Goldsource mines has begun to rapidly advance its Eagle Mountain Project in Guyana after a significant increase in gold resources and a PFS on the way.
11.37 g/t Gold Over 5.4 metres and 16.78 g/t Gold Over 2.8 Metres Within 10 Kilometres of the Libertad Mill.
That the debt is unpayable may be obvious, but the endgame is not obvious at all. The Fed keeps printing, but no default. How come? Is a simple "reset" coming?
The weaponization of the US dollar to bring the rest of the world to heel is backfiring. Only a serious change in course – toward non-interventionism and non-aggression – can avert a disaster. Time is running out.
We have entered into a very treacherous market environment, which will likely last over the coming two months. And, I do not see the next multi-month trending market move setting up for several months.
The weightiest piece of evidence about Basel 3 is the astounding panicked protest issued a month ago by the LBMA and the WGC, a protest directed to the Bank of England's Prudential Regulation Authority, opposing implementation of Basel 3 in the UK.
Gold finding support around the moving averages. Upside bias, momentum overbought..