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Daily Dispatches

Strangle high-frequency trading with a small financial transactions tax

Section: Daily Dispatches

This proposal aims at "stock market trades" but should cover futures market trading too.

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From Public Citizen, Washington
Monday, September 16, 2019

WASHINGTON -- Most middle- and low-income families would pay little or nothing if Congress were to levy a 0.1% tax on stock market trades, according to a report Public Citizen issued today:

Interviewed in Australia, Jim Rickards covers next financial crisis and its 'Aftermath'

Section: Daily Dispatches

8:21p ET Sunday, September 15, 2019

Dear Friend of GATA and Gold:

Author, fund manager, and geopolitical strategist Jim Rickards last week promoted his new book, "Aftermath," in an interview in Australia with the managing director of SmallCaps.com.au, Filip Karinja, and discussed a variety of topics, including:

-- The next world financial crisis.

Investors warn gold miners to keep lid on ambitions

Section: Daily Dispatches

By Henry Sanderson and Neil Hume
Financial Times, London
Sunday, September 15, 2019

Gold miners are facing pressure from investors to keep their animal spirits in check as the precious metal trades at its highest levels in six years.

Strong U.S. dollar prompts speculation about Trump intervention

Section: Daily Dispatches

By Kate Davidson
The Wall Street Journal
Sunday, September 15, 2019

For decades U.S. currency policy was, in effect, to have no policy. Administrations seldom intervened in markets, advised other countries to do the same, and claimed a strong dollar was in the country's interest.

Andy Schectman: Gold and the art of financial war revisited

Section: Daily Dispatches

9:56p ET Saturday, September 14, 2019

Dear Friend of GATA and Gold:

Another BIS swap? Golden toilet stolen from Blenheim Palace

Section: Daily Dispatches

Man, 66, Arrested After L1 Million Golden Toilet Stolen from Blenheim Palace

By Jamie Johnson
The Telegraph, London
Saturday, September 14, 2019

A L1 million solid gold toilet has been stolen from Blenheim Palace in an audacious overnight burglary, police said today.

China and Russia are buying gold and don't care what it costs

Section: Daily Dispatches

By Myra P. Saefong
MarketWatch.com, New York
Friday, September 13, 2019

Emerging markets have beefed up gold holdings, undeterred by prices near their highest levels in more than six years, as countries such as Russia and China diversify their foreign-exchange reserves—a trend that is likely to continue.

Ted Butler: The case for a silver explosion is stronger than ever

Section: Daily Dispatches

7:22p ET Thursday, September 12, 2019

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler, interviewed today by Jim Cook of Investment Rarities, argues that the case for an explosion in the price of silver is stronger than ever.

Reuters exclusive: Morgan's head of gold trading put on leave amid probe

Section: Daily Dispatches

Two JPMorgan Metals Executives Put on Leave Amid U.S. Probe

By Peter Hobson, Lawrence Delevingne, and Koh Gui Qing
Reuters
Thursday, September 12, 2019

Two JPMorgan Chase & Co. employees, including a top metals trading executive, have been placed on leave in response to a U.S. criminal investigation into the bank's metals trading practices, according to a source familiar with the matter.

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