Allan Flynn: 'When gold goes above 1430, we whack it'


11:07a ET Wednesday, December 14, 2016

Dear Friend of GATA and Gold:

Gold researcher Allan Flynn today examines the electronic exchanges of bullion bank traders plotting their manipulation of the gold market, exchanges recently disgorged by Deutsche Bank to settle the anti-trust lawsuit against it in federal court in New York.

Flynn notes what seems to be a reference in the exchanges to the Bank of China, a government-owned operation. Flynn also finds it curious that while the exchanges disgorged by Deutsche Bank powerfully incriminate Union Bank of Switzerland, a 2014 Swiss government report about misconduct in the currency market by UBS overlooked the gold market.

There would be a more than plausible explanation for these angles: that, as GATA long has maintained, governments and central banks are the real parties in interest in rigging the gold and currency markets and so have been giving a pass to bullion banks and investment banks, which borrow gold from central banks for trading purposes, as long as the bullion banks and investment banks push the markets where governments and central banks want them to go.

Surreptitious trading by governments and central banks, direct and indirect, is the far bigger issue here, since governments and central banks are authorized to create infinite money and maintain the capacity for totalitarianism.

Flynn's analysis is headlined "'When Gold Goes Above 1430, We Whack It'" and it's posted at his internet site, Comex, We Have a Problem, here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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:

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