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Daily Dispatches
Have these men found a forgotten road to lost Spanish gold mines in Ecuador?
Submitted by cpowell on Fri, 2020-02-07 13:56 Section: Daily DispatchesBy Jim Wyss
Miami Herald
Thursday, February 6, 2020
Stefan Ansermet was deep in Ecuador's tangled southeastern jungles, a hard two-day hike from the nearest village, when he stumbled into a clearing. The change in vegetation was so subtle that everyone else on his team tromped straight through, unaware. But Ansermet was intrigued.
USAGold's February 'News & Views' letter is up
Submitted by cpowell on Fri, 2020-02-07 13:39 Section: Daily Dispatches1:42p ET Friday, February 7, 2020
Dear Friend of GATA and Gold:
Pam and Russ Martens: The Fed has a dangerous repo problem, as the charts show
Submitted by cpowell on Fri, 2020-02-07 13:20 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Friday, February 7, 2020
On both days this week that the New York Fed offered its $30 billion in 14-day repo loans to 24 trading houses on Wall Street, there was far more demand than the New York Fed had preannounced it would provide.
New book, 'Rigged,' credits GATA as it details currency market manipulation
Submitted by cpowell on Thu, 2020-02-06 12:31 Section: Daily Dispatches12:33p ET Thursday, February 6, 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.
Pam and Russ Martens: JPMorgan is under a fourth criminal probe following three convictions
Submitted by cpowell on Thu, 2020-02-06 12:28 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, February 6, 2020
Craig Hemke at Sprott Money: How will pro-gold and silver fund managers invest?
Submitted by cpowell on Wed, 2020-02-05 12:40 Section: Daily Dispatches12:40p ET Wednesday, February 5, 2020
Dear Friend of GATA and Gold:
Fund managers who say they see great prospects for the monetary metals, the TF Metals Report's Craig Hemke writes at Sprott Money today, could fulfill their prophecies simply by purchasing real metal instead of empty derivatives. There isn't enough real metal to absorb major investment interest, Hemke writes.
Great as gold is, you still can't take it with you
Submitted by cpowell on Wed, 2020-02-05 12:08 Section: Daily Dispatches'I Felt Like a Pirate in a Grotto': Gold Coins Found in Hoarder's Cottage Fetch L80,000
By Steven Morris
The Guardian, London
Wednesday, February 5, 2020
John Rolfe had no expectations of finding anything valuable when he arrived at a ramshackle two-up, two-down cottage tucked away in a remote West Country valley.
Barrick Gold chief hits fund managers over new-found social focus
Submitted by cpowell on Wed, 2020-02-05 11:57 Section: Daily DispatchesBy Neil Hume
Financial Times, London
Wednesday, February 5, 2020
https://www.ft.com/content/51c3cfe4-473f-11ea-aeb3-955839e06441
CAPE TOWN, South Africa -- Mark Bristow, the tough-talking boss of Barrick Gold, has lashed out at the fund management industry and its new-found focus on social and ethical investing.
JPMorgan's role in metals spoofing said to be under criminal probe
Submitted by cpowell on Wed, 2020-02-05 11:24 Section: Daily DispatchesFrom Bloomberg Law, New York
Wednesday, February 5, 2020
U.S. authorities that accused six JPMorgan Chase & Co. employees of rigging precious-metals futures are building a criminal case against the bank itself, two people familiar with the situation said.
Venezuelan banks begin storing dollars and euros amid Maduro's liberalization, sources tell Reuters
Submitted by cpowell on Tue, 2020-02-04 13:31 Section: Daily DispatchesBy Corina Pons and Mayela Armas
Reuters
Tuesday, February 4, 2020
CARACAS, Venezuela -- At least half a dozen Venezuelan banks have begun storing in vaults millions of dollars and euros accumulated in cash by businesses during an unexpected economic liberalization by President Nicolas Maduro, according to sources.