Daily Dispatches

USAGold: Since 2015 year-end gold selloffs have led to new-year rallies

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1p ET Tuesday, December 1, 2020

Dear Friend of GATA and Gold:

USAGold's "News & Views" letter for December, edited as always by Mike Kosares, may be most interesting for noting that since 2015 year-end selloffs in gold have turned into rallies in the new year. December's "News & Views" is posted in the clear here:

https://www.usagold.com/nv1025december2020/

Top ECB official privately called investors, banks after key policy decisions

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By Tom Fairless and Paul J. Davies
The Wall Street Journal
Tuesday, December 1, 2020

Hugo Salinas Price: No free market in gold, just constant government intervention

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12:40p ET Tuesday, December 1, 2020

Dear Friend of GATA and Gold:

Hugo Salinas Price of the Mexican Civic Association for Silver shows today how "not for profit" selling of gold in the futures market happens constantly and is meant to suppress the monetary metal's price and thereby defend government currencies.

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11:34a ET Tuesday, December 1, 2020

Dear Friend of GATA and Gold:

With gold and silver due to rebound from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.

Pam and Russ Martens: ESF slush fund for market rigging has grown to $386 billion

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11:24a ET Tuesday, December 1, 2020

Dear Friend of GATA and Gold:

Wall Street on Parade's Pam and Russ Martens report today that the cash sitting in the U.S. Treasury Department's secretive Exchange Stabilization Fund for market intervention has grown to $386 billion.

Financial Times begins to notice that government inflation data misleads

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Negative Eurozone Inflation Rate Obscures Staple Goods' Rising Cost

By Valentina Romei
Financial Times, London
Monday, November 30, 2020

Dollar plumbs two-year low as Fed's December meeting comes into focus

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By Tom Westbrook
Reuters
Sunday, November 29, 2020

SYDNEY -- The U.S. dollar fell to a more than two-year low on Monday and is set to log its largest monthly fall since July, as a combination of vaccine optimism and bets on more monetary easing in the United States drives investors out of the world's reserve currency.

Wall Street on Parade is back with report on diversion of 'stimulus' money to market-rigging ESF

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5:14p ET Sunday, November 29, 2020

Dear Friend of GATA and Gold:

Rally will petition Australian central bank to audit and repatriate gold reserves

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11:12a ET Sunday, November 29, 2020

Dear Friend of GATA and Gold:

Gold advocates will rally at noon Tuesday outside the headquarters of the Reserve Bank of Australia on Martin Place in Sydney to petition the bank to audit the country's gold reserves, to repatriate its gold reserves from the Bank of England, and to begin accumulating gold reserves.

If you love mining shares and GATA, subscribe to The Calandra Report

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11:07a ET Sunday, November 29, 2020

Dear Friend of GATA and Gold:

With gold and silver due to rebound from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.

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