Category Archives: Gold Mines
India mulls reviving colonial-era gold mines with $2 billion in reserves
gata.org / By Neha Dasgupta, Reuters / January 26, 2017 NEW DELHI — India is planning to revive a cluster of colonial-era gold mines — shut for 15 years but with an estimated $2.1 billion worth of deposits left — as the world’s second-largest importer of the metal looks for ways to cut its trade deficit, […]
WealthCycles: SEC New Moral Watchdog Role Poses Hardship for Companies, People
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. In 2010, as mandated by the then newly enacted Dodd-Frank Wall Street Reform and Consumer Protection Act, the U.S. Securities and Exchange Commission created a new rule requiring that all companies under SEC regulation report whether their products contain minerals […]
WealthCycles: ‘Crime of ’73’ Predicted ‘New Normal’ of Currency Debasement
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. “I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.” — John Maynard Keynes A rare sentiment of Keynes with which broad agreement can be found, and in our discovery of […]
WealthCycles: X-Ray Detectors Promise More Gold, Less Waste
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Exciting new technology developed by Australian researchers uses high-powered x-rays, similar to those used for medical treatment, to find tiny particles of gold in ore samples. Once fully implemented, the new process could alleviate much of the gold currently discarded […]
WealthCycles: Wikileaks Cables Offer Historic Evidence of Institutional Gold Market
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. As we have noted many times in the past, the early 1970s marked a great dividing line for world gold markets and the gold standard. The Wikileaks cache of diplomatic correspondence from the period allows us to witness the extensive […]
WealthCycles: Miners High-Risk Despite Modern Gold Rush
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Just east of Sacramento and right on the edge of the Sierra Nevada mountains lies a seemingly bucolic area that was, in the 1840s, the hub of the California Gold Rush. Today, more than 150 years later, this same region […]