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Daily Dispatches
Pam and Russ Martens: Stock exposure has exploded at JPMorgan's federally-insured bank
Submitted by cpowell on Tue, 2020-01-07 20:10 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, January 7, 2020
Federally-insured banks are not supposed to be making large speculations in the stock market. They are supposed to be using bank deposits to make loans to worthy businesses and consumers to help grow the U.S. economy and keep the United States competitive on the global stage.
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Why U.S.-Iran tensions are not a good reason to buy gold
Submitted by cpowell on Tue, 2020-01-07 12:45 Section: Daily DispatchesBy Myra P. Saefond
MarketWatch.com, New York
Monday, January 6, 2020
Gold's haven appeal amid mounting U.S.-Iran tensions and uncertainty in the Middle East could turn sour following the precious metal's recent price rally to near seven year highs.
Gold 'overbought'? Yes, insofar as 95% of what people think they own doesn't exist
Submitted by cpowell on Mon, 2020-01-06 20:22 Section: Daily DispatchesBut not because of trading data when central banks are surreptitiously manipulating the market.
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Gold Has Been This Overbought Only Three Times in Two Decades
By Ye Xie
Bloomberg News
Monday, January 6, 2020
https://www.bloomberg.com/news/articles/2020-01-06/gold-has-been-this-ov...
Jan Nieuwenhuijs: The East-West ebb and flood of gold
Submitted by cpowell on Mon, 2020-01-06 11:43 Section: Daily Dispatches11:40a ET Monday, January 6, 2020
Dear Friend of GATA and Gold:
Asia tends to buy gold when it's on sale, with the aim of long-term accumulation, Voima Gold researcher Jan Nieuwenhuijs writes today, while the West tends to buy it when the price is rising with the aim of hedging against short-term financial disturbances.
'We must get a winner one day': Why it might be tomorrow
Submitted by cpowell on Sun, 2020-01-05 23:27 Section: Daily Dispatches11:35p ET Sunday, January 5, 2020
Dear Friend of GATA and Gold:
Our friend B.A. tonight challenges optimism among gold and silver investors that the latest crisis in the Middle East will explode Western central banking's longstanding gold price suppression policy.
USAGold's News & Views letter for January notes a good year for the monetary metal
Submitted by cpowell on Sun, 2020-01-05 15:17 Section: Daily Dispatches3:16p ET Sunday, January 5, 2020
Dear Friend of GATA and Gold:
USAGold's News & Views letter for January, posted today, notes that gold did well in 2019, nearly equaling the performance of the Dow Jones Industrial Average, and market analysts increasingly are recommending that investors take a position in the monetary metal. The January edition of News & Views is posted here:
Dave Kranzler: The Comex is a complete joke
Submitted by cpowell on Sun, 2020-01-05 14:19 Section: Daily DispatchesBy Dave Kranzler
Investment Research Dynamics, Denver
Sunday, January 5, 2020
Ronan Manly: LBMA misleads on gold vaulted in London
Submitted by cpowell on Sat, 2020-01-04 11:22 Section: Daily Dispatches11:22a ET Saturday, January 4, 2020
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly today finds terribly misleading this week's announcement by the London Bullion Market Association that a record amount of gold is being vaulted by members of the London Bullion Market Association and the Bank of England.
Pam and Russ Martens: Doomsday machine returns with Citibank's credit default swaps
Submitted by cpowell on Fri, 2020-01-03 13:29 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Friday, January 3, 2020
Lily Tomlin is credited with the quote: "No matter how cynical you get, it is impossible to keep up." Wall Street regularly brings that message home.
Overwhelming demand for U.S. dollars ... in Venezuela
Submitted by cpowell on Fri, 2020-01-03 13:03 Section: Daily DispatchesVenezuela's Latest Problem Is There Are Now Too Many Dollars
By Patricia Laya and Nicolle Yapur
Bloomberg News
Friday, January 3, 2020
U.S. dollars are everywhere in Venezuela, and suddenly that's a problem.
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