Daily Dispatches

Ex-JPMorgan trader sentenced to prison for currency rigging; CEO Jamie Dimon remains free

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By Jonathan Stempel
Reuters
Thursday, September 17, 2020

NEW YORK -- A former JPMorgan Chase & Co. foreign exchange trader was sentenced today to eight months in prison, following his November 2019 conviction for conspiring with traders at other banks to rig currency trades.

Kinross Gold pays first dividend in 7 years as metal rallies

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By Steven Frank and Isis Almeida
Bloomberg News
Thursday, September 17, 2020

Canadian miner Kinross Gold Corp. is boosting output and paying its first dividend in seven years after gold prices surged to a record.

India's Hindu temples start using 'God's gold' to pay bills as pandemic cuts donations

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By Swansy Afonso and PR Sanjai
Bloomberg News
Thursday, September 17, 2020

Alasdair Macleod: China is killing the dollar

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9p ET Thursday, September 17, 2020

Dear Friend of GATA and Gold:

GoldMoney research director Alasdair Macleod writes today that China appears to be getting more aggressive about reducing its holdings of U.S. dollars and U.S. government bonds and increasing its stockpiling of commodities while the Federal Reserve moves toward infinite money creation.

Bullion Star's Ronan Manly covers gold rigging with GATA secretary

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12:24p ET Thursday, September 17, 2020

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly interviewed your secretary/treasurer a few days ago, the discussion covering, among other topics:

-- The extensive documentation of central bank rigging of the gold market.

-- The camouflage provided to this market rigging by the Bank for International Settlements.

Bank of England moves closer to negative interest rates

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By Russell Lynch
The Telegraph, London
Thursday, September 17, 2020

The Bank of England today took another step towards controversial negative rates amid rising Covid infections and a looming unemployment crisis.

Deutsche Bank gold and silver spoofer tells jury his bosses showed him how

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By Janan Hanna
Bloomberg News
Thursday, September 17, 2020

Former Deutsche Bank AG analyst David Liew told a Chicago jury he learned how to manipulate gold and silver prices from the two successful senior traders he admired and worked with for about three years.

'Rich Dad Radio Show' interviews GATA secretary on gold market rigging

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9:13p ET Wednesday, September 16, 2020

Dear Friend of GATA and Gold:

Robert and Kim Kiyosaki of "The Rich Dad Radio Show" recently interviewed your secretary/treasurer about the purposes and mechanisms of gold market manipulation by governments, particularly the U.S. government. The interview is a half hour long and can be viewed at YouTube here:

Gold mining profit margins are best ever now, Lassonde tells Kitco News

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12:20a ET Wednesday, September 16, 2020

Dear Friend of GATA and Gold:

Mining entrepreneur Pierre Lassonde, interviewed this week by David Lin of Kitco News, says gold mining profit margins are now the best they have ever been and likely will get better as the gold price increases and energy costs stay low.

New York Sun: Time for Trump to fight for Judy Shelton

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From The New York Sun
Tuesday, September 15, 2020

Sen. John Thune's comments today suggesting that Judy Shelton lacks in the Senate the votes to be confirmed as a governor of the Federal Reserve certainly strike us as important.

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