Gold - The Catalyst: Bitcoin And Other Video Games Of The MMT Age.

 

Every bubble needs great people to make it great. Gold is the ultimate hedge and now confirms that it can provide a hedge not only for portfolios constructed with stocks and bonds but for all portfolios including cryptocurrencies as well.

Nobody knows the future, but for all brave hodlers, I can suggest that by allocating just 10% of your crypto portfolio into Gold you can get better sleep at night. If Crypto Whales who are pumping Bitcoin and selling it to you are right and its price will go to 1,000,000 - this investment in Gold will be a very small price to pay to be on your own yacht. You can have your own toilet made of that Gold in that case. 

If Crypto Whales are playing dirty with your desire for Freedom - you will be able to stay alive with your holding of Gold to enjoy your Freedom even after all your "Crypto Store of Value" will go down that proverbial toilet. Do your homework, make informed decisions and stay safe.

Jim Puplava and John Ing are translating today for us all things "crypto" in English and discussing "New Normal", old Inflation and Gold in the MMT Age. It is highly recommended for all to listen in order to realise that Bitcoin and other Video Games of the MMT Age are just that - Games. These games are played by Crypto Whales with Gamers and have nothing to do with the real values in the real world. You do not even have to go as far as EMP, just remember that all virtual games are virtual and some very ruthless and determined people are planning the real War Games. 

Bitcoin has become one of the main soft targets in the West and deserves national attention as a matter of state military risk management. Bitcoin's crash will not only bring a brutal awakening to "the brave fighters of the FED", but can bring very important companies like my beloved Tesla down spreading the shock waves across a very fragile overleveraged economy. The higher Bitcoin goes now, the more "great people" are getting sucked into and being sacrificed for this "Mother of All Bubbles" - the bigger shock will be for all parties involved after that lethal strike.   

The last Gold bugs left are jumping on the Bitcoin bandwagon and getting lost in the Dark Crypto Web with their money being Tethered. To be brutally honest, I am still puzzled how the same old as this world "investment thesis" can still fly even at this recent Bitcoin altitude. “Just imagine if every Chinese family will buy a mechanical clock”. I guess it’s all about things that hardly anybody can really understand, memes and laser eyes. 

The old beautiful law of leverage can produce miracles on the way up if it is applied properly. The same law has already crashed the whole civilisations. Not everybody is ready to dive really deep with me to learn about "Rehypothecation Silos in the UK" - MMT collateral pyramids on the grand scale - the driving engine of modern financial miracles. It can provide you with a better understanding of the real risks involved in the overleveraged financial system. In my very personal opinion, all these Dark Web Crypto scams are worse squared. 

"Welcome to Bitcoin "market" with a price discovery driven by Tether digital printing press instead of FED's FIAT "digital press" and Elon Musk Twitter feed. Do brave FED fighters on blockchain even realise that?"    

Who owns what in Bahamas and Bermuda? Who owes to whom? Will everybody get tasered after they have been happily Tethering their money with Bitcoin on its way up? We will see, but today a lot of people should pray that my beloved Elon Musk will not completely take his eyes off the ball fighting his demons after becoming "technoking".  

FOMO is the main driving force of this part of the very tired bull market in equities. Bitcoin with its cryptic prophets and the main appeal as a promise of a possible "Getting Rich Quick" Ponzi scheme is always wrapped up in goldish Gold 2.0 crypto foil. This is where we have the glimpse of things to come to the Gold market after Silver Squeeze. Everybody hates Gold now, will you love it as FOMO at $15,000?

Bitcoin used to be Gold 2.0 - the Real Money, but better. First, it lost its quality as a method of payment. If all pizzas bought with Bitcoin will fly to the moon, who is going to use it as intermedium to conduct commercial transactions? Now it is pumped by the whales to the herd as “the store of value”. This value depends on whether Apple will buy it tomorrow or one of the brave corporate balance sheet treasury investors in crypto will go bust. 

What will happen with this "store of value" if Elon Musk decides to sell all Bitcoin and put Tesla treasury funds in Dogecoin instead? What will be the next value proposition - NFTed memes and laser eyes? For your personal risk management, two very simple things are very important to understand. 

Holger Zschaepitz @Schuldensuehner

The first one, the Twitter Whales with laser eyes who are pumping up and selling Bitcoin to you today at $60,000 will be fine even if Bitcoin will crash tomorrow to $30,000 and will never come back. They will be more than fine if they really "bought it at $1." You will lose half of your capital. And second, Elon Musk can lose $40 Billion dollars after his bitcoin adventure with Tesla, he will be fine. Not a lot of young revolutionaries who are fighting FED on the dark web blockchains will ever recover after losing $40,000. Never forget it and trade accordingly, just do not call it an investment.

The potential realisation by the herd that if you do not know who is "the sucker" at the Bitcoin poker table - it is you, can bring the overnight Catalyst for the Gold market. 

And, please, never forget that Big Brothers and their FED hate competition and can let play you in revolutionaries for a while, but nobody is allowed to challenge "the right given by God" to "the right and chosen people" to mint the FIAT currency of any sorts. 

India and China may be ringing this bell for Bitcoin first for their own citizens now. After I have published this post yesterday, I came across two podcasts with Mike Green today. Invest two hours of your time and listen carefully before you get lost in the Dark Crypto Web. My analysis of Bitcoin as an example of the "Mother of All Bubbles" and National Security Risk was based on the big picture view and market observations. 

Mike Green provides us with the best and clear logic, which I found so far, translating all cryptic slogans and separating all woke flies from your hard-earned hamburgers. Needless to say and it is not very shocking for us here, Cryptic Prophets with laser eyes sound very plain after being translated into English and Twitter Whales can not address any major topics of concern in-depth after being taken out of the Twitter comfort zone with its 240 characters limit. 

But the most troubling for me personally is the realisation that "technological expert' cannot refute on the spot the technological possibility of attack by Non-Economic Actors on the Bitcoin network. The technical possibility of such an attack by any of the state-level players put all these Crypto Video Games of the MMT Age in a totally new military risk assessment perspective of the War Games in the 21st century. As Mike Green commented: "We are willingly participating in the system that is dominated by those who has explicitly stated bad intentions towards the United States." 

Who has invented this National Security Risk wrapped in a fake goldish foil which is growing exponentially and has been marketed as Gold 2.0 to the herd in the West? It remains to be answered in the future, but your money deserves your respect today. Understand first what kind of games you are playing and who is holding all the aces. The very old Game of Music Chairs will drive the very simple exit strategy for the Whales holding all the aces. Who will pull the plug first? You need to convert your paper gains into real capital gains before others will do it. Once the amount of money flowing in becomes smaller than the amount of money rushing out, this bubble will burst. The higher it goes now, the deeper will be the fall for those buying at the top of the bubble. But even without this dramatic and traumatic experience for so many good people, Gold has the major friend now and FED's driving force with unlimited money printing and Negative Real Rates.

Jim Puplava and John Ing are discussing today in depth all these factors, which will propel Gold on its next leg up in this young Bull market. The best Gold miners are literally printing money at these prices of Gold already. 

These seasoned market veterans are confirming my observations that M&A will be the main driving force for the junior mining space. Major Gold miners are facing Peak Gold Reserves and need new giant projects in the stable mining jurisdiction just to continue the same rate of production.

Below you can find more information for your own research on the TNR Gold relationship with developing Donlin Gold Mining Camp and my own personal vision of how the Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil. How is this relevant, what is the relationship between Donlin and Shotgun Gold? 

My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin. 

TNR Gold Shotgun Gold Project Presentation from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

Powered By Tesla Energy rEVolution: TNR Gold Los Azules Copper NSR Royalty Holding With McEwen Mining Presentation.

 

Copper breaks $4.30 per lb and $9,000 per T supercharged by Energy Transition to Renewables and the giant Los Azules Copper, Gold and Silver Project is shining very bright in the latest McEwen Mining presentation. Rob McEwen is talking about an "overlooked asset" and how he is going to bring it's "$5 Billion NPV" to the attention of Mr Market. 

TNR Gold is plugged into Tesla Energy rEVolution with our Copper, Silver and Lithium Royalty Holdings. We are very well positioned to benefit from Rob's Midas touch with our 0.36% NSR Royalty Holding on the entire Los Azules Project. Now you can continue with your own research and can better understand why I am investing in TNR Gold again. 

TNR Gold Los Azules Copper NSR Royalty Holding with McEwen Mining Presentation 

from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

TNR Gold NSR Royalty Holding: Copper Breaks $4.30 And Rob McEwen Provides An Update: "Using The Current Price Of Copper PEA Of Los Azules, We Arrive At NPV Of Approximately $5 Billion".

Copper breaks $4.30 per lb and $9,000 per T supercharged by Energy Transition to Renewables and the giant Los Azules Copper, Gold and Silver Project is shining very bright in the latest McEwen Mining presentation. Rob McEwen is talking about an "overlooked asset" and how he is going to bring it's "$5 Billion NPV" to the attention of Mr Market. 

TNR Gold is plugged into Tesla Energy rEVolution with our Copper, Silver and Lithium Royalty Holdings. We are very well positioned to benefit from Rob's Midas touch with our 0.36% NSR Royalty Holding on the entire Los Azules Project. Now you can continue with your own research and can better understand why I am investing in TNR Gold again. 

 

"...Beneficial developments that we welcomed, but were beyond our control, were the massive increases in the prices of silver and copper and the resultant increase in the values of our silver and copper assets. For example, using the current price of copper in the financial model from our 2017 Preliminary Economic Assessment of Los Azules, we arrive at a Net Present Value, discounted at 8%, of approximately $5 billion.In respect of the potential value of our silver assets, if we combine the San José mine and the Fenix Project, it could potentially represent a medium-sized silver producer. One investment banker we spoke to suggested the value of such a company could be a minimum of $140 million. We believe that there is significant value to be realized by spinning these assets out in two separate vehicles. In this manner we could raise the necessary capital to advance these properties, while maintaining a large shareholding. I believe that the shares of these new companies will grow in value along with the growth in demand for these metals, on the back of the green technology movement. Specifically, the electrification of transportation, renewable energy technologies and the continuing urbanization of Asia and Africa..."  

Commented Rob McEwen, Chairman & Chief Owner, McEwen Mining.

“I’m a strong believer in personal interest,” stated Mr. Klip. “It’s very encouraging when it’s aligned with that of the shareholders. To that end, I’m pleased that other insiders of the Company have joined me in our recent private placements. While I am the largest individual shareholder of TNR Gold, it’s crucial for me that all of us at the TNR Gold Team are personally motivated to succeed. It’s because of this that shareholders can trust us to advance the Company forward with great passion. Our recent private placement was oversubscribed and we are well-positioned now to develop further our portfolio of strategic assets in gold and Energy rEVolution metals.

Kirill Klip continued, “Our forward-thinking approach is allowing us to integrate our strategic portfolio with the international capital markets, while maintaining efforts to minimize dilution for all our shareholders. During these favourable macro-economic conditions for gold and green energy metals, we have been enjoying an entirely new level of attention and participation from certain financial institutions. This will allow us to accelerate the development of the Shotgun Gold Project as well as continue to advance our royalty portfolio within the next chapter of business: Green Energy Metals. We maintain the potential of adding to our core royalty holdings on the Los Azules Copper Project with McEwen Mining and the Mariana Lithium Project under the management of Ganfeng Lithium.”

 

TNR Gold holds NSR royalties on projects containing copper, gold, silver and lithium metals. TNR Gold does not have to contribute any capital for the development of Los Azules Copper Project and Mariana Lithium Project. Neither does our NSR Royalty depend on the size of International Lithium’s potentially diluted ownership in the Mariana Lithium Project. The essence of our business model is to have industry leaders like McEwen Mining and Ganfeng Lithium as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders..."

 

TNR Gold Royalty Holding: McEwen Mining Update - "With The Increasing Copper Price, We Have Received A Heightened Level Of Interest In Los Azules From Major Mining Companies".

McEwen Mining provides us with a new Los Azules Copper Project update: "With The Increasing Copper Price, We Have Received A Heightened Level Of Interest In Los Azules From Major Mining Companies" Rob McEwen is presenting giant Los Azules Copper Project "as one of our most valuable yet under-appreciated assets". This project can be considered as a giant stand-alone Silver project with credits from Gold and Copper! As you know, TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings on Los Azules Copper with McEwen Mining and on Mariana Lithium JV with giant Ganfeng Lithium as the operator. 

Our projects are growing and we are moving forward. Our investors were already digesting the Taca Taca Copper Royalty deal, which brought a very important benchmark for the potential of TNR Gold Los Azules Copper Royalty valuation. Today we have more information from the legendary Rob McEwen about his vision and how he is going to move forward with this "Sleeping Giant" in Argentina. 

I continue to invest in our Company and other insiders joined me. Now you can see how the very powerful megatrends are manifesting themselves. We are building The Green Energy Metals Royalty and Gold Company. Do your own research and join The Switch and rEVolution. Buckle up and stay safe.

Gold In The USA, The Alaskan Elephant Country: TNR Gold Shotgun Gold Project Presentation.

It is time for us to discuss the TNR Gold relationship with developing Donlin Gold Mining Camp and my own personal vision of how the Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil. How is this relevant, what is the relationship between Donlin and Shotgun Gold? 

My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin. 

TNR Gold Shotgun Gold Project Presentation from Kirill Klip

Please visit the TNR Gold website for all updated presentations.

Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blog. Always consult a qualified financial adviser before any investment decisions. 

Do Your Own Research.

TNR Shotgun Gold Project In "The Alaskan Elephant Country". Dr Tim Baker: "Major Porphyry Gold Deposits".

We extend our congratulations to TNR Gold shareholder NovaGold and their Donlin Gold JV partner Barrick Gold. JV partners of Donlin Gold have announced solid results from the largest drilling campaign since 2008 on the project. On the back of this news, it is time for us to discuss our own relationship with developing Donlin Gold Mining Camp and my own personal vision of how the Donlin Gold project can potentially grow into a 50 million-plus oz Au resource project and become a major Gold Mining Camp in the world based on the U.S. soil. 

Dr Tim Baker

How is this relevant, what is the relationship between Donlin and Shotgun Gold? My belief is TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. This vision is based on our exploration work and academic studies like the ones from Dr Tim Baker in which Shotgun Gold Project is not only listed alongside Donlin Creek as one of the "Major Porphyry Gold Deposits" but is also projected to contain the similar porphyry intrusion-related type system as Donlin. 

I am the largest shareholder of TNR Gold, so my personal visions must be followed by your own research, including reading all legal disclaimers. There is no investment advice on my blog or any social media feeds and you should always consult a qualified investment adviser before making any investment decisions. 

Dr Tim Baker

All visions, all great paths forward should be supported by solid science and Dr Tim Baker provides us today with sober scientific observations from his studies about the "Major Porphyry Intrusion-Related Gold Deposits" in the world. What follows is my attempt to translate the high-level geological and geochemical data collected by Dr Baker after studying for many years "Major Porphyry Granite Related Gold Deposits" in the world including Shotgun Gold into a few digestible ideas. 

Dr Tim Baker

How are these "Elephants" - the giant porphyry Gold deposits - formed? Where should you look for these "Elephants"? And why a found "trunk of an Elephant" which snakes up all the way to the surface in Alaska, can leave many geologists awake at night at the right time of the Gold Cycle? 

Stubbornly rising Gold prices are great seasoning for great projects nestled in safe, ready to grow mining jurisdictions like Alaska. Rising Gold price is what allows us, after all this time, finally move from the preparation stage and into action. Shotgun Gold Project is already part of academic research and scientific papers, now we are moving forward with our strategy to make its development part of Gold industry studies to unlock its full potential. 

Our preparations are set for this golden opportunity. We have the academic research and inferred resource has been already defined in produced Shotgun Gold NI 43-101 Technical Report. Gold Bull market finally brought us a favourable environment in which Eric Sprott doubles his "mental valuations" from $50 to $100 per oz Au in the ground. Barrick Gold warns of supply crisis and calls for consolidation, while VanEck International Investors Fund calls gold mining stocks "undervalued based on the statistical norm of share prices to cash flow … at a time when producers are on their best financial footing in recent history".

We all remember the very brave super-smart short-sellers that were so worried about losing a lot of money in this Gold Bull market that they produced a company-killer report about NovaGold which made many other investors worry about Donlin Gold, especially in regards to its economic viability and Barrick Gold's plans for this JV project with NovaGold. Thomas Kaplan came out with all guns blazing, sued the super-smart FUD producers and made the best move that can happen in the mining industry. Amid worldwide pandemic, NovaGold Donlin Gold Team conducted 23,400m in 85 holes of the largest since 2008 drilling campaign on the project.

NovaGold NR October 26, 2020.

CEO Mark Bristow has confirmed that Donlin Gold is a key project for Barrick Gold. Now the project will grow further, updated model and a new resource estimation are expected. Drilling intersections are spectacular with high-grade sections of 4.17m grading 80.6 g/t Gold starting at 123.48 drilled depth, including a subinterval of 3.15m grading 106.2 g/t gold starting at 124.5m drilled depth. Drill hole DC20-1872 was drilled to the depth of 632.8m and the Gold mineralisation intersection of 6m was found from 603.23m to 609.23m grading 2.33 g/t. Now you can better understand why I am talking about the potential development of the Donlin Gold project into 50 million-plus oz Au resources to become one of the largest Gold Mining Camps in the world based on U.S. soil. 

NovaGold NR October 26, 2020.

It is important to mention here that TNR' Shotgun Gold Project is a Porphyry Gold system as well, with a similar geo signature as Donlin Gold. 

Dr Tim Baker

"Shotgun Gold is a multiphase intrusion-related system associated with  69.7 Ma magmatism, tying Shotgun Gold to a widespread magmatic Gold mineralising event including the 70 Ma Donlin Gold project. Mineralisation and magmatism at Shotgun Gold resemble Donlin Gold and other deposits in the area where regional structures focus the first order emplacement of magmas, and local structures control mineralisation at the deposit scale." 

 

Shotgun Gold has seen very limited drilling of the total 7,000m. "Mineral resource is located from surface to a depth of 150m. The resource is located on a ridge forming a topographic high. Mineralisation appears to be uniform with little-to-no "nugget effect".

 

All Shotgun Gold inferred resource of 705,960 oz Au was defined at the Shotgun Ridge. "Mineralisation appears to be open at depth and along strike. Mineralisation from some drill holes was not included in the resource model. It can add additional resources with future drilling."

The next slide demonstrates very well the concept of an "Elephant and its trunk" which may be leading to "a hiding in the ground Elephant" when you study "Depth-fluids Models For IRGS" presented by Dr Tim Baker and TNR's Shotgun Gold exploration studies combining drilling results and 3D chargebility model.

 

All Shotgun Gold resource was defined just in one target at Shotgun Ridge. "Shotgun Ridge has untested structural intersections that may host significant Gold deposits. If the IP method is showing mineralization as interpreted, then the potential exists to expand the near-surface mineral resource in close proximity to the existing resource."

"Geology supports the target model. Only one of 5 targets is tested to date. 705,960 oz Au defined in one target with less than 5,000m drilling. Deposit is open at depth and along strike."

"Shotgun Ridge alone shows potential to host multiple, closely spaced gold deposits." 

TNR Gold Shotgun Gold Project is located 190 km south of Donlin Gold and I personally believe that we are very well positioned now with our development strategy. This approach becomes particularly interesting after recent M&A activities by Kinross Gold. TNR's Shotgun Gold Project can potentially grow and become a foremost, immediate satellite site Gold deposit to Donlin Gold's Mining Camp infrastructure. 

"Today we have Peak Gold Supply in the spotlight again. Majors have to buy new Gold projects in order to replenish their resources in the pipeline for development. Kinross Gold is acquiring 70% of the Peak Gold project and putting all our Shotgun Gold development Story into the new light of potential developments now:

"CALGARY - Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.

Toronto-based Kinross has agreed to pay Royal Gold about $66 million for its entire 40 per cent stake and $59.6 million for half of Contango's 60 per cent share, leaving Contango with a minority 30 per cent holding.

The miner says it plans to process ore from the open-pit Peak Gold mine at its existing Fort Knox mine, 400 kilometres to the northwest, to reduce costs and extend the life of the existing mill and infrastructure." BNN Bloomberg.

Shotgun Gold Project is located 190 km south from Donlin Gold, where our shareholder NovaGold is developing this giant project together with Barrick Gold."

 

Higher Gold prices and rising demand are pushing all industry insiders to adjust their strategy, the whole mining districts can be built around the central for particular mining camps facilities like Kinross is doing now. M&A and consolidation of the resources in the satellite deposits around such existing and developing mining infrastructure centres have already started. Developing Donlin Gold Mining Camp provides a unique opportunity for TNR's Shotgun Gold Project to grow with further exploration and potentially become a part of one of the largest Gold Mining Camps on U.S. soil. Now it is time for you to make your own research and make your own conclusions, stay safe.