Daily Dispatches

Obscure Chinese company buys vast stock of metals U.S. labels 'critical' to industry

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By Mark Burton and Jack Farchy
Bloomberg News
Thursday, January 23, 2020

A little-known Chinese company has bought up a vast stockpile of metals that are indispensable to the electronics industry, including enough indium to satisfy six years of global demand of the material found in flat-screen televisions and cellphones the world over.

Barrick Gold's 'long safari' ends with Tanzania deal

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By Fumbuka Ng'wanakilala
Reuters
Friday, January 24, 2020

DAR ES SALAAM, Tanzania -- Canada's Barrick Gold Corp. today signed a deal with Tanzania in which the government will take stakes in three gold mines, ending a long-running tax dispute and setting a template for negotiations with other firms.

Pam and Russ Martens: Alumni of the 'vampire squid' control two Fed banks, U.S. Treasury, ECB, and Bank of England

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By Pam and Russ Martens
Wall Street on Parade
Thursday, January 23, 2020

Why not call the BIS before contriving explanations for gold's direction?

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9:50p ET Wednesday, January 22, 2020

Dear Friend of GATA and Gold:

Practially every day prompts those who consider themselves market analysts to contrive explanations for movements in the gold price, no matter how implausible.

Zaner Metals in Chicago attributed today's slight decline in the gold price to concerns about the new virus that has appeared in China:

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New book, 'Rigged,' credits GATA as it explains currency market manipulation

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11:13a ET Wednesday, January 22, 2020

Dear Friend of GATA and Gold:

Our friend the veteran journalist, editor, and writer Stuart Englert has just published a book about the manipulation of the monetary metals markets -- "Rigged: Exposing the Largest Financial Fraud in History" -- in which he extensively credits GATA's work.

Jan Nieuwenhuijs: GLD -- a crash course

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10:30a ET Wednesday, January 22, 2020

Dear Friend of GATA and Gold:

Explaining today the mechanics of the exchange-traded gold fund GLD, Voima Gold researcher Jan Nieuwenhuijs writes that the fund is full of counterparty risk, the avoidance of which is a primary reason for owning gold.

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Craig Hemke at Sprott Money: The magic palladium bullet in 2020

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3:29p ET Tuesday, January 21, 2020

Dear Friend of GATA and Gold:

Pam and Russ Martens: Wall Street is a fraud-monetization system with a money-printing unit called the NY Fed

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By Pam and Russ Martens
Wall Street on Parade
Tuesday, January 21, 2020

Sen. Bernie Sanders has come closer than anyone on the presidential campaign trail in defining what Wall Street actually does. Sanders has repeatedly stated at his rallies that "the business model of Wall Street is fraud."

China's gold consumption falls on high prices, economic slowdown

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If you believe that China scrupulously reports all gold it acquires.

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By Tom Daly
Reuters
Tuesday, January 21, 2020

Pam and Russ Martens: Here's why the New York Fed doesn't want you to see its Wall Street-esque trading floor

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By Pam and Russ Martens
Wall Street on Parade
Monday, January 20, 2020

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