Daily Dispatches

Zero Hedge: Helicopter money is here -- how the Fed monetized billions in debt sold just days earlier

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8:20p ET Thursday, January 2, 2019

Dear Friend of GATA and Gold:

Zero Hedge shows tonight how the Federal Reserve is quickly monetizing debt recently issued by the Treasury Department, purchasing it from the Fed's primary dealers just days after they purchased it, paying the primary dealers a service fee to boot.

... Dispatch continues below ...


Pam and Russ Martens: Why does only Wall Street have access to the Fed's money machine?

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By Pam and Russ Martens
Wall Street on Parade
Thursday, January 2, 2020

Consumers represent two-thirds of gross domestic product in the United States. And yet when consumers run into trouble, they don't get a handout from the Federal Reserve -- they are forced to file bankruptcy. There are no Fed handouts to small business owners, farmers, or Main Street merchants either.

China's cut of dollar weighting in key index will boost global fortunes of yuan, economists say

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By Orange Wang
South China Morning Post
Thursday, January 2, 2020

China's decision to cut the weighting of the US dollar in a basket of foreign currencies used to determine the strength of the yuan will help Beijing's long-term efforts to weaken the international dominance of the American currency, economists said.

Fundraising campaign captures matching contribution and GATA presses on

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1p ET Wednesday, January 1, 2019

Dear Friend of GATA and Gold:

Thanks to more than a hundred people, GATA has met the fundraising challenge set for us a month ago by Stefan Gleason of Money Metals Exchange when he pledged a $5,000 contribution if we could match it with contributions from our supporters.

Gold back above $1,520, gains as much as 18% for 2019

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From Investing.com, Nicosia, Cyprus
Tuesday, December 31, 2019

Gold capped out an unusually strong finish to 2019 despite the absence of more U.S. interest rate cuts. The yellow metal hit more than three-month highs today and finished the year with double-digit gains as investors sought the safe haven as a hedge to the U.S.-China trade war and other global troubles.

U.S. Funds CEO Holmes touts interview with GATA secretary

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6:28p ET Tuesday, December 31, 2019

Dear Friend of GATA and Gold:

Dave Kranzler: Money printing and physical demand will drive gold higher

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By Dave Kranzler
Investment Research Dynamics, Denver
Monday, December 30, 2019

Craig Hemke: Into year-end with gold and silver

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1:55p ET Monday, December 30, 2019

Dear Friend of GATA and Gold:

Only two days left to win wine and help GATA capture a matching grant

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11:36a ET Monday, December 30, 2019

Dear Friend of GATA and Gold:

Can the chance of winning a great prize induce you to support a great cause?

Two thoughtful friends of GATA -- one a leading bullion U.S. dealer, the other a well-regarded U.S. winery -- have joined forces to bring our supporters a juicy year-end offer:

With a higher, free-market price for gold, there will be money for mining remediation

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In Indonesia, Outlaw Gold Miners Poison Themselves to Survive

By Richard C. Paddock
The New York Times
Monday, December 30, 2019

TALIWANG, Indonesia -- The wildcat miner had something to prove: processing gold ore with liquid mercury was perfectly safe. So he drank some of the toxic chemical, choosing the promises of gold fever over the pain of mercury poisoning.

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