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Daily Dispatches
Negative bond yields spill into Europe's emerging markets
Submitted by cpowell on Thu, 2019-07-11 10:36 Section: Daily DispatchesBy Tommy Stubbington
Financial Times, London
Thursday, July 11, 2019
In the bizarro world of global debt, even bonds from Europe's emerging markets are spewing out negative yields.
Member of Parliament urges investigation of gold-market manipulation in UK
Submitted by cpowell on Thu, 2019-07-11 00:44 Section: Daily Dispatches12:49a ET Thursday, July 11, 2019
Dear Friend of GATA and Gold:
Citing a confession to gold market manipulation in the United States, a member of Parliament this week urged the British government to investigate possible manipulation of the gold market in London.
Ed Steer: A pretty ugly CoT report in gold
Submitted by cpowell on Wed, 2019-07-10 22:00 Section: Daily Dispatches10p ET Wednesday, July 10, 2019
Dear Friend of GATA and Gold:
GATA board member Ed Steer's Gold & Silver Digest letter for Tuesday, headlined "A Pretty Ugly CoT Report in Gold," is posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1562770795.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Hugo Salinas Price: Bitcoin is just a big distraction from gold
Submitted by cpowell on Wed, 2019-07-10 21:53 Section: Daily Dispatches9:54p ET Wednesday, July 10, 2019
Dear Friend of GATA and Gold:
Bitcoin, Hugo Salinas Price of the Mexican Civic Association for Silver writes today, protects the U.S. dollar by diverting investment from gold. The cryptocurrency, Salinas Price argues, is a big distraction. His commentary is headlined "About Bitcoin" and it's posted at the association's internet site, Plata.com.mx, here:
Fed's Powell explains why gold standard would be damaging to economy
Submitted by cpowell on Wed, 2019-07-10 13:40 Section: Daily DispatchesBy Thomas Franck
CNBC, New York
Wednesday, July 10, 2019
Federal Reserve Chairman Jerome Powell today told Congress he doesn't think a return to the gold standard in the U.S. would be a good idea.
Trump asks aides to find ways of weakening the dollar
Submitted by cpowell on Wed, 2019-07-10 12:25 Section: Daily DispatchesAll the president needs to do is compel the Treasury Department and Federal Reserve to answer U.S. Rep. Alex Mooney's questions from last year --
-- and compel the Commodity Futures Trading Commission to answer GATA's questions from last year:
* * *
With Wall Street's secret shackles gone, Dimon prowls for deals
Submitted by cpowell on Wed, 2019-07-10 12:15 Section: Daily DispatchesWith Wall Street's Secret Shackles Gone, Dimon Prowls for Deals
By Michelle Davis
Bloomberg News
Wednesday, July 10, 2019
For Jamie Dimon, the lone crisis-era CEO left on Wall Street, the move hardly looked like the deal of the decade.
Torgny Persson: Gold smuggling in India and Japan is a symptom of their war against the monetary metal
Submitted by cpowell on Wed, 2019-07-10 11:25 Section: Daily Dispatches11:20a ET Wednesday, July 10, 2019
Dear Friend of GATA and Gold:
Torgny Persson, CEO of Bullion Star in Singapore, today reviews the war against gold long waged by India and Japan, most recently through increases in import taxes and prosecution of smuggling.
Craig Hemke: CFTC data warning signs
Submitted by cpowell on Wed, 2019-07-10 11:04 Section: Daily Dispatches11a ET Wednesday, July 10, 2019
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing at Sprott Money, shows today that the positioning of bullion banks and speculative traders in the gold market could hardly be more negative for the monetary metal.
Governments 'aggresssively manipulating' all financial assets, Swiss Asia Capital's Kiener tells Bloomberg
Submitted by cpowell on Tue, 2019-07-09 10:27 Section: Daily Dispatches10:27a ET Tuesday, July 9, 2019
Dear Friend of GATA and Gold:
Bloomberg television last week let Swiss Asia Capital Managing Director Juerg Kiener mention market manipulation in the same breath with gold.