You are here
Daily Dispatches
Pam and Russ Martens: Dimon's remarks on Discount Window add to market panic
Submitted by cpowell on Thu, 2020-02-27 13:50 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, February 27, 2020
During the financial panic of 1907, John Pierpont Morgan corralled the money men of New York together and convinced them to join him in bailing out teetering financial institutions in order to calm the panic in the markets. His plan worked.
Bloomberg News manages to say something positive about gold
Submitted by cpowell on Thu, 2020-02-27 11:50 Section: Daily DispatchesHistory Shows Gold's Rally May Only Just Be Getting Started
By Elena Mazneva, Ranjeetha Pakiam, and Justina Vasquez
Bloomberg News
Wednesday, February 26, 2020
Even with gold at seven-year highs, there's still room for more gains if history is anything to go by.
Jim Rickards: Of course gold is manipulated -- the evidence is overwhelming -- but it will win in the end
Submitted by cpowell on Thu, 2020-02-27 11:13 Section: Daily DispatchesBy James G. Rickards
Daily Reckoning, Baltimore
Tuesday, February 25, 2020
https://dailyreckoning.com/how-gold-is-manipulated/
Is there gold price manipulation going on? Absolutely. There's no question about it. That's not just an opinion.
There is hard statistical evidence to make the case, in addition to anecdotal evidence and forensic evidence. The evidence is very clear, in fact.
You can distinguish conspiracy theories from conspiracy facts, if you really want to and try
Submitted by cpowell on Wed, 2020-02-26 14:37 Section: Daily Dispatches2:57p ET Wednesday, February 26, 2020
Dear Friend of GATA and Gold:
A grudgingly approving reference to GATA comes today from the investment research chief of currency trading house BDSwiss, Marshall Gittler, whose essay at FXStreet is headlined "Another 'Risk-Off' day, But with Another Fall in Gold":
Gold-backed ETFs have never seen inflows like this
Submitted by cpowell on Wed, 2020-02-26 11:02 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Wednesday, February 26, 2020
Global investors are stashing more and more assets into gold as the coronavirus outbreak spreads and appetite for risk takes a hit.
Craig Hemke at Sprott Money: U.S. real rates are already negative and will get more so, boosting gold
Submitted by cpowell on Tue, 2020-02-25 21:04 Section: Daily Dispatches9:06p ET Tuesday, February 24, 2020
Dear Friend of GATA and Gold:
Writing at Sprott Money, the TF Metals Report's Craig Hemke asserts tonight that the whole U.S. Treasury yield curve already offers a negative return in inflation-adjusted interest rates, even as more rate cuts are almost surely coming. This, Hemke writes, will push more safe-haven money toward gold in all its forms.
Ontario teachers pension fund strikes innovative cash-for-gold deal
Submitted by cpowell on Tue, 2020-02-25 20:54 Section: Daily DispatchesBy Aoyon Ashraf and Paula Sambo
Bloomberg News
Tuesday, February 24, 2020
New Gold Inc. surged after forming an unusual partnership with Ontario Teachers Pension Plan that gives the miner $300 million in exchange for selling a portion of the free cash flow from its flagship operation.
Pam and Russ Martens: Wall Street banks, insurers sell off, dangerously linked by derivative trades
Submitted by cpowell on Tue, 2020-02-25 13:02 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, February 26, 2020
JPMorgan eyes plan to tap Fed's discount window to break stigma
Submitted by cpowell on Tue, 2020-02-25 10:21 Section: Daily DispatchesDoes this sound like an economy or financial system that's in great shape?
* * *
By Christopher Condon and Shahien Nasiripour
Bloomberg News
Tuesday, February 25, 2020
Who smashed gold this afternoon? Let's 'round up the usual suspects'
Submitted by cpowell on Mon, 2020-02-24 19:39 Section: Daily Dispatches7:52p ET Monday, February 24, 2020
Dear Friend of GATA and Gold:
Somebody seems to have dumped a lot of gold derivatives on the market this afternoon, and Zero Hedge estimates it at $3 billion worth and attributes it to the Bank for International Settlements:
https://www.zerohedge.com/commodities/gold-suddenly-hammered-multi-billi...
Pages
