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Daily Dispatches
Turk tells KWN about gold's durability and his new book, 'Money and Liberty'
Submitted by admin on Wed, 2021-12-01 23:34 Section: Daily Dispatches11:34p ET Wednesday, December 1, 2021
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk, interviewed this week by King World News, notes gold's durability as an inflation hedge as shown by the steadiness of the metal's relationship to the price of oil, the most important commodity.
Turk also discusses his new book, "Money and Liberty" --
U.S. Treasury refuses to answer many questions about disposition of its own gold
Submitted by admin on Wed, 2021-12-01 11:24 Section: Daily Dispatches11:31a ET Wednesday, December 1, 2021
Dear Friend of GATA and Gold:
Recent correspondence between U.S. Rep. Alex X. Mooney, R-West Virginia, and the U.S. Treasury Department suggests that the department has given the Federal Reserve and International Monetary Fund unfettered control of a substantial portion of U.S. gold reserves.
In a letter to Treasury Secretary Janet Yellen on June 9 this year --
https://gata.org/sites/default/files/Mooney-To-Treasury-06-09-2021.pdf
Irish central bank makes first reserve gold purchases since 2009
Submitted by admin on Wed, 2021-12-01 10:16 Section: Daily DispatchesBy Lorcan Roche Kelly
Bloomberg News
Wednesday, December 1, 2021
https://www.bloomberg.com/news/articles/2021-12-01/irish-central-bank-ma...
The Irish central bank has been adding to its gold reserves as inflation in the euro area runs far ahead of the European Central Bank target.
USAGold's December letter: The masters of the universe and gold
Submitted by admin on Tue, 2021-11-30 14:21 Section: Daily Dispatches2:22p ET Tuesday, November 30, 2021
Dear Friend of GATA and Gold:
USAGold's "News & Views" letter for December examines how the U.S. Treasury bond market is now almost entirely a creature of the Federal reserve, which has been monetizing most of the federal government debt undertaken in the last decade.
Gold, the letter suggests, quoting market analyst Charlie Morris, is a sort of bond itself, and a much more attractive one because:
-- It is a zero-coupon because it pays no interest.
-- It has a long duration because it lasts forever.
Matthew Piepenburg: From gold manipulation to Washington's latest lies, absolute distortion continues
Submitted by admin on Tue, 2021-11-30 13:46 Section: Daily DispatchesBy Matthew Piepenburg
Matterhown Asset Management, Zurich
Tuesday, November 30, 2021
... No discourse on faking it, lying, or market distortion would be complete without a quick look at the latest artificial boot to the neck of rising gold prices.
As you've likely noticed, manipulated gold lost more than $45 in price last week. What you might not have noticed is why.
... Dispatch continues below ...
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Rare silver coin minted in colonial New England sells for $350,000
Submitted by admin on Sat, 2021-11-27 15:11 Section: Daily DispatchesFrom The Associated Press
via Yahoo News, Sunnyvale, California
Friday, November 26, 2021
BOSTON -- One of the first coins minted in colonial New England, which was recently found among other coins in a candy tin, has sold at auction for more than $350,000, more than it was expected to get, the auctioneer said today.
... Dispatch continues below ...
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You can still review the New Orleans conference while helping GATA
Submitted by admin on Sat, 2021-11-27 15:09 Section: Daily Dispatches3:08p ET Saturday, November 27, 2021
Dear Friend of GATA and Gold:
Last month's New Orleans Investment Conference was a great one, and doubly so for GATA, since the presentation by fund manager Lawrence Lepard praised the organization and was especially well-received:
But there were many other great presentations, including those by former U.S. Rep. Ron Paul, author and fund manager Jim Rickards, and financial analysts Grant Williams, Doug Casey, and Rick Rule.
Bullion Star's Ronan Manly: Singapore quietly adds 26 tonnes to its gold reserves
Submitted by admin on Sat, 2021-11-27 15:02 Section: Daily DispatchesBy Ronan Manly
Bullion Star, Singapore
Saturday, November 27, 2021
It has just come to light that Singapore's central bank, the Monetary Authority of Singapore, added 26.35 tonnes of gold to its official monetary gold reserves over a 2-month period between May and June this year, in the process boosting its strategic gold holdings by 20% to a claimed 153.76 tonnes.
China's October net gold imports via Hong Kong hit 3-year high
Submitted by admin on Fri, 2021-11-26 11:22 Section: Daily DispatchesBy Bharat Gautam
Reuters
via Nasdaq.com, New York
Thursday, November 25, 2021
China's net gold imports via Hong Kong jumped 56% in October from the previous month to the highest since June 2018, as buyers in the top consumer stocked up on the metal as a cushion against rising inflation.
Net imports stood at 54.26 tonnes in October compared with 34.79 tonnes in September, Hong Kong Census and Statistics Department data showed Thursday.
... Dispatch continues below ...
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Alasdair Macleod: The euro's death wish
Submitted by admin on Thu, 2021-11-25 11:40 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, November 25, 2021
Last week's Goldmoney article explained the Fed's increasing commitment to dollar hyperinflation. This week's article examines the additional issues facing the euro and the Eurozone.
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