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Jan Nieuwenhuijs: Why the gold price is sinking
10:58a ET Friday, March 5, 2021
Dear Friend of GATA and Gold:
Gold researcher Jan Nieuwenhuijs of the Gold Observer argues today that the gold price has been falling because of a rising interest rate on U.S. Treasury bonds but that the Federal Reserve eventually will push real interest rates to negative levels, boosting gold.
Of course some of us who buy food, gasoline, and other things and thus sense far more inflation than is officially reported wonder if real rates aren't already deeply negative.
Nieuwenhuijs' analysis is headlined "Why the Gold Price Is Sinking" and it's posted at the Gold Observer here:
https://thegoldobserver.substack.com/p/why-the-gold-price-is-sinking
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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
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"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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