You are here
Daily Dispatches
Gold ETFs rely on metal borrowed from central banks, von Greyerz tells KWN
Submitted by cpowell on Mon, 2020-11-16 10:46 Section: Daily Dispatches10:50a ET Monday, November 16, 2020
Dear Friend of GATA and Gold:
Echoing suspicion raised by Bullion Star researcher Ronan Manly, Swiss gold fund manager Egon von Greyerz tells King World News that gold exchange-traded funds may not have much gold that isn't borrowed from central banks.
Jim Rickards: The bogus case against gold
Submitted by cpowell on Sat, 2020-11-14 11:20 Section: Daily DispatchesBy James Rickards
The Daily Reckoning, Baltimore, Maryland
Thursday, November 12, 2020
Gold is in the early stages of its third great bull run that will take it to record heights.
The first two great bull markets were 1971-1980 (gold up 2,200%) and 1999-2011 (gold up 760%). After peaking in 2011, gold fell sharply from that peak to below $1,100 per ounce by 2015.
Half-ounce U.S. gold commemorative coin quickly sells out at $1,335
Submitted by cpowell on Fri, 2020-11-13 19:40 Section: Daily DispatchesWorld War II Gold Coin, Silver Medal Devoured in Nov. 9 Sales
By Paul Gilkes
Coin World, Sidney, Ohio
Friday, November 13, 2020
Zimbabweans mend shabby dollar notes amid economic crash
Submitted by cpowell on Fri, 2020-11-13 19:24 Section: Daily DispatchesBy Farai Mutsaka
Associated Press
via Washington Post
Friday, November 13, 2020
HARARE, Zimbabwe -- Albert Marombe takes a grimy, tattered $1 note and delicately, expertly glues it back into one piece, holding it up for inspection.
Alasdair Macleod: Bullion banks' new push against gold is likely to fail just as last one did
Submitted by cpowell on Fri, 2020-11-13 15:53 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Friday, November 13, 2020
Gold and silver prices were smashed last Monday, when it was announced that Pfizer had produced a drug that was 90% successful in treating covid-19.
Alasdair Macleod: The monetary logic for gold and silver
Submitted by cpowell on Thu, 2020-11-12 20:52 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, November 12, 2020
A considered reflection of current events leads to only one conclusion, and that is accelerating inflation of the dollar’s money supply is firmly on the path to destroying the dollar’s purchasing power -- completely.
Senate prepares to vote on Trump Fed board nominee Judy Shelton
Submitted by cpowell on Thu, 2020-11-12 20:06 Section: Daily DispatchesBy James Politi
Financial Times, London
Thursday, November 12, 2020
WASHINGTON -- The U.S. Senate is preparing to vote as early as next week to confirm Judy Shelton, Donald Trump's nominee to the Federal Reserve board and a fierce critic of the U.S. central bank.
GATA Chairman Murphy interviewed by Ken Ameduri for Crush the Street
Submitted by cpowell on Thu, 2020-11-12 10:51 Section: Daily Dispatches10:54a ET Thursday, November 12, 2020
Dear Friend of GATA and Gold:
Ken Ameduri of Crush the Street yesterday interviewed GATA Chairman Bill Murphy about the latest desperate efforts of governments, central banks, and investment banks to push monetary metals prices down. The interview is 14 minutes long and can be viewed at YouTube here:
Gold market authority threatens to blacklist UAE and other bullion centers
Submitted by cpowell on Thu, 2020-11-12 10:42 Section: Daily DispatchesBy Peter Hobson
Reuters
Thursday, November 12, 2020
LONDON -- The world's most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory standards, a letter seen by Reuters showed.
Pam and Russ Martens: JPMorgan negotiating another penalty with U.S. government
Submitted by cpowell on Tue, 2020-11-10 11:50 Section: Daily DispatchesJPMorgan Chase Is Under a New Federal Investigation, One Month After Getting Slapped with Its 4th and 5th Criminal Felony Counts
By Pam and Russ Martens
Wall Street on Parade
Tuesday, November 10, 2020