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TF Metals Report: TED spread hints at stock fall, gold rise
6:18p ET Thursday, August 11, 2016
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson observes tonight that the spread between U.S. Treasury bill interest rates and interest rates on eurodollar futures -- the TED spread -- is widening, traditionally a signal of growing credit risk. The indicator, Ferguson adds, also correlates with declines in the stock market and rises in gold. Ferguson's commentary is headlined "An Interesting Development for Gold and All Other Markets" and it's posted at the TF Metals Report here:
http://www.tfmetalsreport.com/blog/7794/interesting-development-gold-and...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Gold Standard Intersects 126.2 Meters of 3.95gpt Gold
At North Dark Star Oxide Deposit in Nevada's Carlin Trend
Company Announcement
Tuesday, August 9, 2016
VANCOUVER, British Columbia, Canada -- Gold Standard Ventures Corp. (TSXV: GSV; NYSE MKT:GSV) today announced assay results from the first three step-out core holes at the recently discovered North Dark Star oxide gold deposit on its fully owned and controlled Railroad-Pinion Project in Nevada's Carlin Trend. The results significantly increase the size of the North Dark Star deposit while also enhancing its prospective grade and establishing the orientation of a favorable trend supporting the potential for further expansion of the higher-grade zone.
The primary objective of this year's drill program at North Dark Star was to find a continuation of the high-grade zone discovered in core hole DS15-13 (15.4 meters of 1.85 grams of gold per tonne and 97 meters of 1.61 grams per tonne) at the end of last year's drill program. Hole DS16-08 located 100 meters south of DS15-13 returned multiple, significant, oxidized intercepts containing gold values above the cutoff grade established in the Dark Star NI43-101 resource estimate announced on March 3, 2015. Hole DS16-08 returned a 126.2-meter section grading 3.95 grams per tonne including higher-grade intervals of 44 meters of 4.70 grames per tonne, 17.9 meters of 5.6 grams per tonne, and 7.9 meters of 10.7 grames per tonne.
To see section maps and the drill plan:
http://goldstandardv.com/lp/north-dark-star-drill-results
... For the complete announcement:
http://goldstandardv.com/gold-standard-intersects-126-2m-of-3-95-g-aut-a...
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