Allan Flynn: CFTC and Justice Dept. could find nothing wrong in silver market

Section:

11:50a ET Thursday, December 8, 2016

Dear Friend of GATA and Gold:

Gold researcher Allan Flynn today reviews some pretty telling details of the new evidence filed in the silver market rigging class-action lawsuit --

http://www.gata.org/files/SilverFixingCaseFiling-12-07-2016.pdf

-- and he notes how the U.S. Commodity Futures Trading Commission for years has been denying emphatically that anything improper was happening in that market.

Flynn writes: "The CFTC proudly announced in September 2013 that they had spent five years and seven thousand enforcement hours investigating complaints of manipulation in the silver market, with assistance by the commission's Division of Market Oversight, the commission's Office of Chief Economist, and outside experts, yet found nothing.

"The Department of Justice's Antitrust Division was so confident of its investigation of collusion in precious metals that it went to the extraordinary length in January this year of providing a letter to silver and gold lawsuit defendants advising that it had had closed its investigation without findings of wrongdoing."

Flynn's report is headlined "How to Trigger a Silver Avalanche by a Pebble: 'Smash(ed) it Good'" and it's posted at his internet site, Comex, We Have a Problem, here:

http://comexwehaveaproblem.blogspot.com.br/2016/12/how-to-trigger-silver...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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Canadian Government Issues Key Water License
for Seabridge Gold's KSM Project in British Columbia

Company Announcement
Monday, November 21, 2016

TORONTO -- Seabridge Gold Inc. (TSX: SEA) (NYSE:SA) announced today it has received a license from the Government of Canada required for the construction, operation, and maintenance of the water storage facility and associated ancillary water works at its 100 percent-owned KSM Project in northwestern British Columbia.

The license, as authorized within the International Rivers Improvement Act, regulates all structures and activities situated on transboundary waters shared with the United States that have the potential to affect water quality and quantity. The Water storage facility and its ancillary water works (water diversion ditches and tunnels) are the primary water management control systems for the KSM Project. These facilities separate water that has not contacted mined material from so-called contact water originating from disturbed areas of the mine site and then contain the contact water prior to treatment and eventual release to the receiving environment.

These facilities are situated on Mitchell and Sulphurets creeks, tributaries of the transboundary Unuk River system that flows into Alaska. The license was granted for a term of 25 years under the International Rivers Improvements Regulations as administered by Environment and Climate Change Canada. ...

... For the remainder of the announcement:

http://seabridgegold.net/News/Article/642/federal-government-issues-key-...



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