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Overindebtedness can be resolved only by hyperinflation or hyperdeflation, Embry says
Or maybe by Venezuela-style rationing, shortages, and totalitarianism.
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12:03p CT Monday, October 24, 2016
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News today that the overindebtedness of the United States and indeed the entire world foretell either hyperinflation or catastrophic debt deflation even as gold and silver prices are grossly suppressed by government intervention. An excerpt from Embry's interview is posted at KWN here:
http://kingworldnews.com/paul-volcker-surfaces-and-what-the-elites-are-t...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Sandspring Resources Commences 2016 Exploration Campaign
Company Announcement
August 17, 2016
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...
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