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Daily Dispatches
Chile court orders 'total and definitive' closure of Barrick's Pascua-Lama project
Submitted by cpowell on Fri, 2020-09-18 11:10 Section: Daily DispatchesBy Cecilia Jamasmie
Mining.com, Vancouver, B.C., Canada
Friday, September 18, 2020
Chile's environmental court has put the final nail in the coffin for Barrick Gold's giant Pascua-Lama gold-silver project, straddling the border with Argentina, which had been on hold since 2013 over environmental concerns.
Flood of gold from Switzerland to U.S. stopped in August
Submitted by cpowell on Fri, 2020-09-18 00:39 Section: Daily DispatchesBy Peter Hobson
Reuters
Thursday, September 17, 2020
https://www.reuters.com/article/us-swiss-trade-gold-idUSKBN2681TZ
LONDON -- Swiss exports of gold to the United States all but halted in August while shipments to China and India rose, customs data showed today, suggesting a big transfer of bullion to New York that followed the coronavirus outbreak has run its course.
Ex-JPMorgan trader sentenced to prison for currency rigging; CEO Jamie Dimon remains free
Submitted by cpowell on Thu, 2020-09-17 21:43 Section: Daily DispatchesBy Jonathan Stempel
Reuters
Thursday, September 17, 2020
NEW YORK -- A former JPMorgan Chase & Co. foreign exchange trader was sentenced today to eight months in prison, following his November 2019 conviction for conspiring with traders at other banks to rig currency trades.
Kinross Gold pays first dividend in 7 years as metal rallies
Submitted by cpowell on Thu, 2020-09-17 21:30 Section: Daily DispatchesBy Steven Frank and Isis Almeida
Bloomberg News
Thursday, September 17, 2020
Canadian miner Kinross Gold Corp. is boosting output and paying its first dividend in seven years after gold prices surged to a record.
India's Hindu temples start using 'God's gold' to pay bills as pandemic cuts donations
Submitted by cpowell on Thu, 2020-09-17 21:22 Section: Daily DispatchesBy Swansy Afonso and PR Sanjai
Bloomberg News
Thursday, September 17, 2020
Alasdair Macleod: China is killing the dollar
Submitted by cpowell on Thu, 2020-09-17 21:03 Section: Daily Dispatches9p ET Thursday, September 17, 2020
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod writes today that China appears to be getting more aggressive about reducing its holdings of U.S. dollars and U.S. government bonds and increasing its stockpiling of commodities while the Federal Reserve moves toward infinite money creation.
Bullion Star's Ronan Manly covers gold rigging with GATA secretary
Submitted by cpowell on Thu, 2020-09-17 12:24 Section: Daily Dispatches12:24p ET Thursday, September 17, 2020
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly interviewed your secretary/treasurer a few days ago, the discussion covering, among other topics:
-- The extensive documentation of central bank rigging of the gold market.
-- The camouflage provided to this market rigging by the Bank for International Settlements.
Bank of England moves closer to negative interest rates
Submitted by cpowell on Thu, 2020-09-17 11:50 Section: Daily DispatchesBy Russell Lynch
The Telegraph, London
Thursday, September 17, 2020
The Bank of England today took another step towards controversial negative rates amid rising Covid infections and a looming unemployment crisis.
Deutsche Bank gold and silver spoofer tells jury his bosses showed him how
Submitted by cpowell on Thu, 2020-09-17 11:19 Section: Daily DispatchesBy Janan Hanna
Bloomberg News
Thursday, September 17, 2020
Former Deutsche Bank AG analyst David Liew told a Chicago jury he learned how to manipulate gold and silver prices from the two successful senior traders he admired and worked with for about three years.
'Rich Dad Radio Show' interviews GATA secretary on gold market rigging
Submitted by cpowell on Wed, 2020-09-16 21:13 Section: Daily Dispatches9:13p ET Wednesday, September 16, 2020
Dear Friend of GATA and Gold:
Robert and Kim Kiyosaki of "The Rich Dad Radio Show" recently interviewed your secretary/treasurer about the purposes and mechanisms of gold market manipulation by governments, particularly the U.S. government. The interview is a half hour long and can be viewed at YouTube here:
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