You are here
Daily Dispatches
Morgan ready to pay $1 billion to shut down metals-rigging probes, Bloomberg says
Submitted by cpowell on Wed, 2020-09-23 15:23 Section: Daily DispatchesJPMorgan Is Set to Pay $1 Billion in Record Spoofing Penalty
By Benjamin Bain, Tom Schoenberg, and Matt Robinson
Bloomberg News
Wednesday, September 23, 2020
How much gold is left to mine in the world?
Submitted by cpowell on Wed, 2020-09-23 11:52 Section: Daily DispatchesBy Justin Harper
British Broadcasting Corp., London
Wednesday, September 23, 2020
Last month the price of gold hit a record high, pushing above $2,000 (£1,575) an ounce.
While this price rise was driven by gold traders, it begs the question about the supply of the precious metal, and when it will eventually run out.
Craig Hemke: Shades of 2019 in 2020
Submitted by cpowell on Wed, 2020-09-23 11:43 Section: Daily Dispatches11:40a ET Wednesday, September 23, 2020
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing at Sprott Money, says the price patterns for gold and silver this year are looking like those for last year, and renewal of the metals rally may be expected by November, coinciding with the U.S. presidential election.
... Dispatch continues below ...
Pam and Russ Martens: Corporate news organizations conceal crimes of Wall Street banks
Submitted by cpowell on Tue, 2020-09-22 11:31 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, September 22, 2020
Trump returns to idea of weakening the dollar
Submitted by cpowell on Mon, 2020-09-21 21:10 Section: Daily DispatchesTrump Says Aides Rejected His Request to Weaken Dollar
By Jeff Mason and Andrea Shalal
Reuters
Monday, September 21, 2020
DAYTON, Ohio -- President Donald Trump said today he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its yuan.
TV commentator Tucker Carlson joins GATA in New Orleans conference speaker lineup
Submitted by cpowell on Mon, 2020-09-21 20:50 Section: Daily Dispatches8:51p ET Monday, September 21, 2020
Dear Friend of GATA and Gold:
As you may recall, this year's New Orleans Investment Conference, to be held Wednesday to Saturday, October 14 to 17, will be a "virtual one," conducted entirely on the internet, so we'll miss the excitement of the great city.
Gold miners insist they won't splurge despite price surge
Submitted by cpowell on Mon, 2020-09-21 20:44 Section: Daily DispatchesBy Helen Reid and Jeff Lewis
Reuters
Monday, September 21, 2020
The world's top gold miners sought to reassure investors on Monday that they're not going on a spending spree despite surging gold prices boosting their shares and free cash flow.
International banks defy U.S. crackdowns by serving oligarchs, criminals, and terrorists
Submitted by cpowell on Mon, 2020-09-21 10:00 Section: Daily DispatchesFrom the International Consortium
of Investigative Journalists
Washington, D.C.
Sunday, September 20, 2020
Secret U.S. government documents reveal that JPMorgan Chase, HSBC, and other big banks have defied money-laundering crackdowns by moving staggering sums of illicit cash for shadowy characters and criminal networks that have spread chaos and undermined democracy around the world.
'Free money' for banks as investors pile into fractured gold market
Submitted by cpowell on Mon, 2020-09-21 09:54 Section: Daily DispatchesBy Peter Hobson
Reuters
Monday, September 21, 2020
LONDON -- Banks are making huge profits from gold as investors flood into a market fractured by the coronavirus crisis.
The world's largest 50 investment banks are on track to double their income from precious metals this year to around $2.5 billion, most of it from gold, Coalition, a banking consultancy, told Reuters.
Robert Kientz: Commodity markets look like a complete con game
Submitted by cpowell on Sun, 2020-09-20 21:50 Section: Daily Dispatches9:57p ET Sunday, September 20, 2020
Dear Friend of GATA and Gold:
Robert Kientz, proprietor of GoldSilverPros.com, last week gave a detailed, sober, pointed, and highly effective interview to Tom Bodrovics of Palisade Radio about the obfuscation the New York Commodities Exchange does about its gold and silver futures markets.
Pages
