(Reuters) - Osisko Mining Corp said on Wednesday that Yamana Gold Inc would buy a 50 percent stake in its mining and exploration assets for C$930 million ($843 million), a deal that potentially thwarts a hostile bid from Goldcorp Inc.
The deal would give Latin America-focused Yamana its first major asset in Canada and make the Toronto-based miner an equal partner in the Osisko properties.
Gloom Boom & Doom Report publisher Marc Faber discusses the fragile state of the US and global financial systems… how rising inflation will affect the average American… how soon the bubble will burst… and why gold and silver will triumph.
Here are a few highlights:
“The US is a country that likes to create trouble, but they don’t like to clean up things.”
In the mail box this morning we have this post from Martin Armstrong that may be of interest to you.
Posted on April 1, 2014 by Martin Armstrong
I have stated NUMEROUS times that gold is neither the hedge against inflation nor does it rise all alone during hyperinflation when everything rises. The difference between gold and other investments such as real estate and stocks lies in its MOVABILITY.
RUSSIA has said it was pulling a battalion of several hundred troops away from the Ukrainian border but kept tens of thousands in place, prompting a worried response from the Kiev government about what the US warned was still a “tremendous build-up.”
Russia moved quickly to strengthen its economic hold on Crimea, with Prime Minister Dmitry Medvedev arriving in this newly annexed peninsula with promises of funds for improved power supplies, water lines, education and pensions for the elderly.
Posted on March 28, 2014 by Martin Armstrong
President Vladimir Putin addressed his nation on Friday describing Russia’s takeover of Crimea as demonstrating Russia is back and the Russian flag is now flying over all military sites on the Black Sea peninsula. Putin addressed the nation saying … “The recent events in Crimea were a serious test…” and that the Russian military“demonstrated both the completely new capabilities of our Armed Forces and the high morale of the personnel.”
Former Comptroller General of the United States David Walker talks about the trouble with Obamacare and the sky-high national debt… how much to spend on national defense… and outlines his top 3 reforms to fix the US government.
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Here are a few highlights:
The YouGov poll for LBC and The Sun showed that the UKIP leader came out on top of the debate on Britain's future in Europe.
57% of people polled said Mr Farage came out the winner, compared with 36% saying Mr Clegg.
In this morning’s mail bag we have another interesting article sent to us from taki tsaklanos of goldsilverworlds.com regarding the inflation/deflation battle which you may find interesting:
Two months ago, Incrementum Liechtenstein released its chartbook entitled “Monetary Tectonics” which illustrated the raging war between inflation and deflation in 40 charts. Meantime, the authors of the chartbook have launched the “Austrian Economics Golden Opportunities Fund,” a fund that takes investment positions based on the level of inflation. The key tool in their investment decisions is the “Incrementum Inflation Signal” (also referred to as the “monetary seismograph”), a continuing measurement of how much monetary inflation reaches the real economy based on a series of market-based indicators.
In this morning’s mail bag we have this article sent to us from taki tsaklanos of goldsilverworlds.com about the Golden Cross which you may find interesting:
This article is based on the latest premium edition of the Sentimentrader report (click here for a free trial). Market sentiment towards gold and silver are analyzed and put into perspective.
Gold’s daily chart is currently showing its 50 day moving average crossing over its 200 day moving average.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
Wednesday, April 2, 2014 at 06:48PM
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