You are here
Daily Dispatches
No, the world isn't rushing into gold (yet), Metalla Royalty's E.B. Tucker tells Kitco News
Submitted by cpowell on Sat, 2020-08-08 13:56 Section: Daily Dispatches1:55p ET Saturday, August 8, 2020
Dear Friend of GATA and Gold:
Ted Butler: Watch out when investment demand collides with industrial demand for silver
Submitted by cpowell on Sat, 2020-08-08 13:08 Section: Daily Dispatches1:08p ET Saturday, August 8, 2020
Dear Friend of GATA and Gold:
Silver market analyst and manipulation whistleblower Ted Butler writes that the metal's vast industrial applications and myriad users will make it impossible for its price to be suppressed forever. Indeed, Butler writes, if industrial demand ever collides with new investment demand, a buying panic could result.
Butler, Macleod, and GATA lauded by Eric Sprott in weekly review with Craig Hemke
Submitted by cpowell on Fri, 2020-08-07 16:11 Section: Daily Dispatches4:08p ET Friday, August 7, 2020
Dear Friend of GATA and Gold:
In his weekly review with the TF Metals Report's Craig Hemke at Sprott Money, mining entrepreneur Eric Sprott marvels at the recent explosion in gold and silver prices. He says that last week for the first time in history the bullion banks were covering their short positions in monetary metals futures contracts.
Hong Kong's wealthy move gold out of city on security law fears
Submitted by cpowell on Fri, 2020-08-07 15:10 Section: Daily DispatchesBy Primrose Riordan
Financial Times, London
Friday, August 7, 2020
Hong Kong's wealthy are moving increasing amounts of their gold out of the financial hub after Beijing imposed a new national security law on the city last month, dealers in the precious metal say.
Pam and Russ Martens: Fed chairman handles government and personal business with BlackRock
Submitted by cpowell on Fri, 2020-08-07 14:59 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Friday, August 7, 2020
Earlier this year Wall Street On Parade reported that the chairman of the Federal Reserve, Jerome Powell, had an upward range of $11.6 million invested with the investment management firm BlackRock and its iShares Exchange Traded Funds, according to Powell's 2019 financial disclosure form.
Record bullion prices give South African gold miners a lifeline while risks remain
Submitted by cpowell on Fri, 2020-08-07 14:52 Section: Daily DispatchesBy Tanisha Heiberg and Promit Mukherjee
Reuters
Friday, August 7, 2020
JOHANNESBURG -- South African gold miners are looking to cut debt and boost dividends as bullion hits record highs, with analysts and fund managers predicting a sectoral growth spurt over the next two years amid rising investor interest.
Jan Nieuwenhuijs: U.S. dollar devalues by 99% vs. gold in 100 years
Submitted by cpowell on Fri, 2020-08-07 14:38 Section: Daily DispatchesBy Jan Nieuwenhuijs
Voima Gold, Helsinki
Thursday, August 6, 2020
A world reserve currency is supposed to be superior in storing value, but through boundless money printing the U.S. dollar hasn't been able to compete with gold by a long shot. In 1932 the gold price was $20.67 dollars per troy ounce. Today it crossed $2,067 dollars.
Alasdair Macleod: Passing $2,000 is no big deal for gold as it heads to infinity
Submitted by cpowell on Thu, 2020-08-06 17:29 Section: Daily Dispatches5:29p ET Thursday, August 6, 2020
Dear Friend of GATA and Gold:
In Arcadia Economics interview, Maguire elaborates on expectation of metals price 'reset'
Submitted by cpowell on Thu, 2020-08-06 14:11 Section: Daily Dispatches2:10p ET Thursday, August 6, 2020
Dear Friend of GATA and Gold:
Pam and Russ Martens: Sri Lanka is top user of Fed emergency lending program
Submitted by cpowell on Thu, 2020-08-06 12:58 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, August 6, 2020
At Fed Chairman Jerome Powell's press conference on July 29, he persisted in his explanation that all the Fed's bailout programs are really about helping the American people get back on their feet. Here's one more, among a growing mountain, of reasons to question that.