Daily Dispatches

Torgny Persson: The history of the world is a history of gold

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7:40p ET Thursday, August 1, 2019

Dear Friend of GATA and Gold:

Ted Butler hails new CFTC chairman's support for limiting derivatives positions

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6:50p ET Thursday, August 1, 2019

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler today welcomes a statement by the new chairman of the U.S. Commodity Futures Trading Commission, Heath Tarbert, that the commission "must issue long-awaited rules to limit derivatives positions that help unscrupulous traders corner commodity markets."

While incomplete, records show that JPMorganChase is the New York Fed

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1:57p ET Thursday, August 1, 2019

Dear Friend of GATA and Gold:

Wall Street on Parade's Pam and Russ Martens today delve into the intimate relationship between the Federal Reserve Bank of New York and JPMorganChase & Co., the latter having been commissioned as the New York Fed's agent in rescuing the investment bank Bear Stearns in 2008 with billions of New York Fed money.

Central bank hunger for gold lifts demand to 3-year high

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By Rupert Rowling
Bloomberg News
Thursday, August 1, 2019

Central banks continued to load up on gold in the first half of the year, helping push total bullion demand to a three-year high, according to the World Gold Council.

Ronan Manly: Gold is the ultimate asset as Fed joins race to the bottom in interest rates

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5:56p ET Wednesday, July 31, 2019

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly writes that the Federal Reserve's interest rate cut today will hasten the race among central banks to devalue their currencies with more interest rate reductions and asset purchases.

Trump not alone in seeking lower dollar, as lawmakers unveil foreign investor tax

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Trump not alone in seeking lower dollar, as lawmakers unveil foreign investor tax

By David J. Lynch
Washington Post
Tuesday, July 30, 2019

Veto lifted from Alaska gold mine project with as much as $100 billion of metal

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By Jennifer A Dlouhy
Bloomberg News
Tuesday, July 30, 2019

The Environmental Protection Agency is scrapping proposed restrictions on mining operations in Alaska's Bristol Bay, dealing a victory to Northern Dynasty Minerals Ltd., which is hoping to tap a $100 billion gold deposit in the region.

Summers blasts Trump: 'No nation can devalue its way to prosperity'

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The path to prosperity is suppressing the gold price -- right, Mr. Summers?

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Larry Summers Blasts Trump on the Dollar: 'No Nation Can Devalue Its Way to Prosperity'

By Jessica Bursztynsky
CNBC, New York
Tuesday, July 30, 2019

China's FX agency gives details of diversification away from U.S. dollar

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How are China's foreign-exchange assets safe when most are held in financial instruments that can be frozen or nullified with the push of a button on an adversary's computer keyboard?

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China Has 'Price to Pay' for Cutting U.S. Dollar Share of Forex Reserves, Analysts Say

By Karen Ueung
South China Morning Post, Hong Kong
Tuesday, July 30, 2019

Hugo Salinas Price: The 'Liberty' silver ounce -- its origin and its future

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12:11p ET Tuesday, July 30, 2019

Dear Friend of GATA and Gold:

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