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Daily Dispatches
Ronan Manly: Gold price smash in paper but physical demand is on fire
Submitted by admin on Tue, 2021-08-10 11:05 Section: Daily Dispatches11:03a ET Tuesday, August 10, 2021
Dear Friend of GATA and Gold:
Bullion Star's Ronan Manly today details Sunday night's attack on gold futues prices, an intervention to create panic in the gold market and mislead other markets around the world.
Kitco smells the elephant in the room but Bloomberg just covers up again
Submitted by admin on Mon, 2021-08-09 11:04 Section: Daily Dispatches11a ET Monday, August 9, 2021
Dear Friend of GATA and Gold:
Congratulations to Kitco News market analyst Jim Wyckoff for tiptoeing up to the gold market manipulation issue in his commentary this morning:
How will financial journalism and market analysts rationalize tonight's gold smash?
Submitted by admin on Sun, 2021-08-08 21:49 Section: Daily Dispatches9:53p ET Sunday, August 8, 2021
Dear Friend of GATA and Gold:
How will financial news organizations and gold and silver market analysts explain tonight's smashing of monetary metals prices in the futures market?
Australia-based gold conference Aug. 19 is free via internet
Submitted by admin on Sun, 2021-08-08 17:31 Section: Daily Dispatches5:30p ET Sunday, August 8, 2021
Dear Friend of GATA and Gold:
Australia's Gold Events group, founded by Kerry Stevenson, will hold a live and free conference via internet on Thursday, August 19 (Australian time), a day earlier in North America, whose keynote speakers will be renowned mining sector investor Rick Rule and Silver-Investor.com's David Morgan. Many monetary metals mining company executives will make presentations as well.
For more information and to register, please visit:
John Mueller: Time to reverse the dollar's reserve-currency curse
Submitted by admin on Fri, 2021-08-06 00:13 Section: Daily DispatchesBy John Mueller
The New York Sun
Thursday, August 5, 2021
Journalism thrives on simple narratives and round numbers. So I must note that what President Nixon ended 50 years ago was not the international gold standard, which persisted despite interruptions for more than two millennia to 1914, but its complicated parody: the gold-exchange standard, established 99, not 50, years ago by a 1922 agreement at Genoa.
Alasdair Macleod: The extinction of gold derivatives
Submitted by admin on Thu, 2021-08-05 23:01 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, August 5, 2021
This month is the 50th anniversary of the "Nixon shock," when the Bretton Woods agreement was suspended, and the expansion of commercial banking into credit for purely financial activities became central to the promotion of the dollar as the international replacement for gold.
Ex-Merrill Lynch gold, silver traders guilty in spoofing trial
Submitted by admin on Thu, 2021-08-05 12:49 Section: Daily DispatchesBy Bre Bradham and Janan Hanna
Bloomberg News
Wednesday, August 4, 2021
Prosecutors scored another win in the U.S. crackdown on market "spoofing" when two former traders at Bank of America Corp.’s Merrill Lynch unit were convicted on fraud charges for manipulating precious-metals futures.
Robert Lambourne: BIS gold swaps fall in June by 46 tonnes to 471 tonnes
Submitted by admin on Wed, 2021-08-04 15:48 Section: Daily DispatchesBy Robert Lambourne
Wednesday, August 4, 2021
The recently released June statement of account of the Bank for International Settlements --
https://www.bis.org/banking/balsheet/statofacc210630.pdf
-- contains information that suggests a decrease of about 46 tonnes in the bank’s gold swaps to 471 tonnes. This compares to the record high estimated at 552 tonnes as of February 25 this year.
The great New Orleans conference returns, and with a money-back guarantee
Submitted by admin on Wed, 2021-08-04 14:21 Section: Daily DispatchesBy Brien Lundin
Publisher, Gold Newsletter
CEO, New Orleans Investment Conference
Wednesday, August 4, 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.
Ronan Manly: Brazil's central bank imposes secrecy on gold purchases, swaps
Submitted by admin on Tue, 2021-08-03 15:15 Section: Daily Dispatches3:10p ET Tuesday, August 3, 2021
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly today investigates the Brazilian central bank's purported recent purchase of 53 1/2 tonnes of gold and discovers that the bank refuses to answer any questions about it, like where the metal was purchased and where it is being vaulted.
... Dispatch continues below ...
Good Mining Exploration Resumes Search
for Gold at Golden Target Project in Ontario
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