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Daily Dispatches

British nurse with metal detector discovers tiny medieval gold Bible

Section: Daily Dispatches

By Bhvishya Patel
Daily Mail, London
Thursday, November 4, 2021

A metal detectorist has found a tiny gold Bible thought to have belonged to medieval royalty and is worth hundreds of thousands of pounds.

Buffy Bailey, an National Health Service nurse from Lancaster, was searching farmland near Sheriff Hutton Castle in North Yorkshire with her husband, Ian, when her detector picked up a strong signal close to a footpath.

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Silver joins the gold rush as Basel 3 rules approach, London metals trader Maguire says

Section: Daily Dispatches

8:24p ET Friday, November 5, 2021

Dear Friend of GATA and Gold:

The international gold rush is being moderated but not defeated by the Bank for International Settlements, London bullion trader Andrew Maguire says in his weekly interview with Shane Morand of Kinesis Money, and a rush into silver is also developing. Maguire expects "stairstep" price increases to appear as "Basel 3" rules near implementation in London.

Maguire's interview is 33 minutes long and can be seen at YouTube here:

Mystery of China's huge dollar surplus baffles markets

Section: Daily Dispatches

By Enda Curran 
Bloomberg News
Thursday, November 4, 2021

Unprecedented trade surpluses and record inflows into its bond market are giving China a stockpile of dollars unseen since the days when the "Asian savings glut" was blamed for keeping U.S. interest rates excessively low and fueling the sub-prime mortgage crisis.

Want to profit from mining shares and help GATA? Try The Calandra Report

Section: Daily Dispatches

9:27p ET Thursday, Noveber 4, 2021

Dear Friend of GATA and Gold:

Thom Calandra and his market letter, The Calandra Report, have been supporting GATA almost from our start 22 years ago. He is a writer and believer and investor in the monetary metals.

With metals prices showing signs of recovery amid the storm of inflation, Thom has revived his special offer to GATA supporters -- a discount on a year's subscription with half the $169 payment being donated to GATA, no strings attached.

Gold up over 1% as central banks hold off on interest rate hikes

Section: Daily Dispatches

By Bharat Gautam
Reuters
Thursday, November 4, 2021

Gold prices were poised today for their best day in three weeks as the U.S. Federal Reserve and the Bank of England indicated they were in no rush to raise interest rates.

Spot gold rose 1.3% to $1,791.71 per ounce by 01:38 p.m. ET after touching a three-week low in the prior session. U.S. gold futures for December delivery settled up 1.7% to $1,793.50 per ounce.

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Alasdair Macleod: Money, funny money, and crypto

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, November 11, 2021

That the post-industrial era of fiat currencies is coming to an end is becoming a real possibility. Major economies are now stalling while price inflation is just beginning to take off, following the excessive currency debasement in all major jurisdictions since the Lehman crisis and accelerated even further by covid.

Largest Anglo-Saxon gold coin hoard is found in England

Section: Daily Dispatches

From BBC News, London
Wednesday, November 3, 2021

The largest hoard of Anglo-Saxon gold coins to be found in England has been declared treasure at an inquest.

Four gold objects were discovered with 131 coins in a field in west Norfolk, most by the same anonymous metal detectorist who notified the appropriate authorities.

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Fed's digital dollar is 'scary' and means control over currency and economy, Brien Lundin says

Section: Daily Dispatches

From Kitco News, Montreal
Tuesday, November 2, 2021

The Federal Reserve's digital dollar is a "scary" concept because it is all about having direct control over currency and economy, said Brien Lundin, executive editor of the Gold Newsletter and the New Orleans Investment Conference host.

As the Federal Reserve prepares to launch a review of a possible central bank digital currency shortly, U.S. citizens need to be aware of all the negative consequences that could come from a FedCoin.

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Craig Hemke at Sprott Money: The Fed's QE taper schedule and Comex gold

Section: Daily Dispatches

10:50p ET Tuesday, November 2, 2021

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing today at Sprott Money, expects that bullion banks this week will create as many Comex futures contracts as necessary to keep the gold price down, no matter what the Federal Reserve does about "tapering" its bond purchases.

Hemke's analysis is headlined "The Fed's QE Taper Schedule and Comex Gold" and it's posted at Sprott Money here:

Bloomberg discovers that the Fed controls the Treasury bond market

Section: Daily Dispatches

A report similar to this one could be written about the gold market, whose rigging is part of the same policy as the rigging of the Treasury bond market -- the control of currency values and interest rates, a rigging just as obvious these days but not yet mentionable in polite company.

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One Trader Calls All the Shots in the Treasury Bond Market

By Liz McCormick and Ye Xie
Bloomberg News
Tuesday, November 2, 2021

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