New Orleans 2019

India's central bank suckers 15 tonnes of gold, 19,985 to go


Reserve Bank of India Makes It Easier to Deposit Gold Under Monetization Scheme

From The Times of India, Mumbai
Saturday, August 17, 2019

MUMBAI, India -- In a move to revive the flagging Gold Monetisation Scheme 2015, the Reserve Bank of India has made it easier for depositors to hand over their holdings of the precious metal.

Fearful Argentines pull dollars from banks after election shock


By Ignacio Olivera Doll
Bloomberg News
Friday, Augustd 16, 2019

Argentines have been withdrawing dollars from banks and keeping them at home since President Mauricio Macri's defeat in a key primary election sent the peso tumbling.

Pam and Russ Martens: Rivals prop up Citi because if it goes down, they all do


Should This Be Illegal -- Banks Recommending a Stock to the Public, then Secretly Trading It in Their Own Dark Pool?

By Pam and Russ Martens
Wall Street on Parade
Friday, August 16, 2019

Trump called bank CEOs to hear how good everything is


Trump Held Conference Call with Big Bank CEOs Amid Market Turmoil, Source Tells Reuters

By Steve Holland and Pete Schroeder
Friday, August 16, 2019

WASHINGTON -- President Donald Trump held a conference call on Wednesday with the chief executives of the three largest Wall Street banks as financial markets were in turmoil, one source with direct knowledge of the matter said today.

Pam and Russ Martens: Market plunge sheds harsh light on big banks and their derivatives counterparties


By Pam and Russ Marens
Wall Street on Parade
Thursday, August 15, 2019

As we've previously reported, five mega-banks on Wall Street hold the fate of the entire financial system of the United States in their crony, frequently soiled hands. Yesterday's trading action clearly showed the ugly warts between those banks and their derivative counterparties in the insurance industry.

Help GATA by subscribing to The Calandra Report


9:56a ET Thursday, August 15, 2019

Dear Friend of GATA and Gold:

Now that the monetary metals seem to be breaking out of their central bank chains, companies that produce gold, silver, and other strategic resources are starting to draw investment again.