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Michael Oliver suspects, Paul Roberts denounces gold market rigging
10:45p ET Wednesday, November 30, 2016
Dear Friend of GATA and Gold:
In commentary at King World News, Michael Oliver of Momentum Structural Analysis sees the recent lockdown of the gold price as evidence of market manipulation:
http://kingworldnews.com/michael-oliver-conspiracy-theorists-would-use-t...
Interviewed by USA Watchdog's Greg Hunter, former Assistant Treasury Secretary Paul Craig Roberts couldn't be more direct about it. "The markets are all rigged," Roberts says. "So when you try to look at the markets in traditional ways such as price-earnings ratios, earnings growth, sales growth, or any things like this, they don't know anything because the Federal Reserve has probably the largest trading desk in the world. They can trade anything, in fact, everything, and they have no limits on their pocketbook. ...
"For the Fed to protect the dollar's exchange value from the massive outpouring of dollars that the Fed created to buy all the bonds, they had to stop the dollar from falling in relation to gold. So they have to sell massive amounts of gold shorts in the futures markets. This is how they knock the gold price down. ..."
Roberts' interview is posted at USA Watchdog here:
http://usawatchdog.com/fake-news-list-death-knell-for-msm-paul-craig-rob...
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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