NYBob
2 years ago
Dollar has Stage 4 Cancer – Rob Kirby
By Greg Hunter On December 7, 2021 In Market Analysis No Comments
https://usawatchdog.com/dollar-has-stage-4-cancer-rob-kirby/
Bitcoin CRASH tied to Evergrande DEFAULT
17770 views
https://www.brighteon.com/8333fcd0-ce14-4cca-9272-088574c30545
Davos Is Making The Central Bank Case For Gold
BY TYLER DURDEN - MONDAY, DEC 06, 2021 - 06:30 AM
Authored by Tom Luongo via Gold, Goats, 'n
Guns blog,
https://www.zerohedge.com/geopolitical/davos-making-central-bank-case-gold
(TPRFF) GCM Mining Corp.; DOLLAR DEMISE: THE END OF THE DOLLAR IS JUST ONE ANNOUNCEMENT AWAY
WATCH
https://www.bitchute.com/video/QFBR0FGbAzi2/
https://investorshub.advfn.com/Gcm-Mining-Corp-30138
TM Great Buy Red Cloud raises target to C$18 (from C$13.25) for
GCM (prev. name; Gran Colombia Gold Corp.
https://cdn-ceo-ca.s3.amazonaws.com/1gqhn3n-20211201-GCM-Update-2.pdf
https://investorshub.advfn.com/Gcm-Mining-Corp-30138
Summary
Gran Colombia Gold changed its name to GCM Mining.
The updated Toroparu PEA confirms the world-class potential of the
project.
Toroparu should reach an average annual production rate of 225,000 toz
gold, at an AISC of $916/toz, over the 24-year mine life.
At a gold price of $1,500/toz, the after-tax NPV(5%) equals $794 million.
GCM Mining remains one of the most undervalued gold miners.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166970641
$In GOD We Trust - Real Money - AU Safety 6000yrs )
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https://www.kitco.com/images/live/silver.gif?0.8344882022363285
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
https://www.usdebtclock.org/
God Bless
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Ps.
opinion appreciated
A complete summary of the mineralized intersections from the 2021 drill program can be found on the Company's website at www.arisgold.com.
About the Juby Project
The Juby project is an advanced exploration stage project located 15 km west of the town of Gowganda in Ontario, Canada, 150 km by road south-southeast of Timmins and 115 km by road southwest of Kirkland Lake. Site access and infrastructure is excellent with a major highway, local roads, and logging roads providing easy access to site, a power transmission line passing through the property, and abundant water.
The property is located in the Shining Tree area of the southern Abitibi greenstone belt, within 70 km of IAMGOLD's Côté Gold project and Alamos Gold's Young-Davidson mine. The leases extend for 11 km east-west and 9.5 km north-south, covering an area of 5,288 hectares, following the Tyrrell Shear Zone, which hosts all of the known deposits at the project, including the Juby Main Zone (JMZ), Golden Lake Zone (GLZ), Big Dome Zone (BDZ), and Hydro-Creek LaCarte Zone (HCLZ). The JMZ and GLZ deposits are hosted within moderate to steeply dipping, strongly altered and mineralized Porcupine sedimentary rocks, and the BDZ and HCLZ deposits are hosted in moderate to steeply dipping sheared and folded mafic to ultramafic volcanic rocks, sedimentary rocks, and porphyritic dykes of the Kidd-Munro assemblage.
The project currently has 405 drillholes for a total of 116,570 metres in the drilling database. The mineral resources for the Juby Project, effective July 14, 2020, are given in the table below.
Juby Project Mineral Resources (effective July 14, 2020)
Area
Category
Tonnes (Mt)
Grade (g/t Au)
Contained gold (oz)
Juby Main Zone and Golden
Lake Zone
Indicated
20.2
1.12
728,000
Inferred
41.5
0.99
1,319,000
Hydro Creek-LaCarte Zone
and Big Dome Zone
Indicated
1.1
1.31
45,000
Inferred
5.6
0.93
169,000
Total
Indicated
21.3
1.13
773,000
Inferred
47.1
0.98
1,488,000
Notes:
(1)
Mineral resources are not mineral reserves and have no demonstrated economic viability.
(2)
The mineral resource estimate was prepared by Allan Armitage, Ph.D., P.Geo. of SGS Geological Services, and Joe Campbell, B.Sc., P.Geo., Alan Sexton, M.Sc., P.Geo., and Duncan Studd, M.Sc. P.Geo. of GeoVector Management Inc, who are Qualified Persons as defined by National Instrument 43-101. Mr. Armitage, Campbell, Sexton, and Studd have reviewed and verified the drilling, sampling, assaying, and QAQC protocols and results, and are of the opinion that the sample recovery, preparation, analyses, and security protocols used for the mineral resource estimate are reliable for that purpose.
(3)
Totals may not add up due to rounding.
(4)
Mineral resources are reported above an optimized pit shell with a cut-off grade of 0.4 g/t gold, based on a metal price of USD$1,450 per ounce of gold, and a metallurgical recovery of 90%.
(5)
There are no known legal, political, environmental, or other risks that could materially affect the potential development of the mineral resources.
Qualified Persons and Technical Information
Mineral resources are as defined by the Canadian Institute of Mining, Metallurgy, and Petroleum's 2014 Definition Standards for Mineral Resources & Mineral Reserves. Mineral resources are not mineral reserves and have no demonstrated economic viability. There are no mineral reserves estimated at the property at this time. There are no known legal, political, environmental, or other risks that could materially affect the potential development of the mineral resources.
The mineral resource and geological information included in this news release is based on information included in the technical report entitled "Technical Report on the Updated Mineral Resource Estimate for the Juby Gold Project" dated October 5, 2020 with an effective date of July 14, 2020, and is available on the Company's website at www.arisgold.com and under the Company's SEDAR profile at www.sedar.com. The technical report was prepared by Allan Armitage, Ph.D., P.Geo. of SGS Geological Services, and Joe Campbell, B.Sc., P.Geo., Alan Sexton, M.Sc., P.Geo., and Duncan Studd, M.Sc. P.Geo. of GeoVector Management Inc, each of whom are independent of the Company within the meaning of NI 43-101 and are Qualified Persons as defined by National Instrument 43-101. Messrs. Armitage, Campbell, Sexton, and Studd have reviewed and verified the drilling, sampling, assaying, and QAQC protocols and results, and are of the opinion that the sample recovery, preparation, analyses, and security protocols used for the mineral resource estimate are reliable for that purpose.
All holes drilled during 2021 were NQ diameter diamond holes completed by RJLL Drilling of Rouyn-Noranda, Quebec. GeoVector provided geological and geotechnical logging services, and sample preparation and analyses were completed by ALS Global of Sudbury, Ontario. Drill core samples were cut in half with a diamond saw and one half of the core was placed in a sample bag with a sample tag. GeoVector inserted certified standard and blank samples every tenth sample for quality assurance / quality control (QAQC) purposes. No issues were noted in the QAQC results. The sample bags were zip tied shut and placed with other sample bags in larger bags and zip tied shut. The large bags were placed on a pallet and trucked to Manitoulin Transport of New Liskeard, Ontario, and from there to ALS Global of Sudbury, Ontario. At the laboratory the sample was crushed to 70% passing 2 mm and a 250 gram subsample was taken using a riffle splitter. The subsample was pulverized to 85% passing 75 microns. A 30 gram pulverized sub-sample was assayed for gold by fire assay with atomic absorption spectroscopy. Any sample with an assay greater than 10 g/t Au was re-assayed by fire assay with gravimetric finish on a 30 gram sample.
Pamela De Mark, P.Geo., Vice President Exploration of Aris Gold is a Qualified Person as defined by National Instrument 43-101, and has reviewed and verified the drilling, sampling, assaying, and QAQC protocols and results, and is of the opinion that the drilling, sampling, sample recovery, preparation, analyses, and security protocols for the drilling program are reliable. Ms. De Mark has reviewed and approved the technical information contained in this news release.
About Aris Gold
Aris Gold is a Canadian mining company listed on the TSX under the symbol ARIS and on the OTCQX under the symbol ALLXF. The Company is led by an executive team with a demonstrated track record of creating value through building globally relevant gold mining companies. Aris Gold operates the Marmato mine in Colombia, where a modernization and expansion program is under way, and the Juby project, an advanced exploration stage gold project in the Abitibi greenstone belt of Ontario, Canada. Aris Gold plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification.
Additional information on Aris Gold can be found at www.arisgold.com and www.sedar.com.
Forward-looking Information
DiscoverGold
4 years ago
DIA, GS, BA, JNJ: Large Inflows Detected at ETF
By: Nasdaq | July 22, 2020
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Dow Jones— Industrial Average ETF Trust (Symbol: DIA) where we have detected an approximate $550.1 million dollar inflow -- that's a 2.5% increase week over week in outstanding units (from 82,790,000 to 84,840,000). Among the largest underlying components of DIA, in trading today Goldman Sachs Group Inc (the (Symbol: GS) is off about 1.8%, Boeing Co. (Symbol: BA) is down about 0.1%, and Johnson & Johnson (Symbol: JNJ) is lower by about 0.9%. For a complete list of holdings, visit the DIA Holdings page » The chart below shows the one year price performance of DIA, versus its 200 day moving average:
Looking at the chart above, DIA's low point in its 52 week range is $182.10 per share, with $295.87 as the 52 week high point — that compares with a last trade of $268.66. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Read Full Story »»»
DiscoverGold
tw0122
4 years ago
Here’s the skinny on how the Fed propped up both the Dow and the junk bond market with its well-timed announcements on March 23 and April 9.
From the close on March 4 to the close on March 23, the junk bond exchange traded fund (ETF) which goes by the fancy title of “iShares iBoxx High Yield Corporate Bond ETF,” or symbol HYG, lost 21 percent of its value. But that weakness in the junk bond market did even worse damage to the Dow Jones Industrial Average. Over those same trading days, the Dow lost 8,498.93 points or a stunning 31 percent of its value in just 14 trading sessions. That had apocalyptic overtones for what lie ahead for the balance of the year.
There are two key reasons for the correlations between the junk bond market and the Dow. The first is that two of the Wall Street banks that were a regular presence in the Wall Street syndicate that underwrote these junk bond offerings are components of the Dow’s 30 stocks. Those two banks are Goldman Sachs and JPMorgan Chase. The second key reason is that if Goldman Sachs and JPMorgan Chase are tanking, they will inevitably bring down the share price of every other major Wall Street bank because of their heavy interconnections as derivative counterparties to each other. (If all of those banks enter a serious selloff, the Fed could be looking at another 2008 financial crash after assuring Americans for years that these banks are “well capitalized.”)
In short, thanks to the repeal of the Glass-Steagall Act in 1999, which allowed Wall Street casinos to merge with the largest federally-insured, deposit-taking banks in the country, we now have a central bank (the Fed) that believes its job is to throw money at any market that pulls down the Dow. Because damage to the Dow might damage consumer confidence which might damage the wealth effect which might damage consumer spending which might damage the next GDP report which might damage the vision of American exceptionalism. In other words, we’re all just Labradoodles now in fealty to Wall Street.
Two simple solutions to the Fed’s conundrum would be to restore the Glass-Steagall Act and restore corporate pension plans which offer a guaranteed (defined benefit) at retirement, thus cutting the cord between consumer spending/consumer confidence and the health of the worker’s 401(K) plan as measured by the health of the Dow Jones Industrial Average.
The Fed’s balance sheet as of last Wednesday had ballooned to $6.6 trillion as it throws money in all directions to snuff out fires on Wall Street. If you add that to the federal government’s outstanding debt of $24.7 trillion, that’s $31.3 trillion of debt that we’re leaving as our legacy to the next generation.
To show just how pressured the Fed is to prop up any market that tanks, let’s look at the timeline that goes with the chart above. On March 23, the Fed announced that it was creating two facilities to buy up investment grade corporate bonds along with other programs. The corporate bond facilities were called the Primary Market Corporate Credit Facility (PMCCF) and the Secondary Market Corporate Credit Facility (SMCCF). In that announcement, the Fed said that the two facilities would only be buying investment grade bonds. That was good enough news for the HYG ETF which rallied through March 30.
But then HYG’s share price began to sag again along with the rest of the junk bond market. So on April 9, in a long-winded press release purporting to be taking actions to help everyday Americans, the Fed changed its Terms Sheets for both the PMCCF and the SMCCF and announced that the Fed, for the first time in its 107 year history, would be buying junk bonds. The caveat was that the bonds would have had to have been rated investment grade as of March 22. (In reality, a large swath of the lower-rated investment grade bonds were going to be downgraded to junk even if the coronavirus COVID-19 outbreak had not occurred.) And, just as the junk bond ETF market had figured correctly all along, the Fed in its updated April 9 Term Sheet for the SMCCF announced that it would also be buying junk bond (a/k/a high yield) ETFs.
That April 9 announcement came at 8:30 a.m., one hour before the stock market opened. The shares of HYG rallied strongly on volume of 88.8 million shares, more than twice the volume of earlier in the week.
In recent days the rally in HYG and the junk bond market in general is beginning to fade. It will be interesting to see what hat trick the Fed attempts next.
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