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Daily Dispatches

Pam and Russ Martens: Market plunge sheds harsh light on big banks and their derivatives counterparties

Section: Daily Dispatches

By Pam and Russ Marens
Wall Street on Parade
Thursday, August 15, 2019

As we've previously reported, five mega-banks on Wall Street hold the fate of the entire financial system of the United States in their crony, frequently soiled hands. Yesterday's trading action clearly showed the ugly warts between those banks and their derivative counterparties in the insurance industry.

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Section: Daily Dispatches

9:56a ET Thursday, August 15, 2019

Dear Friend of GATA and Gold:

Now that the monetary metals seem to be breaking out of their central bank chains, companies that produce gold, silver, and other strategic resources are starting to draw investment again.

This year more than ever, gold and silver investors should be in New Orleans

Section: Daily Dispatches

9:52a ET Thursday, August 15, 2019

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and your secretary/treasurer again will be speaking at the New Orleans Investment Conference this year, and in the letter below the conference's organizer, Gold Newsletter Editor Brien Lundin, explains why you should join us there.

Murphy, Rule, Hemke, and Morgan interviewed by Phil Kennedy

Section: Daily Dispatches

3:39p ET Wednesday, August 14, 2019

Dear Friend of GATA and Gold:

China curbs gold imports as trade war heats up, sources tell Reuters

Section: Daily Dispatches

From Reuters
Wednesday, August 14, 2019

China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows.

... Dispatch continues below ...



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U.S. Treasury bond curve inverts for first time since 2007 in recession warning

Section: Daily Dispatches

From Reuters
Wednesday, August 14, 2019

LONDON -- The U.S. Treasury bond yield curve inverted on Wednesday for the first time since 2007, in a sign of investor concern that the world’s biggest economy could be heading for recession.

Greenspan sees no barriers to negative yields on Treasuries

Section: Daily Dispatches

By Liz McCormick
Bloomberg News
Tuesday, August 13, 2019

Former Federal Reserve Chairman Alan Greenspan says he wouldn't be surprised if U.S. bond yields turn negative. And if they do, it's not that big of a deal.

Craig Hemke at Sprott Money: The yield 'curve' knows

Section: Daily Dispatches

9:19p ET Tuesday, August 13, 2019

Dear Friend of GATA and Gold:

Dave Kranzler: The remarkable resiliency of gold and silver

Section: Daily Dispatches

2p ET Tuesday, August 13, 2019

Dear Friend of GATA and Gold:

Gold and silver are showing remarkable resiliency against the usual attacks in the futures markets by governments, central banks, and bullion banks, Dave Kranzler of Investment Research Dynamics writes today.

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