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Daily Dispatches

Palladium is now more expensive than gold has ever been

Section: Daily Dispatches

By Elena Maznev
Bloomberg News
Thursday, December 12, 2019

Palladium rose for a 15th day, heading for its longest run of gains on record and exceeding the highest-ever price of gold.

JPMorgan advises shorting gold

Section: Daily Dispatches

JPMorgan Top 2020 Trades Say Short Gold, Buy Raft of Stocks

By Joanna Ossinger
Bloomberg News
Thursday, December 12, 2019

JPMorgan Chase & Co. is recommending a risk-on investment allocation for 2020 as the global economy gathers momentum in the wake of the slowdown of recent months.

Turkey wants the world's gold, with few questions asked

Section: Daily Dispatches

By Cagan Koc and Ercan Ersoy
Bloomberg News
Wednesday, December 11, 2019

Turkey is putting the finishing touches on a plan to loosen rules that govern the import of gold to one of the world's biggest consumers of the precious metal.

Stefan Gleason: Gold ETF holdings surge, but do they actually hold gold?

Section: Daily Dispatches

By Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Tuesday, December 10, 2019

Gold-linked exchange-traded products are growing in popularity with investors. Assets held by gold ETFs have grown 38 percent globally in 2019.

Cases of fine American wine await three GATA supporters -- maybe you?

Section: Daily Dispatches

But you must reply by December 31.

* * *

10p ET Tuesday, December 10, 2019

Dear Friend of GATA and Gold:

Can the chance of winning a great prize induce you to support a great cause?

Two thoughtful friends of GATA -- one a leading bullion U.S. dealer, the other a well-regarded U.S. winery -- have joined forces to bring our supporters a juicy year-end offer:

Craig Hemke at Sprott Money: An early look at gold in 2020

Section: Daily Dispatches

9:50p ET Tuesday, December 10, 2019

Dear Friend of GATA and Gold:

Looking toward the new year, the TF Metals Report's Craig Hemke, writing at Sprott Money, foresees much more debt issuance amid a contracting economy, causing central banks to increase their asset purchases and debt monetization. This, Hemke says, will be good for gold prices.

Load up on debt now, since it all may be written off soon

Section: Daily Dispatches

A 5,000-Year-Old Plan to Erase Debts Is Now a Hot Topic in America

By Ben Holland
Bloomberg News
Tuesday, December 10, 2019

In ancient Babylon, a newly enthroned king would declare a jubilee, wiping out the population’s debts. In modern America, a faint echo of that idea -- call it jubilee-lite -- is catching on.

Pam and Russ Martens: NYTimes ignores new Wall Street bailout

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Tuesday, December 20, 2019

Claudio Grass: Negative rates destroy the value of time, and civilization is next

Section: Daily Dispatches

2:40p ET Tuesday, December 10, 2019

Dear Friend of GATA and Gold:

Negative interest rates, Swiss monetary metals analyst Claudio Grass writes profoundly today, destroy more than money. They also destroy the value of time itself and presage the destruction of Western civilization.

Will there be a bid for Detour Gold to rival Kirkland Lake's?

Section: Daily Dispatches

Kirkland Lake CEO Sees No Need to Raise Detour Gold Bid After Stock Tops Purchase Price

By Gabriel Friedman
National Post, Toronto
Tuesday, December 10, 2019

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