Daily Dispatches

Shelton's nomination to Fed fails key Senate procedural vote

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By Jeff Cox
CNBC, New York
Tuesday, November 17, 2020

Judy Shelton's controversial nomination to the Federal Reserve suffered a possibly fatal blow Tuesday in a key procedural vote in the Senate.

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11:40a ET Tuesday, November 17, 2020

Dear Friend of GATA and Gold:

With gold and silver rebounding strongly 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.

Sure, Morgan long has been running silver -- but for whom?

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9:09p ET Monday, November 16, 2020

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler marvels today at how 20% of the world's known thousand-ounce silver bars managed to move this year into the inventories of silver exchange-traded funds and Comex vaults without exploding the metal's price.

Endeavour to buy Teranga Gold in deal worth $1.86 billion

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By Thomas Biesheuvel
Bloomberg News
Monday, November 16, 2020

Endeavour Mining Corp., the acquisitive gold producer backed by Egyptian billionaire Naguib Sawiris, agreed to buy Teranga Gold Corp. in the latest deal to reshape the sector.

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11:34a ET Monday, November 16, 2020

Dear Friend of GATA and Gold:

With gold and silver rebounding strongly 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.

Gold ETFs rely on metal borrowed from central banks, von Greyerz tells KWN

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10:50a ET Monday, November 16, 2020

Dear Friend of GATA and Gold:

Echoing suspicion raised by Bullion Star researcher Ronan Manly, Swiss gold fund manager Egon von Greyerz tells King World News that gold exchange-traded funds may not have much gold that isn't borrowed from central banks.

Jim Rickards: The bogus case against gold

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By James Rickards
The Daily Reckoning, Baltimore, Maryland
Thursday, November 12, 2020

Gold is in the early stages of its third great bull run that will take it to record heights.

The first two great bull markets were 1971-1980 (gold up 2,200%) and 1999-2011 (gold up 760%). After peaking in 2011, gold fell sharply from that peak to below $1,100 per ounce by 2015.

Half-ounce U.S. gold commemorative coin quickly sells out at $1,335

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World War II Gold Coin, Silver Medal Devoured in Nov. 9 Sales

By Paul Gilkes
Coin World, Sidney, Ohio
Friday, November 13, 2020

Zimbabweans mend shabby dollar notes amid economic crash

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By Farai Mutsaka
Associated Press
via Washington Post
Friday, November 13, 2020

HARARE, Zimbabwe -- Albert Marombe takes a grimy, tattered $1 note and delicately, expertly glues it back into one piece, holding it up for inspection.

Alasdair Macleod: Bullion banks' new push against gold is likely to fail just as last one did

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By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Friday, November 13, 2020

Gold and silver prices were smashed last Monday, when it was announced that Pfizer had produced a drug that was 90% successful in treating covid-19.

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