You are here

Dave Kranzler: Repo rates and gold -- something big is happening

Section: Daily Dispatches

11:38a ET Thursday, September 19, 2019

Dear Friend of GATA and Gold:

In a roundtable discussion with Phil Kennedy of Kennedy Financial, Dave Kranzler of Investment Research Dynamics in Denver argues that soaring repo interest rates are among the indications of a giant margin call on the world financial system.

A summary of Kranzler's remarks and a link to the video of the discussion are headlined "Repo Rates and Gold: Something Big Is Happening" and can be found at IRD here:

http://investmentresearchdynamics.com/repo-rates-and-gold-something-big-...

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


ADVERTISEMENT

Crystal Lake Intersects 15.11 g/t Gold over 8 Meters
at Newmont Lake Project in British Columbia

Company Announcement
Wednesday, September 18, 2019

VANCOUVER, British Columbia, Canada -- Crystal Lake Mining Corp. (TSXV: CLM, OTC: SIOCF, FSE: SOG-FF) announces the intersection of shallow high-grade gold mineralization at the company's Newmont Lake gold corridor. The new results are crucial as they provide evidence of a thick unit of unusually high-grade gold mineralization within a broad envelop of continuous low-grade gold mineralization.

This discovery demonstrates that the mineral zone actually increases in width and in grade where previous models indicate a narrowing of the mineral zone. Additionally, a second deeper horizon has been intersected in an area without gold mineralization in previous models, adding to the exploration potential of the Newmont Lake gold corridor, located along the western flank of the Eskay Rift in northwest British Columbia.

The first diamond drill core assay results from ongoing drilling at the northwest zone underscore the potential for higher grades and increased continuity of grade that can result in significant expansion of the historic mineralization while new high-grade domains are targeted elsewhere along the gold-bearing McLymont Fault and numerous associated splay faults. ...

... For the remainder of the announcement ...

https://crystallakemining.com/crystal-lake-intersects-15-11-g-t-gold-ove...



Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Friday-Monday, November 1-4, 2019

https://neworleansconference.com/noic-promo/powellgata/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16