Daily Dispatches

Stefan Gleason: How precious metals generate positive real returns

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By Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Monday, February 8, 2021

One of the most bullish backdrops for precious metals is an environment of negative real interest rates – that is, when bonds and cash yield less than the inflation rate.

Elko resists drive by Nevada's sinking gambling industry to raise mining taxes

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Life in a Gold-Mining Town

By Sofia Jeremias
Deseret News, Salt Lake City
Monday, February 8, 2021

ELKO, Nevada -- In late January, snow dusts the open land as the backs of cattle grazing peek out of the scrubland that surrounds the section of Interstate 80 crossing Nevada.

Bloomberg marvels at 'secrecy' of London vault locations whose addresses Bullion Star revealed long ago

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8:25p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Ted Butler: The cat's out of the bag

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By Ted Butler
Butler Research, Jupiter, Florida
Monday, February 8, 2021

In the latest Commitment of Traders report, the issue I have nearly beaten to death for decades -- the concentrated short position in Comex silver futures -- took center stage to a degree that had me check and recheck the data.

Central banks still can't afford to be too candid about gold price suppression

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6:23p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Dave Kranzler: Silver, SLV, and shell games

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5:33p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Reflecting on the reports in the last 24 hours from Chris Marcus of Arcadia Economics and Ronan Manly of Bullion Star about silver and its exchange-traded funds, Dave Kranzler of Investment Research Dynamics gets the impression that both the main gold and silver exchanged-traded funds are essentially shell games.

Telsa buys $1.5 billion in bitcoin and wants to buy gold too

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'Elon Musk's Tesla Buys $1.5 Billion of Bitcoin Causing Currency to Spike

From BBC News, London
Monday, February 8, 2021

Elon Musk's car firm Tesla has said it bought about $1.5 billion (L 1.1billion) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in the future.

The news caused the price of Bitcoin to jump 17% to $44,220, a record high.

Whichever way the market goes, you can win with The Calandra Report -- and so can GATA

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4:24p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Ronan Manly: Not much silver left in London to fulfill new net purchases

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12:50p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Bullion Star researcher Ronan Manly today examines the 14 major silver-backed exchange-traded funds and concludes that they claim most of the metal reported to be vaulted in London and that little metal, about 3,000 tonnes, remains available for new net purchases.

... Dispatch continues below ...


Chris Marcus of Arcadia Economics challenges JPM's dealing with SLV

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12:40p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

In his latest video report, Chris Marcus of Arcadia Economics raises questions about JPMorganChase's involvement in the silver market and its trading in the monetary metal while serving as custodian for the metal supposedly held by the exchange-traded fund SLV.

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