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The Gold Price Fix - do we have a solution? Feat. Special Guest Live From The Vault - Ep105
Kinesis Money
28.3K subscribers Dec 24, 2022
In this week’s Live from the Vault, Andrew Maguire shines a light on his whistleblowing origins, which began following an investigation with the CTFC and DOJ into national-level banks rigging the price of gold and silver in 2008.
The industry veteran digs deeper into his roots within the precious metals industry and examines how the Kinesis platform addresses the issues he faced in his whistleblowing career.
Whats Next MAGA Orphan Annie decoder pins !
Trump's "Big Announcement" is a Laughable Self-Promotion NFT Scheme
I was not even aware of a "big announcement" until this morning. But people were speculating he wanted to be Speaker of the House. Let's investigate and laugh.
https://mishtalk.com/politics/trumps-big-announcement-is-a-laughable-self-promotion-nft-scheme
MAGA Extremists Stand NO CHANCE Against these NEW Federal Judges
Lots of Bad Tasting Coffee out there.
always tastes like,
Covid
Border immigration issues
Demagogue Cult issues
Deflecting the daily Trump lies
Dislike towards their own country
Nope just plain bad coffee, everyday and every hour
China bolstered its gold reserves after offloading hundreds of billions of US Treasuries in recent months.
Gold channeling East - How much does China really own? Feat. London Paul Live From The Vault -Ep103
Kinesis Money
27.9K subscribers
3,105 views Dec 9, 2022
In this week’s Live from the Vault, Andrew Maguire joins publisher and analyst London Paul to explore a multipolar metals market, following the reveal that China bolstered its gold reserves after offloading hundreds of billions of US Treasuries in recent months.
The precious metals expert dissects how the BIS is now squaring up 50 years of accrued leases and questions how the full implementation of NSFR regulation could affect investors into 2023 and beyond.
Click the Twitter link below and tag who you want our expert analyst to discuss gold with and we'll see what we can do...
https://twitter.com/KinesisMonetary/s...
Timestamps
00:00 Start
02:46 London Paul explains the “multipolar” world
07:04 The return of sound money?
14:00 What’s going on in the world right now
28:30 Does China have the power to control global inflation?
36:27 How is the gold market changing?
48:35 What happens when gold gets repriced?
Hope all is Well. . . .
Why 27th December is so important for physical gold and silver - Live From The Vault - Ep: 102
In this week’s episode of Live from the Vault, Andrew Maguire underlines the inevitable paper market unwinding following Basel III compliance, as the COMEX is forced to compete with an increasingly global physical marketplace.
The London wholesaler exposes the speculators that will be left tricked with undeliverable short positions, waking up into what will likely be a bid-only market.
After Hours Hero 3.34 -3.54..........Running
Watching for low buying opps
Go $MUX.......
.........Go Green.........
Go McEwen Copper......
J:D
Board
https://investorshub.advfn.com/McEwen-Mining-Inc-MUX-12355
Global Financial Storm Of Epic Proportions, Preserve Wealth With Gold & Silver Outside Of Risky Banking System
October 2, 2022
with MMGYS Sound track
Sadly the world is now entering The Dark Years…
by Egon von Greyerz of Gold Switzerland
As the dark years are approaching, the world is now approaching survival mode. Admittedly, if you go to a high class restaurant in New York, London or Zurich, there are no signs of misery but instead of incredible affluence.
What is happening to middle America or England has not yet reached Wall Street or the City of London where exquisite food is plenty and excellent wines are flowing.
This is of course no different to the end of eras with major excesses and decadence. It was the same at the peak of the Roman Empire 2000 years ago or in 1929 just before the Dow crashed 90%.
Main Street is already in survival mode with cost of living increases of a magnitude that ordinary people can’t afford. Energy, fuel, food, mortgage rates, rents and most things have gone up by 10-20% or more in the last year.
Everything has happened so quickly that people are in shock. But it is a fact that real MISERY has now hit ordinary people.
As Charles Dickens wrote in David Copperfield:
Annual income twenty pounds,
annual expenditure nineteen six,
result happiness. Annual income
twenty pounds, annual
expenditure twenty pound
ought and six, result misery.
For Main Street it is no longer a question of making ends meet but of economic survival.
The Fed and other so called “independent” central banks are doing all they can to exacerbate the crisis. The Fed’s official two tasks are stable inflation and full employment.
Stable inflation the Fed has in latter years defined as 2%. How did they arrive at that? They probably don’t know themselves since there is nothing good about 2%. Because an annual inflation rate of 2% means that prices double every 36 years which is highly undesirable.
Anyway, even with pumping up M1 Money supply by $19 trillion between 2006 and December 2021 and keeping interest rates at 0% they still don’t have a clue why inflation is going up.
Many of us were laughing at Powell and Lagarde when they called the increase in inflation transitory!
Whilst clueless central bank heads are transitory, current inflation certainly isn’t.
HYPERINFLATIONARY ROCKET
It is absolutely incredible that the heads of the Fed and ECB, the world’s biggest central banks, didn’t have the basic knowledge to fathom that unlimited free money for over 10 years is like a matchstick to light the biggest inflationary rocket in history.
Yes, it seemed to take a long time before the inflation rocket was set alight. The explanation is self-evident. There were different compartments in the rocket. Before the consumer prices were set alight, the inflation flame reached all the financial assets such as stocks, bonds and property.
Between 2009 and January 2021, the Nasdaq for example went up 16X, the S&P 7X and house prices went up 2X.
But conveniently for the Fed, this Hyperinflation in asset prices doesn’t count as inflation.
So the Fed could continue to fulfil its main purpose which is to make the rich richer. As the Fed was conceived by private bankers in Jekyll Island in 1910 for the main purpose of enriching the bankers and their friends, it is clear that this Elite group must be looked after first.
ZERO INFLATION AND ZERO INTEREST RATES
In the autumn of 2021, as the inflation flame reached consumers, the Fed, ECB and other central banks were stuck in their zero inflation and zero interest rates lethargy.
But as 2022 progressed, central banks around the world woke up to the fact that inflation is here to stay. Since the wealthy probably have diversified into real assets by this stage, it was then time for the bankers to start tightening without hurting their wealthy friends.
Globally the Fed and their fellow banks, are without exception always behind the curve. So they flooded markets worldwide with worthless printed money at zero cost for much too long.
And now they are waking up to the fact that the accelerated money printing (debt creation) since 2019 is not just inflationary but hyperinflationary. So the inflation rocket is now fully ignited and has just started its journey.
Powell, Lagarde and at least 32 other central bankers in the world have gone from lethargy to panic mode and are thus coordinating a series of rate increases globally.
MONEY PRINTING TO INFINITY
Since ordinary people in the world are now suffering substantially due to massive inflation of everyday expenses, they no longer can make ends meet.
The next move we will see in many countries is the resumption of money printing or QE. In the UK, the new Chancellor Kwarteng (finance minister), decided to give major support to businesses and individuals with lower taxes and social charges, energy subsidies etc. The total cost will be in the hundreds of billions of pounds over coming years. The already weak pound fell another 5% and rates surged. The pound is now down 24% since May 2021.
So the consequences of this give-away UK budget will be higher inflation and higher cost of living for people. This is a vicious cycle that will be followed by most nations as they enter the race to perdition.
THIS TIME IS DIFFERENT!
Stock market investors have for decades been so uber-confident of their banker friends saving them from any major losses that any fall in the market is a buying opportunity.
Thus we have a whole generation of investors that have never seen a sustained bear market as they have always been saved by central banks.
But this time is different! Take my word for it. Central banks are now on a course to deflate all asset markets. As usual they will go on for longer than anyone expects.
And eventually it becomes a vicious cycle with higher rates, higher inflation, still higher rates and more inflation until both central banks and markets panic as the world enters a depressionary hyperinflation.
It might be difficult to fathom that we can have a depression and hyperinflation simultaneously. But as asset prices collapse (remember they are not measured in the inflation numbers), prices of consumer products will surge.
And that is exactly what we are seeing the beginning of now.
Stocks are down around 25% so far, bonds are down, property markets under pressure and food, energy, fuel, mortgage rates are doubling or trebling for many borrowers.
IT AIN’T OVER UNTIL THE FAT LADY SINGS
This is the perfect storm. But remember it has only just started and as I have stated in numerous articles and interviews, this won’t be over until the fat lady sings.
When will she sing? Well, if this is the end of a very major cycle as I believe it could be, it might be a decade or longer before she sings.
We must of course remember that nothing goes straight down and there will be violent corrections that initially will make investors euphoric. But most reactions will be short lived so buying the dips could be very dangerous.
We should first see hyperinflation taking hold properly and stock and property markets go down by at least 75% and possibly 95%. Bonds won’t stop going down until rates are 20%+. Many bonds will go to ZERO as borrowers default, including many sovereign states.
The US or EU won’t call it a default. They will just create a new currency like a CBDC (Central Bank Digital Currency) and with a magic wand make all the debt they have created disappear.
But you can’t make debt disappear without consequences. If debt is written off or swept under the carpet, the value of the assets that the debt supported will also implode. And that is how the world goes from a depressionary hyperinflation to a deflationary depression. At that point, much of the financial system will default.
The above scenario is the inevitable consequence of a world that has lived above its means for a century and especially since 1971. Few people realise for example that the US has increased its debt for 90 years with just a handful of years exception.
GLOBAL DEBT $2.5 QUADRILLION
With global debt, contingent liabilities and derivatives of around $2.5 quadrillion, there are a lot of assets/liabilities which need to implode before the world can show healthy and debt free growth again.
EPIC MONEY PRINTING BONANZA
Before the deflationary implosion, the world will experience the most epic money printing and debt creating bonanza in history. That will mark the last desperate attempt by central banks and governments to solve a debt problem with more worthless debt.
This bonanza will be a grand finale of the fireworks which will mark the end of another era of financial and economic failure.
Boom and busts are of course a feature of economic cycles and have always happened in history. What the world is experiencing for the first time is a global event with every country and every central bank involved. So the magnitude is so much greater this time and that by a massive margin.
Like with all forecasts, we are here talking about probabilities. As we all know, there are few certainties in life. But we do know that risk is higher than at any time in history. Never before has the world experienced epic bubbles of this magnitude on a global level.
As a friend of mine states, it might happen but not in my lifetime. This attitude is part of sound human optimism that “it won’t happen on my watch”. But now is not a time to be overconfident but to be humble and prepared.
Anyway, we are talking about risk and not certainties. And when risk is high we must be prepared and protect ourselves. Remember that no one will sell you fire insurance after the fire has started.
What we do know for certain is that future historians will tell the world what really happened and when. I would love to come back down to earth for a short while to experience future experts and historians say that this was the most obvious collapse in global history. And still virtually no one sees it today.
Well, as I often say: “Hindsight is the most exact of all sciences!”
WHEN RISK IS EXTREME EXTRAORDINARY CAUTION REQUIRED
Stocks
In my articles since mid August, I have warned about Epic Collapses of Stocks, Debts, Currencies etc and 30% Stock Crash.
Well the crash is here and now. The S&P is down 15% since mid August and another fall of the same magnitude is quite probable in the next couple of weeks. But even if that fall takes place and we see a temporary pause and correction, the secular bear market has only started.
Currencies
Since 1971, the dollar and all other currencies have lost 97-99%. This is measured in real terms against the only currency which has survived in history – GOLD.
So currencies are in a race to the bottom and there is no prize for coming first in this race. All currencies can obviously not fall at the same time against each other and therefore they take turns. It has been a half century race and no currency has the stamina to be in the lead all the time.
Overall the Swiss franc has been the star performer due to probably the best managed economy in the world. When I started working in Geneva in 1969 one dollar cost me 4.30 Swiss francs. Today the same dollar costs me 0.98 Swiss francs. This means that the dollar has lost 77% against the Swiss.
To talk about a strong dollar in this case is clearly ridiculous. So for the moment the dollar is showing temporary strength. But that is likely to change relatively soon as it catches up on the downside.
When the current monetary era comes to an end within possibly 5-8 years all currencies will be worth ZERO. This is no different from any monetary era in history.
Gold
Out of laziness and convention gold is measured primarily in US dollars. Even in UK, Germany or media for example, it is always the dollar price of gold quoted.
But just as UK or German house prices are not quoted in dollars nor should gold. If the pound or euro is your base currency, you should measure gold in that currency.
The absolute correct way is of course to quote gold in grammes. What is the purpose to measure REAL money – GOLD – in a fiat currency when fiat currencies always go to ZERO over time. Yes, it might feel good to measure gold in a depreciating currency but it certainly doesn’t reflect the real value of gold.
Gold measured in dollars is temporarily weak. But has very little to do with gold but with the dollar which currently is overvalued.
If you measure gold in euros, pounds, yen, Australian dollars etc, gold is very near the highs. It will soon be in US dollars too.
The Wall Street Journal just had a major article with the title “Gold loses status as haven.”
Without exception, these articles always appear at the bottom of a market.
BANKING SYSTEM – GLOBAL WARNING
Investors’ financial health is now under serious attack.
If as I believe, stocks are entering a secular bear market and won’t stop until they are down 75-95%, most investors are in severe trouble. If also bonds and property will crash, there are few safe asset classes left.
Gold and silver stocks have major upside potential. But if held within the financial system they are subject to custodial risk. Better to hold these stocks with direct registration.
With the current problems in financial markets, combined with global debt levels, including derivatives, the heavily leveraged and fractured banking system is also extremely risky.
All banks globally are now under pressure as the debt crisis deteriorates and most debtors cannot service their debts at these higher interest rates. Next step will be that banks will experience a major increase in bad debts as well as accelerating defaults.
The strong dollar will also put a massive burden on dollar loans globally and especially emerging markets.
With the problems in Europe, most European banks are now extremely fragile.
If we add to that the $2 quadrillion derivative bubble, the world is now approaching a financial storm of historical proportions.
Personally I would not keep any major amounts of liquidity within the financial system.
WEALTH PRESERVATION
The ultimate form of wealth preservation is gold and silver.
But it serves no purpose to hold your wealth preservation assets within a risky banking system. Even worse of course to hold paper gold or silver in ETFs or other fund structures.
Substantial amounts of physical precious metals are held within the major Swiss banks. The two biggest Swiss banks are heavily leveraged and are running from one major credit or derivative loss to the next in the billions of Swiss francs. And they are changing top management almost as fast as ordinary people change their shirt. Definitely not a sign of health.
Gold and silver should be held in physical form in your own name with the facility to access it personally.
Precious metals held in banks are not insured.
Insurance companies are likely to incur major losses on their assets as their primary investments of stocks and bonds crash in value. Therefore it is essential to hold metals in vaults that are safe without insurance.
Remember that there will be shortages of many products including food and other essentials so keep some reserves.
Sadly the world is now entering the Dark Years as I have discussed in many articles.
But remember that after having prepared yourself, the most important things in life are family and friends. That is a support circle which will be the most critical in coming years.
https://www.silverdoctors.com/gold/gold-news/global-financial-storm-of-epic-proportions-preserve-wealth-with-gold-silver-outside-of-risky-banking-system/
M = Mining is a massive blessing from God
MMGYS Fall Festival Days of October
Spirit Lead Me (Lyrics) ~ Michael Ketterer & Influence Music
A young teacher sits in a classroom and enthusiastically tells the kids how bad mining is for our world. The students all agree and post about it on Facebook. That teacher sits on a chair with metal legs, and a seat made of plastic, derived from petrochemicals. On her desk rests a reusable coffee cup, filled with locally brewed coffee, ground and extracted in a machine made of plastic and metal. The students recline at wooden tables, cut, manufactured, painted and transported using, you guested it, tools, treatments and fuel made of substances that have in some way been dug up. The computers and phones they all use, the building they sit in, and the fixed-gear bike the teacher rides home, speak a contradictory message to the well-worn pantomime that mimics education.
Everything that makes the civilised world work is in some way dependent on mining. Go to a hospital and receive treatment for cancer, a broken leg or dehydration and, all you see and experience, is made possible directly and indirectly from the wealth of the Earth’s riches. Eat food, live in a house, use refrigeration, go to a supermarket, flush a toilet, rely on clean sanitation and you should be saying thank you to the miners (and builders and engineers) who made it possible. Healthy drinking water is dependent on electricity, which regardless of whether it comes from coal, gas and nuclear comes from the ground. Even solar, wind and hydro-electric power stations are constructed from materials. Productive farming methods, from ploughs to combine harvesters, that give us freedom as a society for people to sit around and complain about mining, only exist thanks to what mining has given us.
I do not understand why some Christian people thank God for food and farmers, but not for the other blessings that come from beneath the top-soil. In past generations, preachers felt silenced about talking about sex. Today, if you mentioned the blessing of mining, you might be not be booed down, but you would be blogged against. There are obviously huge abuses of people and the environment in mining, but the activity and concept itself is as much a part of God’s good plan as farming. We shall see in what follows that mining is God’s idea and a good blessing for humanity.
1. Mining is God’s good idea for humanity from the Garden of Eden
God made the world perfectly good for humans and perfectly right for our flourishing. He didn’t put minerals, metals and petrochemicals in the Earth, hoping that people would not find them; and if they did that they would not use them. The paradise of Eden extended beneath the surface of the earth.
A river flowed out of Eden to water the garden, and there it divided and became four rivers. The name of the first is the Pishon. It is the one that flowed around the whole land of Havilah, where there is gold. And the gold of that land is good; bdellium and onyx stone are there. (Gen. 2:10-12)
God saw all he made and it was very good (Gen. 1:31). In Eden, it’s not just the trees that are “good for food”, but also the the gold that is called the same (Gen. 2:9). The gold is good. But who would use it? Presumably people.
Good things can easily be distorted. But there is a tendency for Christian people to go even further, seeing parts of physical creation as inherently evil. When philosophical Neo-Platonism marries cultural Neo-Marxism, mining for fossil fuels, uranium and heavy metals is portrayed as evil. Human hearts can abuse anything, but the created things themselves are good. Calling a good thing evil is a demonic teaching.
“For everything created by God is good, and nothing is to be rejected if it is received with thanksgiving, for it is made holy by the word of God and prayer.” (1 Tim. 4:4-5).
If Adam and Eve had lived in paradise long enough, they would have mined. Rather than destroying their Edenic state, it would have fulfilled their creation mandate. Mining was God’s idea for humanity.
2. Mining, together with agriculture, is God’s gift to his people in the Promised Land
“For the LORD your God is bringing you into a good land, a land of brooks of water, of fountains and springs, flowing out in the valleys and hills, a land of wheat and barley, of vines and fig trees and pomegranates, a land of olive trees and honey, a land in which you will eat bread without scarcity, in which you will lack nothing, a land whose stones are iron, and out of whose hills you can dig copper. And you shall eat and be full, and you shall bless the LORD your God for the good land he has given you.” (Deut. 8:7-10)
Moses described the land of Canaan as a new paradise. The goodness of that land is described, not just in her waterways and trees, but also an abundance of iron and copper. These metals are not ornamental, but are meant for humans to dig out of the hills.
Here we have a helpful and productive parallel between agriculture and mining. Both agriculture and mining are intended as gifts from God.
If God gives a gift, we should be thankful. If a church holds a harvest festival, why not thank God for our electricity and building materials? If we thank God for our food before we eat, why not thank God for the petrol that enables us to drive our cars? If we pray for farmers doing it tough, perhaps we can also pray for miners who face equally isolated and difficult conditions. We tend to beatify one industry and demonise the other. Instead both are blessed by heaven and equally ruined by human sinfulness.
Mining and farming can both be abused by raping the environment or exploiting the poor for the sake of the very rich. The Old Testament doesn’t warn against bad mining practices, but the prohibitions against wicked farming practices then apply equally to mining now: not paying workers or giving them breaks (Lev. 19:13; Deut 5:12-15); robbing other people of their land (1 King 21; Deut. 27:17); and perhaps even overworking the land (Lev. 25:4). If it’s a gift it must used with respect. The prayer book raises this concern for justice in farming and mining.
Give wisdom to those in authority in every land, and give to all peoples a desire for righteousness and peace, with the will to work together in trust, to seek the common good and to share with justice the resources of the earth. (Common Prayer, 35)
3. While the fruits of mining can easily distort our relationship with God, they are not rejected by God in true worship
The riches from the earth breed dangers that come from the human heart: greed and idolatry. Both turn the good gift into a god. Here are just some of the Old Testament warnings:
False security: “Neither their silver nor their gold shall be able to deliver them on the day of the wrath of the LORD.” (Zeph 1:18)
False trust: “If I have made gold my trust or called fine gold my confidence, if I have rejoiced because my wealth was abundant or because my hand had found much … I would have been false to God above.” (Job 31:25,28)
False worship: “‘Cursed be the man who makes a carved or cast metal image, an abomination to the LORD, a thing made by the hands of a craftsman, and sets it up in secret.’ And all the people shall answer and say, ‘Amen.’ (Deut. 27:15)
False praise: “And you have praised the gods of silver and gold, of bronze, iron, wood, and stone, which do not see or hear or know, but the God in whose hand is your breath, and whose are all your ways, you have not honoured … And this is the writing that was inscribed: MENE, MENE, TEKEL, and PARSIN. (Dan. 5:23,25)
However, the fruits of mining are still welcomed by God in true devotion. As dangerous as these riches can be, they are not eschewed in temple worship. God gladly received as gifts the mining products of the pagan city Jericho.
And they burned the city with fire, and everything in it. Only the silver and gold, and the vessels of bronze and of iron, they put into the treasury of the house of the LORD. (Josh. 6:24; cf. 22:8)
And while Solomon’s mines are not mentioned in the Bible, he must have had some sources to his great wealth. His father David gave greatly to the Temple project from the resources of the earth.
So I have provided for the house of my God, so far as I was able, the gold for the things of gold, the silver for the things of silver, and the bronze for the things of bronze, the iron for the things of iron, and wood for the things of wood, besides great quantities of onyx and stones for setting, antimony, colored stones, all sorts of precious stones and marble. (1 Chr. 29:2)
David’s view was that he was merely returning to God what is his own anyway. God was, as C.S. Lewis said, “six-pence none the richer”. This is the only way to treat a gift from God, whether we use it for his service directly or the good of our neighbour.
For all things come from you, and of your own have we given you. (1 Chr. 29:14)
Stones, precious metals and jewels were adorning features of the tabernacle, temple and even the breastplates of the High Priests, symbols of God’s beautiful provision to Israel and their extreme valuing of him (Ex. 35, 39). However even these symbols can, when used wrongly, become snare for human arrogance than results in a fall (Ez. 28:1,13).
4. Mining is used as an image for humanity’s search for wisdom
“Surely there is a mine for silver, and a place for gold that they refine. Iron is taken out of the earth, and copper is smelted from the ore. Man puts an end to darkness and searches out to the farthest limit the ore in gloom and deep darkness. (Job 28:1-3)
Job 28 is worth its own study, describing humanity’s effort to mine as one of his ultimate achievements. No animal or bird digs so deep, swings in dark caverns and cuts through rocks, “overturning mountains by their roots.” (Job 28:4-11). Humanity alone goes to extreme limits to find the things that God has hidden.
However the greatest thing God has hidden we cannot fathom.Even though humanity can mine, God’s wisdom cannot be obtained by our human ingenuity and resourcefulness.
It cannot be valued in the gold of Ophir, in precious onyx or sapphire. Gold and glass cannot equal it, nor can it be exchanged for jewels of fine gold […] “From where, then, does wisdom come? And where is the place of understanding? It is hidden from the eyes of all living and concealed from the birds of the air. […] And he said to man, ‘Behold, the fear of the Lord, that is wisdom, and to turn away from evil is understanding.’” (Job 28:16-17,20-21,28)
Mining is a creation gift, but is certainly not the greatest thing we can find. The simple truths of fearing God and turning from evil are much more precious.
5. The New Creation is painted as if the mineral riches of Eden and Canaan were insignificant compared to what God had planned for those who love him
There might be copper in hills of Canaan and gold near the land of Eden, but the heavenly Jerusalem has gold as bitumen and onyx adorning the foundations of the walls. Her description is more luxurious than the temple itself.
The wall was built of jasper, while the city was pure gold, like clear glass. The foundations of the wall of the city were adorned with every kind of jewel. The first was jasper, the second sapphire, the third agate, the fourth emerald, the fifth onyx … (Rev. 21:18-20)
This is God’s idea and his gift to his people. New Jerusalem has rivers, trees and beautifully built engineering masterpieces. Old Testament prophecies speak in this language.
Instead of bronze I will bring gold, and instead of iron I will bring silver; instead of wood, bronze, instead of stones, iron. I will make your overseers peace and your taskmasters righteousness. Violence shall no more be heard in your land, devastation or destruction within your borders; you shall call your walls Salvation, and your gates Praise. (Isaiah 60:17-18 cf. Hag 2:7-9)
In the New Creation, the fruits of the earth, the gifts from the ground will be enjoyed with justice and peace. The gifts that God has placed in the earth will be used properly and for his sake. The end point of the Bible is not an unkept Eden, but as Eden was meant to be: inhabited and settled by humanity, dwelling in peace with God himself.
Mining, Solar Batteries and Us
Imagine if there was a way of storing the sun’s power for later use.
God created it. We call it wood. The Bible sees this as his gift to his people. Burning it provides warmth and light, releasing the stored energy.
But, imagine there was a way that the sun’s energy could be stored even more efficiently, for say, hundreds of years. We call it charcoal and peat. But what if there were other more long lasting, efficient and less polluting ways of storing this power? We call them coal, oil and gas. Humanity has leveraged from one form of power to the next, exploring more efficient and clean sources of energy, enabling us to pass from bronze and iron age, through the industrial revolution, to the use of plastic and electricity, and beyond.
If an Israelite chopped down wood and burned it on a fire, shouldn’t they thank God that their kids didn’t freeze to death? Of course they should.
Coal, which is much more efficient and less polluting than individual combustion stoves, means we can provide electricity, refrigeration and water purification, so that billions don’t die prematurely. Shouldn’t we also thank God for the coal he placed for humanity’s use?
This doesn’t mean that we shouldn’t be looking for other, even more efficient energy sources, but one thing we must not become: ungrateful. God has given us what we needed to provide unparalleled riches, agricultural advances and medical opportunities, as we keep seeking new ways of mining that are more equitable, less damaging and more beneficial to other people.
My opening picture of a teacher at school was a parody, but was it that far from the truth? We rightly want to oppose injustices and irreversible environmental damage, but sometimes throw out the basis of our modern society. We give people two polar options about mining: either big business exploitation or western civilisation self-hatred. The Christian approach should instead be thankfulness and seeking wisdom. More fruitful discussions should be about justice and better resource management. Schools should not be places of ignorance. Arguably, some places should certainly forbid mining, but that discussion is best premised on balancing competing goods. Individual mines and harsh practices should, at times be strongly opposed, but mining per se, which has been such a boon to humanity’s development should be acknowledged for what it has given us.
As adults we must not act like selfish and petulant children, ungrateful for the efforts of others and of our heavenly father’s provision. Most of us would be dead without the things we dig up from the earth.
Do you see mining as a necessary evil or a God-given good?
Mining was God’s idea. In the Garden of Eden and in the promised land it was a gift. Used wrongly, the moral and spiritual pitfalls far out-way even the most dangerous conditions in a shaft-mine. You can only die in a mine collapse, whereas the love of money and idolatry can take you to hell.
However, these resources are sanctified by thankfulness, the word of God and prayer if used for God’s glory and the good of other human beings. The love of money is a root of all evil. However, the Samaritan’s purse paid for a place at the inn, the widow’s copper coin was a demonstration of generosity, and tested gold becomes a pale illustration of faith under trial.
Even more, God’s future plans in the New Creation are presented physically as the result of unearthing hidden resources, richer than Eden, Canaan and the temple combined.
Even though mining is a massive creation blessing from God, there are so many ‘even-more-massive’ ones. Job spoke about true wisdom and Peter speaks about Christ, more precious than perishable materials dug from the earth.
… you were ransomed from the futile ways inherited from your forefathers, not with perishable things such as silver or gold, but with the precious blood of Christ, like that of a lamb without blemish or spot (1 Pet. 1:18-19).
God is not as embarrassed about mining as 21st Century young Christians. After all, he invented it and gave it to us as we wait for the New Creation. There is an old industry slogan that points out our utter dependency: “What’s mined is yours”. Christians might say instead “What’s mined is his; he gives it to us to use wisely.”
Share this:
https://thebibleatoz.com/2018/11/23/mining-is-a-massive-blessing-from-god/
The Feast Of Trumpets, Yom Kippur & The Feast of Sukkot 2022!
The Lords feast festivals are for everybody who believes in God
Not just Jews and Christians
Dr. RON PAUL; No Good Options For The Fed; So Audit It & Get Rid of It!
The Ron Paul Liberty Report Published September 23, 2022 13,614 Views
https://rumble.com/v1l8ugl-no-good-options-for-the-fed-so-audit-it-and-get-rid-of-it.html
Donald Trump RIPS Biden For Trying To Lead America Into A Third World War
Dinesh D'Souza Published September 24, 2022
https://rumble.com/v1ler4p-donald-trump-rips-biden-for-trying-to-lead-america-into-a-third-world-war.html
LATIN AMERICA PRISONS WILL BE EMPTY -
The Plandemic is Over
CatholicConservative Published September 24, 2022
https://rumble.com/v1l8uxr-the-plandemic-is-over.html
The plan is to bring in 100 million to pour into the US and remake Mexico, US
and Canada a regional government.
The WEF plan to REMAKE Mexico, US, and Canada's borders EXPOSED! |
Redacted with Clayton Morris 11:07
https://rumble.com/v1labk5-the-wef-plan-to-remake-mexico-us-and-canadas-borders-exposed-redacted-with-.html
This COULD change everything if it happens | Redacted with Natali and Clayton Morris
Redacted News Published September 20, 2022
https://rumble.com/v1kw8mu-this-could-change-everything-if-it-happens-redacted-with-natali-and-clayton.html
Finland gets 8,000 migrants in two weeks and is ready to shut down, and everyone is sitting on their hands.
https://patriotunitednews.com/putin-has-lost-control-russia-is-rioting/
GREAT "President Trump & Q+" The Plan To Save The World! ~ Situation Update
Situation Update Published September 23, 2022
https://rumble.com/v1l95yb-president-trump-and-q-the-plan-to-save-the-world-situation-update.html
MAKE AMERICA GREAT AGAIN - PRESIDENT DONALD TRUMP RALLY LIVE IN WILMINGTON, NC 9/23/22
Right Side Broadcasting Network
https://rumble.com/v1k3jy5-president-donald-trump-rally-live-in-wilmington-nc-92322.html
Friday, September 23, 2022: Join the RSBN broadcast team LIVE from Wilmington, NC for all day coverage of President Donald J. Trump's SAVE AMERICA rally. Tune in at 12:00 PM ET!
President Donald J. Trump, 45th President of the United States of America, will hold a rally in Wilmington, North Carolina on Friday, September 23, 2022, at 7:00PM EDT.
URGENT WARNING. I AM GETTING CANCELED FOR THIS. NUKE ALERT.
13,813 views Sep 23, 2022 #BREAKING #ECONOMY #NEWS
Any info? GOVERNMENT CAUGHT POISONING WATER SUPPLY! IS THIS THE CAUSE OF MASS DEATHS, INFERTILITY & CANCERS?!
WATCH
https://www.bitchute.com/video/a4uhFSsYeLj9/
https://www.bitchute.com/video/LaomfVPJq4O7/
ELECTION CODE: THE MOVIE [DOCUMENTARY]
WATCH
https://www.bitchute.com/video/m1DldifqRoEQ/
https://investorshub.advfn.com/Election-2020-37002
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169977628
https://www.bitchute.com/video/LaomfVPJq4O7/
"Electrifying the Future"..The Salt and Light of...Cobalt..was on tonight's Mining and Metals news reel this evening....
Here it is....enjoy
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Mining & Metals Top Juniors Movers & News___Makers
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Tonight's Mining and Metals News Reel is About To Begin....So it's a great time to grab some snacks and refreshments...
Sound tracks by J:D
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Videos by J:D
Good Evening and Welcome to ~*~Mining & Metals Du Jour~*~
DD & tickers not included
MARKET ACTIVITY
TSX -241.08 (1.15%) 20,790.73
TSX Venture -8.36 (1.15%) 720.11
ASX 200 +61.20 (0.85%) 7,237.10
S&P 500 -68.28 (1.63%) 4,108.54
NYSE Gold Bugs -6.15 (2.29%) 262.25
VanEck Jr Miners -1.10 (2.62%) 40.87
Sprott Junior Miners -1.00 (2.70%) 36.08
COMMODITY PRICES
Gold (US$/oz) -19.75 (1.05%) 1,853.90
Silver (US$/oz) -0.47 (2.10%) 21.94
Copper (US$/lb) -0.08 (1.75%) 4.48
Platinum (US$/oz) -6.30 (0.61%) 1,019.65
Palladium (US$/oz) -87.49 (4.26%) 1,965.53
# DRILL RESULTS
Vizsla Silver Extends High Grade Mineralization at Southern End of Napoleon,
Sabina Gold & Silver Drills 21.87g/t Au over 15.10m (hole 22GSE610), 12.59g/t Au
Noram Lithium Receives Results for CVZ-75 & 76: High-Grade Intercepts of 150 Ft (45.7 M)
Outcrop Silver Intercepts 3 Metres Of 774 Grams Silver Equivalent In New Shoot
Core Hole at Desert Gold's SMSZ Project Returns 1.08 g/t Gold Over 124 Metres*
# DRILLING UPDATES
Benjamin Hill Mining Announces Drill Results from El Fierro Exploration Zone
Zacapa Resources Announces Completion of Inaugural Drill Campaign at Red Top Porphyry
ValOre Metals Intersects Radioactive Structures in 17 of 20 RC Drill Holes at Dipole
Endurance Gold Provides Drill Program Update at the Reliance Gold Property
Giyani Metals Announces Completion of Infill Drilling at K.Hill Project and Corporate
Queensland Gold Hills Completes Inaugural Drill Program at the Big Hill Gold Property
High Tide Resources Provides Drilling Update for Labrador West Iron Project
# DRILLING COMMENCED
Beauce Gold Fields Starts a 50 Overburden Drill Hole Program and a 180 Bulk Sample
Getchell Gold Commences Drill Program at the High-Grade Star Copper-Gold-Silver.
Cassiar Gold Commences 20,000 m Drill Campaign and Exploration Program at the Cassiar
Contact Gold Announces Start of Spring 2022 Drill Program at Green Springs Gold
Eskay Mining Commences 30,000 Meter Drill Program at Consolidated Eskay VMS Project,
MARKET MOVERS
Company +Change % Last Trade
Sigma Lithium 0.83 4.81 $18.07
Aura Minerals 0.40 3.56 $11.65
Turquoise Hill Resources 0.37 0.98 $37.98
Canadian North Resources 0.27 11.49 $2.62
Contango ORE 0.22 1.00 $22.20
Victoria Gold 0.18 1.23 $14.79
Eloro Resources 0.18 5.28 $3.59
Perpetua Resources 0.15 3.46 $4.48
Triple Flag Precious Metals 0.13 0.80 $16.39
Orla Mining 0.12 2.23 $5.51
Paycore Minerals 0.10 6.90 $1.55
Vox Royalty 0.09 2.90 $3.19
Dynacor Gold Mines 0.09 2.86 $3.24
Imperial Metals 0.09 2.77 $3.34
Trilogy Metals 0.08 6.15 $1.38
HIGH VOLUME
Company Volume Last Trade
Uranium Energy 16,129,772 $3.94
Hycroft Mining 6,915,517 $1.32
KWG Resources 5,253,359 $0.06
Kinross Gold 2,295,560 $5.72
B2Gold 2,237,380 $5.20
Gold Line Resources 2,033,233 $0.05
Yamana Gold 1,865,604 $7.16
Denison Mines 1,853,575 $1.55
First Quantum Minerals 1,370,524 $38.00
Capstone Copper 1,297,674 $5.08
HudBay Minerals 1,230,624 $7.40
Argonaut Gold 1,153,989 $1.12
NexGen Energy 1,122,238 $5.92
Lundin Mining 1,103,519 $11.13
Fission Uranium 1,006,084 $0.76
EARNINGS / PRODUCTION RESULTS
Antioquia Gold Reports First Quarter of 2022 Financial Results
Thor Explorations Announces First Quarter 2022 Financial and Operating Results,
Santacruz Silver Mining Reports First Quarter Financial Results
Mako Mining Provides Q1 2022 Financial Results
Mundoro Capital Advances Exploration Portfolio and Provides Q1 Highlights
Robex Resources: Significantly Improved Operating and Financial Results
Nova Royalty Reports Financial Results For The Three Months Ended March 31, 2022
# PROJECT ACQUISITIONS
Trillium Gold Mines Signs Option Agreement for Wenasaga Gold Project 35km from Dixie
Big Red Mining Acquires Copper Prince Property - 2 Former Copper Producers in Ontario,
Trillium Gold Mines Signs Agreement to Purchase Panama Lake Gold Project
Vulcan Minerals Acquires Claims at Red Cross Lake Nickel - Gold Project
Silverton Metals To Acquire Margaritas Gold-Silver Property, Durango, Mexico
# SAMPLING RESULTS
Element79 Gold Reports Results of 2021 Dale Property Phase I Exploration Program,
C3 Metals Discovers High Grade Copper - Silver at Arthurs Seat, Jamaica
Visionary Gold Stakes Claims at New Anderson Ridge Property and Samples up to 15.95
79North Discovers Two New Gold Occurrences With Rock Chip Samples Up to 7.39 Grams
Collective Mining Outlines Multiple, High-Grade Vein Systems at Olympus with Assay
FEASIBILITY / PEA / MRE
Alphamin Resources Announces 46% Increase in the Mpama South Inferred Mineral Resource
Nuinsco Resources Announces Initial Mineral Resource Estimate on the Prairie Lake Critical
SolGold Announces Cascabel - Tandayama-America Resource Update
Aurelius Minerals Announces Maiden Mineral Resource Estimate at Aureus East - Significant
Superior Gold Increases Mineral Reserves By 66% And Inferred Mineral Resources By 29%
Osisko Development Announces Preliminary Economic Assessment for the Cariboo Gold Project.
NioCorp's Elk Creek Project Confirmed as the Second Largest Indicated-Or-Better Rare Earth.
MERGERS / ACQUISITIONS
Skeena Resources Completes Acquisition of QuestEx and Concurrent Sale of Assets
Gold Fields to Acquire Yamana Gold – a Combination for Long-term Value Creation
B2Gold to Acquire Oklo Resources and its Extensive Land Package near the Fekola Mine
Orca Gold Announces Receipt of Overwhelming Securityholder Approval for its Business
CopAur Minerals Completes Acquisition Of New Placer Dome Gold
$ FINANCINGS
York Harbour Metals Announces Upsized $10 Million Private Placement of Units
Compass Gold Closes $1,094,800 Non-Brokered Private Placement
Blue Star Gold Announces $6M Non-Brokered Private Placement
Murchison Minerals Announces $5,500,000 Non-Brokered Private Placement
Northisle Copper and Gold Announces C$5.5 Million Non-Brokered Private Placement
NEW / DUAL LISTINGS
American Creek Resources Adds OTCQB Listing to Capitalize on Investor Interest in the United...
Infinitum Copper Commences Trading on OTCQB Market Exchange
Osisko Development Announces NYSE Listing and Satisfaction of Escrow Release Condition for...
Sandstorm Gold Royalties and Equinox Gold Launch Sandbox Royalties: A Diversified Metals...
Osisko Development to Commence Trading on the New York Stock Exchange
BOARD / MANAGEMENT CHANGES
Snow Lake Lithium Announces Chairman Resignation, Board Appoints CEO Philip Gross.
Pantera Silver Adds Capital Markets Veteran to Board of Directors
Secova Metals Announces Appointment of New CEO to Drive Montauban Into Full Production
Kenorland Minerals Announces Changes to the Board of Directors
Nuclear Engineer, Susan Hoxie-key, Joins Encore Energy Board Of Directors
DRILL PERMITS / TARGETS
Mountain Boy Minerals: Southmore Copper-Gold Project in BC's Golden Triangle
Carlyle Commodities Receives Newton Project Exploration Permit
Gold’n Futures Mineral Defines Major Extensions to Gold Structures & New Priority Gold
HighGold Mining Announces US$9 million 2022 Exploration Program at Johnson Tract Project,
Freeman Gold Receives Approval Of Plan Of Operations And Provides Lemhi Gold Project Update
$ STRATEGIC INVESTORS
Murchison Minerals Announces $5,500,000 Non-Brokered Private Placement
Canex Metals Closes C$2.5 Million Equity Financing
Lucky Minerals Announces New Strategic Investor, Michael Gentile, a $1.8 M Non-Brokered
Tectonic Metals Announces C$3 Million Strategic Investment by Leading Alaskan Native
Bald Eagle Gold Announces $2,300,000 Private Placement Led by Crescat Capital
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Thanks for being with us tonight
Great to see you :)
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Feature : Gravitas Plus: The dark side of Electric Vehicles
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Jan Nieuwenhuijs: Austria's gold transfer from London is seven years overdue
Submitted by admin on Fri, 2022-06-03 12:03 Section: Daily Dispatches
By Jan Nieuwenhuijs
Gainsville Coins, Lutz, Florida
Thursday, June 2, 2022
A plan conceived by the Austrian central bank in 2015 to move 50 tonnes of their monetary gold from London to Switzerland has not been realized seven years later. Here is an introduction to what could possibly have happened.
Since 2007 the Austrian central bank (Oesterreichische Nationalbank, hereafter "OeNB") owns a few kilograms short of 280 tonnes of gold. In a report released by the Austrian “court of audits” (Rechnungshof, RH) from February 2015 it stated Austria was holding too much of its metal (82%) in London at the Bank of England.
The court of audits concluded that all contracts between OeNB and its external depositories, but mainly the one in England, contained deficiencies and auditing measures were lacking.
Soon after the Austrian central bank announced a new storage concept. Contracts with external depositories would be reviewed and amended, 90 tonnes stored at BOE would be repatriated, and 50 tonnes would be transferred from London to Switzerland. Within five years (by 2020) the new storage concept should have been completed. ...
... For the remainder of the report:
https://www.gainesvillecoins.com/blog/austrian-gold-via-london-switzerland-has-not-arrived
Thank you to all M+M contributors past and present
Hope everybody is having a good weekend
Today's Treats
Thought of the Day
Today’s thought…
June 03, 2022:
"Paradoxically, when "dumb" money acknowledges its limitations, it ceases to be dumb."
--Warren Buffett, chairman?s letter, Berkshire Hathaway annual report, 1993, http://www.berkshirehathaway.com/letters/1993.html
This Day in Financial History
Learn what happened in business in today’s past
June 03:
1980: The Business Cycle Dating Committee of the National Bureau of Economic Research, the official arbiter of the nation's economic recessions and expansions, finally declares that a recession has begun -- in January, 1980, that is.
http://www.nber.org/cycles.html
1880: Wireless telecommunication gets a quick false start when Alexander Graham Bell transmits the first message on his new "photophone," which bounces sound off a mirror and uses a beam of sunlight to project the mirror's vibrations onto a photosensitive receiver. Although Bell was never able to commercialize his photophone, modern fiber optics work on the same basic principle.
http://memory.loc.gov/ammem/today/jun03.html
1775: The national debt of the U.S. is born, as the Continental Congress authorizes a loan of 6 million pounds sterling to buy gunpowder. Like politicians today, our founding fathers couldn't wait to spend money they didn't have.
William G. Anderson, The Price of Liberty: The Public Debt of the American Revolution (University Press of Virginia, Charlottesville, 1983), p. 6.
This Night In Rock History
1977 - Bob Marley & the Wailers
Bob Marley & the Wailers released Exodus. The album featured the hits, 'Jamming', 'Waiting In Vain', 'Three Little Birds' and 'One Love'. In 1999, Time magazine named Exodus the best album of the 20th century.
Have a Wonderful weekend all and thanks
J:D
tags, Junior mining network,GATA dispatches,Jason Zweig,This Day in Music, Sandvik Mining and Rock Solutions,Bob Marley, MaxKoMusic [No-Copyright Music] ,
WION Gravitas Plus, Caterpillar Mining,Perfte Transfer Cart, JAMA Mining Machines,
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1969 Dodge Daytona Breaks Auction Record | Mecum Auctions Indianapolis | MotorTrend
Faded Love, (1980) Didn't realize this version of the country classic, Faded Love, was from all the way back in 1980!
Nor did I realize it had some of Nashville's most famous and truly outstanding excellent sidemen.
Jody Payne (Longtime Willie Nelson guitarist, also played with Merle Haggard)
Guitar: Grady Martin (Played guitar on Marty Robbins 'El Paso', Roy Orbison's 'Pretty Woman', Brenda Lee's 'I'm Sorry' and more)
Steel Guitar: Buddy Emmons (played with everybody!) He won the Academy of Country Music's "Best Steel Guitarist" nine times, beginning in 1969.[2]
Drums: Paul English (played with Willie Nelson's band for decades)
Keyboards: Moises Calderon (Willie Nelson's bandleader for many years)
Bass: Dan 'Bee' Spears (Willie Nelson's bassist for four decades)
Bass: Chris Ethridge (Another excellent bassist who, like all of these guys, played with impeccable artists of interest)
Fiddle: Johnny Gimble ( A deep and varied fiddle playing career, from Bob Wills to Willie Nelson. His haunting fiddle on this track is unforgettably rich in emotion)
Harmonica: Mickey Raphael (The list of performers who he's played with is very lengthy)
All of them are gone now, except Willie Nelson, but they sure made some wonderful musical contributions during their lifetimes. It was worth the time looking them all up on Wikepedia to get a sense or their place in music history, and knowing I've heard many of them on recordings through the decades.
In The Arms Of An Angel-American Soldiers Tribute
Prince, Tom Petty, Steve Winwood, Jeff Lynne and others -- "While My Guitar Gently Weeps"
Mining Board Hypnotizes Viewers Literary Crushes It !
see it here
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Mining & Metals Top Juniors Movers & News___Makers
.
Tonight's Mining and Metals News Reel is About To Begin....So grab some snacks and refreshments
Sound tracks by J:D
.
.
.
.
.
.
Videos by J:D
Good Evening and Welcome to ~*~Mining & Metals Du Jour~*~
DD & tickers not included
MARKET ACTIVITY
TSX +216.40 (1.05%) 20,748.58
TSX Venture +9.53 (1.33%) 724.19
ASX 200 +77.40 (1.09%) 7,183.30
S&P 500 +100.40 (2.47%) 4,158.24
NYSE Gold Bugs +1.01 (0.39%) 260.34
VanEck Jr Miners +0.20 (0.50%) 39.87
Sprott Junior Miners -0.02 (0.06%) 35.84
COMMODITY PRICES
Gold (US$/oz) +0.59 (0.03%) 1,851.64
Silver (US$/oz) +0.12 (0.55%) 22.13
Copper (US$/lb) +0.05 (1.17%) 4.32
Platinum (US$/oz) +5.45 (0.58%) 943.55
Palladium (US$/oz) +53.25 (2.67%) 2,050.78
# DRILL RESULTS
FireFox Gold Provides an Exploration Update on its Sarvi and Mustajärvi Projects, Lapland
Tocvan Ventures Drills 63.4-meters of 0.6 g/t Au and 11 g/t Ag, including 29.9-meters
Omai Gold Mines Announces 5.0 g/t Au over 8.5 m and 2.3 g/t Au over 17.1 m
Cordoba Minerals Announces Diamond Drilling Results at Its 100%-Owned San Matias
Aurwest Resources Announces Drill Results from Paradise Lake of up to 6.20 g/t Gold
# DRILLING UPDATES
Azucar Minerals Completes First Hole at New Porphyry Lithocap Target at the El Cobre
Puddle Pond Resources Cuts Significant Widths of Near-Surface Gold Mineralization
Huntsman Exploration Provides Canegrass Drilling Update at its Ni-Cu-Co-PGE
Stone Gold Encounters Copper Mineralization in the Breton Breccia: Tribag Zone, Copper Road.
Tombill Mines Encounters Mineralization in Ongoing Near-Surface Drilling and Provides.
MacDonald Mines Provides Update on 2022 Phase 1 Drill Program on SPJ Property
Gratomic Provides Drilling Update on Capim Grosso Graphite Project
# DRILLING COMMENCED
Galleon Gold Commences Drill Program at the West Cache Gold Project
Consolidated Uranium Commences Drilling on US Projects Targeting Historic Mineral
Camino Commences Drilling at New Lourdes-Condori Copper Zones at Los Chapitos, Peru
Collective Mining Announces Reconnaissance Drilling is Underway at Trap
Churchill Resources Starts 2022 Drilling at Taylor Brook, Reports 2021 Results
MARKET MOVERS
Company +Change % Last Trade
Piedmont Lithium 3.89 6.18 $66.83
First Quantum Minerals 1.44 4.13 $36.34
Lithium Americas 1.25 3.62 $35.78
Franco-Nevada 1.13 0.63 $181.16
Sigma Lithium 1.12 6.52 $18.30
Altius Minerals 0.67 3.44 $20.15
Standard Lithium 0.59 7.88 $8.08
Cameco 0.56 1.77 $32.11
Allkem Limited 0.53 4.24 $13.03
Snow Lake Lithium 0.41 13.62 $3.42
Seabridge Gold 0.41 2.28 $18.37
U.S. Gold 0.39 8.55 $4.95
Triple Flag Precious Metals 0.33 2.09 $16.12
HIGH VOLUME
Company Volume Last Trade
Uranium Energy 14,728,192 $3.88
Hycroft Mining 5,937,173 $1.28
Kinross Gold 3,655,655 $5.79
Amerigo Resources 2,705,177 $1.70
OceanaGold 2,610,391 $2.97
B2Gold 2,523,838 $5.14
First Quantum Minerals 2,151,272 $36.34
Denison Mines 2,139,403 $1.58
Lundin Mining 1,763,420 $11.05
K92 Mining 1,761,336 $8.89
Yamana Gold 1,720,339 $6.58
New Gold 1,685,568 $1.68
Eldorado Gold 1,516,658 $10.40
EARNINGS / PRODUCTION RESULTS
Cerrado Gold Achieves Strong First Quarter Earnings, Cashflow and Low Operating Costs
Guanajuato Silver Announces Q1 2022 Financial and Operating Results
Silvercorp Metals Reports Adjusted Earnings of $52.4 Million, $0.30 Per Share, and Cash
Minto Metals Delivers A Record First Quarter With 9.1 Million Lbs Of Copper Production
Altiplano Metals Reports April 2022 Results at Farellon with 2.07% Copper Recovery
Superior Gold Reports Solid First Quarter 2022 Results
Three Valley Copper Reports 2022 First Quarter Results and Provides Corporate Update
# PROJECT ACQUISITIONS
B2Gold to Acquire Oklo Resources and its Extensive Land Package near the Fekola Mine
Almadex Minerals Announces Acquisition of 100% of Logan Zn/Ag Project in Yukon Territory
Avrupa Minerals Receives New Slivova Exploration License in Kosovo
Prospector Metals Acquires Leopard Lake Property, Northwest Ontario
Sierra Madre Gold and Silver to Acquire the La Guitarra Silver-Gold Mine in Mexico
# SAMPLING RESULTS
Novo Resources: Significant Lithium-Tantalum Mineralization Identified
79North Discovers New Gold Occurrence and Additional Drilling Target
American Pacific Mining Reports High-Grade Samples up to 205 g/t Gold and 209 g/t...
Leocor Gold Defines 7km Gold/Copper Trend at the Baie Verte Project, NW Newfoundland
Kore Mining Increases Scale of Western Mesquite-Imperial-Picacho Target Areas
FEASIBILITY / PEA / MRE
SolGold Announces Cascabel - Tandayama-America Resource Update
Aurelius Minerals Announces Maiden Mineral Resource Estimate at Aureus East - Significant.
Superior Gold Increases Mineral Reserves By 66% And Inferred Mineral Resources By 29%
Osisko Development Announces Preliminary Economic Assessment for the Cariboo Gold Project
NioCorp's Elk Creek Project Confirmed as the Second Largest Indicated-Or-Better Rare Earth
TDG Gold Publishes Initial Mineral Resource Estimate for Shasta, Toodoggone District, B.C.
Banyan Gold Announces 4 Million Ounce Gold Mineral Resource Estimate for the Aurmac
MERGERS / ACQUISITIONS
B2Gold to Acquire Oklo Resources and its Extensive Land Package near the Fekola Mine
Orca Gold Announces Receipt of Overwhelming Securityholder Approval for its Business
CopAur Minerals Completes Acquisition Of New Placer Dome Gold
Sandstorm Gold Royalties Announces US$1.1 Billion Portfolio Transformation
Northern Superior Resources and Genesis Metals Announce Signing of Definitive Agreement
$ FINANCINGS
PureGold Mining Closes Final Tranche of Previously Announced Non-Brokered Private...
Fireweed Zinc Closes Previously Announced Offering for Total Proceeds of C$13.1M
Canex Metals Closes C$2.5 Million Equity Financing And Welcomes Strategic Investor Michael
Loncor Gold Announces C$2.5 Million Private Placement Financing
Lucky Minerals Announces New Strategic Investor, Michael Gentile, a $1.8 M Non-Brokered
NEW / DUAL LISTINGS
Osisko Development Announces NYSE Listing and Satisfaction of Escrow Release Condition
Sandstorm Gold Royalties and Equinox Gold Launch Sandbox Royalties: A Diversified Metals
Osisko Development to Commence Trading on the New York Stock Exchange
Reunion Gold Announces Trading on the OTCQB Venture Market in the United States
Mawson Gold’s Subsidiary Southern Cross Gold Lists on the ASX
BOARD / MANAGEMENT CHANGES
Traction Uranium Announces Appointment of New Chairman and Management Change
Jamile Cruz Appointed to ATEX Resource's Board of Directors
U.S. Gold Appoints Co-Founder and Mining Industry Veteran Luke Norman as Chairman
Leading Global Mining Executive Peter Oliver to Join the NioCorp Board
Ready Set Gold Appoints Christopher Reynolds to Board of Directors
DRILL PERMITS / TARGETS
Tarku Resources Generates 5.35km of Targets for Drilling its 3As Projects, Quebec
Mayo Lake Minerals Adds to Drill Targets on Anderson Gold Trend
EV Nickel Receives Exploration Permit for Phase 3 Drilling and Initiates Surface Sampling
Turmalina Metals Awarded Drill Permit for Chanape Project
ATAC Resources Announces Commencement of 2022 Exploration Program
$ STRATEGIC INVESTORS
Canex Metals Closes C$2.5 Million Equity Financing And Welcomes Strategic Investor Michael
Lucky Minerals Announces New Strategic Investor, Michael Gentile, a $1.8 M Non-Brokered
Tectonic Metals Announces C$3 Million Strategic Investment by Leading Alaskan Native
Bald Eagle Gold Announces $2,300,000 Private Placement Led by Crescat Capital
Geomega Resources Closes $1M Equity Financing with Michael Gentile, CFA
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Thanks for being with us tonight
Great to see you :)
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Feature
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Giustra repeats belief in gold suppression; Kitco evades in central banker interview
Submitted by admin on Fri, 2022-05-27 11:43 Section: Daily Dispatches
11:51a ET Friday, May 27, 2022
Dear Friend of GATA and Gold:
In an interview this week for his channel at YouTube, Jay Martin of Cambridge House, sponsor of the Vancouver Resource Investment Conference, interviewed mining and entertainment entrepreneur Frank Giustra and got him to repeat his recently expressed belief that the gold price has been manipulated and suppressed, though Giustra says he has only circumstantial evidence, no proof, and doesn't know who is doing the suppression.
Of course GATA can provide the proof and identify the perpetrators, and indeed a few years ago supplied Giustra with much of that proof, which is compiled here --
https://gata.org/node/20925
-- but GATA is no longer invited to make presentations at the Vancouver conference. Presumably this is because letting investors know that, as the author and market analyst Jim Rickards said on CNBC in 2009, "When you own gold you're fighting every central bank in the world," does not always facilitate the touting of gold mining stocks at investment conferences.
Also presumably, as a zillionaire Giustra feels he has too much to lose by plainly identifying government as the perpetrator of gold price suppression. But at least he and now even Martin feel obliged to acknowledge the overwhelmingly obvious: that gold's sleepy performance lately amid roaring inflation has been counterintuitive in the extreme and can't be ignored anymore -- except maybe at the Vancouver conference.
Giustra's interview with Martin is a half hour long, with his comments on gold beginning at the 7:35 mark here:
https://www.youtube.com/watch?v=y_v2jiibF98
Meanwhile, over at Kitco News, interviewer David Lin questions the former governor of the Bank of Canada, David Dodge, about the bank's liquidation of its gold two decades ago but fails to rise to the spectacular opportunity to ask a former central banker about surreptitious intervention in the gold market by central banks.
Lin's interview with Dodge is 17 minutes long and can be seen at Kitco here:
https://www.kitco.com/news/2022-05-26/Gold-is-an-antique-instrument-This-is-why-Canada-sold-all-its-gold-reserves-former-BOC-head-David-Dodge.html
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Fearless, Into a three day weekend
https://jessescrossroadscafe.blogspot.com/
US markets will be closed on Monday for Memorial Day observance.
Stocks were in rally mode today, what looked like a proper bear market rally.
Considering we have seven weeks of weakness and declines as we *finally* set that second low we have to say that it's about time.
Now let's see if bully can keep the squeeze going, or not.
With the general risk on atmosphere, the Dollar and VIX were lower.
The VIX is now back down to its 50 DMA which has marked a support level in the recent past.
Gold and silver were trying to break out this morning, but were smacked down lower in the general exuberance.
Next week may be pivotal.
For the rest of the world, try to carry on with US guidance on Monday.
Have a pleasant weekend.
https://jessescrossroadscafe.blogspot.com/
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Thank you to all M+M contributors past and present
Hope everybody is crushing it this Memorial Day Weekend
Today's Treats
Thought of the Day
Today’s thought…
May 27, 2022:
"This is how one pictures the angel of history. His face is turned toward the past. Where we perceive a chain of events, he sees one single catastrophe which keeps piling wreckage and hurls it in front of his feet. The angel would like to stay, awaken the dead, and make whole what has been smashed. But a storm is blowing in from Paradise; it has got caught in his wings with such a violence that the angel can no longer close them. The storm irresistibly propels him into the future to which his back is turned, while the pile of debris before him grows skyward. This storm is what we call progress."
--Walter Benjamin, Theses on the Philosophy of History (1940), http://www.tasc.ac.uk/depart/media/staff/ls/Wbenjamin/CONCEPT2.html
This Day in Financial History
Learn what happened in business in today’s past
May 27:
1933: Pres. Franklin D. Roosevelt signs into law the Securities Act of 1933, requiring all issuers of stocks and bonds to publish a prospectus disclosing risks, conflicts of interest, and ownership positions. Says Roosevelt: "The Act is thus intended to correct some of the evils which have been so glaringly revealed in the private exploitation of the public's money." With the public crying for revenge on Wall Street after the Crash of 1929, the bill had passed in the House of Representatives without any debate or a recorded vote; the Senate had debated it for only two hours.
Joel Seligman, The Transformation of Wall Street: A History of the Securities and Exchange Commission and Modern Wall Street (Houghton Mifflin, Boston, 1982), p. 38; Barrie A. Wigmore, The Crash and Its Aftermath: A History of Securities Markets in the United States, 1929-1933 (Greenwood Press, Westport, CT, and London, 1985), p. 425; http://papers.ssrn.com/paper.taf?abstract_id=224729
1794: Cornelius Vanderbilt is born on a farm in Staten Island, N.Y. He starts off in the steamboat business with $100, breaking Robert Fulton's monopoly on steamboat traffic in the Hudson River by charging 75% less. He then moves into railroads, building the New York Central into one of the world's dominant businesses, and dies as the world's richest man in 1877, with a $105 million fortune.
http://en.wikipedia.org/wiki/Cornelius_Vanderbilthttp://www.vanderbilt.edu/admissions/history.htmhttp://www.city-journal.org/html/5_1_a2.html
MMGYS Memorial Day Weekend Kick Off
The Beach Boys perform a medley of their hits with John Stamos and Jimmy Buffett
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168992673
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This Night in Rock History
1978 "Movin' Out (Anthony's Song)" by Billy Joel peaks at Number 17 on the pop chart.
Have a Wonderful Memorial Day Weekend all and thanks
J:D
tags, Junior mining network,Gata dispatches,Jason Zweig,Alice Cooper, Sandvik Mining and Rock Solutions,Billy Joel, sanjay bapna,Alex-Productions ( No Copyright Music, DardaGmbH, MMD GROUP, Luoyang Dahua Heavy Industry Science & Technology Co., Ltd.,Trimax Machinery
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Memorial Day Weekend Kick Off
The Beach Boys perform a medley of their hits with John Stamos and Jimmy Buffett
Christie’s HK evening sale achieves US$180m, topped by Picasso’s US$22.2m chef-d’oeuvre from Sean Connery
https://en.thevalue.com/articles/christies-hk-2022-spring-20th-21st-century-art-evening-sale-result-western-art
128-Foot Yacht Once Owned by David Bowie Is...On...Sale..Listed...€4.85 Million
Dance in the moonlight, the serious moonlight, on a yacht once owned by the late David Bowie and currently on the market for €4.85 million (US$5.2 million).
El Caran was built in 1977 by the Italian shipbuilding company Benetti, and was owned by Bowie in the years later, according to Fraser Yachts, an international yacht brokerage. It was refitted in 2020, and now boasts “elegant classic lines” and “can accommodate up to 12 guests in six charming cabins complete with fresh new interiors” according to broker Giulio Riggio, who had the listing.
“This magnificent Benetti, fully refitted, is ready to be inspected in the Marina Fiumicino Roma, ” Mr. Riggio said in an email, referring to an Italian boating authority.
More: A Miami-Area Home Once Owned by Marc Anthony Lists for $12 Million
The 128-foot yacht, with interiors by Italian designer Simona Lamboglia, offers a teak deck—a perfect place to soak up the sun or dance in the moonlight. There’s also a dining room that opens to the main salon and a sky lounge, according to the listing, which was posted earlier this month.
Ms. Lamboglia saw a “brave challenge” in refitting the yacht, “which arrived in port completely abandoned,” she said in a translated promotional video.
“When the new owner proposed the restoration, the first thought is to respect the original project, but, at the same time, create a comfortable and modern environment,” she explained.
The yacht has been designed with pops of color throughout.
FRASER YACHTS
That included adding cabins and updating public spaces to suit the style of the current owners, a young family who love “entertaining and luxury,” the designer added. Mansion Global could not determine who owns the yacht, how much they paid for it or when.
From Penta: A Collection of Dora Maar’s Photographs Heads to Auction in Paris
El Caran features dark woods and clean lines throughout, as well as surreal paintings and pops of color that seem like nods to Bowie, according to listing photos. The yacht is also fully staffed, and has an on-board chef to create a menu of dishes for “demanding guests.”
“It all harmonizes and is a perfect balance between design, food and the history of this yacht, which has lived wonderful years with one of the greatest musicians,” Ms. Lamboglia said in a promotional video.
Bowie—the iconic English singer-songwriter who died in 2016 at the age of 69—owned the yacht in the 1980s. The late rocker dubbed the vessel the Deneb Star, after one of the brightest stars in the sky and part of the Cygnus, or swan, constellation.
This article originally appeared on Mansion Global.
https://www.barrons.com/articles/a-128-foot-yacht-once-owned-by-david-bowie-is-listed-for-4-85-million-01653488016
Luxury yacht owned by David Bowie goes on sale at £4M
May 20, 2022
Kurt Cobain’s Guitar From ‘Smells Like Teen Spirit’ Video Fetches $4.5 Million at Auction
The 1969 Fender Mustang electric guitar played by Kurt Cobain in Nirvana's 1991 music video for their breakout hit, Smells Like Teen Spirit, sold for US$4.5 million at auction Sunday, far beyond its presale estimate between US$600,000 and US$800,000.
The buyer was billionaire businessman Jim Irsay, owner of the Indianapolis Colts football team, according to Julien’s Auctions, which handled the sale.
https://www.barrons.com/articles/kurt-cobains-guitar-from-smells-like-teen-spirit-video-fetches-4-5-million-at-auction-01653334833
Justin Sun: NFT is the Art of Our Generation
May 23, 2022
Sotheby's
In case you have not heard his name, H.E. Justin Sun is a Chinese-born crypto mogul in his early 30s. The founder of the crypto currency platform TRON and Ambassador of Grenada to the WTO, he has also amassed some of the most valuable and sought-after physical and digital art, including Giacometti’s Le Nez (1947), which sold for USD$78.4 million at Sotheby’s sale of the Macklowe Collection in 2021.
In this episode of A Life Less Ordinary, he shares his views on the evolution of NFT and art in general, “NFT is the art of our generation.”
J6 on J9 America's first presidential crime TV blockbuster exposure event begins
IMO this will slowly be priced in the market each day social media covers the crap out of this.
This is HUGE, Hundreds of politicians will face federal charges.
As Insurrection Hearings Set to Open on June 9, Reasons for Optimism that Trump will be Indicted
Bacon's US$46.2 million Pope portrait tops Sotheby's New York evening sale
By: Kayan Wong
20 May, 2022 | Fri | 16:07
This season's New York auction marathon came to a close with Sotheby's US$210 million Contemporary Art Evening Sale.
Amongst 27 lots offered, only one was unsold, bringing in a total hammer price of US$181 million – higher than its presale low estimate of US$170 million.
The sale's top lot was Francis Bacon's Study of Red Pope 1962. 2nd Version 1971 – the only painting by the British figurative painter depicting both the Pope and his lover, George Dyer – which realised US$46.2 million after fees.
see them here >>>> https://en.thevalue.com/articles/sothebys-new-york-contemporary-art-evening-sale-francis-bacon-pope-cy-twombly-2022
The Most Valuable Car in the World....The..€135M...Mercedes-Benz 300 SLR Uhlenhaut Coupé
One of the funniest Comments I've ever read
Sotheby’s Contemporary Sales Break Records, Realizing $283.4 Million
https://www.barrons.com/articles/sothebys-contemporary-sales-break-records-realizing-283-4-million-01653010988
The Room is Rich Tonight
Art investments have out performed the stock market by a country mile since the inception of the stock market.
LIVE with chat
LIVE from New York-The Now & Contemporary_Evening_Auctions
Elon Musk & Cathie Wood (LIVE): Inflation, What happened to cryptocurrency? | Tesla Conference
Picasso’s masterwork of lover and muse shines at Sotheby’s US$408m evening sale
https://en.thevalue.com/articles/sothebys-new-york-modern-art-evening-sale-picasso-monet-2022
LIVE from New York | Modern Evening Auction
Sotheby's
We're LIVE from Sotheby's New York for the Modern Evening Auction, presented in partnership with CELINE. From the alluring Impressionist masterpieces of Claude Monet and Pierre-Auguste Renoir to the pioneering Post-Impressionist depictions by Cézanne and the groundbreaking Modernist canvases of Henri Matisse, Pablo Picasso and Philip Guston, the Modern Evening Auction will bring together works which exemplify the undaunted spirit of artistic innovation in the 19th and early 20th centuries. Tracing the origins and fulfillment of abstraction from Impressionism through Pointillism, Cubism, Abstract Expressionism and beyond, the May sale will spotlight the critical artistic developments of the last 150 years, uniting those masterworks that define art history as we know it today.
Macklowe Collection Reaches US$922.2 million Across Two Sales
LIVE from New York | The Macklowe Collection
Friday Night at the M+M Du Jour Ballroom
It's a hot time in the mining camp tonight......
from the GraveYard Shift board
enjoy
Mining & Metals Top Juniors Movers & News___Makers
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Good Evening and Welcome to ~*~Mining & Metals Du Jour~*~
Broadcasting Live from the "Club Du Jour Ballroom" dance festival
So grab you hoe and let's go........
Videos by J:D
Sound tracks by J:D
DD & tickers not included
MARKET ACTIVITY
TSX +400.76 (2.03%) 20,099.81
TSX Venture +29.40 (4.41%) 696.65
ASX 200 +127.30 (1.83%) 7,068.30
S&P 500 +93.81 (2.39%) 4,023.89
NYSE Gold Bugs +4.38 (1.80%) 247.52
VanEck Jr Miners +1.40 (3.92%) 37.10
Sprott Junior Miners +1.25 (3.86%) 33.67
COMMODITY PRICES
Gold (US$/oz) -13.40 (0.73%) 1,811.20
Silver (US$/oz) +0.33 (1.59%) 21.10
Copper (US$/lb) +0.07 (1.71%) 4.17
Platinum (US$/oz) -8.55 (0.91%) 930.15
Palladium (US$/oz) -0.25 (0.01%) 1,918.28
# DRILL RESULTS
Discovery Silver Intercepts 337 g/t AgEq over 34 m and 606 g/t AgEq over 18 m
Garibaldi Resources: Casper Vein Returns 30 G/t Gold Along Strike To The South-east
Filo Mining Extends Breccia 41 by 175m to the North; FSDH057 ends in 13.8% Cu, 13.2 g/t Au...
Scorpio Gold’s Phase II Drilling Program Encounters Significant Intercepts; 16.80 meters
Millennial Precious Metals Intersects 1.48 g/t Au Over 185.5m, Including 3.99 g/t Au
# DRILLING UPDATES
Stelmine Canada Completes Phase 1 Drilling at Courcy
Jourdan Resources Announces Drilling Program Continues to Intersect the New Eastern
Orford Mining Reports Encouraging Preliminary Drill Results from Joutel Eagle Gold
Bayhorse Silver Reports 20 Foot Delineation Drill Intersection At the Silver Rich Bayhorse...
Noram Lithium Completes Major Milestone: Infill Drill Program for Pre-Feasiblity Study...
Queensland Gold Hills Provides Update on the Inaugural Drill Program at the Big Hill Gold
ALX Resources Completes Inaugural Drilling Program at Electra Nickel Project, Ontario
# DRILLING COMMENCED
Blackrock Silver Commences Fully Funded Tonopah West Resource Expansion & Step-Out
Sarama Resources Commences +50,000m Drill Program at Sanutura Project
Mantaro Precious Metals Mobilizes Crew for 5,000 Meter Drill Program at Golden Hill
Ridgeline Minerals Commences Drill Program at the Selena Project, Nevada
Casa Minerals Starts Its Drill Program at the Congress Gold Mine for the First Time
MARKET MOVERS
Company +Change% Last Trade
Piedmont Lithium +5.76 12.38% $52.30
Filo Mining 5.05 30.39 $21.67
Lithium Americas 2.68 9.99 $29.51
Cameco 1.60 5.96 $28.45
MAG Silver 1.03 6.33 $17.30
First Majestic Silver 0.88 9.10 $10.55
Standard Lithium 0.81 12.64 $7.22
Solaris Resources 0.79 7.58 $11.21
Aya Gold & Silver 0.77 13.05 $6.67
Allkem Limited 0.77 8.15 $10.22
Energy Fuels 0.74 10.80 $7.59
Wesdome Gold Mines 0.69 6.44 $11.41
Altius Minerals 0.68 3.75 $18.80
SilverCrest Metals 0.68 8.43 $8.75
Largo Resources 0.58 5.95 $10.32
HIGH VOLUME
Company Volume Last Trade
Uranium Energy 22,754,950 $3.44
Hycroft Mining 8,897,908 $1.34
Yamana Gold 6,634,116 $6.34
Kinross Gold 4,962,101 $5.36
Argonaut Gold 4,250,863 $1.23
Aurcana Silver 4,130,418 $0.09
Lundin Mining 3,949,849 $9.82
Mega Uranium 3,596,275 $0.22
Denison Mines 3,338,287 $1.41
B2Gold 3,132,363 $5.13
Radisson Mining Resources 2,432,205 $0.13
Cameco 2,222,446 $28.45
Capstone Copper 2,190,369 $4.64
OceanaGold 2,073,544 $2.64
UEX Corporation 1,980,821 $0.29
EARNINGS / PRODUCTION RESULTS
Novo Resources Reports Q1 2022 Financial Results
Condor Gold Announces Unaudited Results for Three Months Ended 31 March 2022
Alphamin Resources Announces Q1 2022 EBITDA of US$98M/ Tin Sold Up 9% to 3,336 Tonnes
Maverix Metals Announces First Quarter 2022 Results And Declares Quarterly Dividend
Metalla Royalty & Streaming Reports Financial Results For The First Quarter Of 2022
Aya Gold & Silver Reports First Quarter 2022 Results; Maintains Guidance, Mine Development
Marathon Gold Announces 2022 First Quarter Results
# PROJECT ACQUISITIONS
Torr Metals Acquires All Crown Grants on the Latham Copper-Gold Project
AEX Gold Becomes Largest Acreage Holder in Southern Greenland
Fireweed Zinc Acquires the Gayna River Zinc Project
Gold Basin Resources Secures Key Ground Between Cyclopic and Stealth Deposits
Platinex Announces Acquisition of Titanium-Vanadium Claims Adjacent to W2 Cu-Ni-PGE
# SAMPLING RESULTS
Collective Mining Outlines Multiple, High-Grade Vein Systems at Olympus
Sierra Madre Gold and Silver Underground Channel Samples Return 0.7 Metres of 239.0 G/T
Hannan Metals Identifies Significant Copper-Gold Porphyry-Epithermal Discoveries
Prismo Metals Samples 28 g/t Gold at Los Pavitos Project, Mexico
Silver Hammer Mining Purchases Strategic California Mine Patent Claim and Reports
FEASIBILITY / PEA / MRE
Manganese X Energy Announces Positive PEA for its Battery Hill Project After-Tax NPV 10%
Karora Resources Announces 22% Increase to Nickel Mineral Resources Highlighted by Maiden
Moneta Gold Increases Resources to 4,265,000 Oz Gold Indicated and 7,496,000 Oz Gold Inferred
Maritime Resources Announces Mineral Resource Estimate for the Lac Pelletier Gold Project
Doré Copper Mining Announces Positive Preliminary Economic Assessment for Restarting
Cassiar Gold Announces New Pit-Constrained Inferred Mineral Resource Estimate at the Taurus
Sonoro Gold Announces Positive Updated PEA Results Increasing Pre-Tax NPV To USD $84.4.
MERGERS / ACQUISITIONS
CopAur Minerals Completes Acquisition Of New Placer Dome Gold .
New Placer Dome Gold Shareholders Approve Acquisition by CopAur Minerals
Sandstorm Gold Royalties Announces US$1.1 Billion Portfolio Transformation
Northern Superior Resources and Genesis Metals Announce Signing of Definitive Agreement
Elemental Royalties Board Continues to Recommend Rejection of Gold Royalty's Hostile
$ FINANCINGS
Solaris Resources Receives $30 Million from Warrant Exercises; Fully Funded
Eloro Resources Announces Upsized Bought Deal Financing To C$8.5 Million
Ascendant Resources Announces C$3.5 Million Non-Brokered Private Placement
Ceylon Graphite Closes Upsized $3,500,000 Private Placement and Extension of Debentures
Pancontinental Resources Announces Closing of Final Tranche of Brokered Private Placement
NEW / DUAL LISTINGS
Solis Minerals Lists on OTCQB Venture Market Under SLMFF
Labrador Uranium Commences Trading on the OTCQB Marketplace
NevGold Begins Trading on The OTCQX Best Marketplace
Longhorn Exploration Completes IPO and Announces Listing on the TSX Venture Exchange
Austin Gold Closes Initial Public Offering, Including Full Exercise of the Over-allotment
BOARD / MANAGEMENT CHANGES
Great Bear Royalties Appoints Board Chair and CEO; Provides Update on Great Bear Project
Gold Lion Resources Announces Appointment of Guy Bourgeois as Chief Executive Officer, Interim
Generation Mining Strengthens Management Team as it Moves the Marathon Project
Arizona Sonoran Copper Strengthens Management Team
Clean Air Metals Announces the Appointment of Mr. Mike Garbutt, P.Eng. MBA as Chief Operating
DRILL PERMITS / TARGETS
Kore Mining Advancing Exploration Drill Permitting in the Mesquite-imperial-Picacho District
Anacortes Mining: Tres Cruces Project Receives Final Approval for Drilling Program
Palladium One Mining Announces Drilling of the Award Winning Tyko Nickel-Copper-Cobalt
CMC Metals Announces the Identification of Six Significant Geophysical Targets
Emerita Resources Receives Approval for La Romanera and El Cura Deposit Drilling
$ STRATEGIC INVESTORS
Bald Eagle Gold Announces $2,300,000 Private Placement Led by Crescat Capital
Geomega Resources Closes $1M Equity Financing with Michael Gentile, CFA
Canex Metals Announces C$2.5 Million Equity Financing and Welcomes Strategic Investor
Luminex Resources Closes C$9M Private Placement led by Ross Beaty
Novo Resources Completes First Tranche of New Found Gold Sale for C$68.9 Million
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Thanks for being with us tonight
Great to see you :)
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Crypto coyote completes new Roadrunner Mine Map
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Craig Hemke at Sprott Money: Upward reversals for gold and silver coming soon
Submitted by admin on Tue, 2022-05-10 21:50 Section: Daily Dispatches
9:45p ET Tuesday, May 10, 2022
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing today at Sprott Money, shrugs off the recent plunges in gold and silver futures and contends that upward reversals will happen soon as the Federal Reserve eases off its increases in interest rates to halt a stock market crash.
Hemke's analysis is headlined "Reality Bites: An Update" and it's posted at Sprott Money here:
https://www.sprottmoney.com/blog/Reality-Bites-An-Update-Craig-Hemke-May-10-2022
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Dancing Excavators Part 1 - SANY
Thank you to all M+M contributors past and present
Hope everybody is having a good weekend
Today's Treats
Thought of the Day
Today’s thought…
May 13, 2022:
"Be not thou afraid when one is made rich, when the glory of his house is increased; for when he dieth he shall carry nothing away: his glory shall not descend after him."
----Psalm 49: 16-17.
This Day in Financial History
Learn what happened in business in today’s past
May 13:
1999: Barbie goes high-tech as Mattel Inc. acquires The Learning Co., a maker of educational software, for $3.5 billion. Barbie should have just stayed in front of the bathroom mirror: By year-end, Mattel has taken $342 million in "restructuring charges" resulting from the acquisition. After only 16 months, Mattel sells The Learning Co. to Gores Technology Group for no cash up front, the assumption of The Learning Co.'s debt and an undisclosed percentage of its future profits (if it ever has any). That means Mattel has lost roughly $4 billion on the acquisition, with nothing to show for it -- making the deal one of the worst in modern history.
The Wall Street Journal, May 10, 1999, p. B12, and October 2, 2000, p. A3; Forbes ASAP, May 28, 2001, p. 44; Mattel Inc. Form 10-Q for the quarter ended June 30, 1999; Mattel Inc. 1999 Annual Report, pp. 37-38 (http://www.shareholder.com/mattel/annual.cfm); Mattel press release, September 29, 2000 (http://www.shareholder.com/mattel/news/20000929-43333.cfm)http://www.gores.com/archive_13.html
1986: With Wall Street going ga-ga over media and retailing stocks, Home Shopping Network goes public, selling 2 million shares at an initial offering price of $18. The stock closes at $47.75, up 165.3%, probably the highest first-day return yet on record. (A decade later, the Internet will change all that.)
Jay R. Ritter, professor of finance, University of Florida, "Big IPO Runups of 1975-2000," at http://bear.cba.ufl.edu/ritter/ritterbi.htm
This Night in Rock History
1941 Ritchie Valens ("La Bamba") is born. He dies in 1959, in the plane crash that also claims Buddy Holly and J.P. "The Big Bopper" Richardson.
Have a Wonderful weekend all and thanks
J:D
tags, Junior mining network,Gata dispatches,Jason Zweig,Alice Cooper, Sandvik Mining and Rock Solutions,Jesse's Cafe American,Corporate Music Only - No Copyright Music, New China TV, Mohan_vw,
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Andy Warhol’s US$195m Marilyn Monroe portrait becomes second costliest painting in auction history
https://en.thevalue.com/articles/andy-warhol-shot-sage-blue-marilyn-record-breaking-sale-christies-ny-2022
Banksy's Choose Your Weapon
Triumphant Spring Sales Reaffirm Sotheby's Market Leadership in Asia
Meat Loaf - Paradise By The Dashboard Light
Etta James Doctor John 'I'd Rather Go Blind'
Mother knocking on my door yelling
JD JD TURN IT DOWN !!!!
Yes Mom, but I'm just starting you're "Mother Day Special"
I DON'T CARE TURN IT DOWN
Yes Mom.....sulking......
RIP Country star Mickey Gilley, cousin of Jerry Lee Lewis and Jimmy Swaggart, dead at 86 today.
So here's his Room Full of Roses hit, on the day of the Run for the Roses in Kentucky at Churchill Downs.
Friday Night Fever. . . . . . .
From tonight's Mining and Metals board (News Reel)
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Mining & Metals Top Juniors Movers & News___Makers
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Good Evening and Welcome to ~*~Mining & Metals Du Jour~*~ Mothers Day edition
Videos by J:D
Sound tracks by J:D
DD & tickers not included
MARKET ACTIVITY
TSX -62.89 (0.30%) 20,633.28
TSX Venture -13.72 (1.75%) 769.97
ASX 200 -163.70 (2.22%) 7,203.00
S&P 500 -23.53 (0.57%) 4,123.34
NYSE Gold Bugs -2.57 (0.93%) 274.06
VanEck Jr Miners -0.65 (1.54%) 41.45
Sprott Junior Miners -0.56 (1.45%) 38.00
COMMODITY PRICES
Gold (US$/oz) +5.42 (0.29%) 1,882.80
Silver (US$/oz) -0.21 (0.93%) 22.37
Copper (US$/lb) -0.04 (0.93%) 4.25
Platinum (US$/oz) -25.45 (2.61%) 948.05
Palladium (US$/oz) -147.77 (6.78%) 2,032.00
# DRILL RESULTS
Labrador Gold Intersects 54.17 G/T Au Over 0.95m at the Big Vein Target
i-80 Gold Intersects High-Grade Gold in Initial Drilling of the Ogee Zone at Granite Creek
Wesdome Gold Mines Announces Continued High Grade Drilling Results From the Falcon 7 Zone
Orezone Gold Continues to Intersect High-Grade Gold at P17S Extension at the Bomboré Gold
Integra Resources Intersects 3.95 g/t AuEq Over 77.7 M in Extension Drilling at War Eagle
# DRILLING UPDATES
Green Battery Minerals Receives Assays From Drilling Into Graphite Outcrop On Zone 6
New Found Gold Commences Shipment of Drill Core Samples to MSALAB's Chrysos PhotonAssay
Basin Uranium Announces Completion of Second Hole at Mann Lake
Belmont Resources Provides Drill Update for Lone Star JV with Marquee Resources
Independence Gold Completes Drill Program at 3Ts Project, BC
FireFox Gold To Exercise Option for 100% Interest in the Sarvi Property, Finland
Puma Exploration Adds a Second Drill at Its Williams Brook Gold Project
# DRILLING COMMENCED
Minsud Resources Commences Phase IV Drilling at Chita Valley Project, San Juan, Argentina
High Tide Resources Begins Drilling at Labrador West Iron Project
Puddle Pond Resources Reports that its Inaugural Drilling Program has Commenced
Opawica Explorations Commences Maiden 5,000m Drill Program at Arrowhead Property
Japan Gold Announces Ryuo Prospect Drilling Underway
MARKET MOVERS
Company +Change% Last Trade
Newcrest Mining 0.37 +1.56% $24.15
Los Andes Copper 0.36 2.55 $14.50
Solaris Resources 0.27 2.31 $11.97
Altius Minerals 0.26 1.27 $20.74
Endeavour Mining 0.26 0.80 $32.68
Hilo Mining 0.26 76.47 $0.60
Turquoise Hill Resources 0.22 0.62 $35.76
Rupert Resources 0.22 4.27 $5.37
Emerita Resources 0.20 12.12 $1.85
Andean Precious Metals 0.18 15.13 $1.37
Imperial Metals 0.17 4.53 $3.92
Largo Resources 0.16 1.53 $10.59
Aris Gold 0.13 7.34 $1.90
North Peak Resources 0.12 7.89 $1.64
Osino Resources 0.10 9.26 $1.18
HIGH VOLUME
Company Volume Last Trade
Hycroft Mining 15,626,490 $1.54
Uranium Energy 11,572,073 $4.13
Denison Mines 6,864,144 $1.54
Cameco 4,920,392 $30.71
Northern Lights Resources 4,122,000 $0.01
Fission Uranium 3,612,817 $0.80
Green Battery Minerals 3,599,649 $0.14
UEX Corporation 2,903,537 $0.28
The Metals Company 2,824,189 $1.47
NexGen Energy 2,772,251 $5.73
Kinross Gold 2,396,207 $6.33
B2Gold 2,340,992 $5.56
First Quantum Minerals 2,332,379 $33.02
Austin Gold 2,151,952 $2.96
IAMGOLD 2,092,885 $2.71
EARNINGS / PRODUCTION RESULTS
Wheaton Precious Metals Announces Solid Start To 2022
Cameco Reports First Quarter Results, Beginning to Benefit From Strategic Decisions
MP Materials Reports First Quarter 2022 Results
Nomad Royalty Company Reports Q1 Results And Declares Second Quarter 2022 Dividend
Lucara's Q1 2022 Revenue of $68.2 Million Reflective of a Strong Start to 2022
Cerrado Gold Reports Strong First Quarter Production Results from Its Minera Don Nicolas
# PROJECT ACQUISITIONS
Riverside Resources-BHP Exploration Agreement Adds Llano De Nogal Copper Project
McFarlane Lake Mining Acquires Mining Leases in Michaud and Munro Townships
Kestrel Gold Options Fireweed Project in British Columbia
Trailbreaker Resources Acquires the Connector Gold Property, Adjacent to the...
Roo Gold Acquires Additional Exploration Licence On Peel-Manning
# SAMPLING RESULTS
Visionary Gold Announces the Discovery of Two New Prospects and Samples 9.07% Copper
Altiplano Metals Defines Prospective 3.5 x 1.5 km Epithermal Alteration System
Search Minerals Announces Additional Channel Assay Results Expanding FOX MEADOW Rare
Canstar Resources Announces Till Results with up to 502 Gold Grains and Additional
Fabled Copper Reports on the Davis Keays Eagle Vein Area with 6 Additional Parallel
FEASIBILITY / PEA / MRE
Kuya Silver Announces Results of Independent Preliminary Economic Assessment
Blackrock Silver Announces Tonopah West Maiden Stope Optimized Resource Estimate; 2.9 Million
Jervois Global Releases BFS for Sao Miguel Paulista Refinery Restart
Osisko Metals Announces Maiden Resource at Gaspé Copper - Inferred Resource of 456Mt Grading
Metallic Minerals Defines 985 Million Pounds of Copper Equivalent in Inaugural NI 43-101
Great Panther Mining Announces Updated Mineral Reserve and Mineral Resource Estimates .
G2 Goldfields Announces Inferred Resource of 974,000 ounces Au (@ 9.25 g/t) and Indicated
Galiano Gold Reports Q1 2022 Financial And Operating Results
MERGERS / ACQUISITIONS
Sandstorm Gold Royalties Announces US$1.1 Billion Portfolio Transformation
Northern Superior Resources and Genesis Metals Announce Signing of Definitive Agreement
Elemental Royalties Board Continues to Recommend Rejection of Gold Royalty's Hostile
Josemaria Resources Securityholders Approve Acquisition by Lundin Mining
Robex Resources Announces a Business Combination With Sycamore Mining Targeting
$ FINANCINGS
PureGold Mining Announces $30 Million Non-Brokered Private Placement; Tony Makuch Joins
Galway Metals Announces Upsizing Of Previously Announced Bought Deal Private Placement .
Viva Gold Announces Closing of C$4.3 Million Private Placement Offering
Western Alaska Minerals Announces Completion of C$5 Million Non-Brokered Private Placement
Faraday Copper Closes Upsized C$20 Million Equity Offering
NEW / DUAL LISTINGS
Austin Gold Closes Initial Public Offering, Including Full Exercise of the Over-allotment
Regency Silver Completes Oversubscribed IPO and Announces Upcoming Drill Program at Dios
Usha Resources Begins Trading on the Frankfurt Stock Exchange as FSE:JO0
West African Gold Explorer & Developer, Sarama Resources, Lists on ASX, Raises A$8M
Ashley Gold Announces Completion of Initial Public Offering
BOARD / MANAGEMENT CHANGES
McEwen Mining Announces Senior Management Changes
Copper Mountain Mining Announces Executive Management Changes
Vizsla Silver Strengthens Technical Executive Team
First Quantum Minerals Announces Tristan Pascall as New Chief Executive Officer and Board
Nighthawk Gold Appoints New Vice President of Exploration and Announces its 2-Year Exploration
DRILL PERMITS / TARGETS
Zacatecas Silver Receives Permits for 30 Drill Pads at El Cristo
Grande Portage Resources Receives 2022 Drill Permits for Its Herbert Gold Project in S.E
Orex Minerals: Permit Received and Plans Underway for Diamond Drilling on the Sandra
MacDonald Mines Exploration Reports on GoldSpot Discoveries’ Findings at SPJ Project
Libero Copper & Gold Identifies 9 New Porphyry Targets Including Significant Expansion
$ STRATEGIC INVESTORS
Geomega Resources Closes $1M Equity Financing with Michael Gentile, CFA and Appoints him
Canex Metals Announces C$2.5 Million Equity Financing and Welcomes Strategic Investor
Luminex Resources Closes C$9M Private Placement led by Ross Beaty
Novo Resources Completes First Tranche of New Found Gold Sale for C$68.9 Million
Tectonic Metals Announces Strategic Investment by Crescat Capital as Part of a C$3 Million
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Thanks for being with us tonight
Great to see you :)
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Zillionaire Giustra earns his tinfoil hat and brings Kitco's Makori along for the ride
Submitted by admin on Thu, 2022-05-05 13:55 Section: Daily Dispatches
2p ET Thursday, May 5, 2022
Dear Friend of GATA and Gold:
Give that man a tinfoil hat!
Mining and movie entrepreneur and zillionaire Frank Giustra has gone full "conspiracy nut" in an interview today with Michelle Makori of Kitco News, surpassing his previous cautious assertions that the gold price is "managed" by central banks and saying now that the price is "outright manipulated."
Giustra tells Makori that "you're never going to find a smoking gun on this." But, if so, that's only because neither he nor Makori will ever visit GATA's documentation summary here:
https://gata.org/node/20925
After all, the summary just has too much documentation to sort through unless one aims to be sincere.
But better 20 years late than never, so let's take what we can get, especially since Giustra's enlistment in the tinfoil hat brigade has brought along Kitco, which long has striven to avoid mention of gold market manipulation and especially to avoid interviewing GATA Chairman Bill Murphy, despite GATA's many requests. Telling gold investors the truth -- that is, as Jim Rickards said in CNBC many years ago, "When you own gold you're fighting every central bank in the world" -- may be bad for the gold business until it decides to stand up for itself.
Kitco's interview with Giustra is headlined "Gold Price Is Manipulated by the Fed, Suspects Mining Tycoon Frank Giustra, But Suppression Can't Last Forever" and it can be found here:
https://www.kitco.com/news/2022-05-05/Gold-price-is-manipulated-by-the-Fed-suspects-mining-tycoon-Frank-Giustra-but-suppression-can-t-last-forever.html
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Introducing the New Mobile Mining Unit
Thank you to all M+M contributors past and present
Hope everybody is having a Great Mothers Day Weekend
Today's Treats
Thought of the Day
Today’s thought…
May 06, 2022
"[Theorists who don't practice] are like eunuchs in a harem. They know everything about love, but they can't do anything about it."
----Harvard economist Alexander Gerschenkron in Nicholas Dawidoff, The Fly Swatter: How My Grandfather Made His Way in the World (Pantheon Books, New York, 2002), p. 244.
This Day in Financial History
Learn what happened in business in today’s past
May 06:
1991: After almost two years of clumsy pursuit, AT&T Corp. finally gets NCR Corp. to let AT&T take it over for $7.4 billion, or a mere $110 a share. "We believe," says AT&T Chairman Robert E. Allen, "that AT&T will bring resources to your business that will build significantly on your history of success and assure a strong future, creating a powerful American company with the technological and marketing strengths to compete in world markets over the long term." AT&T's takeover of NCR turns out to be one of the most disastrous blunders ever, as NCR's computer lines fall in popularity and the two corporate cultures clash like Serbs and Bosnians. AT&T ends up spinning off NCR in 1996, after losing $3.8 billion.
The Wall Street Journal, December 30, 1996, p. B1;http://www.att.com/press/0591/910506.chc.htmlhttp://www.att.com/press/0591/910506.chd.htmlhttp://www.ncr.com/history/history.htmhttp://www.att.com/press/0197/970101.cha.html
1986: Nearly six years after it closed above 200 for the first time, the NASDAQ Composite Index finally closes above 300, finishing the day at 301.64.
www.nasdaq.com
1929: Just in time to lure investors into the worst stock decline in modern history, the Luxembourg Stock Exchange opens for trading. As a special favor to his subjects, the Grand Duke of Luxembourg structures the stock exchange as a stock corporation owned 20% by members of the public.
Museum of American Financial History (www.financialhistory.org); The LGT Guide to World Equity Markets, 1997 (Euromoney Publications, London, 1997), p. 296.
1870: Amedeo Peter Giannini is born in San Jose, Calif. In San Francisco in 1904 he founds the Bank of Italy to serve the city's burgeoning working class. It later finances the Golden Gate Bridge in the depths of the Depression and lends David Selznick the money he needs to finish filming Gone With The Wind. Today, as Bank of America, it's one of the world's biggest financial-services firms.
http://www.pathfinder.com/time/time100/profile/giannini.html
This Night in Rock History
May 6
1978 - Bee Gees
The soundtrack to Saturday Night Fever started an 18 week run at No.1 on the UK album chart, also No.1 in the US. The album, which features seven Bee Gees songs, went on to sell over 30 million copies worldwide.
Bee Gees - Night Fever
Have a Wonderful weekend all and thanks
J:D
tags, Junior mining network,Gata dispatches,Jason Zweig,This Day in Music, Sandvik Mining and Rock Solutions,Jesse Cafe,Corporate Lesfm - Royalty Free / No Copyright Music,Mineral Technologies,beegees,Sarcalogos Christ the Word Made Flesh
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Catch Moms Day weekend special this Sunday
and feel free to share in and spread the Love this Sunday Sunday Sunday <3 <3 <3
Elvis Presley and Warhol's Fascination with the Cult of Celebrity
Sotheby’s Hong Kong’s Contemporary Evening Auction Recap
https://en.thevalue.com/articles/sothebys-hk-contemporary-art-evening-sale-2022-result-louise-bourgeois-spider-sculpture
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