Daily Dispatches

'Downfall' of the anti-silver cabal


4:25p ET Tuesday, January 16, 2021

Dear Friend of GATA and Gold:

If you can stand another parody of the Hitler nervous breakdown scene from the movie "Downfall," Reddit's silver advocates have produced one that's fairly funny and gives credit to mining entrepreneur Eric Sprott as the enemy of all evildoers in the monetary metals markets.

Another silver ETF cites campaign against shorts, but doesn't express concern about obtaining metal


2:44p ET Tuesday, February 16, 2021

Dear Friend of GATA and Gold:

Bullion Star's researchers note via Twitter today that another silver exchange-traded fund, the Aberdeen Standard Silver ETF Trust (SIVR), has updated its prospectus to take note of the recent internet campaign to attack shorts in silver.

Fed official dismisses bitcoin and gold but worries about privately issued currency


Bitcoin Poses No Threat to the Dollar as the World's Currency Leader, Fed's Bullard Says

By Kevin Stankiewicz
CNBC, New York
Tuesday, February 16, 2021

St. Louis Federal Reserve President James Bullard told CNBC today he believes that increasing interest in bitcoin does not pose a serious threat to the U.S. dollar as the world's reserve currency.

Dave Kranzler: The iShares silver 'trust' SLV is likely a fraud


By Dave Kranzler
Investment Research Dynamics, Denver
Tuesday, February 16, 2021

Those of us who read the original filings for the gold exchange-traded fund GLD and the silver exchange-traded fund SLV were shocked that the prospectus for each was certified by the U.S. Securities and Exchange Commission.

FX rigging may have spread to 200 chat rooms, lawyer says


By Ellen Milligan
Bloomberg News
Monday, February 15, 2021

Traders may have used as many as 200 online chat rooms to rig foreign exchange rates, far more than previously thought, a lawyer for investors told a London court today.

Prospectus change frees SLV to detach its price from silver, Turk tells KWN


5:09p ET Sunday, February 14, 2021

Dear Friend of GATA and Gold:

In comments today at King World News, GoldMoney founder and GATA consultant James Turk construes last week's amendment to the prospectus of the exchange-traded silver fund SLV to mean that fund can detach its share price from silver and make the price "whatever the managers want it to be."

Ronan Manly: Silver squeeze hits London as SLV warns of limited supply


4:58p ET Sunday, February 14, 2021

Dear Friend of GATA and Gold:

Bullion Star's Ronan Manly today compares the recent hurried changes in the prospectus of the exchange-traded silver fund SLV with SLV's recent enormous claims on London-vaulted silver, which already seemed in tight supply.

Mike Ballanger: SLV's warning of short squeeze is a ruse to divert buying from physical


By Michael J. Ballanger
Sunday, February 14, 2021

The recent changes to the prospectus for the silver exchange-traded fund SLV --


-- represent a malevolent ruse to entrap the Reddit crowd by forcing a stampede into SLV in place of a stampede into physical silver.

FLASH: Silver ETF SLV admits trouble sourcing metal and vulnerability to 'dramatic' short squeeze


7:46p ET Saturday, February 13, 2021

Dear Friend of GATA and Gold (and Silver):

The silver exchange-traded fund SLV appears to have just amended its prospectus to acknowledge difficulty in sourcing metal for the fund.

Alasdair Macleod: Crazy days for money


By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Friday, February 12, 2021

This article anticipates the end of the fiat currency regime and argues why its replacement can only be gold and silver, most likely in the form of fiat money turned into gold substitutes.

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