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Alasdair Macleod: Credit cycles and gold

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, December 1, 2016

The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold.

This is because President-elect Trump has stated he will implement infrastructure investment and tax-cut policies. If he pursues this plan, it will lead to larger fiscal deficits, and higher interest rates. The global aspect of the markets recalibration focuses on the strains between the dollar on one side, and the euro and the yen on the other, both still mired in negative interest rates. The capital flows obviously favor the dollar, and are putting the euro currency markets under considerable strain. ...

... For the remainder of the report:

https://wealth.goldmoney.com/research/goldmoney-insights/credit-cycles-a...



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K92 Drilling Significantly Upgrades Predicted Grade
and Contained Ounces in First 2 Planned Production Stopes

Company Announcement
Wednesday, November 30, 2016

K92 Mining (TSXV:KNT) is pleased to announce the initial results from the ongoing grade control drilling program at its high-grade Kainantu Gold Mine, which is currently in the start-up phase. The results have significantly increased both the predicted grade and contained gold ounces in the first two planned production stopes.

Highlights include:

-- A grade increase from 5.82 grams per tonne gold in the original AMDAD Stope Model to 9.21 grams per tonne.

-- Combined ounces in the two stope designs increase from 1,550 ounces of gold to 2,390 ounces.

-- Intercepts include 102 grams per tonne gold over 1.1 meters and 9.21 grams per tonne over 0.5 meters in GCDD 002, and 30.19 grams per tonne gold over 2.5 meters in GCDD 001. ...

...For the remainder of the announcement:

http://www.k92mining.com/2016/11/6114/



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