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Prices paid to producers in U.S. increase more than forecast
Counterintuitively enough, gold prices fell.
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By Olivia Rockerman
Bloomberg News
Thursday, August 12, 2021
Prices paid to U.S. producers rose in July by more than expected, suggesting that higher commodity costs and supply bottlenecks are still adding to inflationary pressures for companies.
The producer price index for final demand increased 1% from the prior month and 7.8% from a year earlier, Labor Department data showed today. Excluding volatile food and energy components, the so-called core PPI also rose 1%, a second-month of record gains.
... Dispatch continues below ...
Good Mining Exploration Resumes Search
for Gold at Golden Target Project in Ontario
Company Announcement
Wednesday, July 28, 2021
Good Mining Exploration Inc., a private, junior mining exploration company, has restarted its exploration efforts for economic gold deposits in its Golden Target Project. The GT is within the Timmins gold camp just south of Matheson, Ontario, on the Arrow fault, close to the prolific Destor Porcupine Fault zone.
Good Mining Exploration continues to hold 100 percent of the mining rights associated with the GT, a contiguous land package of 726 claim cells covering approximately 13,676 hectares.
(This announcement was approved by Joel Scodnick, PGeo., an independent consultant to Good Mining Exploration, in his capacity as a qualified person as defined by National Instrument 43-101.)
... For more detailed information, please visit:
https://www.goodmining.com/contact-us
Compared with July 2020, the core index was up 6.2%. The advances in the overall PPI and core measure from a year ago were the largest in annual data back to 2010. ...
... For the remainder of the report:
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Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
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Support GATA by purchasing
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 --
-- 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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