Daily Dispatches

The King Report: Friday's gold slam 'smells like a manipulation'

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By Bill King
The King Report
Burr Ridge, Illinois
Monday, January 11, 2021

https://mramseyking.com/king-report

... Gold got slammed [Friday], falling as much as 3.73% on what the financial media called "technical selling." Someone slammed gold when Europe opened and again when the New York Stock Exchange opened. This smells like a manipulation.

Rick Ackerman: This is no time to give up on gold

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By Rick Ackerman
Sunday, January 10, 2021

With gold's gratuitous 4% plunge on Friday, bullion has once again affirmed its reputation as one of the nastiest, most frustrating assets an investor can own.

Ed Steer's Gold and Silver Digest for Saturday posted at SilverSeek

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1:15p ET Sunday, January 10, 2021

Dear Friend of GATA and Gold:

GATA board member Ed Steer's Gold and Silver Digest letter for Saturday, headlined "Another Egregious Bear Raid By the Big 8 Shorts," is posted in the clear at GoldSeek's companion site, SilverSeek, here:

https://silverseek.com/article/another-egregious-bear-raid-big-8-shorts

CHRIS POWELL, Secretary/Treasurer

Bitcoin holders barred from depositing profits in some UK banks

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As long as government controls the banking system, how difficult will it be to cripple cryptocurrencies?

* * *

By Katherine Denham
The Times, London
Saturday, January 9, 2021

Bitcoin has surged to record highs this week but anyone who wants to take profits might struggle to cash in their gains.

Will this day of spectacular intervention nudge any consciences?

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6:06p ET Friday, January 8, 2021

Dear Friend of GATA and Gold:

Dave Kranzler: Gold and silver victimized by paper games

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By Dave Kranzler
Investment Research Dynamics, Denver
Friday, January 8, 2021

Gold and silver gave precious metals bulls a harrowing ride on the “down” price elevator today, as gold had as much as $82 removed from its price and silver was hammered as much as 10%.

Biden plans many trillions in new relief package

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Biden Assembling Multi-Trillion-Dollar Stimulus Plan with Checks, Unemployment Aid

By Jeff Stein, Erica Werner, and Mike DeBonis
Washington Post
Friday, January 8, 2021

China's rapid recovery puts dollar hegemony in doubt

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By Susanne Barton
Bloomberg News
Thursday, January 7, 2021

China's light-speed recovery from the pandemic has reignited the perennial debate about how long the dollar's 50-year dominance of global markets can persist.

Ronan Manly: 2020 was a stellar year for bullion coin sales by major national mints

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By Ronan Manly
Bullion Star, Singapore
Thursday, January 7, 2021

The year 2020 was a very strong one for bullion coins sales by the major national mints with the U.S. Mint, Perth Mint, and Royal Canadian Mint all seeing phenomenally strong sales across both gold bullion coins and silver bullion coins.

Alasdair Macleod: Don't dismiss gold and silver

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By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, January 7, 2021

There is worrying evidence that 2021 will see the end of fiat currencies, led by the U.S. dollar. U.S. dollar money supply has accelerated at an extraordinary rate, a process that will continue.

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