Daily Dispatches

Note toward the end of this report the assertion that Australia's leased gold never leaves the Bank of England's vault. That makes the leasing a mere accounting entry and suggests that infinite amounts of imaginary gold can be leased without any consequence but the suppression of gold's price in the futures and derivatives markets. Since the Bank of England is the custodian for most of the gold purportedly leased, the bank is running a racket -- but one that mainstream financial news organizations (and of course the World Gold Council) must never look into.

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By Avery Goodman
Seeking Alpha, New York
Monday, April 4, 2022

The alternate financial “news,” such as Zerohedge, has recently been flooded with an increasing number of ridiculous articles that claim Russia has “profoundly altered the international trade and monetary system by linking the Russian ruble to gold.” 

According to this muddy thinking, Russia’s announcement that it will buy gold at 5000 rubles per gram puts “a floor under the price of gold and the ruble.” 

Simply put, it is a ridiculous claim that is easily refuted.

By Fang Block
Penta / Barron's, New York
Monday, April 4, 2022

A 1795 silver dollar is expected to set an all-time record for the category when it goes up for sale on Tuesday with an estimated value of $1.25 million.

The rare coin will be offered at a live auction at the Whitman Coin and Collectibles Expo in Baltimore, marking its first appearance on the market since 1996, according to Stack's Bowers Galleries, which is handling the sale.

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In a Six-Day Span in March 2020, the Dow Crashed 5,676 Points; the Fed Responded with Almost $1 Trillion in Repo Loans to 24 Trading Houses

By Pam and Russ Martens
Wall Street on Parade
Monday, April 4, 2022

The Federal Reserve, the central bank of the United States, has a "dual mandate" to target inflation and to maintain "maximum sustainable employment."