold-the-value-of-mo... CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT NewCastle Gold's New CEO, Gerald Panneton, Hits the Ground Running By Tommy Humphreys Mining entrepreneur Gerald Panneton took a few years off after building one of Canada's largest gold miners, Detour Gold. He raced performance cars in his down time, and conducted due diligence on various mining assets to potentially back. This summer, the geologist set his sights on NewCastle Gold (TSXV:NCA), owner of a past-producing gold mine in California with similarities to Detour Gold in its early days. ... ... For the remainder of the report: https://ceo.ca/@tommy/new-newcastle-gold-ceo-gerald-panneton-hits-the-gr... Join GATA here: New Orleans Investment Conference Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006: http://www.goldrush21.com/order.html Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009: Help keep GATA going GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: To contribute to GATA, please visit: |
Survival Saturday is a round-up of the week's news and resources for folks who are interested in being prepared.
We are accustomed to looking at Europe's woes in a purely financial context. This is a mistake, because it misses the real reasons why the EU will fail and not survive the next financial crisis.| You are subscribed to email updates from Save Your ASSets First. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
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