Daily Dispatches
Strangle high-frequency trading with a small financial transactions tax
Submitted by cpowell on Mon, 2019-09-16 15:15. Section: Daily DispatchesThis proposal aims at "stock market trades" but should cover futures market trading too.
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From Public Citizen, Washington
Monday, September 16, 2019
WASHINGTON -- Most middle- and low-income families would pay little or nothing if Congress were to levy a 0.1% tax on stock market trades, according to a report Public Citizen issued today:
JPMorgan fined for lax disclosure of misconduct allegations over six years
Submitted by cpowell on Mon, 2019-09-16 14:38. Section: Daily DispatchesFrom Reuters
Monday, September 16, 2019
https://www.reuters.com/article/us-jp-morgan-finra/jpmorgan-is-fined-for...
Interviewed in Australia, Jim Rickards covers next financial crisis and its 'Aftermath'
Submitted by cpowell on Mon, 2019-09-16 00:20. Section: Daily Dispatches8:21p ET Sunday, September 15, 2019
Dear Friend of GATA and Gold:
Author, fund manager, and geopolitical strategist Jim Rickards last week promoted his new book, "Aftermath," in an interview in Australia with the managing director of SmallCaps.com.au, Filip Karinja, and discussed a variety of topics, including:
-- The next world financial crisis.
Investors warn gold miners to keep lid on ambitions
Submitted by cpowell on Sun, 2019-09-15 15:27. Section: Daily DispatchesBy Henry Sanderson and Neil Hume
Financial Times, London
Sunday, September 15, 2019
Gold miners are facing pressure from investors to keep their animal spirits in check as the precious metal trades at its highest levels in six years.
Strong U.S. dollar prompts speculation about Trump intervention
Submitted by cpowell on Sun, 2019-09-15 14:42. Section: Daily DispatchesBy Kate Davidson
The Wall Street Journal
Sunday, September 15, 2019
For decades U.S. currency policy was, in effect, to have no policy. Administrations seldom intervened in markets, advised other countries to do the same, and claimed a strong dollar was in the country's interest.
Andy Schectman: Gold and the art of financial war revisited
Submitted by cpowell on Sun, 2019-09-15 01:54. Section: Daily Dispatches9:56p ET Saturday, September 14, 2019
Dear Friend of GATA and Gold:
Another BIS swap? Golden toilet stolen from Blenheim Palace
Submitted by cpowell on Sat, 2019-09-14 15:15. Section: Daily DispatchesMan, 66, Arrested After L1 Million Golden Toilet Stolen from Blenheim Palace
By Jamie Johnson
The Telegraph, London
Saturday, September 14, 2019
A L1 million solid gold toilet has been stolen from Blenheim Palace in an audacious overnight burglary, police said today.
China and Russia are buying gold and don't care what it costs
Submitted by cpowell on Fri, 2019-09-13 14:42. Section: Daily DispatchesBy Myra P. Saefong
MarketWatch.com, New York
Friday, September 13, 2019
Emerging markets have beefed up gold holdings, undeterred by prices near their highest levels in more than six years, as countries such as Russia and China diversify their foreign-exchange reserves—a trend that is likely to continue.
Ted Butler: The case for a silver explosion is stronger than ever
Submitted by cpowell on Thu, 2019-09-12 23:23. Section: Daily Dispatches7:22p ET Thursday, September 12, 2019
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler, interviewed today by Jim Cook of Investment Rarities, argues that the case for an explosion in the price of silver is stronger than ever.
Reuters exclusive: Morgan's head of gold trading put on leave amid probe
Submitted by cpowell on Thu, 2019-09-12 22:46. Section: Daily DispatchesTwo JPMorgan Metals Executives Put on Leave Amid U.S. Probe
By Peter Hobson, Lawrence Delevingne, and Koh Gui Qing
Reuters
Thursday, September 12, 2019
Two JPMorgan Chase & Co. employees, including a top metals trading executive, have been placed on leave in response to a U.S. criminal investigation into the bank's metals trading practices, according to a source familiar with the matter.
