Nick Barisheff: Nothing wrong with a portfolio that is entirely bullion

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9p ET Sunday, August 24, 2020

Dear Friend of GATA and Gold:

In his new essay, the CEO of bullion fund manager BMG Group, Nick Barisheff, recounts his long struggle with not only the Ontario Securities Commission but also financial advisers and gold and silver mining companies to gain support for his company's gold and silver bullion funds.

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Bloomberg notes but fails to question gold and silver ETF vaulting issues

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Gold Fever in 2020 Means Exchange-Traded Funds

By Jack Farchy and Eddie Spence
Bloomberg News
Sunday, August 23, 2020

In the 19th century California gold rush, the surest way to a fortune, according to Mark Twain, was to be in the “pick and shovel business.”

If 2020 gold fever has an equivalent, it's the ETF business.

Trump set to block controversial Alaska gold mine, Politico says

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By Zack Colman and Alex Guillen
Politico, Arlington, Virgnia
Saturday, August 22, 2020

The Trump administration is planning to block the proposed Pebble Mine in Alaska early next week, six people familiar with the plans told Politico, marking a surprise reversal that could be the death knell for the massive copper and gold project.

Michael P. Regan: A love letter to the Fed from the adoring stock market

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By Michael P. Regan
Bloomberg Businessweek, New York
Friday, August 21, 2020

Dear Fed,

Hey there! It's me, the stock market. I know it's weird to write you like this, but I felt like I needed to drop a quick thank-you note for everything you've done for me this year.

Sprott 'disgusted' with market-rigging Scotiabank and 'loser' CFTC

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10:06p ET Friday, August 21, 2020

Dear Friend of GATA and Gold:

Mining entrepreneur Eric Sprott, in his weekly market review with Craig Hemke for Sprott Money, says he is "disgusted" with Scotiabank on account of the bank's being heavily fined this week for rigging the gold and silver markets.

John Kim: When will the prosecution of JPMorganChase spoofer John Edmonds ever get somewhere?

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8p ET Friday, August 21, 2020

Dear Friend of GATA and Gold:

New Orleans Investment Conference goes 'virtual' but stays intimate

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12:21p ET Friday, August 21, 2020

Dear Friend of GATA and Gold:

Former Fed staffers urge Senate to reject Shelton nomination

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If Shelton is such a threat to the financial establishment, this may be the strongest reason yet for the Senate to confirm her.

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By Jonnelle Marte
Reuters
Thursday, August 20, 2020

Colombia sold two-thirds of its gold in June just before a record high

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Another rich country insisting on being poor helps those central banks that are trying to keep the gold price down.

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By Oscar Medina
Bloomberg News
Thursday, August 20, 2020

Colombia sold two-thirds of its gold reserves in a single month just as investors seeking havens against global turmoil were about to drive the metal to a record high.

Two giant gold nuggets worth US$250,000 found in Australia

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By Jack Guy
Cable News Network, Atlanta
Thursday, August 20, 2020

Gold diggers in southern Australia have found two huge nuggets worth A$350,000 (US$250,000) in historic goldfields.