You are here
Dave Kranzler: Metals bashed as in 2008 to hide dangerous weaknesses
12:38p ET Wednesday, August 15, 2018
Dear Friend of GATA and Gold:
Gold and silver are being bashed by central banks, Dave Kranzler of Investment Research Dynamics writes today, just as they were in 2008 -- to try to mask dangerous weaknesses in the world financial system.
"While evidence of a declining gold price can be seen with Comex futures prices and the daily London gold price 'fix,'" Kranzler writes, "the Bank for International Settlements is operating in the physical market to increase the supply of physical gold available for bullion banks on the hook to deliver physical gold to the countries buying large quantities of physical gold on a daily basis. As long as the BIS can ensure that the flow of physical gold remains uninterrupted, the demand for physical gold will not offset the effort to take down the price of gold in the paper derivatives markets."
Kranzler's analysis is headlined "Gold and Silver: Similar to 2008" and it's posted at IRD here:
http://investmentresearchdynamics.com/gold-and-silver-similar-to-2008/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Juggernaut Commences Inaugural Drill Campaign on Its Midas Property
Company Announcement
via Globe Newswire
Tuesday, August 7, 2018
Juggernaut Exploration Ltd. (JUGR.V) reports that it has commenced diamond drilling with the addition of a second rig for the Midas property located near Terrace, British Columbia, Canada. The IP geophysical program on its Midas property is also underway.
Based on new exploration results Juggernaut is ramping up the drilling with the construction of up to 20 pads across both properties targeting multiple new discovery zones with up to three or more holes per pad. ...
Dan Stuart, director, president, and CEO of Juggernaut, says: "The 2018 program is off to a great start and has already exceeded our expectations with multiple new mineralized zones being discovered so early on, further demonstrating the enormous untapped potential of both the Empire and Midas properties. Both properties are 100-percent controlled and located in a world-class geological setting in close proximity to infrastructure. We look forward to reporting drill results once assays have been received, complied, and interpreted." ...
For the remainder of the announcement:
https://globenewswire.com/news-release/2018/08/07/1547980/0/en/Juggernau...
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
http://neworleansconference.com/wp-content/uploads/2018/07/NOIC_2018_Pow...
* * *
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:
