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Daily Dispatches

Alasdair Macleod: Living with contracting bank credit

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, August 25, 2022

In this article we look at the consequences of contracting bank credit on the economy, financial markets, and commodities. It is a developing global condition.

Why is bank credit on the verge of a substantial contraction? 

Ted Butler: Why silver went down when it should have gone up

Section: Daily Dispatches

By Ted Butler
Butler Research, Jupiter, Florida
via SilverSeek.com

https://www.butlerresearch.com/

Two weeks ago it looked to me like silver was about to take off, following months of sharp price declines, yet we experienced the worst selloff in a couple of years.

Ambrose Evans-Pritchard: Fed wants to crush stock markets, so ignore it at your peril

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, August 24, 2022

Beware the wrath of the U.S. Federal Reserve at this week's conclave of central bankers in Jackson Hole, Wyoming. The Fed is determined to break Wall Street's torrid and unwelcome rally, a bear-trap variant if ever there was one.

Ghana lets Chinese gold mining company murder local residents, steal from adjacent mine

Section: Daily Dispatches

Blood Gold: In Africa's Gold Country an Australian Firm
Is Embroiled in a Bitter and Deadly $395 Million Dispute

By Eryk Bagshaw and Edward Adeti
Sydney Morning Herald
Thursday, August 25, 2022

The tunnel runs 150 metres underground. Inside, Australian mining manager Andrew Head is trudging through mud and muck. He only has a headlight to guide him as the temperature in this dark pit in western Africa hits 45 degrees.

Loan company plans big business monetizing gold in India

Section: Daily Dispatches

Capri Loans Plans to Open 1,500 Gold Loan Branches Over 5 Years

By Teena Jain Kaushal
Business Today, Noida, India
Tuesday, August 23, 2022

Capri Loans, a non-banking financial company forcused on micro, small, and medium-sized enterprise credit and housing finance, plans to open 1,500 gold loan branches over the next five years in Tier 3 and 4 cities to target the unorganised sector. 

It aims to build a gold loan book size of R8,000 crore given the rise in credit needs among people.

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Please join GATA at the New Orleans Investment Conference in October

Section: Daily Dispatches

By Brien Lundin
Editor, Gold Newsletter
CEO, New Orleans Investment Conference
Wednesday, July 20, 2022

https://goldnewsletter.com/

As a serious investor, you’re well aware of the unique challenges presented by today’s markets.

-- Central banks -- led by the Federal Reserve -- intent to fight off rising inflation with rate hikes.

--  The markets responding with massive selloffs, sending a clear message to the Fed to lay off.

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Ted Butler: Why I own SLV despite its fraud and crooks

Section: Daily Dispatches

3:14p ET Friday, August 19, 2022

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler's new commentary, "The Short Position in SLV," explains why, while the huge short position in the big exchange-traded fund cheats its investors (something about which he has complained again to the U.S. Securities and Exchange Commission), and while the custodian of the fund's metal, JPMorganChase, is a bunch of crooks, he still considers the fund well worth investing in, as he has done.

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Alasdair Macleod: The world is splitting in two and Putin has the winning hand

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, August 18, 2022

While we are being distracted by Ukraine, President Putin has advanced his geopolitical goals materially. Aided and abetted by President Xi, Putin is taking the Asian continent into his control. That mission is well on its way to being achieved. He now awaits the winter months to finally force the EU to reject America's hegemony. Only then, will the western end of the Eurasian continent be truly free of American interference.

Ronan Manly: Will LBMA expel JPMorganChase because of Nowak's conviction?

Section: Daily Dispatches

8:45p ET Thursday, August 18, 2022

Dear Friend of GATA and Gold:

Despite the market-rigging conviction of the chief of its monetary metals trading desk, Michael Nowak, JPMorganChase is still at the center of the world gold business generally and the London Bullion Market Association particularly, Bullion Star's gold researcher, Ronan Manly, writes today.

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Alasdair Macleod: The world is splitting in two, and Putin has the winning hand

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, August 18, 2022

While we are being distracted by Ukraine, President Putin has advanced his geopolitical goals materially. Aided and abetted by President Xi, Putin is taking the Asian continent into his control. That mission is well on its way to being achieved. He now awaits the winter months to finally force the EU to reject America's hegemony. Only then, will the western end of the Eurasian continent be truly free of American interference.

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