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Daily Dispatches

Another money-back offer from the New Orleans Investment Conference

Section: Daily Dispatches

By Brien Lundin, CEO
New Orleans Investment Conference
Thursday, August 26, 2021
 
We have important developments regarding this year’s New Orleans Investment Conference, to be held Tuesday-Friday, October 19-22.

If you're like many people during these crazy times, you may be considering skipping this year’s New Orleans Conference. And I’m afraid that might be a grave mistake -- especially in light of the most recent data we’re getting on Covid infections.

Alasdair Macleod: Eurozone finances have deteriorated

Section: Daily Dispatches

By Alasdair Macleod
Head of Research
GoldMoney, Toronto
Thursday, August 26, 2021

Despite negative interest rates and money printing by the European Central Bank, which conveniently allowed all Eurozone member governments to fund themselves, having gone nowhere Eurozone nominal GDP is even lower than it was before the Lehman crisis.

Then there is the question of bad debts, which have been mostly shovelled into the TARGET2 settlement system. Otherwise we would have seen some substantial bank failures by now.

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Inflation-wary Germans are loading up on gold

Section: Daily Dispatches

By Eddie Spence
Bloomberg News
Thursday, August 26, 2021

Many gold investors might be fretting over the prospect of the Federal Reserve curbing monetary stimulus, but Germans are still loading up.

Demand for physical bullion in Germany, traditionally the biggest coin and bar buyer in Europe, was the highest since at least 2009 in the first half of 2021, World Gold Council data show. 

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Hugo Salinas Price: 'Extraordinary Popular Delusions and the Madness of Crowds'

Section: Daily Dispatches

By Hugo Salinas Price
Mexican Civic Association for Silver
Tuesday, August 24, 2021

Such is the title of an immortal work by Charles Mackay, published 180 years ago -- 1841 -- in London.

We are in 2021 and the world is subject to a new "madness of crowds." The present "popular delusion" of our world, in this 21st century, is -- without doubt -- its fascination with Bitcoin and its fellow "cryptocurrencies."

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Craig Hemke at Sprott Money: Ahead of the Jackson Holedown

Section: Daily Dispatches

11:18p ET Tuesday, August 24, 2021

Dear Friend of GATA and Gold:

Gold's price prospects for the rest of the year, the TF Metals Report's Craig Hemke writes today at Sprott Money, likely depend on how Federal Reserve Chairman Jerome Powell postures Friday at the Jackson Hole conference about whether the Fed will begin to reduce its monthly bond purchases.

Hemke's commentary is headlined "Ahead of the Jackson Holedown" and it's posted at Sprott Money here:

Gold has defeated the latest attack, Turk tells KWN

Section: Daily Dispatches

4p ET Monday, August 23, 2021

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk tells King World News today that the recent "paper" attack on gold has failed, gold's price is rising again, and money creation and inflation will support it.

Turk's comments are headlined "Takedown Fails as Gold Snaps Back above $1,800 and Mining Stocks Soar 5%" and it's posted at KWN here:

The great New Orleans conference returns, and with a money-back guarantee

Section: Daily Dispatches

By Brien Lundin
Publisher, Gold Newsletter
CEO, New Orleans Investment Conference
Monday, August 23, 2021

This year’s New Orleans Investment Conference is coming up -- Tuesday through Friday, October 19-22 -- and you’ll kick yourself if you miss it.

Why? Because this is without a doubt the most valuable, important, rewarding -- and eagerly awaited --event in many years.

It will be the first big in-person event of its kind post-pandemic --a "welcome home" for hundreds of today's smartest and most active investors.

Pam and Russ Martens: 3 Fed bailout programs for Wall Street vanish from monthly reports to Congress

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Monday, August 23, 2021

Federal Reserve Chairman Jerome Powell and Fed Vice Chairman for Supervision Randal Quarles would desperately like to make three of the Fed's emergency bailout programs to Wall Street disappear from further scrutiny by Congress or the American people. 

Resource-rich nations, the dumb slobs, think miners cheat them more than U.S. Fed and Treasury do

Section: Daily Dispatches

Resource Nationalism Sweeps Latin America's Top Mining Countries

By Cecilia Jamasmie
Mining.com, Vancouver, British Columbia, Canada
Thursday, August 19, 2021

A move toward resource expropriation, tax and royalty increases, as well as demands for local participation in companies' ownership, all resource nationalism components, continues to increase, with Latin America taking centre stage, a new study shows.

U.S. military is leaving Afghanistan but the dollar still runs the country

Section: Daily Dispatches

The Taliban Got Rid of the U.S., But Not the Dollar

By Daniel Moss
Bloomberg News, New York
via The Washington Post
Friday, August 20, 2021

The Taliban may have swept Afghanistan, but they haven't yet conquered its financial system, big parts of which rest on support from outside the country. The United States  has a heavy hand in the multilateral organizations that dictate the flow of international aid upon which this shaky economy relies. Americans may be evacuating, but the dollar's influence will remain. 

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