You are here
LBMA pledges 'transparency,' so where are the gold swaps and leases?
11:08a ET Wednesday, September 20, 2017
Dear Friend of GATA and Gold:
Writing in the September issue of the World Gold Council's Gold Investor newsletter, London Bullion Market Association Chief Executive Ruth Crowell writes that the organization is committed to delivering transparency and so its members will disclose their transactions with governments, central banks, and the Bank for International Settlements, including gold swaps, leases, and gold-related derivatives.
Crowell's essay is headlined "LBMA -- Delivering Transparency and Integrity" and is posted at the World Gold Council's internet site here --
https://www.gold.org/research/gold-investor/gold-investor-september-2017...
-- and if you believe this preface or anything the LBMA says about "transparency and integrity," you shouldn't have anything to do with gold, which remains, with the LBMA's help, the secret knowledge of the financial universe.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
NuLegacy Identifies New Gold Zone at Red Hill Property
Company Announcement
Wednesday, September 13, 2017
NuLegacy Gold Corp. reports that it has discovered another important gold zone on its 38-square-mile flagship Red Hill property in Nevada's Cortez gold-trend, one of the world's premier gold mining jurisdictions.
Hole VIO17-01, drilled into the "VIO" zone, which is over 4 kilometers east of the Iceberg gold deposits, returned 33.5 meters (110 feet) of 0.65 grams/tonne gold and 5.5 grams/tonne silver starting at 99.2 meters and includes 9.1 meters (30 feet) of 1.8 grams/tonne gold and 17.6 grams/tonne silver.
"The gold encountered in this drill intercept appears to be epithermal-style gold mineralization, an entirely different deposit type from that of our Carlin-style gold deposits," NuLegacy CEO James Anderson said. "This is an exciting new development for building potential gold resources at Red Hill."
... For the remainder of the announcement:
http://nulegacygold.com/s/News.asp?ReportID=802546&_Type=News&_Title=NuL...
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2017/07/NOIC2017_powe...
Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/
* * *
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:
