Debt is the problem and rising rates will be ruinous, Embry tells KWN
5:45p ET Monday, January 9, 2017
Dear Friend of GATA and Gold:
The huge increase of debt in recent decades is the world's overwhelming financial problem, Sprott Asset Management's John Embry tells King World News today, adding that rising interest rates will crash both stocks and bonds. Meanwhile, Embry adds, the monetary metals are cheaper than ever relative to the volumes of money and credit in the world. An excerpt from Embry's interview is posted at KWN here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Sandspring Resources Commences 2016 Exploration Campaign
August 17, 2016
Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America.
In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization.
For the remainder of the announcement and highlights of the 2015 drill program:
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