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Craig Hemke: When money dies all over again

Section: Daily Dispatches

2p ET Tuesday, June 7, 2022

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing today at Sprott Money, excerpts some passages from Adam Fergusson's classic economic history of the 1920s, "When Money Dies" -- passages that seem to evoke our own era of infinite money creation.

Hemke's commentary is headlined "When Money Dies" and is posted at Sprott Money here:

https://www.sprottmoney.com/blog/When-Money-Dies-Craig-Hemke-June-07-2022

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


... ADVERTISEMENT ...

Prime Mining Intercepts 62 gpt Gold and 978 gpt Silver over 3.6 Meters
in Step-Out Drilling at Guadalupe East Deposit in Mexico

Company Announcement
Wednesday, June 1, 2022

VANCOUVER, British Columbia, Canada -- Prime Mining Corp. (TSX-V: PRYM, OTCQB: PRMNF, Frankfurt: 04V3) announces additional Phase 2 drill results from 12 step-out drill holes at the Guadalupe East deposit in Mexico. Guadalupe East is one of eight known gold-silver deposits that comprise the current resource at Los Reyes.

22GE-53 has four intercepts:

-- 61.99 grams per tonne gold and 977.6 gpt silver over 3.6 meters estimated true width and 9.67 gpt gold and 314.0 gpt silver over 1.1 m estimated true width.

-- 9.67 gpt gold and 314.0 gpt silver over 1.1 meters etw.

-- 3.01 gpt gold and 220.0 gpt silver over 1.0 meter etw.

-- 5.90 gpt gold and 341.0 gpt silver over 0.7 meters etw. ...

Chief Executive Officer, Daniel Kunz commented: "The high-grade drill results reported today will continue to expand the resource potential at Guadalupe East considerably. We are encouraged by multiple intercepts of high-grade gold-silver mineralization being encountered in individual drill holes on the west end of this area. We await assay results from more step-out drill holes and expect to report these results as soon as they become available. 

Ongoing drilling has now defined the Guadalupe East vein group length over 420 meters and the total strike length of the Guadalupe East vein system now over 1,000 metres.” ...

... For the remainder of the announcement:

https://primeminingcorp.ca/prime-intercepts-62-gpt-au-and-978-gpt-ag-over-3-6-metres-in-step-out-drilling-at-guadalupe-east/


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