Gold News

Canada’s Sanatana Resources to acquire gold project on Solomon Islands

The Solomon Islands Ministry of Mining granted Canada’s Sanatana Resources (TSXV: STA) a letter of intent over the 188-square-kilometre Sutakiki mineral tenure, located on the Island of Guadalcanal in the southwestern Pacific.

The LOI allows Sanatana exclusive access to negotiate with local landholders both an initial due diligence visit and should the property pass it, a surface access agreement. Once this surface access agreement has been negotiated, a prospecting license is issued which gives the prospecting license holder an exclusive three-year term to prospect and explore the project.

Global Inflation Watch – The Case For Gold As Future Money

This article posits that fiat currencies are on the path to hyperinflation and looks at the evidence in the prices of financial assets and commodities. So far, gold has notably underperformed, which indicates that the early signals of hyperinflation are confined to the cryptocurrencies, whose participants broadly understand fiat debasement, to equities reflecting the desire not to maintain cash and deposit balances, and in international trade, where commodity prices of all stripes have risen in price.

Globalists Poised for a “Great Reset” – Any Role for Gold?

Although the apparent results of the 2020 election are still being contested, members of the global ruling elite are already looking forward to a post-Trump era in American politics – and a post-vaccine world economy.
They have encapsulated their policy agenda for 2021 and beyond into two words: “Great Reset.”

The notion of a Great Reset comes directly from the World Economic Forum.

The globalist organization has been actively pushing it for months via a series of policy articles on its web site.

Inequality And The Gold Standard

Authored by David Howden via The Mises Institute,

[First published by Mises Canada, December 2013.]

Imagine that you earn $40,000 a year and your boss doubles you at $80,000 a year. Business was good to you both in 2013, and you received a 25% raise for your efforts. Not bad, and your boss gets to share in this good fortune too with an extra $25,000 (about 30%). You’re going to make $50,000 in 2014 and your boss will pull in $105,000.

Azerbaijani Troops Enter Largest Armenian Gold Mine

This week, the Armenian leadership has reached an unprecedented height in its state management achievements. Prime Minsiter Nikol Pashinayan and his government did not stop at the successful campaign to undermine the Armenian regional position and the loss in the Second Nagorno-Karabakh War. Now, they are losing their largest gold mine, which was controlled by the Armenians for the last few decades.

On November 26, Azerbaijani troops entered the Sotk gold mine, which is located in the Gegharkunik province of Armenia, right on the border with the disputed region of Nagorno-Karabakh.

In Delusional Push, LBMA Threatens to Blacklist Entire Gold Trading Centers

Submitted by Ronan Manly,

In a move in early November which is already causing controversy, self-styled gold market authority, the bullion-bank controlled London Bullion Market Association (LBMA), issued a letter to a group of leading bullion markets around the world, threatening to blacklist gold bullion from any country that fails to meet new LBMA recommendations covering gold sourcing and supply chains, the elimination of cash transactions, and the support for artisanal and small scale mining (ASM).