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Daily Dispatches
IMF's Lagarde tapped to head ECB as EU reaches deal on top jobs
Submitted by cpowell on Tue, 2019-07-02 21:59 Section: Daily DispatchesBy Alex Barker, Michael Peel, Jim Brunsden, and Mehreen Khan
Financial Times, London
Tuesday, July 2, 2019
European leaders have agreed a deal to fill the EU's most important jobs, backing Christine Lagarde to lead the European Central Bank and Ursula von der Leyen to be president of the European Commission.
Trump picks two Fed nominees likely to support lowering rates
Submitted by cpowell on Tue, 2019-07-02 21:49 Section: Daily DispatchesBy Josh Wingrove and Rich Miller
Bloomberg News
Tuesday, July 2, 2019
After a year-long assault on the Federal Reserve and its chairman, President Donald Trump has tapped two wildly different economists to the central bank's board who seemingly have one important thing in common.
They're both likely to support the president's call for lower interest rates.
Hugo Salinas Price: Monetary metals prices are suppressed by the international banking cabal
Submitted by cpowell on Mon, 2019-07-01 23:39 Section: Daily DispatchesBy Hugo Salinas Price
Plata.com.mx
Monday, July 1, 2019
Saudi buying of U.S. Treasuries has soared since Trump election
Submitted by cpowell on Sun, 2019-06-30 22:38 Section: Daily DispatchesBy Liz McCormick
Bloomberg News
Sunday, June 30, 2019
By now, President Donald Trump's bromance with Mohammed bin Salman of Saudi Arabia is well documented. The platitudes and chummy photo-ops. The billions of dollars in U.S. arms sales. And, of course, the willingness to brush aside evidence implicating the crown prince in the murder of journalist Jamal Khashoggi.
Steve Forbes urges Facebook to link its cryptocurrency to a fixed weight of gold
Submitted by cpowell on Sun, 2019-06-30 22:16 Section: Daily Dispatches10:15p ET Sunday, June 30, 2019
Dear Friend of GATA and Gold:
In an open letter gold advocate and Forbes magazine editor Steve Forbes this week urged Facebook's Mark Zuckerberg to make the social-media platform's planned cryptocurrency, the Libra, convertible to a fixed weight of gold.
Please join GATA from Nov. 1-4 at the New Orleans Investment Conference
Submitted by cpowell on Sun, 2019-06-30 21:49 Section: Daily Dispatches9:48p ET Sunday, June 30, 2019
Dear Friend of GATA and Gold:
With four months to go, it's time to start thinking about the biggest and most comprehensive financial conference in North America, the New Orleans Investment Conference, to be held Friday through Monday, November 1-4.
Only central banks could handle recent losses on gold futures sales, Turk says
Submitted by cpowell on Sun, 2019-06-30 15:39 Section: Daily Dispatches3:39p ET Sunday, June 30, 2019
Dear Friend of GATA and Gold:
At King World News this weekend, GoldMoney founder James Turk says only central banks could accommodate the sort of losses -- more than $2 billion -- suffered by gold futures sellers since April:
https://kingworldnews.com/central-banks-see-massive-2-2-billion-in-losse...
Dave Kranzler: Expect raid on gold next week
Submitted by cpowell on Sat, 2019-06-29 23:34 Section: Daily Dispatches11:35p ET Saturday, June 29, 2019
Dear Friend of GATA and Gold:
The week ahead probably will see attacks on the gold price by bullion banks because it includes the July 4 holiday in the United States and a financial crisis seems to be developing behind the scenes, Dave Kranzler of Investment Research Dynamics writes today.
Noah Smith: Zero interest rates forever may be only way to handle rising government debt
Submitted by cpowell on Sat, 2019-06-29 10:29 Section: Daily DispatchesU.S. Is Heading to a Future of Zero Interest Rates Forever
By Noah Smith
Bloomberg News
Thursday, June 27, 2019
Pam and Russ Martens: Should JPM have gotten a second chance at Fed's stress test?
Submitted by cpowell on Fri, 2019-06-28 16:54 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Friday, June 28, 2019
How many second chances should a criminal recidivist get?
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