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Daily Dispatches

Telsa buys $1.5 billion in bitcoin and wants to buy gold too

Section: Daily Dispatches

'Elon Musk's Tesla Buys $1.5 Billion of Bitcoin Causing Currency to Spike

From BBC News, London
Monday, February 8, 2021

Elon Musk's car firm Tesla has said it bought about $1.5 billion (L 1.1billion) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in the future.

The news caused the price of Bitcoin to jump 17% to $44,220, a record high.

Ronan Manly: Not much silver left in London to fulfill new net purchases

Section: Daily Dispatches

12:50p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

Bullion Star researcher Ronan Manly today examines the 14 major silver-backed exchange-traded funds and concludes that they claim most of the metal reported to be vaulted in London and that little metal, about 3,000 tonnes, remains available for new net purchases.

... Dispatch continues below ...


Chris Marcus of Arcadia Economics challenges JPM's dealing with SLV

Section: Daily Dispatches

12:40p ET Monday, February 8, 2021

Dear Friend of GATA and Gold:

In his latest video report, Chris Marcus of Arcadia Economics raises questions about JPMorganChase's involvement in the silver market and its trading in the monetary metal while serving as custodian for the metal supposedly held by the exchange-traded fund SLV.

Agora's French newsletter notes GATA's work exposing gold price suppression

Section: Daily Dispatches

3:37p ET Sunday, February 7, 2021

Dear Friend of GATA and Gold:

French journalist Edouard Freval takes note of GATA's work in a report this month for Agora Publications' French newsletter, La Chronique Agora.

Join GATA at Gold Week Africa conference Feb. 15-18

Section: Daily Dispatches

3:25p ET Sunday, February 7, 2021

Dear Friend of GATA and Gold:

Despite trying for almost as long as we have been in business and holding a conference there, GATA has failed to generate much interest among government officials, mining companies, investment houses, and labor organizations in South Africa, which used to be the world's leading gold producer.

Matterhorn's Piepenburg at KWN: Investors are starting to perceive metals market rigging

Section: Daily Dispatches

12:40p ET Sunday, February 7, 2021

Dear Friend of GATA and Gold:

In analysis posted at King World News, Matthew Piepenburg of Matternhorn Asset Management in Switzerland writes that investors are starting to recognize that market rigging by central banks may be most heavy-handed in the gold and silver markets.

Ed Steer: Is a crisis in the silver market dead ahead?

Section: Daily Dispatches

12:21p ET Sunday, February 7, 2021

Dear Friend of GATA and Gold:

GATA board member Ed Steer's Gold & Silver Digest letter for Saturday, headlined "Is a Crisis in the Silver Market Dead Ahead?," is posted in the clear at GoldSeek's companion site, SilverSeek, here:

https://silverseek.com/article/crisis-silver-market-dead-ahead

CHRIS POWELL, Secretary/Treasurer

Taiwan punishes Deutsche Bank, others in currency speculation case

Section: Daily Dispatches

From Reuters
Sunday, February 7, 2021

TAIPEI -- Taiwan's central bank said today it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards and suspended it for two years from trading forex derivatives as part of a crackdown on speculation.

... Dispatch continues below ...


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