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GATA - Gold Anti-Trust Action Committee
Manchester, Conn.

The Gold Anti-Trust Action Committee was organized in January 1999 to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities. The committee arose from essays by Bill Murphy, a financial commentator, and by Chris Powell, a newspaper editor in Connecticut, published at Murphy’s Internet site, www.lemetropolecafe.com.

GATA - Gold Anti-Trust Action Committee is not verified as a 501(c)3 organization.

Latest News

Dec 03, 2016

By Jonathan Stempel
Reuters
Friday, December 2, 2016

NEW YORK -- Deutsche Bank has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.

The preliminary settlement was filed today with the U.S. District Court in Manhattan and requires a judge's approval.

Deutsche Bank denied wrongdoing. The bank in October agreed to pay $38 million to settle similar litigation over alleged silver price manipulation. ...

... For the remainder of the report:

http://www.reuters.com/article/us-deutsche-bank-settlement-gold-idUSKBN1...



ADVERTISEMENT

K92 Drilling Significantly Upgrades Predicted Grade
and Contained Ounces in First 2 Planned Production Stopes

Company Announcement
Wednesday, November 30, 2016

K92 Mining (TSXV:KNT) is pleased to announce the initial results from the ongoing grade control drilling program at its high-grade Kainantu Gold Mine, which is currently in the start-up phase. The results have significantly increased both the predicted grade and contained gold ounces in the first two planned production stopes.

Highlights include:

-- A grade increase from 5.82 grams per tonne gold in the original AMDAD Stope Model to 9.21 grams per tonne.

-- Combined ounces in the two stope designs increase from 1,550 ounces of gold to 2,390 ounces.

-- Intercepts include 102 grams per tonne gold over 1.1 meters and 9.21 grams per tonne over 0.5 meters in GCDD 002, and 30.19 grams per tonne gold over 2.5 meters in GCDD 001. ...

...For the remainder of the announcement:

http://www.k92mining.com/2016/11/6114/



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Dec 02, 2016

By Ismail Shakil and Sruthi Shankarin Bengaluru
Reuters
Thursday, December 1, 2016

A federal court in California on Wednesday allowed the Internal Revenue Service to seek three years of information from blockchain firm Coinbase Inc. about its American users, the U.S. Department of Justice said.

The court in Northern District of California authorized the IRS to serve a so-called "John Doe summons," used when the summoned person can't be identified, to Coinbase for U.S. taxpayers who conducted virtual currency transactions on its platform during 2013 to 2015. ...

... For the remainder of the report:

http://in.reuters.com/article/usa-coinbase-idINKBN13Q2Z5



ADVERTISEMENT

Canadian Government Issues Key Water License
for Seabridge Gold's KSM Project in British Columbia

Company Announcement
Monday, November 21, 2016

TORONTO -- Seabridge Gold Inc. (TSX: SEA) (NYSE:SA) announced today it has received a license from the Government of Canada required for the construction, operation, and maintenance of the water storage facility and associated ancillary water works at its 100 percent-owned KSM Project in northwestern British Columbia.

The license, as authorized within the International Rivers Improvement Act, regulates all structures and activities situated on transboundary waters shared with the United States that have the potential to affect water quality and quantity. The Water storage facility and its ancillary water works (water diversion ditches and tunnels) are the primary water management control systems for the KSM Project. These facilities separate water that has not contacted mined material from so-called contact water originating from disturbed areas of the mine site and then contain the contact water prior to treatment and eventual release to the receiving environment.

These facilities are situated on Mitchell and Sulphurets creeks, tributaries of the transboundary Unuk River system that flows into Alaska. The license was granted for a term of 25 years under the International Rivers Improvements Regulations as administered by Environment and Climate Change Canada. ...

... For the remainder of the announcement:

http://seabridgegold.net/News/Article/642/federal-government-issues-key-...



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Dec 02, 2016

11:34a ET Friday, December 2, 2016

Dear Friend of GATA and Gold:

The TF Metals Report today details how the U.S. economic data that is being spun to suggest strength actually demonstrates appalling weakness. The report is headlined "More BLS BS" and it's posted here:

http://www.tfmetalsreport.com/blog/8022/more-bls-bs

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]



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Golden Predator Finds New Veins of up to 30.8 g/t Gold;
Airborne Geophysics Completed at 3 Aces Project in Yukon

Company Announcement
Monday, November 21, 2016

VANCOUVER, British Columbia, Canada -- Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) is pleased to announce additional surface exploration results and the results of airborne geophysical surveys from ongoing work at the 3 Aces project in southeastern Yukon, Canada. Highlights include:

-- Seven of Spades: Newly discovered zone with stacked flat lying quartz veins returning values up to 18.55 g/t gold.

-- Queen of Spades: Newly discovered zone with values up to 30.8 g/t gold.

-- Jack of Spades: Additional results from continuous panel sampling of a second higher bench returned 20 meters of 7.62 g/t gold including 11.7 g/t gold over 12.4 meters and 37.9 g/t gold over 1.7 meters.

-- Three of Spades: Additional assays have increased strike length of vein with returns including 6.95 g/t gold. ...

... For the remainder of the announcement:

http://goldenpredator.com/_resources/news/nr_2016_11_21.pdf



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Dec 02, 2016

By the Press Trust of India
via the Hindustan Times, New Delhi
Friday, December 2, 2016

The government on Thursday sought to quell rumors by clarifying that there is no limit on legitimate holding of gold and jewellery, including from inheritance, and there would be no seizure of bullion up to a certain limit even if that does not seem to match income.

"There is no limit on holding of gold jewellery or ornaments by anybody provided it is acquired from explained sources of income including inheritance," the finance ministry said in a statement.

As rumors of government crackdown on gold holdings raged, the ministry first came out with a statement saying the steeper up-to-85-percent‚ÄČtax in the new taxation laws amendment bill will not apply to legitimate gold holding, including those acquired through inheritance or agricultural income.

However, with apprehensions persisting in the absence of clarity on limits on holdings, the ministry came out with another statement hours later saying there is no limit on gold holding from explained sources of income. ...

... For the remainder of the report:

http://www.hindustantimes.com/india-news/no-limit-on-holding-gold-if-it-...



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Sandspring Resources Commences 2016 Exploration Campaign

Company Announcement
August 17, 2016

Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America.

In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization.

For the remainder of the announcement and highlights of the 2015 drill program:

https://finance.yahoo.com/news/sandspring-resources-commences-2016-explo...



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Dec 02, 2016

7p ET Thursday, December 1, 2016

Dear Friend of GATA and Gold:

Sharps Pixley gold market analyst Lawrie Williams today takes note of the increasing divergence between prices in London and Shanghai, where premiums recently have risen to astounding levels. Williams' commentary is headlined "Major Gold Price Divergence between Shanghai and London" and it's posted at Sharps Pixley's internet site here:

http://news.sharpspixley.com/article/lawrie-williams-major-gold-price-di...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]



ADVERTISEMENT

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Visit us at: http://www.goldcore.com



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Dec 01, 2016

By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, December 1, 2016

The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold.

This is because President-elect Trump has stated he will implement infrastructure investment and tax-cut policies. If he pursues this plan, it will lead to larger fiscal deficits, and higher interest rates. The global aspect of the markets recalibration focuses on the strains between the dollar on one side, and the euro and the yen on the other, both still mired in negative interest rates. The capital flows obviously favor the dollar, and are putting the euro currency markets under considerable strain. ...

... For the remainder of the report:

https://wealth.goldmoney.com/research/goldmoney-insights/credit-cycles-a...



ADVERTISEMENT

K92 Drilling Significantly Upgrades Predicted Grade
and Contained Ounces in First 2 Planned Production Stopes

Company Announcement
Wednesday, November 30, 2016

K92 Mining (TSXV:KNT) is pleased to announce the initial results from the ongoing grade control drilling program at its high-grade Kainantu Gold Mine, which is currently in the start-up phase. The results have significantly increased both the predicted grade and contained gold ounces in the first two planned production stopes.

Highlights include:

-- A grade increase from 5.82 grams per tonne gold in the original AMDAD Stope Model to 9.21 grams per tonne.

-- Combined ounces in the two stope designs increase from 1,550 ounces of gold to 2,390 ounces.

-- Intercepts include 102 grams per tonne gold over 1.1 meters and 9.21 grams per tonne over 0.5 meters in GCDD 002, and 30.19 grams per tonne gold over 2.5 meters in GCDD 001. ...

...For the remainder of the announcement:

http://www.k92mining.com/2016/11/6114/



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Dec 01, 2016

3:15p ET Thursday, December 1, 2016

Dear Friend of GATA and Gold:

Interviewed by GoldSeek Radio's Chris Waltzek, Sprott Asset Management's John Embry discusses the enormous amount of "paper gold" recently dumped on the futures market, the possibility that the bullion banks are trying to cover their short positions, and the Indian government's attempt to destroy the country's cash economy, among other topics. The interview is 14 minutes long and can be heard at GoldSeek here:

http://radio.goldseek.com/nuggets.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[email protected]



ADVERTISEMENT

Canadian Government Issues Key Water License
for Seabridge Gold's KSM Project in British Columbia

Company Announcement
Monday, November 21, 2016

TORONTO -- Seabridge Gold Inc. (TSX: SEA) (NYSE:SA) announced today it has received a license from the Government of Canada required for the construction, operation, and maintenance of the water storage facility and associated ancillary water works at its 100 percent-owned KSM Project in northwestern British Columbia.

The license, as authorized within the International Rivers Improvement Act, regulates all structures and activities situated on transboundary waters shared with the United States that have the potential to affect water quality and quantity. The Water storage facility and its ancillary water works (water diversion ditches and tunnels) are the primary water management control systems for the KSM Project. These facilities separate water that has not contacted mined material from so-called contact water originating from disturbed areas of the mine site and then contain the contact water prior to treatment and eventual release to the receiving environment.

These facilities are situated on Mitchell and Sulphurets creeks, tributaries of the transboundary Unuk River system that flows into Alaska. The license was granted for a term of 25 years under the International Rivers Improvements Regulations as administered by Environment and Climate Change Canada. ...

... For the remainder of the announcement:

http://seabridgegold.net/News/Article/642/federal-government-issues-key-...



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Dec 01, 2016

By Henry Sanderson and Lucy Hornby
Financial Times, London
Wednesday, November 30, 2016

China has curbed gold imports in the wake of government attempts to clamp down on capital leaving the country, according to traders and bankers.

Some banks with licenses have recently had difficulty obtaining approval to import gold, they said -- a move tied to China's attempts to stop a weakening renminbi by tightening outflows of dollars, the banks added.

The hit to gold imports comes as China tightens restrictions on overseas deals by state-owned companies in an effort to limit capital outflows that has seen the renminbi fall to its lowest against the dollar in eight years.

... For the remainder of the report:

https://www.ft.com/content/1cf17928-b706-11e6-961e-a1acd97f622d



ADVERTISEMENT

Golden Predator Finds New Veins of up to 30.8 g/t Gold;
Airborne Geophysics Completed at 3 Aces Project in Yukon

Company Announcement
Monday, November 21, 2016

VANCOUVER, British Columbia, Canada -- Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) is pleased to announce additional surface exploration results and the results of airborne geophysical surveys from ongoing work at the 3 Aces project in southeastern Yukon, Canada. Highlights include:

-- Seven of Spades: Newly discovered zone with stacked flat lying quartz veins returning values up to 18.55 g/t gold.

-- Queen of Spades: Newly discovered zone with values up to 30.8 g/t gold.

-- Jack of Spades: Additional results from continuous panel sampling of a second higher bench returned 20 meters of 7.62 g/t gold including 11.7 g/t gold over 12.4 meters and 37.9 g/t gold over 1.7 meters.

-- Three of Spades: Additional assays have increased strike length of vein with returns including 6.95 g/t gold. ...

... For the remainder of the announcement:

http://goldenpredator.com/_resources/news/nr_2016_11_21.pdf



Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16