You are here
Daily Dispatches
New Orleans is back to normal so join GATA there next month
Submitted by admin on Fri, 2021-09-24 11:08 Section: Daily DispatchesBy Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference
Friday, September 24, 2021
With this year's New Orleans Investment Conference just around the corner -- Tuesday through Friday, October 19-22 -- the timing couldn't be better for a metals rally.
If you're a serious investor, you need to attend this blockbuster, in-person event.
Matthew Piepenburg: Why is gold not rising?
Submitted by admin on Fri, 2021-09-24 11:00 Section: Daily DispatchesBy Matthew Piepenburg
Matterhorn Asset Management, Zurich
Friday, September 24, 2021
Many are asking why gold is not rising, as just about every other commodity makes new highs in the backdrop of inflationary tailwinds.
That's a very fair question.
Some are even saying gold is dead, a silly and "barbarous" old relic of ancient times, ancient math, and ancient common sense.
... Dispatch continues below ...
... ADVERTISEMENT ...
China smashes cryptos as governments strive to control digital currencies
Submitted by admin on Fri, 2021-09-24 10:42 Section: Daily Dispatches10:41a ET Friday, September 24, 2021
Dear Friend of GATA and Gold:
With China proclaiming all cryptocurrency business illegal and the leading cryptos plunging in price as a result --
https://www.cnbc.com/2021/09/24/bitcoin-ethereum-sink-as-china-intensifies-crypto-crackdown.html
JPMorgan agrees to pay $15.7 million to settle spoofing lawsuit
Submitted by admin on Thu, 2021-09-23 19:32 Section: Daily DispatchesBy Chris Prentice and Jonathan Stempel
Reuters
Thursday, September 23, 2021
WASHINGTON -- JPMorgan Chase & Co. agreed to pay $15.7 million in cash to settle a class-action lawsuit by investors who accused the largest U.S. bank of intentionally manipulating prices of U.S. Treasury futures and options.
The settlement disclosed late Wednesday night stemmed from sprawling U.S. government investigations into illegal trading in futures and precious metals markets, known as spoofing.
... Dispatch continues below ...
Fed changed nothing but gold was smashed anyway -- Any questions?
Submitted by admin on Thu, 2021-09-23 14:00 Section: Daily Dispatches2p ET Thursday, September 23, 2021
Dear Friend of GATA and Gold:
The U.S. dollar index, our friend Dave Kranzler of Investment Research Dynamics writes today, "is back to where it was right before Federal Reserve Chairman Jerome Powell's press conference yesterday. When Powell said 'maybe in November we'll have a taper schedule,' the dollar shot up and paper gold was slammed. With the dollar back down to its pre-presser level today, gold is still down $36."
Alasdair Macleod: The great game moves on
Submitted by admin on Thu, 2021-09-23 13:13 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, September 23, 2021
Following America's withdrawal from Afghanistan, her focus has switched to the Pacific with the establishment of a joint Australian and UK naval partnership.
New Orleans is back to normal so join GATA there next month
Submitted by admin on Thu, 2021-09-23 13:01 Section: Daily DispatchesBy Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference
Thursday, September 23, 2021
With this year's New Orleans Investment Conference just around the corner -- Tuesday through Friday, October 19-22 -- the timing couldn't be better for a metals rally.
If you're a serious investor, you need to attend this blockbuster, in-person event.
Why does the Fed treat JPMorganChase so leniently despite all its felonies?
Submitted by admin on Thu, 2021-09-23 12:57 Section: Daily Dispatches12:55p ET Thursday, September 23, 2021
Dear Friend of GATA and Gold:
In their Wall Street on Parade column today, the tireless Pam and Russ Martens wonder why the U.S. Federal Reserve is being rather tough on Wells Fargo Bank while letting JPMorganChase & Co. run wild, even as Wells Fargo has not been charged with any felonies while JPMorganChase has confessed to five federal felonies in recent years. including charges of manipulating the monetary metals and Treasury bond markets.
... Dispatch continues below ...
JP Cortez: Are America's money masters engaged in self-dealing?
Submitted by admin on Tue, 2021-09-21 15:07 Section: Daily DispatchesBy JP Cortez
Money Metals Exchange, Eagle, Idaho
Tuesday, September 21, 2021
America's central bankers are tasked with impartial oversight over aspects of the American economy. But could these individuals be making decisions on interest rates and bailout operations based on what is best for their own personal investment portfolios?
Craig Hemke: An ode to Meat Loaf (and the Fed)
Submitted by admin on Tue, 2021-09-21 14:51 Section: Daily Dispatches2:45p ET Tuesday, September 21, 2021
Dear Friend of GATA and Gold:
Gold's short-term direction, the TF Metals Report's Craig Hemke writes today, depends on what the Federal Reserve says tomorrow about "tapering" its bond purchases. Hemke argues that the Fed can't get out of the bond market without launching interest rates and government debt payments, so he expects more temporizing.
Hemke's analysis is headlined "An Ode to Meat Loaf" and it's posted at Sprott Money here:
Pages
