Daily Dispatches

Robert Lambourne: BIS executive's speech hints central banking will attack bitcoin soon

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By Robert Lambourne
Friday, February 5, 2021

It always amuses me when somebody makes a set of arguments to justify his predetermined position. That's the case with the address given last week to the Hoover Institution by Agustín Carstens, general manager of the Bank for International Settlements in Basel, Switzerland. It was titled "Digital Currencies and the Future of the Monetary System":

Nigeria's central bank orders cryptocurrency accounts to close

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By Ruth Olurounbi
Bloomberg News
Friday, February 5, 2021

Nigeria's central bank ordered deposit-taking banks and other financial institutions to immediately close accounts transacting in or operating cryptocurrency exchanges, saying such deals are "prohibited."

State legislatures eye sound-money reforms

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By JP Cortez
Money Metals News Service, Eagle, Idaho
Monday, February 1, 2021

More state lawmakers than ever are introducing sound-money legislation in the opening days of the 2021 legislative session.

Several states will consider measures to remove sales or general excise taxes from the purchases of gold, silver, and other precious metals.

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Gold shortages are severe in London and New York, von Greyerz tells King World News

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11:12a ET Thursday, February 4, 2021

Dear Friend of GATA and Gold:

J.S. Kim: The real short squeeze is in gold and silver, not GameStop

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11:06a ET Thursday, February 4, 2021

Dear Friend of GATA and Gold:

Market analyst John S. Kim writes today that the real financial market squeeze is in gold and silver, not GameStop and AMC Entertainment shares.

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

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11:03p ET Wednesday, February 3, 2021

Dear Friend of GATA and Gold:

Ronan Manly: The silver squeeze vs. Wall Street corruption

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10:40a ET Wednesday, February 3, 2021

Dear Friend of GATA and Gold:

Bullion Star's Ronan Manly today questions the staggering volumes of silver reported to be moving in and out of the exchange-traded fund SLV, notes that JPMorganChase is the custodian of the fund's metal and is a serial criminal in the financial markets, and wonders if anyone really wants to rely on SLV's integrity.

U.S. Mint still rationing silver coins amid 'exceptional' demand

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By Yvonne Yue Li
Bloomberg News
via Yahoo News
Tuesday, February 2, 2021

The Reddit-fueled run-up in silver prices might be stalling, but the U.S. Mint said it is still rationing its sales of silver coins because of "continued exceptional market demand" as well as limited supplies and manufacturing capacity.

GATA makes the Financial Times after all -- tellingly edited

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7:48p ET Tuesday, February 2, 2021

Dear Friend of GATA and Gold:

It turns out that GATA made the Financial Times' internet site this afternoon after all -- likely for publication in tomorrow's print editions -- but only in a way suggesting that the newspaper is not willing to publicize any details of surreptitious government intervention in the monetary metals markets.

Craig Hemke at Sprott Money: Groundhog day for silver investors

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5p ET Tuesday, February 2, 2021

Dear Friend of GATA and Gold:

Writing today at Sprott Money, the TF Metals Report's Craig Hemke reminds everyone that the derivatives system of setting gold and silver prices by creating imaginary infinite supply won't be broken until people stop participating in it and confine their purchases to real metal.

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