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Dave Kranzler: Has the Fed really raised interest rates this year?
12:04p ET Thursday, June 15, 2017
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics notes today that while the Federal Reserve purports to be raising interest rates, only the shortest-term rates are rising. Longer-term rates are actually falling, Kranzler shows, contradicting claims of a stronger U.S. economy.
Kranzler writes: "This illusion of 'tighter' monetary policy serves the purpose of supporting the idea of a strong dollar and enabling a highly orchestrated -- albeit temporary -- manipulated hit on the gold price using paper gold derivatives."
Kranzler's analysis is headlined "Has the Fed Really Raised Rates This Year?" and it's posted at IRD here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Camino Reports Diamond Drive Results from Los Chapitos Project
Wednesday, June 7, 2017
Camino Minerals Corp. (COR: TSX-V) is pleased to report results for the first diamond drill hole completed at its Los Chapitos Project in southern Peru. Hole DCH-001 was designed to twin CHR-002 on the Adriana Zone, which intersected 106 meters averaging 1.3 percent copper.
Selected drill highlights from hole DCH-001 include:
-- 0.73 percent copper over 55.0 meters, including 1.21 percent copper over 28.3 meters.
-- 0.72 percent copper over 168.5 meters, including 1.63 percent copper over 27.0 meters.
-- And 0.94 percent copper over 3.8 meters at the end of the hole.
Hole DCH-001 intersected numerous intervals of oxide and sulphide mineralization that had a combined total length of 316 meters averaging 0.63 percent copper. Diamond drilling appears to have recovered the oxide mineralization better than reverse-circulation drilling, as noted by the interval from 5.7 to 61 meters. Copper oxide mineralization was found throughout the hole, including in the magnetite-rich zones. Most of the deeper intersections averaging greater than 1 percent copper were generally sulphide mineralization. The comparable diamond drill interval to the high grade intersection of hole CHR-002 was well-brecciated and resulted in it being mostly oxide mineralization containing reduced copper values. ...
... For the remainder of the announcement:
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