Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Cabral Gold Inc T.CBR.A


Primary Symbol: V.CBR Alternate Symbol(s):  CBGZF

Cabral Gold Inc. is a Canada-based junior resource company. The Company is engaged in the identification, exploration and development of mineral properties, with a primary focus on gold properties located in Brazil. The Company’s projects include Cuiu Cuiu gold project and Bom Jardim project. The Company has a 100% interest in the Cuiu Cuiu gold district located in the Tapajos Region, within the state of Para in northern Brazil. The Cuiu Cuiu gold project consists of several shear zone-hosted gold deposits that occur within granitic rocks of the Cuiu Cuiu Complex, in the Tapajos Region of northern Brazil. The Bom Jardim project is located about 25 kilometers (km) northwest of the Cuiu Cuiu property and 45 km NW of Eldorado's 2.5M oz Tocantinzinho deposit. It controls two exploration licenses comprising more than 13,000 hectares covering the headwaters and source areas of the Bom Jardim district.


TSXV:CBR - Post by User

Bullboard Posts
Post by Valuation_on Jan 31, 2007 6:21pm
148 Views
Post# 12135688

IMF: Changes set to boost the gold price

IMF: Changes set to boost the gold priceHello to all, https://www.ameinfo.com/108894.html "IMF gold trading rule changes set to boost the gold price The International Monetary Fund is in the process of revising the laws that govern the trading of gold by the world's central banks which will radically change the ability of central bankers to suppress the gold price, a major factor depressing the price of the yellow metal that has been an open secret for years. This sort of systemic market reform will likely have a huge impact on the gold market. It is like the 'Big Bang' changes to world stock markets that started in the 1980s and led to an explosion in equity ownership and higher price-to-earnings ratios. That gold prices have been artificially depressed for decades is not hard to establish. Consider the nominal peak oil price last year of $78-a-barrel, twice the previous nominal peak value reached in 1980. Gold by comparison hit $725 an ounce last year, yet is still below its nominal peak value in 1980. What has been happening is that central bankers have been swapping and loaning gold in the gold market to keep the price down to produce another false indication that inflation is under control. Some analysts allege that they have actually now lent considerably more gold than they have in their vaults, so the world's gold's reserves are smaller than reported; and the lack of gold audits from central banks just adds to this suspicion. IMF review The IMF has been reviewing all aspects of the gold trade by central banks for the fifth edition of its Balance of Payments Manual which includes the regulations governing gold swaps and loans. IMF officials told ResourceInvestor.com that a draft edition will be posted for worldwide comment within two months. It remains to be seen whether the central banks now manage to sabotage this attempt to control their alleged gold market manipulation. But the very publication of the draft rules, which have clearly been endorsed internally by the IMF, throws down a major challenge to the banks. For gold traders, and even the general public, the suppression of the gold market is pretty obvious. Market news that should move the gold price up is often anticipated by the central banks which appear to shuffle a few transactions between themselves to send the price in the opposite direction. Gold cartel to fall? But such is the growing size and interest in the gold market that participants are increasingly ganging up in protest at such blatant manipulation that would not be tolerated in any other financial market. It looks as though the IMF has decided that enough is enough and decided to call it a day. The ending of any price suppression or cartel in a market is usually a bullish signal. What would the gold price be in a free market without the central banks swapping and loaning gold amongst themselves? Well, it does not take much imagination to see that a rebalancing of gold's position relative to other assets and currencies would follow. That the IMF has now put the gold market out for open discussion is clearly the first step towards a new era for the yellow metal. How long that era will take to arrive is still a matter of conjecture. But the idea of stocking up on gold while prices are still low has intrinsic appeal; or buy silver or other precious metals which would also rise alongside the gold price, perhaps even higher." ___ On another note, for a golden opportunity (17 g/t Au, 196 g/t Ag - it's just the tip of the iceberg!!) please visit this link: https://www.stockhouse.ca/blogs.asp?page=viewblog&blogid=514 GLTA
Bullboard Posts