"Gold prices kicked off the week sharply lower as Frank Holmes is back from the Mines & Money conference in Hong Kong and discusses Fed Chair Janet Yellen’s hawkish comments Friday afternoon and the renewed strength of the U.S. dollar on this edition of Gold Game Film. Holmes notes that weakness in gold prices is a combination of Yellen’s comments spilling into this week and a stronger U.S. dollar – something he doesn’t see lasting. “The idea of rates rising in America, the dollar would just rip and the stock market would plunge,” he says. “It would plunge more in dollar value loss than one would imagine compared to gold falling to $1,000, or $900 an ounce. The wipeout in the stock market would be significantly greater.” Tune in now to see where Frank’s tossing his touchdown pass of the week. Kitco News, March 30, 2015."
Finally the word is out and multiplied by ZeroHedge. Let's wait when the story will hit mass media now.
"Gold production is expected to peak in 2015. As the next chart suggests, the discovery cycle peaked some 20 years ago, and that will only reflect as of this year in the production volumes. Combine this with the falling gold prices (currently right below the average cost of production), and the result is a series of liquidations of miners and mining projects which would lead to an even more drastic short-term decrease of gold output. Read more."
"Nova Gold has published its new presentation for PDAC 2015. Now you can find more information about Alaska as mining jurisdiction and Donlin Gold type of Gold deposit. TNR Gold owns 100% of Shotgun Gold project in Alaska, which has very similar geology to Donlin Gold, according to Greg Johnson - one of the founders of Nova Gold. Read more."