Zero Hedge: This steadily winning trade suggests central bank intervention

Section:

11:40a ET Thursday, November 19, 2020

Dear Friend of GATA and Gold:

Zero Hedge today presents more powerful evidence suggesting daily intervention in the U.S. stock markets to keep prices elevated. Maybe someone should start an investment fund based on the insight about this intervention.

Zero Hedge writes that the "buy-at-the-open, sell-at-the-close strategy" for the S&P 500 has not produced any gain since May, but "the buy-at-the-close, sell-at-the-open strategy is up a stunning 660 points over the same period."

Attention, mainstream financial journalists: Please don't mess up this trade by asking central banks any questions about it. That might lead you to questions about their interventions in the monetary metals markets, and you wouldn't want to offend them.

The Zero Hedge posting is headlined "WTF Chart of the Day" and it's here:

https://www.zerohedge.com/markets/wtf-chart-day

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


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Asante Gold Announces Kubi 3D Model
Extends Gold Mineralizing System

Company Announcement via Globe Newswire
Thursday, July 2, 2020

VANCOUVER, British Columbia, Canada -- Asante Gold Corp. (CSE:ASE / Frankfurt:1A9 / U.S.OTC: ASGOF) has received the results of 3D magnetic modeling completed over its Kubi mining lease in the Ashanti Gold Belt in Ghana.

The results show that the Kubi Main Zone gold resource is intimately associated with and interfingers the western sheared contact of a magnetic high feature that plunges to more than 2 kilometers in depth. Here is the 3D model video:

http://www.asantegold.com/assets/Video/SEMSpitMagSmthCore.mp4

In Ghana, Africa's largest gold producer, many big mines are located along northeast-trending regional shear systems that exceed 250 kilometers in length. Studies indicate that the hydrothermal gold mineralizing system that generated the Ashanti Gold Belt deposits was "gigantic and extended to at least 10 to 15 kilometers in depth" (Schmidt Mumm et al., 1996). The Ashanti shear zone hosts the largest single gold resource in Ghana, the 66-million-ounce Obuasi mine. This major shear zone cuts Kubi 15 kilometers southwest of Obuasi. ...

... For the remainder of the announcement:

https://www.globenewswire.com/news-release/2020/07/02/2056982/0/en/Asant...


Toast to a free gold market
with great GATA-label wine

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http://www.gata.org/files/GATA-4-wine-bottles.jpg

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Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

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-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

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