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Daily Dispatches
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.
Sprott completes acquisition of Tocqueville Gold management and funds
Submitted by cpowell on Sat, 2020-01-18 09:54 Section: Daily DispatchesSprott Completes Acquisition of Tocqueville Gold Strategies and Provides Preliminary Assets-Under-Management Update
Company Announcement
via Globe Newswire, Los Angeles
Friday, January 17, 2020
J.P. Koning: The shrinking window for anonymous exchange
Submitted by cpowell on Fri, 2020-01-17 15:41 Section: Daily Dispatches3:40p ET Friday, January 17, 2020
Dear Friend of GATA and Gold:
Financial privacy is being reduced throughout Europe, Bullion Star's J.P. Koning writes today, in large part in the name of preventing terrorism. But, he adds, it's hard to tell how effective the restrictions on privacy are and whether the loss of privacy is worthwhile.
Pam and Russ Martens: How the fake unemploymenet number was created to subdue anger at Wall Street
Submitted by cpowell on Fri, 2020-01-17 12:15 Section: Daily Dispatches12:15p ET Friday, January 17, 2020
Dear Friend of GATA and Gold:
Ted Butler: The genius of JPMorganChase
Submitted by cpowell on Thu, 2020-01-16 21:18 Section: Daily DispatchesBy Ted Butler
Thursday, January 16, 2020
This week JPMorgan Chase, the largest bank in the United States, reported record earnings of $8.5 billion for the fourth quarter and roughly $35 billion for the full year. These are net profits, after all expenses and costs are subtracted from gross revenues. It is no understatement to call JPMorgan a profit-generating machine.
Trump to nominate a critic and an insider to Federal Reserve
Submitted by cpowell on Thu, 2020-01-16 19:50 Section: Daily DispatchesBy Jeanna Smialek
The New York Times
Thursday, January 16, 2020
WASHINGTON — President Trump said today he would formally nominate Judy Shelton and Christopher Waller to the Federal Reserve's Board of Governors, about six months after Mr. Trump said he intended to add the two to the central bank.
Pam and Russ Martens: New York Fed considers becoming sugar daddy to hedge funds as their distress grows
Submitted by cpowell on Thu, 2020-01-16 11:12 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, January 16, 2020