Gold World News Flash |
- GoldSeek Radio Nugget: Andy Shectman and Chris Waltzek
- With Interest Rate Hikes Coming, Can The Dollar Go Lower?
- Alan Greenspan is Now a Gold Bug? Say What?
- Gold Gets a Shot in the Arm from Inflation and China
- The Return of Stagflation
- The valuation of financial knowledge
- Fukushima Meltdown Disaster will soon Kill Mother Earth
- James Turk Warns Massive Short Squeeze May Send Silver To $20 Within Days!
- If Gold’s A “Barbarous Relic,” Why Do Governments Want It So Much?
- The Deep State: The Unelected Shadow Government
- Gerald Celente on Trump : Baby Boomers Generation Going Bust!
- Gold Seeker Closing Report: Gold and Silver End Near Unchanged in Mixed Trade
- The Great Disrupter Strikes Again
- Rickards: Gold as the New Currency Standard
- Here’s Proof Rising Rates Are Good for Gold
- Bloomberg News Admits The Fed Manipulates Gold
- Turk sees indications of imminent short squeeze in silver
- SWOT Analysis: Perth Mint Reports Rising Sales on Geopolitical Issues
- Gold And The Inflationary Firestorm
- Russia Gold Buying Is Back – Buys One Million Ounces In January
- Gold and Silver Weekly Update
- Chinese firm said to have used tungsten to manufacture fake gold bars
- US Dollar and Gold Battle of the Cycles
- Breaking News And Best Of The Web
- Atlantic Gold: Constructing MRC Is Just the Start of This Growth Story
- Alan Greenspan is Now a Gold Bug? Say What? - Nathan McDonald
- Gold Price 'Struggling' as Trump 'Set to Sway' Fed Interest Rates
| GoldSeek Radio Nugget: Andy Shectman and Chris Waltzek Posted: 22 Feb 2017 07:11 AM PST Andy Shectman of Miles Franklin Institute ($6 billion sales) outlines why every investor should diversify their PMs holdings via an offshore account. In 1933, President Roosevelt announced an executive order designed to confiscate gold that included at $10,000 fine. The gold / silver ETFs are a modern equivalent to the executive order, indirectly confiscating the capital that would otherwise be directed to physical PMs. |
| With Interest Rate Hikes Coming, Can The Dollar Go Lower? Posted: 22 Feb 2017 07:06 AM PST And, once the DXY is able to break down below 100, it significantly increases the probability that we have entered a multi-year correction no matter how many rate increases we see. But, please do take note of the alternative count I have on the DXY, which can still keep it elevated for the next several weeks, before we break down in a bigger way. But, the greater probabilities are starting to lean towards the potential that a multi-year high has been struck. |
| Alan Greenspan is Now a Gold Bug? Say What? Posted: 22 Feb 2017 07:05 AM PST Is 2017 even real? What kind of weird, fantastical twilight zone have we entered into? The world has been turned upside down and I will continue to point out the bizarre and unusual things that continue to be said and acted upon as we go forward. If past results are any future indication, then things are going to get a whole lot weirder. |
| Gold Gets a Shot in the Arm from Inflation and China Posted: 22 Feb 2017 07:02 AM PST Inflation just got another jolt, rising as much as 2.5 percent year-over-year in January, the highest such rate since March 2012. Led by higher gasoline, rent and health care costs, consumer prices have now advanced for the sixth straight month. In addition, January is the second straight month for rates to be above the Federal Reserve's target of 2 percent. |
| Posted: 21 Feb 2017 11:01 PM PST Steve St. Angelo wrote an insightful article relating the silver to gold ratio to the S&P 500 Index. I encourage you to read his articles and analysis. My commentary on the silver to gold ratio:... {This is a content summary only. Click on the blog title to continue reading this post, share your comments, browse the website, and more!} |
| The valuation of financial knowledge Posted: 21 Feb 2017 07:17 PM PST How does one value financial knowledge? Finance as both a topic and industry has been holding huge secrets guarded by the most rich and powerful in the world for hundreds of generations. Why don't they teach these secrets to the masses? It's the same reason a magician doesn't reveal his tricks. But just like children are fascinated with the skilled magician pulling the rabbit out of a hat, adults are fascinated with the financial wizardry of financial experts. We show you in our simple to follow introductory course that finance and investing is not magic. Just like the magician, financial experts simply are well trained, and follow a financial philosophy of their choosing (there are several) such as "Value Investing." Due to the internet, obtaining this knowledge is possible for anyone in any place at any time. It's not necessary to go to an expensive Business school like Harvard or Wharton anymore (although, you won't make high level connections anywhere else) to gain financial knowledge. You can do it in the comfort of your own home. The study of knowledge is known as Epistemology, roughly defined as:
This definition provides a great template of how to understand what is financial knowledge and how to value it. If one knows how to take a dollar and turn it into two – this certainly is priceless. But there's a big spectrum of financial knowledge, ranging from Wall St. genius to understanding personal finance and how to properly file taxes. The problem of the valuation of an investment strategy for example, it is binary – either it works, or it doesn't. The difference between a 15% return and a 17% return is not statistically significant. But how to look at the mathematics of a return, and determine the difference between Bernie Madoff and George Soros? That's priceless. The importance is to understand the 'gestalt' of what markets are, how finance works, that is – practically. Any system can be analyzed and understood by looking at its components and how they behave together. The specialization of finance has confused the larger view, with experts teaching micro-subjects like how to trade Candlestick patterns, or 'how to make money' using these simple tools. Making money is sometimes easy – many people stumble upon good luck and money falls into their hands. Not losing money, that is very difficult – something very few rich people and businesses can achieve. Only a full understanding of how markets operate globally, will make you a great trader – as well, will protect you from losing. Not losing is the big secret to financial success. It's why investors are so concerned about risks. If one can simply not lose, ultimately what's left will be profits and growth. Tools such as understanding risk, and even quantifying risk (as much as possible) are priceless. Building a financial knowledgebase is like building a house; the first step is to make a blueprint (usually by hiring an architect) and laying a strong foundation. By having a strong foundation, the building materials of your knowledge (wood, stone, clay) are not as important. With a 'basement' which is the modern day equivalent of a bunker, you'll be able to withstand any tornado or storm that may rock the markets and the economy. Having a defense line, financially speaking – is the most important tactic in any personal finance strategy. For businesses too, but most business does this intuitively (not relying on a single customer or single product line). Tools like hedging, even if simple – can be extremely powerful. Preppers take things to the extreme but provide a great living example of how everyone should act regarding their financial portfolio – hope for the best and prepare for the worst. A portfolio should be like a castle – capable of withstanding any disaster, war, or siege. It's true that the world's Elite engineer financial disasters like stock market crashes to seize the wealth of the growing middle class. It's like culling the herd for fresh competition. But the good news, seeded into this system are the tools to protect you and even profit. For the first time in history, anyone can access the same tools the Elite have used for centuries to maintain their wealth and seize the wealth of others. This knowledge can also help you in your career, in your business, in your portfolio, or for your retirement. There's never been a better time than now to build financial knowledge for yourself. Whether you are wealthy and want to protect your wealth, or are not and want to grow your portfolio and become wealthy – a solid financial understanding of business and the markets is the first step towards achieving real financial self-actualization. With our system as a whole, top-wards down approach, you'll learn to understand your business better, by understanding where money comes from, how it's exchanged, how it's valued, loaned, securitized, packaged and repackaged. Money has become the most virulent electronic commodity in the world and is the least talked about. Learn FX, and learn how all markets work, and the foundation underpinning the global economy, at Fortress Capital Trading Academy www.fctradingacademy.com Spring into trading special: 35% OFF your first course – use coupon code spring17 to get 35% off.CLICK HERE TO SIGN UP AND TAKE THE COURSE |
| Fukushima Meltdown Disaster will soon Kill Mother Earth Posted: 21 Feb 2017 06:30 PM PST Jeff Rense & Dana Durnford - Fukushima, - Nine Years till end of life on Earth? Anyone who thinks the "9 Years" is fear porn, you should know that there have been several articles talking about human extinction in 2026 but they are saying it's from "climate change". The radiation will heat... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| James Turk Warns Massive Short Squeeze May Send Silver To $20 Within Days! Posted: 21 Feb 2017 06:01 PM PST
Today James Turk told King World News that a massive short squeeze in the silver market may occur within days! An Epic Battle Is Looming |
| If Gold’s A “Barbarous Relic,” Why Do Governments Want It So Much? Posted: 21 Feb 2017 03:02 PM PST Miles Franklin |
| The Deep State: The Unelected Shadow Government Posted: 21 Feb 2017 03:00 PM PST Our government is controlled by a hidden government, in order to stop it, All you have to do is write an angry letter to your local representative or congressman/woman! Not gonna work buddy, They are already bought off. solution *abolish the fed-return to the gold standard *remove all... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| Gerald Celente on Trump : Baby Boomers Generation Going Bust! Posted: 21 Feb 2017 02:30 PM PST February 16, 2016 Trends Forecaster Gerald Celente on the National Intel Report this week to discuss money & credit the EU, and immigration. Rising Interest Rates the Rise of Populism in Europe Celente is still bullish on Gold especially with the debt bubble inflating as never before. Debt... [[ This is a content summary only. Visit http://financearmageddon.blogspot.com http://www.figanews.com for full links, other content, and more! ]]  |
| Gold Seeker Closing Report: Gold and Silver End Near Unchanged in Mixed Trade Posted: 21 Feb 2017 01:22 PM PST Gold held near unchanged in holiday thinned trade yesterday before it dropped down to $1226.30 in midmorning New York trade today and then bounced back to $1238.90 in early afternoon action, but it then drifted back lower into the close and ended with a gain of just 0.06% from Friday's close. Silver slipped to as low as $17.836 and ended with a loss of 0.11%. |
| The Great Disrupter Strikes Again Posted: 21 Feb 2017 01:20 PM PST This post The Great Disrupter Strikes Again appeared first on Daily Reckoning. [Ed. Note: To see exactly what this former Reagan insider has to say about Trump and specifically what he believes must be done, David Stockman is sending out a copy of his book Trumped! A Nation on the Brink of Ruin… And How to Bring It Back out to any American willing to listen. To learn how to get your free copy CLICK HERE.] The talking heads are close to having coronaries on live cable TV owing to the international ramifications of the Donald’s bombast — as displayed again late last week at his now famous press conference. This is allegedly causing grave confusion and doubt among America’s allies in Europe and East Asia. Good! Maybe next time Washington invites the world to join one of its feckless wars, no one will come. At the same time that Trump’s antics are causing a long overdue “existential crisis” inside the Warfare State, they are also certain to trigger the thundering financial crisis that is urgently needed. I am referring, of course, to the impending collapse of the post-election Trump-O-Mania frenzy in the stock market. The fact is, Wall Street has become completely unhinged as it nears a blow-off top. There is nothing left to inflate the bubble except headline reading robo-machines and a few remaining bears who are on death's door desperately scrambling to cover their shorts. Certainly there will be no giant Trump Stimulus to keep the market levitated to the skybox section of history. The “phenomenal” tax plan Trump talked about last week will be dead before arrival (DBA) on Capitol Hill. That’s because without a massive revenue gain from the border adjustment tax (BAT), which is also close to dead, there is no way to fund the $2 trillion corporate rate cut or the $5 trillion cost of that plus “lower brackets for all” that Trump gabbed about during his meeting with the retail industry CEOs last Tuesday. Indeed, absent massive revenues from the border tax, revenue-neutral tax reform will degenerate into a K-Street bloodbath. There are not remotely enough politically palatable loopholes and tax expenditures that can be eliminated in order to pay for the Donald’s fistfuls of tax relief. But with $20 trillion of national debt in place and $30 trillion baked into the cake over the next decade, there is not a snowball's chance in the hot place of enacting a Reaganesque tax cut financed with more debt. The ranks of Tea Party Republicans and Freedom Caucus fiscal conservative simply will not walk the plank for a 10-year budget resolution that would result in a Greek-style public debt at 140% of projected GDP. And rightly so. During the decade of the 2020s, the U.S. will have become a baby-boomers’ retirement colony that would collapse under the weight of so much debt. Still, without a fiscal year (FY) 2018 budget resolution, there will be no “reconciliation instructions” on tax reform; and without the latter, the Senate will become a 60-vote filibuster-driven killing field for tax reform. So I think the implosion is now only days away and certainly by March 15. In short, the robo-machines have “priced-in” a giant corporate tax rate reduction that sell-side snake oil salesman are now building into their earnings forecasts. Taken together, these amount to $15–20 per share on the S&P 500 alone. But it’s never going to happen because in addition to the fiscal barriers described above, the Trump White House is already on the verge of a terminal political crisis — a condition that the Donald’s brilliant, outrageous, meandering, blasphemous press conference last week only intensified. Indeed, that performance qualified Trump for the moniker of the Fidel Castro of American politics. That is, the dear leader who can never stop talking, thereby also assuring that “normality” never returns to the Imperial City. Au contraire. After the presser, plus the travel ban fiasco, the Flynn resignation imbroglio, the massive anti-Trump leaks coming from the bowels of a hostile national security establishment and the renewed media campaign to re-litigate the 2016 elections over the Russian meddling canard, the fledgling Trump Administration is already mortally wounded. The ruling elites are determined to take the Donald down, and whether they succeed or not, it is extremely probable that Washington will grind to a halt — Watergate era style — by early spring. There will be no giant tax cut, but there will be a newsflash at some point soon announcing that very fact. Then the meltdown will begin, and the stock market will run out of buyers because all the robo-machines will be selling the news of breakdown, dysfunction, fracture and crisis in the Imperial City, not Donald Trump’s hopium tweets. At the end of the day, economic recovery and the restoration of honest democracy in America depend upon a 40–50% plunge in the current wildly inflated stock market. It is that event which would finally discredit the monetary central planners at the Fed and destroy the insidious regime of Bubble Finance they have created. The Fed’s absurdly low interest rate policies are savaging the nation’s savers and retirees, and thereby drying up the lifeblood of capitalist prosperity. Likewise, its ridiculous 2% inflation targeting — in a fiercely competitive global economy where U.S. costs and wages are at the top of the scale — is what has caused the massive off-shoring of America’s industrial economy. What is actually needed is free market financial prices and a deflation of domestic wages, prices and costs. Then, too, the Imperial City depends entirely upon the massive debt monetization carried out by the Fed and its central bank camp followers around the world. It needs be recalled once again that when Alan Greenspan began this destructive Bubble Finance regime in 1987, the balance sheet of the Fed stood at just $200 billion. It is now 22X bigger, at $4.4 trillion. That’s a simple but cogent measure of the financial fraud which has permitted the Imperial City to fund the nation’s bloated Warfare State and Welfare State with reckless abandon. Fiscal rectitude will only return when a thundering financial trauma demonstrates to the American public that a money printing central bank is its mortal enemy and that the Fed’s charter to buy government debt and rig interest rates and stock prices must be forever revoked. Nor does the crying need for a restoration of fiscal rectitude end on the banks of the Potomac. All of corporate America is being strip-mined by stock and option obsessed C-suites, which have been turned into dens of financial engineering by the Fed’s Bubble Finance regime. As a result, trillions of cash flow and balance sheet capacity are being diverted into stock buybacks, feckless M&A deals and dividends and other distributions. As a consequence, inflation-adjusted net investment in productive business assets remains 30% below its turn of the century level. In the end, this corrosive process is destroying main street jobs and real wages — even as it showers the 1% with insensible gifts of windfall gains. In Trumped! I presented a chart that summarized the Bubble Finance story of the last 30 years. It shows that the net worth of a bond portfolio manager from Omaha, Nebraska grew by 35X during that interval, while the real income of the median U.S. household ended up a 0.80X of its starting level. That is, it had declined by 20%. Saint Warren Buffet has allegedly pocketed another $1.3 billion from his Apple stock alone in the last few weeks. But unfortunately for Saint Warren and all the others who've benefitted wildly from Bubble Finance, the Great Disruptor is about to bring it crashing down. Regards, David Stockman The post The Great Disrupter Strikes Again appeared first on Daily Reckoning. |
| Rickards: Gold as the New Currency Standard Posted: 21 Feb 2017 09:08 AM PST This post Rickards: Gold as the New Currency Standard appeared first on Daily Reckoning. [Ed note: As political instability continues to rise and market volatility fluctuates, discussions about gold and a new gold standard continue to surface. Economist and currency war expert, Jim Rickards draws on history, theory and personal experience to offer a New Case For Gold. CLICK HERE to learn how to have a FREE copy of the book sent right to your door.] Jim Rickards joined the Business News Network, a Canadian based channel focused on finance and markets, to discuss his views on markets and why the gold standard would offer stability. The bestselling author offered highlights on his take on what to expect from the United States central bank, the Federal Reserve, and why he views gold as a real alternative. When asked about his sense on gold and why we have not seen it take off yet he responded, "I think we are getting close. There are still some strong headwinds around gold. In the very short run, my view is that Janet Yellen will raise rates in March and I do expect that. That's not fully priced in. As that gets priced in, it will make the dollar stronger. The dollar price of gold is just the reciprocal price of the dollar. So if you have a strong dollar, it is a lower dollar price for gold. If you have a weak dollar, it is a higher dollar price for gold.”
Jim Rickards is a New York Times bestselling author who has recently hit the bestseller list again with his book The Road to Ruin. Rickards' is an economist and lawyer who worked on Wall Street and has advised various U.S government intelligence outlets regarding capital markets and offered inside analysis on global currency operations. "The Federal Reserve is tightening into weakness, I do expect Donald Trump to appoint doves. The Fed has flip flopped nine different times since 2013 between "risk on and risk off" where now they are calling it "Trump on, Trump off" where they tighten and then they're going to ease. They literally don't know what they're doing. Right now they're in tightening mode, but I expect by April or May they're going to have to flip flop again with a combination of new appointees and a slowing economy. I would look for ease by then. That will be a "rocket booster" for gold. The host then asked Rickards his sense of exactly why gold she be the new currency standard he remarked, "Look at what's been going on in the currency markets the last couple of years. In January 2015, the euro fell 20% against the Swiss franc in two hours. By August 2015, the Chinese did a shock devaluation of the yuan and lowered its currency 3% against the U.S dollar instantly. June 2016, right after Brexit, the pound sterling fell 14% against the dollar. These are currencies. These are not lottery ticket stocks. Why are currencies moving 5, 10, 15 percent against each other? That means the entire system is unstable." "You are going to have a crack up. It is going to lead to a global liquidity crisis that will be worse than 2008. It is not too late to solve that problem." "We need a frame of reference. The gold standard is one way. You could have a commodity basket, which is what John Maynard Keynes recommended in 1944. There are other solutions, you could even have a dollar anchor is the U.S wants to stand up to its obligations. Right now we have nothing. The system is highly unstable. You should expect a collapse of some sort.”
The host at BNN then posed whether markets and the economy have set themselves up for failure? Rickards' responded, "Financial crises and liquidity crises are different than the business cycle. The business cycle will have ups and downs, we have had a very weak expansion but it has been going on for eight years now. All of that is different from a financial crisis, though sometimes they will come together. In 1987, the stock market crashed 22% in one day. That would be the equivalent of losing 5,000 points on the Dow Jones. There was no economic recession." "In August 1998, we had the Long Term Capital Management (LTCM) crisis where global markets almost came to a complete halt. I negotiated that bailout as counsel to LTCM and had a front row seat. We did not have a recession then either. Sometimes you get financial panic that comes without a recession. Often you get business cycles without a financial panic. Sometimes they come together, as was seen in 2008." "I am much more focused on systemic risk and the possibility of a global liquidity crisis which stands independent of whether the economy is speeding up or slowing down." To catch the full interview on the economy and a gold standard potential with Jim Rickards CLICK HERE. To get your copy of The New Case For Gold CLICK HERE to learn how to have it shipped directly to your door. Regards, Craig Wilson, @craig_wilson7 The post Rickards: Gold as the New Currency Standard appeared first on Daily Reckoning. |
| Here’s Proof Rising Rates Are Good for Gold Posted: 21 Feb 2017 08:46 AM PST John Grandits writes: When the Federal Reserve raised interest rates in December—and then laid out a plan to do so three more times in 2017—theory suggested gold should fall. As gold is a non-yielding asset, the cost of holding it increases as rates rise. However, theory doesn’t always convert into practice. Since the Fed’s decision, gold is up 7.5%—and it’s no anomaly. |
| Bloomberg News Admits The Fed Manipulates Gold Posted: 21 Feb 2017 08:38 AM PST "Yellen Can't Halt Trump Gold Rally That Funds Bet Against" – That was the headline in a Bloomberg news report that was released on Sunday afternoon. There's a lot going on in that headline – none of it accurate except for the fact that gold is moving higher despite the efforts of western Central Banks to cap the price. |
| Turk sees indications of imminent short squeeze in silver Posted: 21 Feb 2017 07:48 AM PST 10:50a ET Tuesday, February 21, 2017 Dear Friend of GATA and Gold: GoldMoney founder and GATA consultant James Turk, in comments posted today at King World News, describes indications of an imminent short squeeze in silver as investment banks that are short the metal struggle to keep it below $18. Turk's comments are posted at KWN here: http://kingworldnews.com/james-turk-warns-massive-short-squeeze-may-send... CHRIS POWELL, Secretary/Treasurer ADVERTISEMENT Buy metals at GoldMoney and enjoy international storage GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit: http://www.goldmoney.com/?gmrefcode=gata Join GATA here: Dollar Vigilante Internationalization and Investment Summit Mining Investment Asia Mines and Money Asia * * * 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: |
| SWOT Analysis: Perth Mint Reports Rising Sales on Geopolitical Issues Posted: 21 Feb 2017 07:35 AM PST The best performing precious metal for the week was silver, up 0.31 percent, just edging out the gains in gold. Bloomberg reports that China's holdings of U.S. Treasuries have dropped by the most on record last year. The second-largest economy has been seeking to rely less on U.S. currency. Japan, which is the largest holder of Treasuries, also sold nearly $202 billion in Treasuries last year. |
| Gold And The Inflationary Firestorm Posted: 21 Feb 2017 07:21 AM PST The upcoming March 15 debt ceiling and rate hike fireworks show is just one of many reasons to own gold, silver, and high quality gold stocks for both the short and long term. Please click here now. Double-click to enlarge this silver chart. Silver price enthusiasts who want to be on board for a big upside ride as corporations pass on wage inflation to consumers should be eager buyers in the $17.25 area! |
| Russia Gold Buying Is Back – Buys One Million Ounces In January Posted: 21 Feb 2017 06:20 AM PST Russia gold buying returned in January with the Russian central bank buying a very large 1 million ounces or 37 metric tonnes of gold bullion. The increase in the gold reserves came after Russia did not buy a single ounce in December – a move seen as potentially a signal or an olive branch to the U.S. and the incoming Trump administration. |
| Posted: 21 Feb 2017 06:10 AM PST Technical analyst Jack Chan charts the latest moves in the precious metals sector. |
| Chinese firm said to have used tungsten to manufacture fake gold bars Posted: 21 Feb 2017 04:52 AM PST Shanghai Gold Exchange Denies Connection with Fraudulent Manufacturer By Leng Cheng The Shanghai Gold Exchange today denied a media report that it was connected with a supplier that has allegedly cheated loans with fake gold bars. A Caijing magazine report on Monday accused Boyuan Mining Co., a metal producer based in Lingshan, Henan Province, which used to produce gold-plated tungsten bars, has caused loss of more than 10 billion yuan (US$1.45 billion) during the past decade through fraud. The report referred the producer as one of the suppliers of Shanghai Gold Exchange since 2010 due to its expansion on assembly lines of gold production. "Boyuan Mining Co. is not on the list of licensed suppliers," said an announcement made by the exchange. "Gold ingots, gold bars, and silver ingots traded on the Shanghai Gold Exchange have gone through strict inspections." ... The Caijing report said that Boyuan Mining Co. managed to produce a type of gold-plated tungsten bars weighing five kilograms with 62 percent tungsten and 38 percent gold since 2005. The bullion price surged more than 30 percent in 2007, marking its biggest rise since 1979. Caijing said the company used those fake gold bars as collateral to obtain loans from several credit unions in both Henan Province and Shaanxi Province. Main suspects were detained by the police in May 2016, the report added. ... ... For the remainder of the report: http://www.shanghaidaily.com/business/Shanghai-Gold-Exchange-denies-conn... ADVERTISEMENT 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 Join GATA here: Dollar Vigilante Internationalization and Investment Summit Mining Investment Asia Mines and Money Asia * * * 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: |
| US Dollar and Gold Battle of the Cycles Posted: 21 Feb 2017 02:09 AM PST Nothing has changed from my last post on this pair. I mentioned we should expect some backtesting and that is what I am seeing on the charts. This should be expected, IMO as both are at a key inflection point in their longer Intermediate Cycles and the battle is on. https://surfcity.co/2017/02/15/usd-and-gold-update/ |
| Breaking News And Best Of The Web Posted: 21 Feb 2017 01:37 AM PST US stocks open at record high. Inflation is spiking on stronger growth, higher oil. Fed likely to raise interest rates next month. Gold and silver down from multi-week highs. Trump national security adviser scandal evolving. Debate over Putin and fake news intensifies. Best Of The Web The four horsemen of the retirement Apocalypse – […] The post Breaking News And Best Of The Web appeared first on DollarCollapse.com. |
| Atlantic Gold: Constructing MRC Is Just the Start of This Growth Story Posted: 21 Feb 2017 12:00 AM PST The Critical Investor profiles Atlantic Gold, which expects to commission its Moose River gold mine in Nova Scotia by the end of this year. |
| Alan Greenspan is Now a Gold Bug? Say What? - Nathan McDonald Posted: 20 Feb 2017 09:08 PM PST Sprott Money |
| Gold Price 'Struggling' as Trump 'Set to Sway' Fed Interest Rates Posted: 20 Feb 2017 04:00 PM PST Gold prices fell below $1230 per ounce in London trade Tuesday morning, losing 1% from last week's finish as US traders returned from the President's Day holiday focused on how Donald Trump and rising inflation could see the... |
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