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Daily Dispatches
Kinross shares plunge on Great Bear bid, so now Barrick may bid for Kinross
Submitted by admin on Thu, 2021-12-09 19:25 Section: Daily DispatchesKinross on Defensive after $1.8-Billion Bid for Red Lake Gold Development Company Great Bear
By Niall McGee
The Globe and Mail, Toronto
Thursday, December 9, 2021
Kinross Gold Corp.'s planned acquisition of Great Bear Resources Ltd. has landed with a thud, over widespread concern from investors that it may be overpaying for a development company with no gold reserves, and could even be opening itself up to a hostile takeover.
Alasdair Macleod: Interest rates, money supply, and GDP
Submitted by admin on Thu, 2021-12-09 16:57 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, December 9, 2021
That the world is on the edge of a monetary and economic cliff is becoming increasingly obvious. And becoming more obviously permanent than transient, price inflation will almost certainly lead to rising interest rates.
Rising bond yields, falling equity markets and debt-triggered insolvencies will naturally follow.
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Gold is 'shockingly stable' because nobody respectable dares to ask why
Submitted by admin on Thu, 2021-12-09 14:08 Section: Daily Dispatches2:10p ET Thursday, December 9, 2021
Dear Friend of GATA and Gold:
Over at Kitco, where the timid interview the oblivious, Anna Golubova gets fund manager Jeffrey Gundlach to remark that gold has been "shockingly stable" and "boring" this year despite rampant inflation and geopolitical turmoil:
Looking in wrong place, Nieuwenhuijs can't find Comex gold price suppression
Submitted by admin on Thu, 2021-12-09 10:59 Section: Daily Dispatches11:17a ET Thursday, December 9, 2021
Dear Friend of GATA and Gold:
Gold researcher Jan Nieuwenhuijs writes today that he can't find any evidence that gold futures contracts on the New York Commodities Exchange are being used to suppress the price of the monetary metal. After reviewing the contract trading data, he invites readers to provide contrary evidence.
His analysis is headlined "Is the Gold Price Suppressed on the Comex Futures Exchange?" and it's posted at his internet site, The Gold Observer, here:
Kinross and Barrick bidding for Great Bear, Globe and Mail says
Submitted by admin on Wed, 2021-12-08 22:57 Section: Daily DispatchesBy Niall McGee
The Globe and Mail, Torotno
Wednesday, December 8, 2021
Kinross Gold Corp. is close to announcing the acquisition of Northern Ontario gold development company Great Bear Resources Ltd., two sources familiar with the situation said.
Ronan Manly: Irish central bank raises doubt about its gold reserves
Submitted by admin on Mon, 2021-12-06 22:09 Section: Daily Dispatches10:06p ET Monday, December 6, 2021
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly tonight reviews the Irish central bank's habitual secrecy about its gold reserves even after its recent increase of those reserves by a third.
Robert Lambourne: Where should gold go if price suppression policy ever fails?
Submitted by admin on Mon, 2021-12-06 21:37 Section: Daily DispatchesBy Robert Lambourne
Monday, December 6, 2021
From time to time I am fortunate enough to have conversations with Chris Powell of GATA, who discusses his opinions on all matters concerning the gold market. Powell and Bill Murphy have done so much to expose the manipulation of the gold markets by the U.S. monetary authorities, which always seem to be trying to keep the gold price suppressed. This year seems to have been an extreme, almost maniacal example of this policy, which impairs price discovery by the international gold market.
Ted Butler: Signs that the price of silver doesn't reflect the market
Submitted by admin on Fri, 2021-12-03 19:31 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Friday, December 3, 2021
Sign, sign, everywhere a sign
Blockin' out the scenery, breakin' my mind.
Do this, don't do that -- can't you read the sign?
That was from a teenage song of rebellion some 50 years ago, by The Five Man Electric Band (from Canada), protesting the "no shirt, no shoes, no service" notices appearing in many fast-food joints back in the day. Yes, it was a simpler time.
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A couple stored IRA gold at home and now owe IRS more than $300,000
Submitted by admin on Fri, 2021-12-03 12:32 Section: Daily DispatchesBy Laura Saunders
The Wall Street Journal
Friday, December 3, 2021
It's official: Owners of individual retirement accounts with assets invested in gold and silver coins can't store them in a safe at their home.
So ruled the judge in a recent tax court case, Andrew McNulty et al. v. Commissioner. The decision will cost McNulty and his wife, Donna, dearly -- taxes of nearly $270,000 on about $730,000 of IRA assets, plus penalties likely to exceed $50,000.
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A new documentary on the corruption of the world financial system
Submitted by admin on Fri, 2021-12-03 12:26 Section: Daily Dispatches12:25p ET Friday, December 3, 2021
Dear Friend of GATA and Gold:
This week's "Live from the Vault" report with London metals trader Andrew Maguire and Shane Moran of Kinesis Money calls attention to a new documentary film about the corruption of the world financial system, "The Paradigm of Money."
The report interviews the documentary's producer, Peter Antico, and its narrator, Sean Stone, and mentions GATA's work.
The report is an hour long and can be viewed at YouTube here:
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