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Daily Dispatches
Having left Kitco for Stansberry, Cambone can abide mention of gold market rigging
Submitted by admin on Sat, 2022-06-11 08:46 Section: Daily Dispatches8:56a ET Saturday, June 11, 2022
Dear Friend of GATA and Gold:
Daniela Cambone couldn't address gold market manipulation when she was doing interviews for Kitco News, and her successors there still can't, but this week, now that she is at Stansberry Research, she got around to it during an interview in Zurich with Commodity Discovery Fund manager and financial author Willem Middlekoop.
Grandich, Maguire salute GATA, see gold displacing dollar
Submitted by admin on Fri, 2022-06-10 21:48 Section: Daily Dispatches9:49p ET Friday, June 10, 2022
Dear Friend of GATA and Gold:
Financial analyst Peter Grandich is the guest of London metals trader Andrew Maguire on this week's "Live from the Vault" program from Kinesis Money, and they salute GATA's work exposing gold market manipulation.
Grandich believes that the U.S. government's weaponization of the dollar against Russia and other adversaries marks the beginning of the end of the dollar as the world reserve currency, leading to gold's ascent. Maguire envisions Russia and China increasingly monetizing gold.
When buying gold or silver, consider the dealers who support GATA
Submitted by admin on Fri, 2022-06-10 16:27 Section: Daily Dispatches4:22p Friday, June 10, 2022
Dear Friend of GATA and Gold:
Being the only forms of money without counterparty risk, at least when held directly by their owners, gold and silver are often seen as the foundation of a sound investment portfolio.
Alasdair Macleod: Protection from a currency collapse
Submitted by admin on Fri, 2022-06-10 16:17 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, June 10, 2022
While markets seem becalmed, financial conditions are rapidly deteriorating.
Last week Jamie Dimon of JPMorgan Chase gave the clearest of signals that bank credit is beginning to contract. Russia has consolidated its rouble, which has now become the strongest currency by far. The Fed announced the previous week that its balance sheet is in negative equity. And there's mounting evidence that we have a nascent crack-up boom.
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Ted Butler: Investors have eyes wide shut about silver
Submitted by admin on Thu, 2022-06-09 19:59 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Thursday, June 9, 2022
Paul Krugman, the economist whose work you either love or hate, had a compelling editorial this week in the New York Times titled, "From the Big Short to the Big Scam," in which he compared the real estate bubble of 2006 and subsequent crash to cryptocurrencies today.
Newmont sells 3,500 ounces of gold to Ghana's central bank under local purchasing plan
Submitted by admin on Wed, 2022-06-08 11:26 Section: Daily DispatchesBy Cooper Inveen and Sofia Christensen
Reuters
via Yahoo News, Sunnyvale, California
Tuesday, June 7, 2022
https://finance.yahoo.com/news/1-newmont-sells-3-500-181601073.html
ACCRA, Ghana -- Newmont Mining's Africa unit has sold 3,500 ounces of gold to the Bank of Ghana under a central bank domestic gold purchasing program launched in June 2021, the company said today.
Northwest Territorial Mint fraudsters get years in prison
Submitted by admin on Tue, 2022-06-07 21:43 Section: Daily Dispatches$30 Million in Missing Gold Bars, a Couple on the Lam from the FBI, and a Corgi Nicknamed Nugget: The Inside story of a Precious Metal Ponzi Scheme
By Lukas I. Alpert
MarketWatch, New York
Tuesday, June 7, 2022
A precious metals dealer who recently went on the lam after being convicted in a $30 million Ponzi scheme involving gold and silver bars has been sentenced to 11 years in federal prison.
Craig Hemke: When money dies all over again
Submitted by admin on Tue, 2022-06-07 14:00 Section: Daily Dispatches2p ET Tuesday, June 7, 2022
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing today at Sprott Money, excerpts some passages from Adam Fergusson's classic economic history of the 1920s, "When Money Dies" -- passages that seem to evoke our own era of infinite money creation.
Hemke's commentary is headlined "When Money Dies" and is posted at Sprott Money here:
https://www.sprottmoney.com/blog/When-Money-Dies-Craig-Hemke-June-07-2022
When buying gold or silver, consider the dealers who support GATA
Submitted by admin on Mon, 2022-06-06 17:08 Section: Daily Dispatches5:07p ET Monday, June 6, 2022
Dear Friend of GATA and Gold:
Being the only forms of money without counterparty risk, at least when held directly by their owners, gold and silver are often seen as the foundation of a sound investment portfolio.
India's May gold imports surge 677% to $5.83 billion
Submitted by admin on Mon, 2022-06-06 10:53 Section: Daily DispatchesFrom Reuters
via The Hindu, Chennai
Monday, June 6, 2022
India's gold imports in May jumped 677% from a year ago to the highest level in a year as a correction in prices just before a key festival and wedding season boosted retail jewellery purchases, a government source said today.
Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices, but the surge could increase India's trade deficit and put pressure on ailing rupee.
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