Daily Dispatches

Craig Hemke at Sprott Money: Technical signals for gold and the mining shares

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4:40p ET Tuesday, January 29, 2019

Dear Friend of GATA and Gold:

Manipulated as the gold market is, Craig Hemke of the TF Metals Report writes today at Sprott Money, technical analysis of it still matters insofar as fund managers ignorant of the manipulation still trade in reaction to technical signals.

At KWN, GoldMoney's Turk tells monetary metals investors: Enjoy the ride!

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12:44p ET Tuesday, January 29, 2019

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, interviewed today by King World News, says things are very different lately in the monetary metals market, with prices less susceptible to the usual smashes and geopolitical factors strongly favoring gold and silver.

CPM Group's Jeff Christian vouches for Chinese government's integrity

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10:36p ET Monday, January 28, 2019

Dear Friend of GATA and Gold:

Interviewed by Daniela Cambone for Kitco News at the recent Vancouver Resource Investment Conference, Jeffrey Christian of metals consultancy CPM Group vouched for the integrity of the gold reserve reporting of China's government.

Alasdair Macleod: 10 factors to look for in gold in 2019

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7:53p ET Monday, January 28, 2019

Dear Friend of GATA and Gold:

UK government pretends Bank of England is some independent entity

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So how come the voters don't elect the bank's governor?

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U.K. Leaves Fate of Venezuela's Gold Up to the Bank of England

By Stuart Biggs and Jess Shankleman
Bloomberg News
Monday, January 28, 2019

More spending and debt will compel more commodity price suppression

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U.S. Treasury Set to Borrow $1 Trillion for a Second Year to Finance the Deficit

By Liz McCormick, Saleha Mohsin, and Alexandre Tanzi
Bloomberg News
Monday, January 28, 2019

The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government's widening budget deficit, with new issuance projected to top $1 trillion for a second-straight year.

Venezuelan opposition leader urges Bank of England not to give gold to Maduro

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By Deisy Buitrago
Reuters
Sunday, January 27, 2019

CARACAS -- Venezuelan opposition leader and self-declared president Juan Guaido has asked British authorities to stop President Nicolas Maduro gaining access to gold reserves held in the Bank of England, according to letters released by his party today.

De Gaulle was sure U.S. gold was gone 50 years ago, von Greyerz says

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7p ET Sunday, January 27, 2019

Dear Friend of GATA and Gold:

At this distance in time it's just hearsay but Swiss gold fund manager Egon von Greyerz tells King World News tonight that reliable sources tell him that French President Charles de Gaulle was sure a half century ago that the United States had already exhausted its gold reserve through its price-suppression policy.

Fed considers earlier stop to sale of bond portfolio

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Fed Officials Weigh Earlier-Than-Expected End to Bond Portfolio Runoff

By Nick Timiraos
The Wall Street Journal
Friday, January 25, 2019

U.S. is behind Bank of England's freeze of Venezuela's gold

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By Patricia Laya and Ethan Bronner
Bloomberg News
Friday, January 25, 2019

Nicolas Maduro's embattled Venezuelan regime, desperate to hold onto the dwindling cash pile it has abroad, was stymied in its bid to pull $1.2 billion worth of gold out of the Bank of England, according to people familiar with the matter.

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