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Daily Dispatches
Alasdair Macleod: How Ukraine fits into the global jigsaw
Submitted by admin on Thu, 2022-02-24 20:45 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, February 24, 2022
Ukraine is part of a far bigger geopolitical picture.
Russia and China want U.S. hegemonic influence in the Eurasian continent marginalized. Following defeats for U.S. foreign policy in Syria and Afghanistan and following Brexit, Russian President Vladimir Putin is driving a wedge between America and the non-Anglo-Saxon European Union.
Can gold market rigging get more obvious? Yes, and probably will tomorrow
Submitted by admin on Thu, 2022-02-24 12:03 Section: Daily Dispatches12:10p ET Thursday, February 24, 2022
Dear Friend of GATA and Gold:
Today's "market" action in gold and silver evokes for your secretary/treasurer, and maybe a few others, a GATA dispatch from 10 years ago. An excerpt from that dispatch is below.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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May 30, 2012
Backwardation in commodities jumps with tensions over Ukraine
Submitted by admin on Wed, 2022-02-23 21:20 Section: Daily DispatchesBy Michael Roschnotti and Gerson Freitas Jr.
Bloomberg News
Wednesday, February 23, 2022
Commodities are being priced near their highest premium on record to deliveries one year ahead, a measure known as backwardation that reflects how physical supplies of everything from oil to corn remain tight amid booming demand and rising geopolitical tensions.
With gold and silver strangely strong, The Calandra Report can help you profit
Submitted by admin on Wed, 2022-02-23 21:08 Section: Daily DispatchesAnd if you subscribe at a discount, you'll help GATA too.
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9:12p ET Wednesday, February 23, 2022
Dear Friend of GATA and Gold:
Stefan Gleason: A warning from Canada -- financial freedom is under attack
Submitted by admin on Tue, 2022-02-22 22:40 Section: Daily DispatchesBy Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Monday, February 21, 2022
As the world nervously awaits the next development in nuclear-armed Russia’s standoff with Ukraine, a different headline-grabbing standoff may be even more consequential for investors.
Canada's trucker-led Freedom Convoy has been protesting draconian government mandates and restrictions. In response, Canadian Prime Minister Justin Trudeau's government has decided to get even more draconian.
... Dispatch continues below ...
Craig Hemke at Sprott Money: Russia, Ukraine crisis, and de-dollarization
Submitted by admin on Tue, 2022-02-22 21:03 Section: Daily Dispatches9p ET Tuesday, February 22, 2022
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, notes that U.S. economic sanctions against Russia, including explusion of Russia from the SWIFT international payments system, are likely to accelerate the world economy's move away from the dollar.
Hemke's analysis is headlined "Russia, Ukraine Crisis, and De-Dollarization" and it's posted at Sprott Money here:
Ambrose Evans-Pritchard: Putin controls supply chain of Western tech, so who is bluffing?
Submitted by admin on Tue, 2022-02-22 11:52 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, February 22, 2022
The wishful thinking has begun. Core Europe is already persuading itself that Vladimir Putin will be sated with Donetsk and Luhansk, allowing European companies to keep selling Gucci bags and BMWs to Russia in exchange for commodities -- after a stern lecture on international law, of course.
The US, UK, and Poland have reached the opposite conclusion, strongly suspecting that the military occupation of the Donbas is the springboard for a full invasion of Ukraine.
Ron Paul: The Fed is the enemy of American workers
Submitted by admin on Mon, 2022-02-21 19:22 Section: Daily DispatchesBy Ron Paul
Ron Paul Institute for Peace and Prosperity, Clute, Texas
Monday, February 21, 2022
According to numbers released by the US government, consumer prices have increased by 7.5 percent in the past year, the steepest increase since 1982. The actual price increases are even worse than the government numbers suggest, given that the "official" statistics are manipulated to understate the real rate of price increases.
According to John Williams of ShadowStats, prices have actually increased by around 15 percent over the past year.
Gold has been held back mainly by futures market rigging, O'Byrne says
Submitted by admin on Sun, 2022-02-20 17:00 Section: Daily Dispatches5:41p ET Sunday, February 20, 2022
Dear Friend of GATA and Gold:
Interviewed last week by Tom Bodrovics for Palisades Gold Radio, Mark O'Byrne, formerly of GoldCore, more recently founder of the HealthWealthGold consultancy, says the main reason gold has not performed as well as expected is manipulation of its price in the futures market as GATA has documented.
The interview with O'Byrne is 38 minutes long is can be seen at YouTube here:
Another U.S. inflation gauge is heading even higher this week
Submitted by admin on Sun, 2022-02-20 11:54 Section: Daily DispatchesBy Vince Golle
Bloomberg News
Sunday, February 20, 2022
Federal Reserve Chair Jerome Powell and his colleagues in the coming week can expect to see their key inflation metric accelerate to a fresh four-decade high last seen when Paul Volcker led the U.S. central bank.
The personal consumption expenditures price index, which the Fed uses for its inflation target, probably jumped 6% in January from a year earlier, according to the median of a Bloomberg survey of economists. The core measure, which excludes food and fuel, is forecast to climb 5.2%.
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