You are here

Bill Murphy: Isn't it strange? Monetary metals trading goes from violent to comatose

Section: Daily Dispatches

From "Midas" commentary
By Bill Murphy
www.LeMetropoleCafe.com
Monday, June 17, 2019

What will go on in the gold/silver markets will depend on what the Gold Cartel has in mind and what they can get away with. Their designs are well advertised for the public to see -- those who want to anyway.

The bull camp is best represented by the physical market and whether it is strong enough to assist speculative longs to hold their ground. ...

What is remarkable and not discussed in gold/silver land is how both precious metals can trade in such violent fashion, as they did Friday, and then go comatose as they did today on the Comex, which is just what occurred following the initial flurries. It is just not normal. ...


ADVERTISEMENT

Crystal Lake Mining's Discovery Team Outlines
Chachi Corridor Copper-Gold Target At Newmont Lake Project


Company Announcement
Wednesday, June 12, 2019

VANCOUVER, British Columbia, Canada -- Crystal Lake Mining Corp, (TSXV: CLM; OTC: SIOCF; FSE: SOG-FF) announces that a large copper-gold porphyry target area, with high-grade gold potential, has been outlined on the eastern side of the company's Newmont Lake Project in northwest British Columbia's Eskay Camp.

The northeast trending Chachi Corridor along the McLymont fault system has a current strike length of greater than 8 kilometers by 3 kilometers wide as defined by an extensive review of historic data including rocks, soils, and geophysics. The entire corridor, which features astonishing glacial retreat, is notably underexplored and will be one of several primary areas of focus for the 2019 summer exploration program, now underway.

The Chachi Corridor begins approximately 6 kilometers northeast of the historic Northwest Gold zone and 20 kilometers northeast of Crystal Lake's recent drilling discovery at Burgundy Ridge, underscoring both the scale and potential of the entire 430-square-kilometer Newmont Lake Project located in the heart of the Golden Triangle. ...

For the remainder of the announcement:

https://crystallakemining.com/crystal-lake-minings-discovery-team-outlin...



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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16