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Daily Dispatches
Why not call the BIS before contriving explanations for gold's direction?
Submitted by cpowell on Wed, 2020-01-22 21:41 Section: Daily Dispatches9:50p ET Wednesday, January 22, 2020
Dear Friend of GATA and Gold:
Practially every day prompts those who consider themselves market analysts to contrive explanations for movements in the gold price, no matter how implausible.
Zaner Metals in Chicago attributed today's slight decline in the gold price to concerns about the new virus that has appeared in China:
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New book, 'Rigged,' credits GATA as it explains currency market manipulation
Submitted by cpowell on Wed, 2020-01-22 11:13 Section: Daily Dispatches11:13a ET Wednesday, January 22, 2020
Dear Friend of GATA and Gold:
Our friend the veteran journalist, editor, and writer Stuart Englert has just published a book about the manipulation of the monetary metals markets -- "Rigged: Exposing the Largest Financial Fraud in History" -- in which he extensively credits GATA's work.
Jan Nieuwenhuijs: GLD -- a crash course
Submitted by cpowell on Wed, 2020-01-22 10:31 Section: Daily Dispatches10:30a ET Wednesday, January 22, 2020
Dear Friend of GATA and Gold:
Explaining today the mechanics of the exchange-traded gold fund GLD, Voima Gold researcher Jan Nieuwenhuijs writes that the fund is full of counterparty risk, the avoidance of which is a primary reason for owning gold.
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Craig Hemke at Sprott Money: The magic palladium bullet in 2020
Submitted by cpowell on Tue, 2020-01-21 15:28 Section: Daily Dispatches3:29p ET Tuesday, January 21, 2020
Dear Friend of GATA and Gold:
Pam and Russ Martens: Wall Street is a fraud-monetization system with a money-printing unit called the NY Fed
Submitted by cpowell on Tue, 2020-01-21 11:42 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, January 21, 2020
Sen. Bernie Sanders has come closer than anyone on the presidential campaign trail in defining what Wall Street actually does. Sanders has repeatedly stated at his rallies that "the business model of Wall Street is fraud."
China's gold consumption falls on high prices, economic slowdown
Submitted by cpowell on Tue, 2020-01-21 10:55 Section: Daily DispatchesIf you believe that China scrupulously reports all gold it acquires.
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By Tom Daly
Reuters
Tuesday, January 21, 2020
Pam and Russ Martens: Here's why the New York Fed doesn't want you to see its Wall Street-esque trading floor
Submitted by cpowell on Mon, 2020-01-20 12:43 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, January 20, 2020
ECB struggles to ease consumer perception of high inflation
Submitted by cpowell on Sun, 2020-01-19 11:37 Section: Daily DispatchesBy Martin Arnold
Financial Times, London
Sunday, January 19, 2020
Sebastian Werner's family farm has had a weekly stall selling its apples, berries and honey beside the 1,000-year-old cathedral in the German town of Mainz since the 1970s -- but in the past few years he has noticed a worrying shift.
Ed Steer's Gold & Silver Digest letter for Friday posted at GoldSeek
Submitted by cpowell on Sat, 2020-01-18 20:43 Section: Daily Dispatches8:45p ET Saturday, January 18, 2020
Dear Friend of GATA and Gold:
The Friday edition of GATA board member Ed Steer's Gold & Silver Digest letter, headlined "Palladium Melts Up," is posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1579461211.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Venezuela's cash below $1 billion with gold locked up
Submitted by cpowell on Sat, 2020-01-18 13:50 Section: Daily DispatchesBy Patricia Laya and Alex Vasquez
Bloomberg News
Friday, January 17, 2020
Venezuela's international reserves, already at a 30-year low, have hit a grim new milestone as cash holdings fall below $1 billion amid crippling economic sanctions.