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Daily Dispatches
Gold mining profit margins are best ever now, Lassonde tells Kitco News
Submitted by cpowell on Wed, 2020-09-16 00:20 Section: Daily Dispatches12:20a ET Wednesday, September 16, 2020
Dear Friend of GATA and Gold:
Mining entrepreneur Pierre Lassonde, interviewed this week by David Lin of Kitco News, says gold mining profit margins are now the best they have ever been and likely will get better as the gold price increases and energy costs stay low.
New York Sun: Time for Trump to fight for Judy Shelton
Submitted by cpowell on Tue, 2020-09-15 19:53 Section: Daily DispatchesFrom The New York Sun
Tuesday, September 15, 2020
Sen. John Thune's comments today suggesting that Judy Shelton lacks in the Senate the votes to be confirmed as a governor of the Federal Reserve certainly strike us as important.
Judy Shelton is still short of Senate votes needed for Fed spot
Submitted by cpowell on Tue, 2020-09-15 18:30 Section: Daily DispatchesBy Laura Litvan
Bloomberg News
Tuesday, September 15, 2020
Judy Shelton, President Donald Trump's controversial nominee for the Federal Reserve board, doesn't yet have enough support in the Republican-controlled Senate to win confirmation, said South Dakota Sen. John Thune, the chamber's No. 2 Republican leader.
Dethroned dollar is causing waves across markets, in five charts
Submitted by cpowell on Tue, 2020-09-15 18:22 Section: Daily DispatchesBy Cecile Gutscher and Anchalee Worrachate
Bloomberg News
Tuesday, September 15, 2020
The dethroning of the dollar from its pandemic supremacy is changing the trading game across stocks, emerging markets and commodities.
Craig Hemke at Sprott Money: Gold offtake is the trend, so don't be distracted
Submitted by cpowell on Tue, 2020-09-15 18:00 Section: Daily Dispatches6p ET Tuesday, September 15, 2020
Dear Friend of GATA and Gold:
With gold demand suddenly having transformed the New York Commodities Exchange into a mechanism of physical delivery, disgorging more gold in a few months than it used to deliver in whole years, the TF Metals Report's Craig Hemke today warns investors not to be distracted by daily events but to watch the main trend.
Central bank says weaker Australian dollar would aid recovery
Submitted by cpowell on Tue, 2020-09-15 10:35 Section: Daily DispatchesRBA Weighs In on Currency, Saying a Weaker Dollar Would Help Recovery
By Sarah Turner
Australian Financial Review, Sydney
Tuesday, September 15, 2020
The Reserve Bank concedes a weaker dollar would help the economy recover from its historic COVID-19 recession, breaking its silence to agree with the blue-chip companies that warn of exchange rate pain.
TV commentator Tucker Carlson joins New Orleans conference speaker lineup
Submitted by cpowell on Mon, 2020-09-14 21:40 Section: Daily Dispatches9:50p ET Monday, September 14, 2020
Dear Friend of GATA and Gold:
As you may recall, this year's New Orleans Investment Conference, to be held Wednesday to Saturday, October 14 to 17, will be a "virtual one," conducted entirely on the internet, so we'll miss the excitement of the great city.
Alasdair Macleod: Inflation, deflation, and other fallacies
Submitted by cpowell on Sat, 2020-09-12 11:49 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, September 10, 2020
There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and turns yet to come.
Jan Nieuwenhuijs: Silver Institute's supply and demand data is misleading
Submitted by cpowell on Sat, 2020-09-12 10:54 Section: Daily DispatchesBy Jan Nieuwenhuijs
Voima Gold, Helsinki
Saturday, September 12, 2020
Every year the Silver Institute publishes silver supply and demand numbers that suggest the market is in a deficit or surplus, although there is no correlation between their “market balance” and the price of silver. Investment decisions based on the Silver Institute’s supply and demand data can turn out badly.
Join GATA at this weekend's SilverFest internet conference
Submitted by cpowell on Fri, 2020-09-11 11:55 Section: Daily Dispatches11:56a ET Friday, September 11, 2020
Dear Friend of GATA and Gold (and Silver):
Silverfest 2020, a three-day internet conference sponsored by Arcadia Economics that begins tonight, will include many speakers of interest to those who follow the manipulation of the monetary metals markets.
In addition to GATA Chairman Bill Murphy and your secretary/treasurer, speakers will include: