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TF Metals Report: Spinning the yarn
11:12a ET Tuesday, April 26, 2016
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today notes what seems like astounding strength in the silver futures market, where open interest has risen dramatically. He speculates that high-frequency traders may be turning bullish and buying dips. His analysis is headlined "Spinning the Yarn" and it's posted at the TF Metals Report here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
A Contrarian's Call Option on Gold
Sandspring Resources' Toroparu project in Guyana is the fourth-largest gold deposit in South America held by a junior mining company.
Experienced backers of Sandspring Resources include Silver Wheaton, the John Adams / Energy Fuels group in Denver, and Frank Giustra’s Fiore Group in Vancouver.
A 2013 preliminary feasibility study shows strong economics for this large-scale mine at US$1,400 gold. With a current gold price below US$1,300, Sandspring is for investors who believe that gold price suppression will be overcome.
For a detailed report on Sandspring Resources by Tommy Humphreys of CEO.CA, please visit:
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