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Mike Kosares: Will banks' excess reserves fuel a monetary crisis?

Section: Daily Dispatches

2p ET Saturday, March 4, 2017

Dear Friend of GATA and Gold:

In USAGold's March newsletter, proprietor Michael Kosares reviews indications that the banking system's "excess reserves" parked at the Federal Reserve are finding their way back into the economy through lending, pushing up prices and inflation, with positive implications for gold. Kosares' commentary is headlined "Will Banks' Excess Reserves Fuel a New Monetary Crisis?" and it's posted at USAGold here:

http://www.usagold.com/publications/NewsViewsMarch2017.html

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



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(Golden Predator will be exhibiting at Booth 2650
at the Prospectors and Developers Association of Canada conference in Toronto from March 5-8.)

Golden Predator Begins Drill Program at 3 Aces Project
and Is Named to TSX Venture Exchange's Top 50 List


Company Announcement
Thursday, February 23, 2017

VANCOUVER, British Columbia, Canada -- Golden Predator Mining Corp. (TSX.V: GPY; OTCQX: NTGSF) is pleased to announce it has commenced a 20,000-meter drill program at its fully owned 3 Aces project in southeastern Yukon. The drilling program will initially focus on targets in the Spades Zone, where 2016 results included a new vein discovery at depth plus 7.5 meters of 33 grams-per-tonne gold at the Ace of Spades.

Management is also pleased to announce that Golden Predator has been named a TSX Venture Top 50 company, placing fifth of 957 mining companies. ...

... For the remainder of the announcement:

http://www.goldenpredator.com/_resources/news/nr_2017_02_23.pdf



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Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
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Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

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