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Daily Dispatches

Irish central banker warns bitcoin investors they could lose it all

Section: Daily Dispatches

He says central banks want to protect them.

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By Peter Flanagan and Francine Lacqua
Bloomberg News
Friday, January 29, 2021

Bitcoin investors need to be prepared to "lose all their money," European Central Bank governing council member Gabriel Makhlouf said today, the latest warning from a central banker on the cryptocurrency.

JPMorgan helpfully lists 45 other shares vulnerable to Shortbusters

Section: Daily Dispatches

'GameStop Effect' Could Ripple Further as Wall Street Eyes Short Squeeze Candidates

By April Joyner and Saqib Iqbal Ahmed
Reuters
Thursday, January 28, 2021

Yellen faces 'currency war' redux as she ditches a strong dollar

Section: Daily Dispatches

By Saleha Mohsin and Liz McCormick
Bloomberg News
Thursday, January 28, 2021

Treasury Secretary Janet Yellen faces one more headache on an agenda packed with everything from Covid-19 relief to addressing inequality and overhauling tax policy: tensions over foreign-exchange intervention.

Eric King: If only the Reddit crowd would buy real silver, not paper

Section: Daily Dispatches

4:32p ET Thursday, January 28, 2021

Dear Friend of GATA and Gold (and Silver):

In an interview today with Chris Ritchie, CEO of SilverCrest Metals, Eric King of King World News notes that if the Reddit boys and girls who see opportunity in silver bought the metal itself instead of the silver exchange-traded fund SLV, they might make a big difference.

Pam and Russ Martens: Big banks' 'dark pools' are preparing to liquidate small investors

Section: Daily Dispatches

GameStop Shares: Dark Pools Owned by Goldman Sachs, JPMorgan, UBS, et al. Have Made Tens of Thousands of Trades

By Pam and Russ Martens
Wall Street on Parade
Thursday, January 28, 2021

Brokers start to restrict trading where shorts are under attack

Section: Daily Dispatches

By Bailey Lipschultz and Divya Balji
Bloomberg News
Thursday, January 28, 2021

GameStop Corp. plunged today, triggering more than a dozen volatility halts amid trading restrictions on platforms such as Robinhood Markets and Interactive Brokers Group Inc.

German inflation roars back in January to 11-month high

Section: Daily Dispatches

From Reuters
Thursday, January 28, 2021

BERLIN -- German annual consumer prices turned positive and rose by far more than expected in January, the Federal Statistics Office said today, attributing a rise in sales tax and the minimum wage as factors behind the increase.

First Majestic gets break in opening round of Mexico tax case

Section: Daily Dispatches

By Michael O'Boyle
Bloomberg News
via Yahoo News
Wednesday, January 27, 2021

First Majestic Silver Corp. won a reprieve on criminal tax fraud charges in initial Mexican court hearings for a case that will test the strength of the country's crackdown on tax evasion, according to people familiar with the matter.

Venezuelan banks issuing debit cards for dollar-denominated accounts, sources tell Reuters

Section: Daily Dispatches

By Corina Pons and Mayela Armas
Reuters
Wednesday, January 27, 2021

CARACAS, Venezuela -- A group of Venezuelan banks has started issuing debit cards to clients who have accounts in hard currency, a move quietly backed by authorities who want to extend the use of dollars in routine transactions, sources familiar with the measure said.

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