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Alasdair Macleod: Supply chain breakdown will worsen the inflationary storm
By Alasdair Macleod
GoldMoney, Toronto
Tuesday, September 6, 2022
The disruption of global supply chains is seen to be a temporary problem yet to be resolved, but there are good reasons to believe it is now permanent.
Following the end of the cold war against China and the foundation of a new peaceful era, American and other manufacturers began to expand their production facilities into China and Southeast Asia. It was the beginning of what became a trade system based on global supply chains, increasingly sophisticated logistics, and just-in-time inventory management.
... Dispatch continues below ...
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I-80 Gold Discovers High-Grade
Silver-Rich Mineralization At Ruby Hill in Nevada
Company Announcement
Tuesday, August 30, 2022
RENO, Nevada -- I-80 Gold Corp. (TSX:IAU, NYSE:IAUX) announces that high-grade, silver-rich, polymetallic CRD mineralization has been discovered in drilling the Hilltop target at the company’s 100%-owned Ruby Hill Property in Eureka County, Nevada.
Highlight results from initial drilling at the Hilltop target:
iRH22-25 (lower horizon) – four intercepts:
-- 671.0 g/t Ag, 7.7 % Zn, and 26.4 % Pb over 0.9 m (19.6 oz/ton silver -- 3.0 ft).
-- 238.8 g/t Ag, 11.0 % Zn, and 9.0 % Pb over 9.4 m (7.0 oz/ton Ag -- 31.0 ft).
-- 469.5 g/t Ag, 11.8 % Zn, and 18.2 % Pb over 2.1 m (13.7 oz/ton Ag -- 7.0 ft).
-- 1,006.0 g/t Ag, 10.9 % Zn, 27.7 % Pb, and 1.6 % Cu over 0.9 m (29.4 oz/ton Ag -- 3.0 ft).
iRH22-43 (upper horizon):
-- 515.3 g/t Ag, 28.9 % Pb, 10.5 % Zn, and 0.9 g/t Au over 28.3 m (15.0 oz/ton Ag – 92.5 ft).
Additionally, two historic holes in the Hilltop target area contain significant intercepts:
HC1427 (lower horizon):
-- 769.2 g/t Ag, 12.4 % Zn, 13.9 % Pb, and 1.0 % Cu over 5.8 m (22.4 oz/ton Ag – 19.0 ft).
BRH-22 (upper horizon):
-- 929.7 g/t Ag and 21.6 % Pb over 4.6 m (27.1 oz/ton Ag – 15.0 ft).
The Hilltop target is one of five conceptual exploration targets drilled in the 2022 program at Ruby Hill and was identified for its potential to host polymetallic (silver-lead-zinc) mineralization. The new zone of mineralization is located approximately 400 meters southwest of the poly-metallic Blackjack Zone and immediately south of the Archimedes pit and the planned portal that the company is advancing for construction. ...
“At current metal prices, the rock value of the initial drill intercepts in the Hilltop Zone represent some of the highest-grade mineralization identified, on a per-tonne basis, to date at Ruby Hill," said Ewan Downie, CEO of I-80. "Given its proximity to the underground infrastructure planned in 2023, this zone is expected to fit in to our future development and mine plans such that we ultimately expect to produce gold, silver, and base metals." ...
... For the remainder of the announcement:
https://www.i80gold.com/i-80-gold-discovers-high-grade-silver-rich-crd-mineralization-at-ruby-hill/
Global supply chains deliver enormous benefits between peaceful nations, but they cease to work when they are at war.
Souring trade relations between America and China, covid, and the disruption to international logistics pits them into an undeclared conflict. The trade environment is now against a background of an increasingly belligerent geopolitical struggle, involving both China and Russia on one side, and America and its allies on another. In the absence of détente, which now seems a distant prospect, the system of global supply chains can operate no longer. They must become re-established within national borders.
The consequences are long-term product supply disruption, higher consumer prices, and soaring energy prices already evidenced in Europe. Coming on top of a new trend of rising interest rates and contracting bank credit, it has the makings of an economic crisis for the West, to which governments are bound to respond by creating an inflationary storm.
This article analyses these new war-time trade conditions in the geopolitical context and examines the likely consequences. ...
... For the remainder of the analysis:
https://www.goldmoney.com/research/supply-chains-interest-rates-and-inflation?gmrefcode=gata
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-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
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* * *
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 12-15, 2022
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
https://neworleansconference.com/
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
* * *
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:
To contribute to GATA, please visit:
