You are here
Daily Dispatches
Steer's Gold and Silver Digest letter for Saturday posted at GoldSeek
Submitted by cpowell on Mon, 2020-03-09 10:23 Section: Daily Dispatches10:25a ET Monday, March 9, 2020
Dear Friend of GATA and Gold:
Saturday's edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "21 Tonnes of Gold Deposited Into GLD on Friday," is posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1583770271.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
New York Fed increases repo lending by 50%
Submitted by cpowell on Mon, 2020-03-09 08:42 Section: Daily DispatchesFed Increases Short-Term Funding to Keep Lending Markets Stable
By Nick Timiraos
The Wall Street Journal
Monday, March 9, 2020
The Federal Reserve Bank of New York said today it will increase the amount of very short-term loans it has been offering to money markets amid a widening market rout.
Tomorrow at least may end the pretense of a market economy
Submitted by cpowell on Sun, 2020-03-08 23:15 Section: Daily Dispatches11:23p ET Sunday, March 8, 2020
Dear Friend of GATA and Gold:
Northman Trader's clear-eyed founder, market analyst, and longtime skeptic, Sven Henrich, writes tonight that the astounding volatility in the financial markets is "screaming" at governments and central banks: "Intervene now!":
Ambrose Evans-Pritchard: Complacent governments will be torn to shreds as virus reshapes global order
Submitted by cpowell on Sun, 2020-03-08 20:57 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Sunday, March 8, 2020
https://www.telegraph.co.uk/business/2020/03/08/complacent-governments-w...
USAGold's 'News & Views': Hedging the decline and fall of a currency
Submitted by cpowell on Sun, 2020-03-08 19:50 Section: Daily Dispatches7:52p ET Sunday, March 8, 2020
Dear Friend of GATA and Gold:
USAGold's newsletter, "News & Views," has a special edition today taking as its subject a new novel, "The Burning Stone" by Jack Whyte, which makes a point about the constant debasement of government currencies, viewed from the time of the Roman occupation of Britain.
Saudi Arabia launches oil price war after Russia deal collapse
Submitted by cpowell on Sun, 2020-03-08 12:39 Section: Daily DispatchesBy Anjli Raval, David Sheppard, and Derek Brower
Financial Times, London
Sunday, March 8, 2020
Saudi Arabia has launched an aggressive oil price war targeting its biggest rivals after Russia refused to join production cuts with OPEC, in a move that threatens to swamp the crude market with supplies just as the coronavirus outbreak hits demand.
... Dispatch continues below ...
How a fault that stretches from the Yukon to interior Alaska slides Canadian gold into the state
Submitted by cpowell on Sat, 2020-03-07 22:23 Section: Daily DispatchesBy Ned Rozell
Anchorage Daily News
Saturday, March 7, 2020
Nate Becker lives with his family on a quiet stretch of the Yukon River as it flows into Alaska. On a recent ski trip, I visited the Beckers' home along with two geologist friends. Nate had a question for them.
Lebanon to default on dollar-denominated debt
Submitted by cpowell on Sat, 2020-03-07 19:49 Section: Daily DispatchesAvantika Chilkoti
The Wall Street Journal
Saturday, March 7, 2020
Lebanon said it would default on its dollar-denominated debt, intensifying the Middle Eastern state’s financial turmoil and setting up a possibly messy negotiation with foreign investors.
Alasdair Macleod: Will Brexit and coronavirus end the EU?
Submitted by cpowell on Sat, 2020-03-07 11:18 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, March 5, 2020
Daily Reckoning's Brian Maher: Did the Fed bail out the market Friday?
Submitted by cpowell on Sat, 2020-03-07 10:59 Section: Daily DispatchesBy Brian Maher
The Daily Reckoning, Baltimore
Friday, March 6, 2020
This Tuesday we vented the theory that the Federal Reserve has been sneakily -- and illegally -- purchasing stocks.
Citing Graham Summers, senior market strategist at Phoenix Capital Research:
Pages
