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Bloomberg starts to admit that only gold is real and markets are illusions
12:34p ET Wednesday, April 15, 2020
Dear Friend of GATA and Gold:
A little surprisingly for Bloomberg News, John Authers notes today that the gold price shows that stock market gains since 1971 are an inflationary illusion. His analysis is headlined "Gold Still Shines 50 Years After Nixon. Will Netflix?" and it's posted here:
Also a little surprisingly, the news service acknowledges today that the Federal Reserve has commandeered markets comprehensively and that fund managers now want mainly to buy what the Fed itself is buying. This report is headlined "BlackRock Leads Investors Worldwide With 'Follow the Fed' Mantra":
Meanwhile GATA continues to be disparaged as "conspiracy theorists" for documenting how the gold market long has been manipulated by government as well. If government isn't manipulating the gold market today, it's the only market not being so manipulated.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Great Bear Expands Shallow High-Grade Gold
at LP Fault Including 42.70 g/t Over 3 Meters
Thursday, April 9, 2020
VANCOUVER, British Columbia, Canada -- Great Bear Resources Ltd. (TSX-V: GBR) today reported results from its ongoing fully funded $21 million exploration program at its 100-percent owned flagship Dixie Project in the Red Lake district of Ontario.
The company has completed 83 of approximately 300 planned drill holes into the LP Fault target, as part of its 5-kilometer-long by 500-meter-deep grid drill program.
Gold mineralization has been intersected in all the drill holes for which assays have been returned to date. ...
Drill results highlights:
-- New lateral and vertical drill spacing on 25–100 meter centers has confirmed apparent continuity of gold mineralization on multiple drill sections.
-- Drill hole BR-101 intersected multiple shallow mineralized intervals along 110 metres of core length. Assays include 42.70 grams per tonne gold over 3 meters, including 118.00 grams per tonne gold over a half meter, within a broader interval of 4.24 grams per tonne gold over 52.15 meters. ...
... For the remainder of the announcement:
Toast to a free gold market
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