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Daily Dispatches

Legislation would let Idaho state treasurer invest in gold, silver

Section: Daily Dispatches

By Keith Ridler
Associated Press
via The Island Packet, Bluffton, S.C.
Tuesday, February 9, 2021

BOISE, Idaho -- Legislation to allow the Idaho treasurer to invest in gold and silver that must be physically stored in Idaho headed to the full House on Tuesday.

Stefan Gleason: How precious metals generate positive real returns

Section: Daily Dispatches

By Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Monday, February 8, 2021

One of the most bullish backdrops for precious metals is an environment of negative real interest rates – that is, when bonds and cash yield less than the inflation rate.

Elko resists drive by Nevada's sinking gambling industry to raise mining taxes

Section: Daily Dispatches

Life in a Gold-Mining Town

By Sofia Jeremias
Deseret News, Salt Lake City
Monday, February 8, 2021

ELKO, Nevada -- In late January, snow dusts the open land as the backs of cattle grazing peek out of the scrubland that surrounds the section of Interstate 80 crossing Nevada.

Ted Butler: The cat's out of the bag

Section: Daily Dispatches

By Ted Butler
Butler Research, Jupiter, Florida
Monday, February 8, 2021

In the latest Commitment of Traders report, the issue I have nearly beaten to death for decades -- the concentrated short position in Comex silver futures -- took center stage to a degree that had me check and recheck the data.

Central banks still can't afford to be too candid about gold price suppression

Section: Daily Dispatches

6:23p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Dave Kranzler: Silver, SLV, and shell games

Section: Daily Dispatches

5:33p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Reflecting on the reports in the last 24 hours from Chris Marcus of Arcadia Economics and Ronan Manly of Bullion Star about silver and its exchange-traded funds, Dave Kranzler of Investment Research Dynamics gets the impression that both the main gold and silver exchanged-traded funds are essentially shell games.

Telsa buys $1.5 billion in bitcoin and wants to buy gold too

Section: Daily Dispatches

'Elon Musk's Tesla Buys $1.5 Billion of Bitcoin Causing Currency to Spike

From BBC News, London
Monday, February 8, 2021

Elon Musk's car firm Tesla has said it bought about $1.5 billion (L 1.1billion) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in the future.

The news caused the price of Bitcoin to jump 17% to $44,220, a record high.

Ronan Manly: Not much silver left in London to fulfill new net purchases

Section: Daily Dispatches

12:50p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Bullion Star researcher Ronan Manly today examines the 14 major silver-backed exchange-traded funds and concludes that they claim most of the metal reported to be vaulted in London and that little metal, about 3,000 tonnes, remains available for new net purchases.

... Dispatch continues below ...


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