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Re: sharky post# 9686

Monday, 02/04/2019 1:57:34 PM

Monday, February 04, 2019 1:57:34 PM

Post# of 48979
$ACRL/ CEO RAMBLINGS-COMPANY ASSETS-CEO RAMBLINGS - FEBRUARY 4, 2019
https://acrlintl.com/blog/2019/2/4/ceo-ramblings-february-4-2019
https://acrlintl.com/blog/
Glenn Grant
February 4, 2019
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INVESTOR RESOURCES
Welcome to the investor relations section. In this area,
you can find links to information about Atacama Resources International, Inc. (ACRL).
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[-chart]static1.squarespace.com/static/58b5961486e6c0717e9be46f/t/5c5874da419202ad74c38319/1549300960684/Goldman.jpg?format=1000w[/chart]

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GOLDMAN SAYS GOLD PRICE WILL HIT 6-YEAR HIGH IN 2019 | HTTP:///WWW.MINING.COM
"Central bank buying alone gets it to $1,425"
– Goldman Sachs head of commodity research Jeff Currie.

I have been telling you a lot recently about the priority that
our Board has given to working on our extensive gold holdings,
which are located on a number of major gold faults.

Many of them shared with the various profitable Gold Companies located nearby.

All of us at Atacama are very bullish on the future of
gold pricing and
gold mining but it is always encouraging to know that many
others feel the same way.

Have a look at the article I have attached regarding recent
comments from Goldman Sachs indicating just how they are
viewing values this year.

I am Glenn Grant, CEO of
http://www.acrlintl.com

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http://www.mining.com/goldman-says-gold-price-will-hit-6-year-high-2019/?utm_source=digest-en-mining-190130&utm_medium=email&utm_campaign=digest

The last time gold topped $1,400 an ounce was briefly in early September 2013

Goldman says gold price will hit 6-year high in 2019
Frik Els | 5 days ago |


Goldman Sach’s head of commodities research Jeff Currie does not
expect an early recovery in long-cycle investment
and therefore prices of industrial metals due to a structural
decline in demand from China,
but he is very bullish on the gold price.

Speaking on Bloomberg Surveillance,
Currie says gold will benefit from strong
central bank buying and the
wealth effect in
India and
China due to strengthening local currencies.
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FIVE COUNTY CURRENCY WTO
BRICK-
B-BRAZIL
R-RUSSIA
I-INDIA
C-CHINA
K- SOUTH AMERICA
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On top of increased physical demand in the two top gold markets,
Currie says
“recessionary fears are raising physical demand for gold” and
central bank buying “alone”
will push the price of gold to $1,425 an ounce.

Goldman’s target price for gold is $1,450 an ounce.
That represents double digit gains from
today’s price of $1,315 an ounce, already a seven-month high.

The last time gold topped $1,400 an ounce was briefly in early September 2013.

Retail and institutional investors are also bullish,
with holdings of physically-backed exchange traded funds now the
most valuable in seven years.

Holdings in global gold-backed ETFs and
similar products rose by 69 tonnes to 2,440 tonnes in 2018,
equivalent to $3.4 billion of inflows,
according to the World Gold Council.

This is the first time since 2012 that the
value of total gold-backed ETF holdings has finished the
year above $100, says the industry body.