You are here

Daily Dispatches

As Fed buys everything but gold mines, subscribe to The Calandra Report and help GATA

Section: Daily Dispatches

9:32p ET Thursday, April 9, 2020

Dear Friend of GATA and Gold:

While the Federal Reserve is showering the world with essentially infinite money and buying nearly everything in sight, it has not yet gotten around to century-old Chinese railroad bonds, bridges in Brooklyn, and shares of gold and silver mining companies.

USAGold's 'News & Views' letter on the crisis-ready investment portfolio

Section: Daily Dispatches

6:17p ET Thursday, April 9, 2020

Dear Friend of GATA and Gold:

The new edition of USAGold's "News & Views" letter examines the impact of the worldwide virus epidemic on governments and financial systems and the possibility that the epidemic will change the world order. The letter is headlined "The Crisis-Ready Investment Portfolio" and it's posted at USAGold here:

LBMA insists gold shortgage is just a shipping problem

Section: Daily Dispatches

Charter Flights Insured to Ship Gold to Ease Supply Logjam, LBMA Says

By Peter Hobson
Reuters
Thursday, April 9, 2020

LONDON -- Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion Market Association said today.

Gold contracts default, deliveries rationed in London, trader Maguire says

Section: Daily Dispatches

3:07p ET Thursday, April 9, 2020

Dear Friend of GATA and Gold:

In extended comments given this week for a weekly promotional video for Kinesis Money, London metals trader Andrew Maguire reviews in detail the ongoing collapse of the fractional-reserve gold banking system based in London.

While Maguire's topic is complicated, this seems to be the essence of his remarks:

Ronan Manly: Bullion bank nightmare as LBMA-Comex spread blows up again

Section: Daily Dispatches

9:21a ET Thursday, April 9, 2020

Dear Friend of GATA and Gold:

In Daily Coin interview, GATA secretary says gold is the secret knowledge of the financial universe

Section: Daily Dispatches

3:22p ET Wednesday, April 8, 2020

Dear Friend of GATA and Gold:

Interviewed today by The Daily Coin's Rory Hall, your secretary/treasurer explains why gold is the secret knowledge of the financial universe, the determinant of the price of all capital, labor, goods, and services in the world, which is why governments long have been striving to control it.

Craig Hemke at Sprott Money: A crisis of confidence endures with gold futures

Section: Daily Dispatches

8:36p ET Tuesday, April 7, 2020

Dear Friend of GATA and Gold:

Gold markets again haunted by signs of dislocation

Section: Daily Dispatches

Comex was just rescued with gold from JPMorgan.

* * *

By Justina Vasquez and Elena Mazneva
Bloomberg News
Tuesday, April 7, 2020

Gold prices that usually move in lockstep are diverging again, reviving fears of impending turmoil just a couple of weeks after the last bout of panic.

Pages