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Shareholders' Gold Council doesn't want to hear about market rigging

Section: Daily Dispatches

10a ET Thursday, February 21, 2019

Dear Friend of GATA and Gold:

The Shareholders' Gold Council, started last year by fund manager John Paulson "to conduct research reports and studies of interest to investors in the gold industry" (, has rejected GATA's requests for membership and to make a presentation about manipulation of the gold market by central banks and their bullion bank agents.

... Dispatch continues below ...


First Vanadium Acquires Strategic Land Position
Extending the Carlin Vanadium Deposit in Nevada

Company Announcement
Thursday, January 31, 2019

VANCOUVER, British Columbia, Canada -- First Vanadium Corp. (TSXV: FVAN, OTCQX: FVANF, FSE: 1PY), formerly Cornerstone Metals Inc., has made a strategic acquisition of the southern extension of the Carlin Vanadium deposit 6 miles south of Carlin, Nevada.

The company has gained mineral rights to an additional 200-meter strike length of the Carlin Vanadium deposit through an access and mineral lease agreement to approximately 80 acres of private (fee simple) land immediately adjacent to the Carlin Vanadium property (called the Cole Creek property). Six vertical holes drilled by Union Carbide in the 1960s on this adjacent ground demonstrated a southern continuance of the Carlin Vanadium deposit with thicknesses ranging from 10.67 meters to 28.96 meters (average 18.54 meters or 60.8 feet) and grades ranging from 0.37 to 0.82 percent vanadium oxide (average 0.57 percent V2O5). ...

... For the remainder of the announcement:

A representative of the council has told GATA that "our focus is on the companies themselves, not the gold market."

Of course that's not quite how the council's internet site describes it, but the council is entitled to what seems to be its opinion that the manipulation of the price of the metal produced by gold-mining companies is of no interest to the companies themselves.

Shareholders in gold-mining companies might be equally entitled to some puzzlement about this.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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