The Australian gold rush that never ended

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By Geoff Hiscock
Nikkei Asian Review, Tokyo
Wednesday, September 2, 2020

Pam and Russ Martens: Wall Street's felon banks open their own stock exchange this month

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By Pam and Russ Martens
Wall Street on Parade
Wednesday, September 2, 2020

Members Exchange, a new stock exchange, has announced that it will begin live trading of select stocks on September 21 with a full phase-in on September 29.

Bank of England official says gold price 'tells you precisely nothing'

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But doesn't it at least reveal that gold is more in demand than the British pound or Deutschebank shares?

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Gold Is a Terrible Predictor of Inflation, Bank of England's Vlieghe Says

By Lucy Meakin
Bloomberg News
Wednesday, September 2, 2020

Bank of England policy maker Gertjan Vlieghe warned that it's a "terrible idea" to look at gold prices as a predictor of inflation.

Stefan Gleason: Pension funds start looking to gold to avert disaster

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By Stefan Gleason
Money Metals News Service, Eagle, Idaho
Tuesday, September 1, 2020

Public and private pension plans face a dual crisis.

The first and most obvious threat to pensioners is that defined-benefit vehicles are severely underfunded. By one estimate, pension systems taken as a whole are $638 billion in the red.

... Dispatch continues below ...


Craig Hemke at Sprott Money: Comex (ab)use of gold EFPs has collapsed

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8:40p ET Tuesday, September 1, 2020

Dear Friend of GATA and Gold:

Use of the strange "exchange for physicals" mechanism to settle gold futures contracts on the New York Commodities Exchange has diminished dramatically this year, the TF Metals Report's Craig Hemke writes today at Sprott Money.

Barrick reports court loss as battle continues over Papua New Guinea gold mine

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From the Canadian Press
via Toronto Star
Tuesday, September 1, 2020

TORONTO -- Barrick Gold Corp. says it has suffered further setbacks in its fight with the national government over control of its Porgera Gold Mine in Papua New Guinea.

Bank of England to publish gold holdings data with one-month lag, not three

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By Andy Bruce
Reuters
Tuesday, September 1, 2020

https://www.reuters.com/article/britain-boe-gold/bank-of-england-to-publ...

LONDON -- The Bank of England said today it will publish data on gold holdings with a one-month lag to improve transparency.

Gold refining veteran dares to say it: 'GATA has it right'

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12:21p ET Monday, August 31, 2020

Dear Friend of GATA and Gold:

Interviewed today by a consulting company in Singapore, a guy who has spent more than 30 years in the gold refining industry made an encouraging comment about GATA while admitting that it wouldn't do him any good.

Gold fund manager Ned Naylor-Leyland interviewed by Bullion Star's Ronan Manly

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11:45a ET Monday, August 31, 2020

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly last week interviewed gold fund manager Ned Naylor-Leyland, discussing prospects for the monetary metals and the possibility of structural changes in the world financial system. The interview is 40 minutes long and can be seen at YouTube here:

Pam and Russ Martens: How is stock market rising as investors stampede out?

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By Pam and Russ Martens
Wall Street on Parade
Monday, August 31, 2020

The S&P 500 stock index set a new record high on Friday, closing at 3508.01 – the first time it has ever closed above 3500. In fact, the S&P 500 set a record high close every single day last week. ...