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Daily Dispatches
Kinross Gold pays first dividend in 7 years as metal rallies
Submitted by cpowell on Thu, 2020-09-17 21:30 Section: Daily DispatchesBy Steven Frank and Isis Almeida
Bloomberg News
Thursday, September 17, 2020
Canadian miner Kinross Gold Corp. is boosting output and paying its first dividend in seven years after gold prices surged to a record.
India's Hindu temples start using 'God's gold' to pay bills as pandemic cuts donations
Submitted by cpowell on Thu, 2020-09-17 21:22 Section: Daily DispatchesBy Swansy Afonso and PR Sanjai
Bloomberg News
Thursday, September 17, 2020
Alasdair Macleod: China is killing the dollar
Submitted by cpowell on Thu, 2020-09-17 21:03 Section: Daily Dispatches9p ET Thursday, September 17, 2020
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod writes today that China appears to be getting more aggressive about reducing its holdings of U.S. dollars and U.S. government bonds and increasing its stockpiling of commodities while the Federal Reserve moves toward infinite money creation.
Bullion Star's Ronan Manly covers gold rigging with GATA secretary
Submitted by cpowell on Thu, 2020-09-17 12:24 Section: Daily Dispatches12:24p ET Thursday, September 17, 2020
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly interviewed your secretary/treasurer a few days ago, the discussion covering, among other topics:
-- The extensive documentation of central bank rigging of the gold market.
-- The camouflage provided to this market rigging by the Bank for International Settlements.
Bank of England moves closer to negative interest rates
Submitted by cpowell on Thu, 2020-09-17 11:50 Section: Daily DispatchesBy Russell Lynch
The Telegraph, London
Thursday, September 17, 2020
The Bank of England today took another step towards controversial negative rates amid rising Covid infections and a looming unemployment crisis.
Deutsche Bank gold and silver spoofer tells jury his bosses showed him how
Submitted by cpowell on Thu, 2020-09-17 11:19 Section: Daily DispatchesBy Janan Hanna
Bloomberg News
Thursday, September 17, 2020
Former Deutsche Bank AG analyst David Liew told a Chicago jury he learned how to manipulate gold and silver prices from the two successful senior traders he admired and worked with for about three years.
'Rich Dad Radio Show' interviews GATA secretary on gold market rigging
Submitted by cpowell on Wed, 2020-09-16 21:13 Section: Daily Dispatches9:13p ET Wednesday, September 16, 2020
Dear Friend of GATA and Gold:
Robert and Kim Kiyosaki of "The Rich Dad Radio Show" recently interviewed your secretary/treasurer about the purposes and mechanisms of gold market manipulation by governments, particularly the U.S. government. The interview is a half hour long and can be viewed at YouTube here:
Gold mining profit margins are best ever now, Lassonde tells Kitco News
Submitted by cpowell on Wed, 2020-09-16 00:20 Section: Daily Dispatches12:20a ET Wednesday, September 16, 2020
Dear Friend of GATA and Gold:
Mining entrepreneur Pierre Lassonde, interviewed this week by David Lin of Kitco News, says gold mining profit margins are now the best they have ever been and likely will get better as the gold price increases and energy costs stay low.
New York Sun: Time for Trump to fight for Judy Shelton
Submitted by cpowell on Tue, 2020-09-15 19:53 Section: Daily DispatchesFrom The New York Sun
Tuesday, September 15, 2020
Sen. John Thune's comments today suggesting that Judy Shelton lacks in the Senate the votes to be confirmed as a governor of the Federal Reserve certainly strike us as important.
Judy Shelton is still short of Senate votes needed for Fed spot
Submitted by cpowell on Tue, 2020-09-15 18:30 Section: Daily DispatchesBy Laura Litvan
Bloomberg News
Tuesday, September 15, 2020
Judy Shelton, President Donald Trump's controversial nominee for the Federal Reserve board, doesn't yet have enough support in the Republican-controlled Senate to win confirmation, said South Dakota Sen. John Thune, the chamber's No. 2 Republican leader.
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