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Daily Dispatches

Pam and Russ Martens: Woman who helped expose Wall Street mega-banks nominated as a top regulator

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Friday, September 24, 2021

Yesterday President Biden took the bold step of nominating Saule Omarova to head the Office of the Comptroller of the Currency, a top federal bank regulator. Omarova is a law professor at Cornell University and has written extensively on systemic risk containment. 

New Orleans is back to normal so join GATA there next month

Section: Daily Dispatches

By Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference
Friday,  September 24, 2021

With this year's New Orleans Investment Conference just around the corner -- Tuesday through Friday, October 19-22 -- the timing couldn't be better for a metals rally.

If you're a serious investor, you need to attend this blockbuster, in-person event.

Matthew Piepenburg: Why is gold not rising?

Section: Daily Dispatches

By Matthew Piepenburg
Matterhorn Asset Management, Zurich
Friday, September 24, 2021

Many are asking why gold is not rising, as just about every other commodity makes new highs in the backdrop of inflationary tailwinds.

That's a very fair question.

Some are even saying gold is dead, a silly and "barbarous" old relic of ancient times, ancient math, and ancient common sense.

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China smashes cryptos as governments strive to control digital currencies

Section: Daily Dispatches

10:41a ET Friday, September 24, 2021

Dear Friend of GATA and Gold:

With China proclaiming all cryptocurrency business illegal and the leading cryptos plunging in price as a result --

https://www.cnbc.com/2021/09/24/bitcoin-ethereum-sink-as-china-intensifies-crypto-crackdown.html

JPMorgan agrees to pay $15.7 million to settle spoofing lawsuit

Section: Daily Dispatches

By Chris Prentice and Jonathan Stempel
Reuters
Thursday, September 23, 2021

WASHINGTON -- JPMorgan Chase & Co. agreed to pay $15.7 million in cash to settle a class-action lawsuit by investors who accused the largest U.S. bank of intentionally manipulating prices of U.S. Treasury futures and options.

The settlement disclosed late Wednesday night stemmed from sprawling U.S. government investigations into illegal trading in futures and precious metals markets, known as spoofing.

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Fed changed nothing but gold was smashed anyway -- Any questions?

Section: Daily Dispatches

2p ET Thursday, September 23, 2021

Dear Friend of GATA and Gold:

The U.S. dollar index, our friend Dave Kranzler of Investment Research Dynamics writes today, "is back to where it was right before Federal Reserve Chairman Jerome Powell's press conference yesterday. When Powell said 'maybe in November we'll have a taper schedule,' the dollar shot up and paper gold was slammed. With the dollar back down to its pre-presser level today, gold is still down $36."

Alasdair Macleod: The great game moves on

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, September 23, 2021

Following America's withdrawal from Afghanistan, her focus has switched to the Pacific with the establishment of a joint Australian and UK naval partnership.

New Orleans is back to normal so join GATA there next month

Section: Daily Dispatches

By Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference
Thursday,  September 23, 2021

With this year's New Orleans Investment Conference just around the corner -- Tuesday through Friday, October 19-22 -- the timing couldn't be better for a metals rally.

If you're a serious investor, you need to attend this blockbuster, in-person event.

Why does the Fed treat JPMorganChase so leniently despite all its felonies?

Section: Daily Dispatches

12:55p ET Thursday, September 23, 2021

Dear Friend of GATA and Gold:

In their Wall Street on Parade column today, the tireless Pam and Russ Martens wonder why the U.S. Federal Reserve is being rather tough on Wells Fargo Bank while letting JPMorganChase & Co. run wild, even as Wells Fargo has not been charged with any felonies while JPMorganChase has confessed to five federal felonies in recent years. including charges of manipulating the monetary metals and Treasury bond markets.

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JP Cortez: Are America's money masters engaged in self-dealing?

Section: Daily Dispatches

By JP Cortez
Money Metals Exchange, Eagle, Idaho
Tuesday, September 21, 2021

America's central bankers are tasked with impartial oversight over aspects of the American economy. But could these individuals be making decisions on interest rates and bailout operations based on what is best for their own personal investment portfolios?

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