Sunday, January 29, 2017

Gold World News Flash

Gold World News Flash


Chaos at the border as Trump's immigration ban begins

Posted: 28 Jan 2017 09:00 PM PST

 Oscar-nominated Iranian director is blocked from attending awards ceremony, airlines across the globe eject Muslim travelers and scores are in limbo at U.S. airports under Trump's immigration ban The Financial Armageddon Economic Collapse Blog tracks trends and forecasts ,...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

Mnuchin dims banks' hopes he will allow a proprietary-trading revival

Posted: 28 Jan 2017 06:55 PM PST

By Elizabeth Dexheimer
Bloomberg News
Saturday, January 28, 2017

Steven Mnuchin made clear he doesn't want Wall Street banks getting back into the business of making risky market bets with their own capital, after Senate Democrats pushed him to clarify his responses to questions they asked during his confirmation process to be Treasury secretary.

In written remarks to lawmakers, Mnuchin said that even banking units that lack a government backstop should be restricted from making speculative trades. At issue is the Volcker Rule, a contentious provision in the 2010 Dodd-Frank Act that sought to prevent lenders from putting federally-insured deposits at risk through wagers on stocks, bonds and other assets.

"A legal distinction between the insured and non-insured entity is an important factor in eliminating risky activities within the institution that has" insured deposits, Mnuchin said in an amended response to a senator's question about Volcker. "I do not believe that the uninsured entity should be able to perform proprietary trading." ...

... For the remainder of the report:

https://www.bloomberg.com/politics/articles/2017-01-28/mnuchin-dims-bank...



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At 3 Aces Project, Golden Predator Finds 7.5 Meters of 33 Grams-Per-Tonne Gold


Company Announcement
Thursday, January 19, 2017

VANCOUVER, British Columbia, Canada -- Golden Predator Mining Corp. (TSX.V: GPY; OTCQX: NTGSF) is pleased to report assay results for the first 13 holes of a total of 54 holes completed in the winter 2016 drill program at the 3 Aces Project in southeastern Yukon Territory.

Drilling has demonstrated an extension of high-grade gold at the Ace of Spades zone, as well as the exciting discovery of a blind vein and the occurrence of significant assay values in stockwork zones.

Significant results reported at true width include:

-- Hole 3A16-RC-032 intersected 7.54 meters of 32.86 grams per tonne gold from a depth of 16.76 meters, including 0.54 meters of 252 grams per tonne gold; and a new blind vein at a depth of 71.63 meters returned 3.23 meters of 10.04 grams per tonne gold. (The hole ended in mineralization. ...

For the remainder of the announcement:

http://www.goldenpredator.com/_resources/news/nr_2017_01_19.pdf



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Nigel Farage Demolishes EU President - You're A Threat To NATO, Not Trump

Posted: 28 Jan 2017 06:00 PM PST

Nigel Farage was born on April 3, 1964 in Farnborough, Kent, England as Nigel Paul Farage. He has been married to Kirsten Mehr since November 1999. They have two children. He was previously married to GrĂ¡inne Clare Hayes. The Financial Armageddon Economic Collapse Blog...

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The Trap Is Set: "Both Sides Are Utterly Unprepared For What's Coming"

Posted: 28 Jan 2017 05:45 PM PST

Submitted by Mac Slavo via SHTFPlan.com,

If there’s one thing that should be absolutely clear in the current political environment in America, it’s that  there exists a deep division between the people of this nation. Both of sides of the aisle argue vehemently about what’s best going forward, sometimes to the point of physical violence. And though the election of President Donald Trump speaks volumes about the sentiment of Americans, the following video report from Storm Clouds Gathering warns that both sides are utterly unprepared for what’s coming.

Is Trump going to usher in a new era of prosperity and innovation?

 

Or is he going to be the one standing in the center ring when the circus tent comes down?

 

 

Some voted for Trump as a political Molotov cocktail… Trump is a business man, you say… He’s going to make things happen… cut taxes…cut regulation… invest a trillion dollar in infrastructure… punish companies that move factories overseas… rebuild the military… restore relations with Russia… start a trade war with China… and a new arms race would create jobs… there’s a lot to unpack there… and those debates are worth having.

 

However, much of this hinges on a variable that Trump doesn’t control… The Federal Reserve.

 

…Word is, the Fed is leaning towards increasing interest rates aggressively in 2017 and may engage in anti-inflationary measures to offset Trump’s infrastructure plans… that means the flow of money and credit is about to be tightened…

 

It also means the Fed is setting itself up for a showdown.

Watch the full video:

Ron Paul: Dollar Crash Coming Soon - Trump Can't Stop It!

Posted: 28 Jan 2017 03:00 PM PST

 Ron Paul recently warned of the coming economic collapse on The Alex Jones Channel during an interview. As he put it, "There will be run-away inflation before people wake up." Josh Sigurdson breaks down his warning and how the dollar crash is imminent. Of course this has nothing to do with...

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Mr Doom's End Times Report & Current Events (Jan 28, 2017)

Posted: 28 Jan 2017 02:30 PM PST

Aren't there too many humans on our poor planet as it is? We behave like viruses. Let's just hope something wipes out a massive amount of us, before this planet and its creatures are destroyed by the human virus The Financial Armageddon Economic Collapse Blog tracks trends and forecasts ,...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

The SPEECH that WON Donald Trump the ELECTION

Posted: 28 Jan 2017 01:30 PM PST

 What will happen in 2017? For Economic, Gold, Silver Prices, US & World Economy, Debt, Dollar, Currencies & Stock Market Predictions on Collapse, Crisis and Crash by Top Economists and Investors - Please see my channel for more outlooks and forecasts! The Financial...

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War on Cash -- Demonetization and You

Posted: 28 Jan 2017 01:00 PM PST

Demonetization. Cashless payments. Biometrics. Can you connect the dots? Join James today on The Corbett Report as he uncovers the truth about India's recent demonetization and follows the trail to the coming cashless biometric control grid. The Financial Armageddon Economic Collapse...

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Silver Lining of the 'Violent, Stunning, Historic Collapse of Palladium' and How to Profit from It

Posted: 28 Jan 2017 10:02 AM PST

Palladium took a dive this week, and Chen Lin, author of the popular newsletter What Is Chen Buying, What Is Chen Selling?, explains what happened and how investors can profit from the drop. This is President Trump's first week in office and a huge week for the stock market. However, not many noticed the palladium futures market experienced the "violent, stunning, historic collapse," according to the well-known market commentator Dennis Gartman, the "commodity king." Let's drill down to exactly what happened.

Breaking , President Donald Trump Weekly Address Today 1/28/17

Posted: 28 Jan 2017 10:00 AM PST

Regardless how people feel about President Trump he is a man of action. He's working to keep promises made. Anything he can't do he'll explain why. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative...

[[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]

Post series: The myth of the strong dollar policy, Part Two

Posted: 28 Jan 2017 09:24 AM PST

USA Gold

Hollywood takes on Bre-X, but the real story behind 'Gold' is crazier than fiction

Posted: 28 Jan 2017 06:03 AM PST

By Tony Seskus and Amanda Stephenson
Calgary Herald
Thursday, January 26, 2017

It's often been said that the story of Calgary's Bre-X Minerals had all the makings of a Hollywood script: gold, love, betrayal, and an enduring mystery.

Two decades after the stock-market darling was declared a colossal hoax, the mining firm's amazing tale is finally getting the celluloid treatment -- though loosely based on true events.

In Tinseltown's take, called "Gold," the producers swap Reno, Nevada, for Calgary, and Matthew McConaughey for stocky executive David Walsh.

But whatever embellishments the scriptwriters added, they needn't have bothered.

The true story behind Bre-X -- a $3-billion swindle that ruined countless lives -- remains an epic tale of deceit, greed, and ruin. ...

... For the remainder of the report:

http://calgaryherald.com/business/local-business/bre-x-the-real-story-be...



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Storage and Withdrawal of Gold with Bullion Star in Singapore

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Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/



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Marina Bay Sands, Singapore
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HFT trading radio towers defeated by local council in UK

Posted: 28 Jan 2017 05:34 AM PST

Dover Council Rejects Bid by High-Frequency Trading Firms
to Build Two Radio Masts Taller than the Eiffel Tower

By Rachel Millard
Daily Mail, London
Friday, January 27, 2017

Flash traders have had their bid to build a giant telecoms mast on the Kent coast turned down by councillors.

Dover District Council rejected the bid by two secretive American high-frequency trading firms to build two masts taller than the Eiffel Tower, which is 1,063 feet high to its tip.

Vigilant Global -- which is owned by Chicago trading firm DRW -- and New Line Networks -- which is part owned by New York firm Jump Trading -- wanted to each build a radio mast in Richborough, north of Sandwich, to increase trading speeds between London and Frankfurt.

... Dispatch continues below ...



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K92 Mining Drills Multiple High-Grade Gold Intersections

Company Announcement
Friday, January 27, 2017

K92 Mining Inc. (TSXV–KNT) announces the latest results from the ongoing grade control drilling program at its high-grade Kainantu Gold Mine in Papua New Guinea. K92 is ramping up the Kainantu gold mine toward commercial production, with its longest continuous production run to date now commenced.

In September 2016 K92 began a campaign of close-spaced underground diamond drilling as part of a comprehensive grade-control strategy. The current grade-control drilling program is focused on the areas of Irumafimpa and is designed to bring a high degree of confidence to the production planning and scheduling. K92 plans to mine this area in the coming six months. The closed-space drilling pattern of approximately 15 metres by 15 meters has significantly increased the confidence in this sparsely drilled area, with most holes recording high-grade intersections. Approximately 80 percent of the holes completed to date have recorded multiple high-grade intersections indicating the presence of multiple parallel to sub parallel high-grade veins. ...

... For the remainder of the announcement:

http://www.k92mining.com/2017/01/k92-drills-multiple-high-grade-gold-int...



The masts hold satellite dishes that can pick up microwave signals that update the traders on the latest stock prices. These masts are utilised by high-frequency traders who use powerful computers to trade huge volumes at high speeds.

Information sent by microwave signals are quicker than cables, which run along the ground, by fractions of a second. But this minuscule bit of extra speed enables the traders to make money by buying and selling ahead of their rivals. ...

... For the remainder of the report:

http://www.dailymail.co.uk/money/article-4165760/Flash-boys-defeated-1-0...

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Join GATA here:

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
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Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://tinyurl.com/h5u38pv

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

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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:

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Breaking News And Best Of The Web

Posted: 28 Jan 2017 01:37 AM PST

US stocks mixed, gold and silver near three-week low. President Trump begins with flurry of changes to Obamacare and NAFTA, meets with UK prime minister and speaks to Mexican president. Earnings season starting well for banks and miners. Global debt continues to soar, especially in China. Fake news debate rages. Marine Le Pen gets a […]

The post Breaking News And Best Of The Web appeared first on DollarCollapse.com.

Top Ten Videos — January 28

Posted: 27 Jan 2017 04:01 PM PST

What will gold do if Trump orders a Fed audit? What happens to China when its debt bubble bursts? What happens to the Netherlands…they’d like to know.                      

The post Top Ten Videos — January 28 appeared first on DollarCollapse.com.

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