Posts Categorized: General Editorial

Posted by & filed under General Editorial, In The News.

Bill Holter’s Commentary

Yes, free and unfettered markets…!

BOJ To Start Lending ETF Shares To Prevent Market Freeze
October 29, 2019

While most central banks are contemplating how to gently break it to the public that since they are out of ammo with interest rates at all time low, and $15 trillion in global sovereign debt is now yielding negative – a financial abortion which suggests the value of money is negative – the only hope markets have to avoid collapse is for central banks to start buying stocks in the open market, the BOJ has no such problems: after all the Japanese central bank (alongside its Swiss peer) has for years been quite open that it purchases stocks and ETFs directly. Unfortunately, in its efforts to stabilize the market, the BOJ has been purchasing a little too many ETFs and it now owns far too much.

Last May, speaking to Japanese parliamentarians, BOJ Governor Haruhiko Kuroda noted that the central bank now owns nealry 80% of the country’s stock of ETFs, the result of a program begun in 2010 and ramped up in 2013.

 

 

 

 

 

 

 

 

 

More…

J. Johnson’s Latest – This Is Silver’s Time Of Intrigue!
October 30, 2019

Great and Wonderful Wednesday Morning Folks,   

      Gold is trading higher under the US Dollar with the December contract at $1,495.20, up $4.50 with the high close by at $1,496.20 and a low at $1,489.10. Silver is higher as well with the December contract at $17.90, up 6.9 cents with the high at $17.92 and a low at $17.75. The US Dollar, which has had 100’s of billions of newly added print created in order to keep up with the bills it can’t pay, is now trading at 97.445, down 2.4 points with the high at 97.51 and a low at 97.36. All of this slow activity happened before 5am pst, the Comex open, the London close, and the very strong possibility of another 1/4% interest rate cut here in the USA.    

      We have nothing but positive trading in the emerging markets this morning with the Venezuelan Bolivar now giving Gold a price of 14,933.31 offering those that hold a 68.91 Bolivar jump in price with Silver trading at 178.776 giving the holders a 20.97 pop in Bolivar value. In Argentina, the Peso has Gold priced at 88,812.80 giving the holder a 377.07 A-Peso increase with Silver at 1,062.96 showing an additional 11.83 in A-Peso value. The Turkish Lira now has Gold priced at 8,557.73, it too showing an increase of 24.169 T-Lira with Silver at 102.455 offering a 1.014 uptick in T-Lira value.    

      Yesterday was the last trading day for the October Silver deliveries with the last count at 60. Today is simply a time out for Silver deliveries with tomorrow being the First Notice Day for the cereal month of November. A Cereal Month is a nice way to say “hardly any purchase” month. The November Open interest in Silver is now at 293 contracts and with a Volume of 1 up on the board with the price of $17.79 as a purchase and sell. FND is when all holders of long positions must have 100% of the margin in order to play the game. The sellers are supposed to have receipts for physical, with the spread traders owning all the background noise inside the hidden data of Comex (aka the moves without a price). 293 Contracts makes the delivery total 1,465,000 ounces of Silver (5,000 ounces per contract) possibly standing for delivery.   

More…

Posted by & filed under General Editorial.

We had the pleasure of speaking with Mr. G. Edward Griffin today. Denny did a wonderful job with questions and Mr. Griffin did not disappoint! We came away thinking, here is a guy who looked at the exact same things we are but from other angles…and concludes almost verbatim our conclusions. You might notice at the end, Denny exclaimed “wow, he sounds almost exactly like you Dave except he delivers it eloquently like Mr. Rogers instead of Atilla the Hun”! This interview will be held for 24 hours for our subscribers and then made public as the man is telling absolute truth that everyone in the public should hear whether they understand it or not…!

Posted by & filed under General Editorial.

Updated Presentation On Tanzanian Gold Corporation Corporate Activities
October 16, 2019
Dear Friends,
The following link contains an updated presentation on our corporate activities. Please review for the most up to date information on Tanzanian Gold Corporation.
Respectfully submitted,
Jim Sinclair
Executive Chairman
For further information, please contact Michael Martin, Investor Relations, m.martin@tangoldcorp.com, 860-248-0999, or visit the Company website at www.tangoldcorp.com
The Toronto Stock Exchange and NYSE MKT LLC have not reviewed and do not accept responsibility for the adequacy or accuracy of his release.
Cautionary Note to U.S. Investors – The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. We use certain terms on this news release, such as “reserves”, “resources”, “geologic resources”, “proven”, “probable”, “measured”, “indicated”, or “inferred” which may not be consistent with the reserve definitions established by the SEC. U.S. Investors are urged to consider closely the disclosure in our SEC filings. You can review and obtain copies of these filings from the SEC’s website at http://www.sec.gov/edgar.shtml
This news release contains certain forward-looking statements and forward-looking information. All statements, other than statements of historical fact, included herein are forward-looking statements and forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time-to-time with the British Columbia, Alberta and Ontario provincial securities regulatory authorities.
Certain information presented in this release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Investors are referred to our description of the risk factors affecting the Company, as contained in our SEC filings, including our annual report on Form 20-F and Registration Statement on Form F-10, as amended, for more information concerning these risks, uncertainties, and other factors.

Posted by & filed under General Editorial.

We respectfully request of CIGAs, if there is anyone out there that can create a long term chart similar to this one of the Gold to Silver ratio

 

 

 

 

 

 

 

 

 

which includes the MACD’s (moving average convergence divergence), we would appreciate sending for post.

Thanks,  Bill and Jim

 

Posted by & filed under General Editorial.

Hello and thank you again for letting me turn the knob in your head. It is my opinion great days are ahead for precious metals holders (of all investment types).  Most of us understand the idea that our money is coming home. It’s the reason we’ll see all things under the US Dollar go higher in price and that it will occur when the world stops using our currency (US Dollar) as a hedge against its own holdings which may be forced out of their control, and back into our country causing all manufacturing, farming products, in short, all things physical, sharply higher in price. And it could quite possibly push the S&P and the Dow to newer life of contract highs as well. All this could happen because of the hidden Eurodollar system created to obstruct every nation’s control of its currency, at least this is the thesis in my opinion after reading The Monetary Fifth Column: The Eurodollar Threat to Financial Stability and Economic Sovereignty in the Vanderbilt Journal of Transnational Law.

We know the Dollars are coming home so we delved into the Eurodollar system that is a massive and liquid issuance(s) that is not only a part of the US Dollar’s debt system, but every single currency within the central banking system has a Eurodollar trading system over looking it too! Yuan, Yen, Swiss Franc, British Pound, et al. have a Eurodollar system. They too have their printed cash held in other central banks, to use as a hedge against that nations interest rates, and is completely outside the printed currency’s national rules and regulators. My next special write up will delve into this thesis and will offer various reasons for why we may be at the truest point of contention as the currencies collapse upon the printers and those forced to live under an inaccurate mathematical problem created by the few to control the many.

We’re putting this out there as an intro to a weekend report we will produce in order to explain what may be part of the currency war with China, with the Federal Reserve as a puppet, not for the USA benefit, but for a group of bankers, who have set this system up to bypass the SWIFT system. The Vanderbilt report must be read, if not, don’t bother reading further, it is that important!

The bottom line question in all of this will be; what happens to an asset a central bank holds that is about to turn worthless or can only be used in the country that printed it? That may be the point when the SHTF, and many believe we are there now. Until the weekend …

Stay Resolute!

J. Johnson

 

[Available here]

Posted by & filed under General Editorial.

We have tried for quite a few years to point out just how bogus the financial reporting was. Few listened to us as markets “proved us wrong”. But as time went on, the economic/financial reporting became more bogus and further from the truth to the point even young children had questions. At present, the lies have been stacked sky high but there is a difference, “actions” are now speaking louder than the MOPEY rhetoric. To the point, actions are finally speaking volumes louder than words!

For example, people are finally questioning if the economy is so so good, then why does the Fed need to lower rates? Or why are individual companies confessing some very real individual problems? We went for years hearing the Fed would “normalize” rates and would have no problem doing it. We disagreed loudly and laughter ensued. Then, last fall the Fed raised rates three times which led to a near meltdown in Dec….until the Fed caved in and called a halt to rate hikes. Now, here we are again where the Fed is being forced into lowering rates or else the markets will rebel into a black hole. The Fed has it’s back to the wall facing their greatest fear, the dreaded liquidity trap!

Looking at several company/industry specific situations, does anyone really believe Deutsche Bank is less important or smaller than Lehman Brothers? Can you say $50 trillion +++ worth of derivatives? Or how about Apple, does a 42% drop in sales to India’s 1 billion population mean anything at all? Do the recent revelations of Facebook, Google/YouTube, Twitter gathering and selling data/taking political stances have any bearing at all? And Boeing…have they sold a single plane in recent months? Maybe we should also mention Greece selling new bonds at ALL TIME low yields? Whatever happened to risk versus return…is Greece all of a sudden a pristine credit? Or even one who can pay debt service alone…without borrowing more to make the payment?

The point I am trying to make is that our entire lives are surrounded and engulfed in nothing but lies. This is extremely dangerous when the entire system is held up by confidence alone. 50 years ago the global financial system had gold as its foundation even though “paper” was outstripping the amounts of gold held. Now, no foundation anywhere to any country’s financial system and paper galore to the point where 300 or more paper gold ounces have been sold…for every one ounce in existence. Is this twilight zone stuff or what?

And as for “confidence” and what might be the final straw? Can you imagine the coming body count when Jeffrey Epstein starts to talk? If there is any topic that snowflakes and conservatives can agree on, pedophilia is probably it. Can you imagine the reaction when representatives, senators, ambassadors, prime ministers, and even royals from all over the world are fingered?

Confidence in all things financial has been paramount as it always is for Ponzi schemes. Laugh if you will and all you want, confidence in EVERYTHING will be shaken and broken. The world will find out the entire system is and has been a “bad bank” for most of our lifetimes. It will be understood that the fraud began shifting in to higher and higher gears ever since August 15, 1971…the day Richard Nixon defaulted the US dollar on the rest of the world!

To finish, confidence is THE only thing holding markets together as the “bones” to the system are either brittle or nonexistent. Jim has told you many times, go back to basics. When confidence breaks and the entire house burns down, rebuilding the house, any house begins with the foundation. Whether you believe it or governments do not want it, the global monetary system will need some sort of solid foundation to begin rebuilding from. History tells us this foundation will include gold in some form or fashion. Can you imagine how expensive “new foundations” will be when everyone worldwide needs a new (real) one?

Standing watch,

Bill Holter

Holter-Sinclair collaboration

Posted by & filed under General Editorial.

TANZANIAN GOLD update…

Authored by Clive Maund

originally published Friday, June 28, 2019

 

It’s a case of so far, so good with the ongoing deep drilling program at Tanzanian Gold’s Buckreef project in Tanzania, where the aim is to delineate the extent of mineralization beneath the planned open pit, and in the process better define the mineralization within the open pit itself.

 

The stock has taken a rest over the past several months, running off into a rectangular consolidation pattern, following a strong runup at the start of the year which we capitalized on, as we can see on its latest 6-month chart below, but now, with the 200-day moving average having partially caught up with the price, and gold breaking out, it looks like it is limbering up to break out to new highs, with the pause of recent days looking like a tiny bull Flag.

 

The overall tenor of this chart is bullish, with the alignment and direction of moving averages being positive, which makes a breakout to new highs likely soon that should lead to another substantial upleg.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How far could it advance in favorable conditions? We can get some idea by looking at the long- term 18-year chart, which shows that the stock was trading at much higher levels for many years, before being dragged down to a very low level mainly be the severe depression afflicting the sector. To look at this chart you would think that management had done nothing in recent years but sat back in their chairs with their feet on the table throwing paper aircraft around.

 

Instead of which they have driven forward and delineated a profitable open pit at Buckreef which has the potential to be a supermine, if strong mineralization extends to depth below it, which is the reason that it is currently being deep drilled, with positive results to date. What has happened to the stock is that, after dropping to an extremely low level in 2014 – 2015, it appears to have marked out a giant “Double Bucket” base, which may have taken this form because of course buckets having such an esteemed place in mining history. In any event this base pattern looks complete, and with gold now starting to break out of its giant 6-year long base pattern, Tanzanian’ stock could see really big gains from here.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A couple of days ago the company announced a funding that took the form of a direct placement of almost 2 million common shares at a price of $0.58, which appears to had no adverse effect on the stock price, which is doubtless due to the offering having been fully taken up.

 

In conclusion, Tanzanian Gold looks like it is on the up here, with the prospect of further positive results from the deep drilling program at Buckreef, and with a major new gold bullmarket just signaled, should “have the wind at its back” going forward. So we stay long and it is rated a strong buy.

 

Tanzanian Gold website

 

Tanzanian Gold Corporation, TRX, TNX.TSX, trading at $0.84, C$1.10 at 10.31 am EST on 28th June 19.

 

Posted at 12.20 pm EDT on 28th June 19.

 

Posted by & filed under General Editorial.

 Tanzanian Gold Announces Further Results From Drilling Below Pit Bottom Highlights Include 63m @ 4.8 g/t Au incl 22m @ 9.3 g/t Au that incl 2m @ 31.1 g/t Au

 June 6, 2019

 

TORONTO, June 6, 2019 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce results from the third hole, Hole L19-2, of the Phase II drilling program. The objective of Phase II is to identify gold mineralization in the range of 50 to 200m below the pit bottom of the open pit that is the basis of the 43-101 compliant Prefeasibility Study dated June 26,2018. The two previous drill holes in Phase II are Holes 13-3 and U22-1. All three holes have encountered significant mineralized widths that include notable intersections of high grade.

 

Notable intercepts in the third hole are:

 

Hole L19-2

 

  • 63.0m grading @ 4.8 g/t Au from 357m to 420m; including
    • 1.0m grading @ 7.4 g/t Au starting at 360m,
    • 4.0m grading @ 5.9 g/t Au starting at 369m,
    • 22.0m grading @ 9.3 g/t Au starting at 387m; including
      • 6.0m grading @ 18.9 g/t Au that includes 2.0m grading @ 31.1 g/t Au

 

The intersections reported here are a down-hole length and may not represent true width but the true width is estimated to be 50 – 60%.

 

Mr. Jim Sinclair, Chairman (TRX) commented, “ The systematic drilling we are doing below the pit bottom has, to date, yielded exceptionally robust results ” noted Mr. Sinclair ” we will be using these results to help us formulate a Phase III program that will, in part, be directed at  testing what we are calling the Ultra-Deep.”  Mr. Sinclair went on to state that “We will also soon be doing a sophisticated program of down – the – hole geophysics to expand our Resource Geological model and better identify drill targets for Phase III.”

 

Sample Protocol and QA/QC

 

The sample chain of custody is managed by the Buckreef technical team under the supervision of Anthony Minde. Gold analyses reported in this release were performed by standard fire assay using a 50-gram charge with atomic absorption finish (0.01ppm LLD) and a gravimetric finish for assays greater than 10 grams per tonne. All assays were performed by Nesch Mintech Laboratory in Mwanza. Sampling and analytical procedures are subject to a comprehensive quality assurance and quality control program. The QAQC program includes duplicate samples, blanks and analytical standards.

 

Intervals of core to be analyzed are split in half with a mechanized core cutter, with one half sent to the Laboratory for geochemical analysis and the remaining half kept in storage for future reference and uses.

 

Nesch Mintech Laboratory is ISO 90001 and 17025 accredited and employs a Laboratory Information Management System for sample tracking, quality control and reporting.

 

Qualified Person

 

The Company’s Qualified Person, Mr. Peter Zizhou, has reviewed and approved the contents of this news release. Mr. Zizhou has a Master of Science (Exploration Geology) degree from the University of Zimbabwe (2000) and is a registered professional natural scientist with SACNASP (Reg. No. 400028/08).

 

Respectfully Submitted,

 

“James E. Sinclair”

 

James E. Sinclair

Executive Chairman

 

For further information, please contact Michael Martin, Investor Relations, m.martin@tangoldcorp.com.com, 860-248-0999, or visit the Company website at www.tangoldcorp.com

 

The Toronto Stock Exchange and NYSE MKT LLC have not reviewed and do not accept responsibility for the adequacy or accuracy of this release

 

Cautionary Note to U.S. Investors – The United States Securities and Exchange Commission limits disclosure for U.S. reporting purposes to mineral deposits that a company can economically and legally extract or produce. We use certain terms on this news release, such as “reserves”, “resources”, “geologic resources”, “proven”, “probable”, “measured”, “indicated”, or “inferred” which may not be consistent with the reserve definitions established by the SEC.  U.S. Investors are urged to consider closely the disclosure in our SEC filings.  You can review and obtain copies of these filings from the SEC’s website at http://www.sec.gov/edgar.shtml

 

This news release contains certain forward-looking statements and forward-looking information. All statements, other than statements of historical fact, included herein are forward-looking statements and forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time-to-time with the British Columbia, Alberta and Ontario provincial securities regulatory authorities.

 

Certain information presented in this release may constitute “forward-looking statements”  within  the  meaning  of  the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Investors are referred to our description of the risk factors affecting the Company, as contained in our SEC filings, including our annual report on Form 20-F and Registration Statement on Form F-10, as amended, for more information concerning these risks, uncertainties, and other factors.