Sabre Gold Mines Corp (SGLDF)

[goldenpolarbear]

Gold gains on overall dollar softness, markets eye Fed minutes..."

"... Beijing’s decision to ease monetary policy further supported bullion, Erlam added.

China’s central bank on Wednesday said it was cutting the amount of cash that all banks must hold as reserves, releasing funds to shore up the slowing economy.

Bullion prices posted their biggest annual rise in nearly a decade in 2019, boosted by the drawn-out trade war between the United States and China that dragged on global economic growth.

Many analysts said prices were likely to rise further in 2020, with shaky growth and global stock markets potentially looking unsustainable at record highs.

“A key thing to look out for is stock markets, which have been setting new highs and, in case there is some correction, we can see some capital flows into gold,” said Brian Lan, managing director at dealer GoldSilver Central in Singapore.

Brexit, the U.S. presidential election, protests in Hong Kong and tensions with North Korea would be the other key factors for the market this year, he said.

Investor focus has now turned to the minutes of the Federal Reserve’s Dec. 10-11 policy meeting, due at 1900 GMT on Friday.

“Friday’s U.S. manufacturing ISM and the December Federal Open Market Committee (FOMC) minutes could provide an impulse,” Stephen Innes, a market strategist at AxiTrader said in a note.

Lower interest rates encourage the buying of non-interest-paying bullion...."

https://www.cnbc.com/2020/01/02/gold-markets-dollar-us-china-trade-in-focus.html

https://kerrmines.com/


"...The U.S. Bureau of Land Management has published a notice of environmental documents and proposed management plan changes being publicly available for the proposed Gemini Solar Project in Nevada.

The 690-megawatt facility would be located about 33 miles northeast of Las Vegas on BLM-administered lands, Kallanish Energy reports.

The project is being developed by Solar Partners XI LLC (Arevia). It would reportedly be the largest solar facility in the U.S. and one of the largest in the world....."


https://www.kallanishenergy.com/2020/01/02/blm-releases-documents-on-giant-nevada-solar-project/

Also a large solar energy project is planned near the Copperstone Mine in Arizona, this could drive down electrical costs for Kerr Mines down the road...

"...Liquid sunlight creates heat on demand

At the Chalmers University of Technology in the Swedish city of Gothenburg, scientists have created a specialized liquid that can absorb solar energy and store it for as long as 18 years as a thermal fuel. The fluid works like a rechargeable battery, but instead of electricity, sunlight goes in and heat comes out when it's needed.
Source: CNN Business..."

https://edition.cnn.com/videos/business/2019/11/20/liquid-sunlight-gec.cnn-business

BTW the BLM is in the middle of a massive move so I am expecting some slight delays regarding... https://www.sltrib.com/news/nation-world/2019/12/13/blm-moves-its/