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Daily Dispatches
Top ECB official privately called investors, banks after key policy decisions
Submitted by cpowell on Tue, 2020-12-01 12:54 Section: Daily DispatchesBy Tom Fairless and Paul J. Davies
The Wall Street Journal
Tuesday, December 1, 2020
Hugo Salinas Price: No free market in gold, just constant government intervention
Submitted by cpowell on Tue, 2020-12-01 12:43 Section: Daily Dispatches12:40p ET Tuesday, December 1, 2020
Dear Friend of GATA and Gold:
Hugo Salinas Price of the Mexican Civic Association for Silver shows today how "not for profit" selling of gold in the futures market happens constantly and is meant to suppress the monetary metal's price and thereby defend government currencies.
If you love mining shares and GATA, subscribe to The Calandra Report
Submitted by cpowell on Tue, 2020-12-01 11:32 Section: Daily Dispatches11:34a ET Tuesday, December 1, 2020
Dear Friend of GATA and Gold:
With gold and silver due to rebound from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.
Pam and Russ Martens: ESF slush fund for market rigging has grown to $386 billion
Submitted by cpowell on Tue, 2020-12-01 11:26 Section: Daily Dispatches11:24a ET Tuesday, December 1, 2020
Dear Friend of GATA and Gold:
Wall Street on Parade's Pam and Russ Martens report today that the cash sitting in the U.S. Treasury Department's secretive Exchange Stabilization Fund for market intervention has grown to $386 billion.
Financial Times begins to notice that government inflation data misleads
Submitted by cpowell on Mon, 2020-11-30 08:49 Section: Daily DispatchesNegative Eurozone Inflation Rate Obscures Staple Goods' Rising Cost
By Valentina Romei
Financial Times, London
Monday, November 30, 2020
Dollar plumbs two-year low as Fed's December meeting comes into focus
Submitted by cpowell on Sun, 2020-11-29 20:31 Section: Daily DispatchesBy Tom Westbrook
Reuters
Sunday, November 29, 2020
SYDNEY -- The U.S. dollar fell to a more than two-year low on Monday and is set to log its largest monthly fall since July, as a combination of vaccine optimism and bets on more monetary easing in the United States drives investors out of the world's reserve currency.
Wall Street on Parade is back with report on diversion of 'stimulus' money to market-rigging ESF
Submitted by cpowell on Sun, 2020-11-29 17:14 Section: Daily Dispatches5:14p ET Sunday, November 29, 2020
Dear Friend of GATA and Gold:
Rally will petition Australian central bank to audit and repatriate gold reserves
Submitted by cpowell on Sun, 2020-11-29 11:11 Section: Daily Dispatches11:12a ET Sunday, November 29, 2020
Dear Friend of GATA and Gold:
Gold advocates will rally at noon Tuesday outside the headquarters of the Reserve Bank of Australia on Martin Place in Sydney to petition the bank to audit the country's gold reserves, to repatriate its gold reserves from the Bank of England, and to begin accumulating gold reserves.
If you love mining shares and GATA, subscribe to The Calandra Report
Submitted by cpowell on Sun, 2020-11-29 11:05 Section: Daily Dispatches11:07a ET Sunday, November 29, 2020
Dear Friend of GATA and Gold:
With gold and silver due to rebound from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.
U.S. sanctions control Hong Kong as mayor can't get bank account
Submitted by cpowell on Sun, 2020-11-29 10:40 Section: Daily DispatchesHong Kong's Leader Piles Up Cash at Home After U.S. Sanctions
From Reuters
Sunday, November 29, 2020
HONG KONG -- Hong Kong leader Carrie Lam says she has to pile up cash at home as she has been unable to open a bank account in the global financial centre since Washington sanctioned her shortly after Beijing imposed a national security law on the city.