THE ALBERTA GOLD RUSH NEWS...SPOT PRICE OF GOLD! July 12th, 2019. Alberta Gold Prospectors Association Gold in the news! London's gold market is more liquid than bonds - ... Silver,

Alberta Gold Prospectors Association www.agpa.ca

THE ALBERTA GOLD RUSH NEWS

Summer 2019

in this issue:

*spot price of gold! *upcoming events to

know about *meet your members!

Welcome: Mr. Ron Haynes Mr. Grant Clark

Mr. & Mrs. Paul & Lorraine Arguin Mr. Douglas Houghton

Mr. & Mrs. Constantin & Angelika Burca

Mr. & Mrs. Gregory & Victoria Pyle Mr. Louis Higginbottom

Mr. & Miss Eric & Jen Leblanc Daholder

Mr. & Mrs. Barry & Becky Scott Mr. Sebastien Grondines (& family)

Mr. Dale Lemoignan

Did you know?!

In Between 1848 and 1849, the population of California grew by

over 100,000.

Earthquakes turn

water into gold!


DO YOU HAVE ANY SUGGESTIONS? If you have any ideas or stories you would like to share, please feel

free to email me directly! Sarah Hollywood Newsletter Editor

If your membership is due please renew it . Please read and fill in the enclosed waiver. Membership dues can be sent to:

Kathy Trombley (Secretary/Treasurer)

PO Box 78034 383 Heritage Dr. SE

Calgary, AB T2H2Y1

Single $20 Family $30 Executive Team: President: Alexandra Hadash Vice-President: Jon Garner Secretary/Treasurer: Kathy Trombley Director: Fred Walker - Director Website Director: Terry Beaton Competitions Director: Robin Rosborough Dan Hadash Fundraising Director: Dan Hadash At Large: Rod Walker Christina Van Ember Fred Walker Communications Director: Sarah Hollywood [email protected]

SPOT PRICE OF GOLD! July 12th, 2019


Gold in the news! London's gold market is more liquid

than bonds - LBMA July 11, 2019 - Peter Hobson

LONDON (Reuters) - London’s gold market is much more liquid than government or corporate bonds, the London Bullion Market Association (LBMA) said on Thursday, presenting new figures which it said meant gold should not be subject to tough new liquidity rules. The rules, due to go into force in the European Union in 2021, treat

physically traded gold and other precious metals like any other commodity and require banks to hold more assets to match their exposure as a buffer against adverse price

moves.

The LBMA has lobbied for precious metals to be exempt, arguing the regulation is unnecessary and would disrupt London’s bullion clearing system, which settles gold

transactions worth around $25 billion a day. Reuters reported in January that the European Banking Authority (EBA) would review whether the rules, known as the net stable funding ratio (NSFR), are appropriate for precious metals. To persuade the EBA of the need for an exemption, the LBMA calculated the liquidity of London’s precious

metals market and compared this with the EBA’s ratings of assets including government and corporate bonds, which it considers highly liquid. The LBMA said gold had an

amihud illiquidity ratio — a tool used to gauge liquidity — of 0.000018, compared to the EBA’s scores of 0.059 for government bonds and 0.188 for corporate bonds. A

reading closer to zero signifies greater liquidity. Silver, platinum and palladium were also more liquid than bond markets with ratios between 0.0002 and 0.0017, the LBMA said. “It makes a very compelling case for regulators to reconsider precious metals as a

high-quality liquid asset, and in particular gold,” said LBMA Chief Executive Ruth Crowell.


Happy Canada Day!


What You Need To Know! Scouts were excited; as AGPA members taught them how to pan for gold, when they met on May 4th, in Wabamun. Although it was still frosty out, all had a great time, and the Scouts enjoyed the event.





Meet the Members! Terry Beaton was born in Moose Jaw, SK. He has been married for forty-two years! He has two cats, Felix & Jingles. What is your favorite hobby? Wood Burning. What got you into prospecting? Always had an interest in gold. What is the coolest thing you have found? Bullets in Arizona! How long have you been involved with the AGPA, and at what capacity? For four years. I am the Webmaster. What is something that no one really knows about you, but that people who first meet you find interesting? I worked in Jamaica for 3 years, in my younger days, before I was married. What is a pet peeve of yours? Rain in January :( If you could go prospecting with anyone person in the world who would it be? My wife, she chases the bears away :) What is your favorite food? Kraft Dinner with hamburger. You’re given a return ticket/expenses paid, and your allowed to sluice/gold pan anywhere in the world…where are you going? Australia. At six years old, what did you want to be when you grew up? An RCMPofficer. Now, what do you want to be when you grow up? A gold prospector. If you’re to give advice about prospecting to a rookie, what would it be? Have fun, and keep your expectations reasonable. Who do you admire the most? My wife, Kathy, she is right 99% of the time; a walking encyclopedia.



ALBERTA GOLD PROSPECTORS ASSOCIATION Application—Change of Address—Renewals Please Print information & sign the Waiver __ 1 Year Single $20.00, Family $30.00 __2 Years Single $40.00, Family $60.00

Alberta Gold Prospectors Association waiver: Because prospecting can be dangerous, the Alberta Gold Prospectors Association (AGPA) requires you accept this waiver as part of the application & renewal and holds true until the signatory writes the Secretary or fails to renew after six (6) months from renewal date. All members and their friends on AGPA outings are at their own risk and will assume all risk of injury, damage and /or loss to those per-sons, their children and /or their property in any manner arising from the outing or related activity. (AGPA) of Red Deer, Alberta will be indemnified and saved and held forever harmless from any claim, attorney fees, legal fees, expenses, court costs, and /or causes of action which may arise directly or indirectly as a result of any such (AGPA) outing. Under-age applicant’s waiver must be signed by legal guardian. A signed waiver application will be acceptance of the waiver as read. Alberta Gold Prospectors Association Privacy Statement. The AGPA may use your personal information to help promote the club’s activities. This includes but is not limited to the use of your name and photographic image in the clubs printed and electronic communications, this includes a membership phone list which will be distributed among club members from time to time via newsletters. The AGPA will not distribute or sell your personal information to any party without written consent. Date ………………… Name …………………………………………………………… Address …………………………………………………………. Town/City ………………………………………………………. Postal code ……………………… Phone ………………………… E-mail address ………………………………(very important to have a current e-mail) Signature/s …………………………………………………………… Witness signature …………………………………………………… For Family memberships Please have each member sign on back Please make checks payable to :

Alberta Gold Prospectors Association Mail to:

Secretary/Treasurer PO Box 78034 383 Heritage Dr. SE Calgary, AB T2H2Y1

ALBERTA GOLD PROSPECTORS ASSOCIATION Application—Change of Address—Renewals Please Print information & sign the Waiver __ 1 Year Single $20.00, Family $30.00 __2 Years Single $40.00, Family $60.00

Alberta Gold Prospectors Association waiver: Because prospecting can be dangerous, the Alberta Gold Prospectors Association (AGPA) requires you accept this waiver as part of the application & renewal and holds true until the signatory writes the Secretary or fails to renew after six (6) months from renewal date. All members and their friends on AGPA outings are at their own risk and will assume all risk of injury, damage and /or loss to those persons, their children and /or their property in any manner arising from the out-ing or related activity. (AGPA) of Red Deer, Alberta will be indemnified and saved and held forever harmless from any claim, attorney fees, legal fees, expens-es, court costs, and /or causes of action which may arise directly or indirectly as a result of any such (AGPA) outing. Under-age applicant’s waiver must be signed by legal guardian. A signed waiver application will be acceptance of the waiver as read. Alberta Gold Prospectors Association Privacy Statement. The AGPA may use your personal information to help promote the club’s activities. This includes but is not limited to the use of your name and photographic image in the clubs printed and electronic communications, this includes a membership phone list which will be distributed among club members from time to time via newsletters. The AGPA will not distribute or sell your personal information to any party with-out written consent. Date ………………… Name …………………………………………………………… Address …………………………………………………………. Town/City ………………………………………………………. Postal code ……………………… Phone ………………………… E-mail address ………………………………(very important to have a current e-mail) Signature/s …………………………………………………………… Witness signature …………………………………………………… For Family memberships Please have each member sign on back Please make checks payable to :

Alberta Gold Prospectors Association Mail to:

Secretary/Treasurer PO Box 78034 383 Heritage Dr. SE Calgary, AB T2H2Y1

THE ALBERTA GOLD RUSH NEWS...SPOT PRICE OF GOLD! July 12th, 2019. Alberta Gold Prospectors Association Gold in the news! London's gold market is more liquid than bonds - ... Silver,

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