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Daily Dispatches
Russian central bank to resume gold purchases on domestic market Monday
Submitted by admin on Sun, 2022-02-27 14:53 Section: Daily DispatchesBut what will the ruble be worth then?
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From Reuters
Sunday, February 27, 2022
Sanctions on Russia will force central banks to return to infinite money, CS analyst says
Submitted by admin on Sun, 2022-02-27 14:45 Section: Daily DispatchesSWIFT Ban Means the Fed May Need to Be Ready With Dollars
By Benjamin Purvis
Bloomberg News
Sunday, February 27, 2022
https://www.bloomberg.com/news/articles/2022-02-27/swift-ban-means-the-f...
Ambrose Evans-Pritchard: Russia may be forced to dump its gold to raise funds
Submitted by admin on Sun, 2022-02-27 12:08 Section: Daily DispatchesThe West Has Finally Taken the Gloves Off Against Putin, and Redeemed Our Honour
By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, February 27, 2022
On the third attempt, the West is at last grasping the nettle in Ukraine.
This weekend's draconian measures come too late to deter Vladimir Putin, but not too late to inflict real pain and perhaps to set in motion the destruction of his regime.
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Sure, the London bullion banks can be sued. Send GATA a few million pounds and we'll do it
Submitted by admin on Fri, 2022-02-25 11:27 Section: Daily Dispatches11:47a ET Friday, February 25, 2022
Dear Friend of GATA and Gold:
Our friend M.V. writes:
Is it not possible to sue the banksters in London for manipulating the gold price? It is obvious that the price of gold is manipulated if you look at what happened yesterday. It is fraud.
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Of course it is possible to sue banks. These days one can be sued for wearing socks that don't match.
Ambrose Evans-Pritchard: Sanctions will hurt Europe more than Russia
Submitted by admin on Fri, 2022-02-25 11:05 Section: Daily DispatchesGreater Russia Is Now a Full-Spectrum Commodity Superpower, Less Vulnerable to Sanctions than Europe Itself
By Ambrose Evans-Pritchard
The Telegraph, London
Friday, February 25, 2022
In a matter of hours, the world order has turned drastically less favourable for the western democracies.
Vladimir Putin’s seizure of Ukraine elevates Russia into a full-spectrum commodity superpower, adding critical market leverage over global grain supply to existing strategic depth in energy and metals.
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Pam and Russ Martens: Unsanctioned, Western banks continue to operate normally in Russia
Submitted by admin on Fri, 2022-02-25 10:44 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Friday, February 25, 2022
While Ukrainian children sleep with their pets in the subways, living in terror of the bombs raining down on them from their Russian invaders, wealthy Russian oligarchs are being comforted by "relationship managers" at banks owned by the very nations that say they are going to hold Russia accountable for its invasion of Ukraine.
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Jim Rickards: The dollar is becoming a victim of its own success
Submitted by admin on Thu, 2022-02-24 21:25 Section: Daily DispatchesBy James G. Rickards
The Daily Reckoning, Baltimore
Tuesday, February 22, 2022
America's most powerful weapon of war does not shoot, fly, or explode. It's not a submarine, plane, tank, or laser.
America's most powerful strategic weapon today is the dollar.
The United States uses the dollar strategically to reward friends and punish enemies. The use of the dollar as a weapon is not limited to trade wars and currency wars, although the dollar is used tactically in those disputes.
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Alasdair Macleod: How Ukraine fits into the global jigsaw
Submitted by admin on Thu, 2022-02-24 20:45 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, February 24, 2022
Ukraine is part of a far bigger geopolitical picture.
Russia and China want U.S. hegemonic influence in the Eurasian continent marginalized. Following defeats for U.S. foreign policy in Syria and Afghanistan and following Brexit, Russian President Vladimir Putin is driving a wedge between America and the non-Anglo-Saxon European Union.
Can gold market rigging get more obvious? Yes, and probably will tomorrow
Submitted by admin on Thu, 2022-02-24 12:03 Section: Daily Dispatches12:10p ET Thursday, February 24, 2022
Dear Friend of GATA and Gold:
Today's "market" action in gold and silver evokes for your secretary/treasurer, and maybe a few others, a GATA dispatch from 10 years ago. An excerpt from that dispatch is below.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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May 30, 2012
Backwardation in commodities jumps with tensions over Ukraine
Submitted by admin on Wed, 2022-02-23 21:20 Section: Daily DispatchesBy Michael Roschnotti and Gerson Freitas Jr.
Bloomberg News
Wednesday, February 23, 2022
Commodities are being priced near their highest premium on record to deliveries one year ahead, a measure known as backwardation that reflects how physical supplies of everything from oil to corn remain tight amid booming demand and rising geopolitical tensions.
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