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Daily Dispatches
Pam and Russ Martens: Federal agency hides bank identities in study of dangerous derivatives
Submitted by admin on Tue, 2022-01-25 12:06 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, January 25, 2022
The Office of Financial Research is the federal agency created under the Dodd-Frank financial reform legislation of 2010. Its role is to provide early warnings to U.S. bank regulators and the public of systemic risks that threaten U.S. financial stability, so that another 2008-style Wall Street crisis can never again devastate the U.S. economy.
Silver is on the launchpad, GATA's Steer tells Wall Street Silver
Submitted by admin on Tue, 2022-01-25 11:59 Section: Daily Dispatches11:58a ET Tuesday, January 25, 2022
Dear Friend of GATA and Gold:
GATA board member Ed Steer, editor of Ed Steer's Gold & Silver Digest, was interviewed by the Wall Street Silver boys a few days ago and said that silver supplies are tight and that the metal is "on the launchpad."
The interview is 17 minutes long and can be viewed at YouTube here:
Ted Butler: JPMorgan must have 'tricked' Bank of America into shorting so much gold and silver
Submitted by admin on Mon, 2022-01-24 11:51 Section: Daily Dispatches11:54a ET Monday, January 24, 2022
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler writes today that Bank of America has taken what seem huge short positions in gold and silver because the bank was "tricked in some way" by bullion bank JPMorganChase & Co.
India plans 'gold savings accounts' to reduce demand for real metal -- and thus its price
Submitted by admin on Sat, 2022-01-22 10:39 Section: Daily DispatchesHow stupid does the government think its people are? Comprehensively stupid.
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Gold Savings Accounts Likely to Check Widening Current Account Deficit
By Sutanuka Ghosal
The Times of India, Mumbai
Saturday, January 22, 2022
The case for 'digital gold' unravels as bitcoin's plunge deepens
Submitted by admin on Fri, 2022-01-21 19:35 Section: Daily DispatchesBy Akayla Gardner
Bloomberg News
Friday, January 21, 2021
The argument Bitcoin is a form of "digital gold" is falling apart.
As the largest cryptocurrency slips to $38,000, the lowest price since August, its decline in tandem with risk assets such as tech stocks is casting a shadow on a long-touted similarity to gold.
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Emirates take on LBMA with launch of UAE Good Delivery Standard for gold
Submitted by admin on Fri, 2022-01-21 19:19 Section: Daily DispatchesBy Ronan Manly
Bullion Star, Singapore
Friday, January 21, 2022
In the ongoing tug of war between the gold trading centres of, on the one hand, the United Arab Emirates, and, on the other, the axis of London-Switzerland, the UAE has now thrown down the gauntlet with the launch of a UAE Good Delivery Standard for gold, a system that will go into effect in February.
Import duty on gold may be slashed in India's budget
Submitted by admin on Fri, 2022-01-21 16:42 Section: Daily DispatchesBy Annapurna Singh
Deccan Herald, Bengalore, India
Friday, January 21, 2022
The government may reduce import duty on gold in the Union budget to curb the exponential rise in smuggling that has not only impacted the government's tax revenues but also the export of gems and jewellery from the country.
Oklahoma to consider investing state funds in gold and silver
Submitted by admin on Thu, 2022-01-20 20:36 Section: Daily DispatchesBy JP Cortez
Money Metals News Service, Eagle, Idaho
Thursday, January 20, 2022
An Oklahoma state representative today introduced legislation that would enable the state treasurer to protect Sooner State funds from inflation and financial risk by holding physical gold and silver.
Introduced by Rep. Sean Roberts, HB 3681 would include physical gold and silver, owned directly, to the list of permissible investments the state treasurer can hold.
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New York Sun: The Fed and crypto -- back to basics
Submitted by admin on Thu, 2022-01-20 20:28 Section: Daily DispatchesFrom The New York Sun
Thursday, January 20, 2022
Could the announcement that the Federal Reserve is weighing "the pros and cons" of issuing a "digital currency" be a chance to move to center stage the question of monetary reform?
That is our optimistic interpretation of the discussion paper issued this afternoon by the central bank. For it will soon be confronted with the question of how a digital dollar might, or might not, be defined -- and who defines it.
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Fed launches review of possible central bank digital currency
Submitted by admin on Thu, 2022-01-20 20:01 Section: Daily DispatchesBy Andrew Ackerman
The Wall Street Journal
Thursday, January 20, 2022
WASHINGTON—The Federal Reserve today launched a review of the potential benefits and risks of issuing a U.S. digital currency, as central banks around the world experiment with the potential new form of money to keep pace with private-sector payments innovations.
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