In The News Today

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TRX Gold Confirms Northeast Extension of the Buckreef Gold Main Zone and Expands Exploration Program With Additional Drill Rig

TORONTO, June 02, 2022 (GLOBE NEWSWIRE) — TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) is pleased to announce a 250 meter (m) extension of the Buckreef Gold Main Zone to 1.8 Kilometers (kms) and positive assay results from the northeast (NE) step-out drilling program on the Buckreef Gold Main Zone.

The results are positive and significant for the Company as they demonstrate: (i) good width and grade of mineralization consistent with the Buckreef Main Zone; (ii) successful step-out extending the strike length of known mineralization; (iii) gold mineralization open to NE and at depths to 250-300m, again consistent with the Buckreef Main Zone; and (iv) the immense opportunity to generate and drill significant exploration targets to expand the scale and scope of the Buckreef Gold project. The Company continues to execute its sustainable business plan in which cash flow from mining operations funds value creating activities, including, in this case, successful exploration.

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Bill Holter’s Commentary

“Despite widespread condemnation, Trudeau’s government moved to make the asset freezing part of its Emergencies Act a permanent fixture.”

And you don’t think they will do this again …on a far larger scale?  

Canadian Bank Apologizes To Freedom Convoy Protest Participant For Freezing His Account

A Canadian bank has apologized to a man who participated in the Freedom Convoy protest for freezing his account at the behest of Justin Trudeau’s government.

Earlier this year, in order to stop what the Trudeau regime referred to as “illegal blockades,” the government froze bank accounts belonging to demonstrators and others who merely donated money to them.

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Bill Holter’s Commentary

And Ukraine will pay for these weapons how?  Oh yeah, with part of the $40 billion of taxpayer money they are receiving!

US To Sell Ukraine Advanced Drones Armed With Hellfire Missiles In Coming Days

Despite a mere days ago President Biden pledging in a New York Times op-ed that under his watch the United States would ensure it avoids supplying the Ukrainians with weapons which could penetrate deep inside Russian territory, given the potential for wider war with Russia, the White House is now said to be mulling the transfer of multiple MQ-1C Gray Eagle drones which can be armed with Hellfire missiles.

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Bill Holter’s Commentary

 JPM will be very conservative with their balance sheet?  Does this include unwinding the $trillions of derivatives they are counterparty to?  Or the derivatives just don’t matter …because they don’t?

Jamie Dimon Says ‘Brace Yourself’ For An Economic Hurricane Caused By The Fed And Ukraine War

JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised investors to do the same.

“You know, I said there’s storm clouds but I’m going to change it … it’s a hurricane,” Dimon said Wednesday at a financial conference in New York. While conditions seem “fine” at the moment, nobody knows if the hurricane is “a minor one or Superstorm Sandy,” he added.

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