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Stefan Gleason: Fed's crypto plans may turn bitcoin bulls into gold bugs
By Stefan Gleason
Money Metals News Service, Eagle, Idaho
Tuesday, March 23, 2021
The globalist push for central bank digital currency is ramping up.
On Monday, Federal Reserve Chairman Jerome Powell spoke at a virtual "Innovation Summit" hosted by the Bank for International Settlements, the central bank for central banks around the world.
... Dispatch continues below ...
Granada Gold Discovers High-Value Rare Earth and Alkali Metals
Tuesday, March 23, 2021
ROUYN NORANDA, Quebec, Canada -- Granada Gold Mine Inc. (TSXV: GGM) is pleased to announce the significant discovery of scandium, rubidium, and cesium on the Big Claim of the Granada Gold Mine property in Quebec, Canada.
Results are preliminary and full core lengths have not yet been assayed in two holes drilled at the north of the Big Claim.
The company encountered unusual facies of altered rock, which has been sampled in portions of the drill core. The mineralized portions of the core have been assayed for 56 metals. Additional assays are pending.
Portions of drill holes GR-20-20 and GR-20-22 were sampled. Assays for GR-20-22 are still pending. Based on recent assays for intervals sampled, the intervening intervals are being sent for assay to create a complete picture.
Highlights of drill hole GR-20-20:
-- 13.5 ppm Cs, 101.8 ppm Rb, 21 ppm Sc over 12 meters from 351 meters to 363 meters.
-- 3.5 ppm Cs, 69.1 ppm Rb, 13.8 ppm Sc over 98 meters from 451 meters to 549 meters.
-- 1.1 ppm Cs, 42.1 ppm Rb, 12.2 ppm Sc over 15 meters from 573 meters to 588 meters. ...
... For the remainder of the announcement:
Powell aimed his remarks specifically at digital currencies. And he made it clear that Bitcoin and other privately circulating crypto coins should not be allowed to supplant government-controlled fiat notes.
Clearly, Bitcoin's recent surge to a market capitalization of $1 trillion set off alarms within the global central banking cabal. The prospect of cryptocurrencies becoming widely used in commerce and trade poses an existential threat to the world monetary order.
Powell derided cryptocurrencies: "They're highly volatile and therefore not really useful stores of value, and they're not backed by anything."
Some sound money advocates would actually agree with those criticisms. But considering the source -- a man who has digitally printed trillions of currency units "not backed by anything" and vowed to make them less valuable over time via inflation -- they come off as disingenuous. ...
... For the remainder of the commentary:
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