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Alasdair Macleod: An Asian Bretton Woods may be on the way
By Alasdair Macleod
GoldMoney, Toronto
Thursday, September 8, 2022
The financial war between Russia with China's tacit backing on one side, and America and her NATO allies on the other has escalated rapidly. It appears that President Putin was thinking several steps ahead when he launched Russia's attack on Ukraine.
We have seen sanctions fail. We have seen Russia achieve record export surpluses. We have seen the rouble become the strongest currency on the foreign exchanges.
... Dispatch continues below ...
... ADVERTISEMENT ...
I-80 Gold Discovers High-Grade
Silver-Rich Mineralization At Ruby Hill in Nevada
Company Announcement
Tuesday, August 30, 2022
RENO, Nevada -- I-80 Gold Corp. (TSX:IAU, NYSE:IAUX) announces that high-grade, silver-rich, polymetallic CRD mineralization has been discovered in drilling the Hilltop target at the company’s 100%-owned Ruby Hill Property in Eureka County, Nevada.
Highlight results from initial drilling at the Hilltop target:
iRH22-25 (lower horizon) – four intercepts:
-- 671.0 g/t Ag, 7.7 % Zn, and 26.4 % Pb over 0.9 m (19.6 oz/ton silver -- 3.0 ft).
-- 238.8 g/t Ag, 11.0 % Zn, and 9.0 % Pb over 9.4 m (7.0 oz/ton Ag -- 31.0 ft).
-- 469.5 g/t Ag, 11.8 % Zn, and 18.2 % Pb over 2.1 m (13.7 oz/ton Ag -- 7.0 ft).
-- 1,006.0 g/t Ag, 10.9 % Zn, 27.7 % Pb, and 1.6 % Cu over 0.9 m (29.4 oz/ton Ag -- 3.0 ft).
iRH22-43 (upper horizon):
-- 515.3 g/t Ag, 28.9 % Pb, 10.5 % Zn, and 0.9 g/t Au over 28.3 m (15.0 oz/ton Ag – 92.5 ft).
Additionally, two historic holes in the Hilltop target area contain significant intercepts:
HC1427 (lower horizon):
-- 769.2 g/t Ag, 12.4 % Zn, 13.9 % Pb, and 1.0 % Cu over 5.8 m (22.4 oz/ton Ag – 19.0 ft).
BRH-22 (upper horizon):
-- 929.7 g/t Ag and 21.6 % Pb over 4.6 m (27.1 oz/ton Ag – 15.0 ft).
The Hilltop target is one of five conceptual exploration targets drilled in the 2022 program at Ruby Hill and was identified for its potential to host polymetallic (silver-lead-zinc) mineralization. The new zone of mineralization is located approximately 400 meters southwest of the poly-metallic Blackjack Zone and immediately south of the Archimedes pit and the planned portal that the company is advancing for construction. ...
“At current metal prices, the rock value of the initial drill intercepts in the Hilltop Zone represent some of the highest-grade mineralization identified, on a per-tonne basis, to date at Ruby Hill," said Ewan Downie, CEO of I-80. "Given its proximity to the underground infrastructure planned in 2023, this zone is expected to fit in to our future development and mine plans such that we ultimately expect to produce gold, silver, and base metals." ...
... For the remainder of the announcement:
https://www.i80gold.com/i-80-gold-discovers-high-grade-silver-rich-crd-mineralization-at-ruby-hill/
We are seeing the West enter a new round of European monetary inflation to pay everyone's energy bills. The euro, yen, and sterling are already collapsing -- the dollar will be next. From Putin's point of view, so far, so good.
Russia has progressed her power over Asian nations, including populous India and Iran. She has persuaded Middle Eastern oil and gas producers that their future lies with Asian markets, not Europe. She is subsidising Asia's industrial revolution with discounted energy. Thanks to the West's sanctions, Russia is on its way to confirming Halford Mackinder's predictions made over a century ago that Russia is the true geopolitical centre of the world.
There is one piece in Putin's jigsaw yet to be put in place: a new currency system to protect Russia and her allies from an approaching Western monetary crisis. This article argues that under cover of the West's geopolitical ineptitude, Putin is now assembling a new gold-backed multi-currency system by combining plans for a new Asian trade currency with his new Moscow World Standard for gold. ...
... For the remainder of the analysis:
https://www.goldmoney.com/research/an-asian-bretton-woods?gmrefcode=gata
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Toast to a free gold market
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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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* * *
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 12-15, 2022
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
https://neworleansconference.com/
* * *
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.
* * *
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.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
