$bigone thanks; Gold Newsletter‘s Ex. Brien Lundin sees reasons to be
optimistic about a resumption of the precious metals bull market in the
“Gold is continuing to trace out a very powerful cup-and-handle pattern,”
he says in a note e-mailed Friday, “one that (as I’ve mentioned before)
projects to prices in the $2,500 area.
If that happens, we’ll be hard-pressed to remember what happened to gold
last week……The question that every investor will have to answer for
themselves is whether they actually expect the Fed to shut off the flow
of monetary adrenaline upon which the financial markets have come to
depend…or whether the Biden administration and Democratic-controlled
Congress will suddenly discover fiscal prudence.
My vote is no for the above…and yes for a continued gold bull market.
So again, while the near-term is uncertain, the likelihood of
much higher prices for gold and silver over the months and
years ahead is very high indeed.” $Why Basel III regulations are poised to shake up the gold market
Published: June 24, 2021 at 3:02 p.m. ET
By Myra P. Saefong
$European banks face beefed up liquidity requirements under the “Net
Stable Funding Ratio’ on Monday New banking rules, part of an sweeping international accord known as
Basel III, will come into effect on Monday and mark a big change for
European banks and their dealings with gold — potentially altering the
landscape for precious metal demand and prices.
Like many reforms put in place over the past decade that aim to avert
another global financial crisis, the new banking rules come with some
controversy — and caveats
. https://www.marketwatch.com/story/why-basel-iii-regulations-are-poised-to-shake-up-the-gold-market-11624561325?mod=home-page $trunkmonk thanks; WEBINAR June 23, 2021 Drilling Deeper: South America,
Presented by Red Cloud - CFO Mike Davies )
Webcast(opens in new window) https://event.webinarjam.com/replay/530/34ll2trna61tmyi8x1w https://grancolombiagold.com/overview/default.aspx
The Reset Has Begun ??Basel III: Gold Will Go Up https://www.youtube.com/watch?v=AqzV759pQxg
$Seeking Alpha/Adam Hamilton/6-20-2021
“So, odds are great gold will soon bounce sharply higher as speculators’
kneejerk gold-futures purging quickly exhausts itself.
Like Powell himself often warns, the dot plot has proven notoriously
inaccurate at forecasting future federal-funds-rate levels.
2023 is still years away, and the FOMC lacks the courage to hike rates
anyway if that drives major stock-market selloffs.
That’s a serious risk with today’s bubble valuations!
And since that March 2020 stock panic, the Fed has frantically printed
trillions of dollars of new money to stave off a depression-triggering
serious stock bear.
$In only 15.0 months since the Fed’s balance sheet has mushroomed a
staggering 84.4% or $3,640billions!
This profligate Fed has nearly doubled the US-dollar supply, which is
why price inflation is soaring everywhere.
That is really bullish for gold prices going forward.” https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164477388
$bigone thanks; Monument Mining (MMTMF)(TSXV:MMY) Begins Exploration at MURCHISON GOLDFIELD in Australia;
$New June Presentation and Factsheet
$The Old Great Gold Fields Projects;
Murchison old gold mill -
Miners on the Murchison Goldfields.
MMY's Murchison New Gold Mill - https://www.monumentmining.com/projects/murchison-gold-portfolio/ https://stockhouse.com/opinion/interviews/2021/06/16/canada-s-international-gold-producer-commences-exploration-western-australia https://monumentmining.com/news-media/photo-gallery/
Gold & Silver bulls starting to break out > ^ > ^ > ^
In GOD We Trust - Real Money - https://www.kitco.com/images/live/silver.gif?0.8344882022363285 http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom - http://www.biblebelievers.org.au/monie.htm