Matterhorn's Piepenburg at KWN: Investors are starting to perceive metals market rigging

Section:

12:40p ET Sunday, February 7, 2021

Dear Friend of GATA and Gold:

In analysis posted at King World News, Matthew Piepenburg of Matternhorn Asset Management in Switzerland writes that investors are starting to recognize that market rigging by central banks may be most heavy-handed in the gold and silver markets.

Piepenburg writes: "If the global trade in paper gold is greater than $70 trillion a year, yet the annual mine production of gold is just over $200 billion, do you think there might be a bit of overlooked leverage as well as a massive disconnect between the paper price and the physical value of gold? ...

... Dispatch continues below ...


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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...



"Or how about the fact that gold makes up just a half percent of global financial investments yet the trade volume of gold among the London Bullion Market Association banks is greater than the S&P trade volume?"

Piepenburg's analysis is headlined "Swiss Firm Issues Major Warning About QE-to-Infinity, Gold, Silver, and the Great Reset" and it's posted at KWN here:

https://kingworldnews.com/qe-to-infinity-gold-silver-and-the-great-reset...

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

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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 --

https://www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651...

-- 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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