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Alasdair Macleod: The yuan oil futures contract's implications for gold
10:43a ET Saturday, March 3, 2018
Dear Friend of GATA and Gold:
In a three-minute video posted at YouTube yesterday, GoldMoney research director Alasdair Macleod explains the connection between gold and the oil futures contract priced in yuan that China will begin offering on March 26. The contract, Macleod explains, is part of the general movement away from the U.S. dollar by China, Russia, and other Asian countries. The video is headlined "Oil-Yuan Futures to Start Later in the Month -- Implications For Gold" and can be seen here:
https://www.youtube.com/watch?v=UYHb76Oo1RE&t=14s
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Peat Resources Ltd. Engages Better Chain S.L.
in Launch of Cobalt Blockchain Project
Company Announcement
Thursday, March 1, 2018
TORONTO -- Peat Resources Ltd. (TSXV: PET) is pleased to announce that it has engaged Better Chain S.L. in the launch of the company's project to provide a blockchain-based platform to demonstrate compliance of cobalt and other minerals (the Cobalt Blockchain Project) with international standards on responsible procurement.
"Manufacturers and end-users are demanding more transparency on the origin of minerals to ensure compliance with international standards and that all materials procured are conflict- and child-labor-free," said Lance Hooper, Peat's president and chief operating officer. "To help meet these demands we are pleased to welcome Better Chain to the Cobalt Blockchain Project. Their wealth of experience will add immense value to our efforts in developing an integrated platform for mineral supply chains with an immediate focus on unlocking the potential of ethically-sourced cobalt from the Democratic Republic of the Congo." ...
Peat Resources Ltd. is a Canadian resource company expanding its exploration and development business to include interests in cobalt and other mineral assets, with existing licenses for conflict-free mineral and metals provisioning in the DRC, and exploring distributed ledger technology-based certification to ensure a socially-responsible cobalt supply chain with the Cobalt Blockchain Project. ...
... For the remainder of the announcement:
https://ceo.ca/@newswire/peat-resources-limited-engages-better-chain-sl-in
Join GATA here:
Mining Investment Asia
Monday-Wednesday, March 26-28, 2018
Marina Bay Sands, Singapore
https://www.mininginvestmentasia.com/
Mines and Money Asia
Tuesday-Friday, April 3-6, 2017
Hong Kong Convention and Exhibition Centre
https://asia.minesandmoney.com/
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