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Daily Dispatches
Pam and Russ Martens: It's official -- JPMorgan is riskiest big bank in U.S.
Submitted by cpowell on Mon, 2019-11-25 11:42 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, November 25, 2019
Poland repatriates gold 'to show strength of its economy'
Submitted by cpowell on Mon, 2019-11-25 11:15 Section: Daily DispatchesPoland Repatriates 100 Tons of Gold From Bank of England Storage
Marek Strzelecki and Dorota Bartyzel
Bloomberg News
via Yahoo News
Monday, November 25, 2019
https://www.yahoo.com/finance/news/poland-repatriates-100-tons-gold-1530...
Kirkland Lake Gold to buy Detour Gold for $3.7 billion
Submitted by cpowell on Mon, 2019-11-25 10:51 Section: Daily DispatchesBy Joe Deaux and Thomas Biesheuvel
Bloomberg News
Monday, November 25, 2019
Canada's Kirkland Lake Gold Ltd. headed for the biggest slump in Toronto trading in more than four years after announcing a C$4.9 billion ($3.7 billion) agreement to buy Detour Gold Corp.
In Kitco interview, 'analyst' marvels dumbly at lethargy of gold price
Submitted by cpowell on Sat, 2019-11-23 11:47 Section: Daily Dispatches11:51a ET Saturday, November 23, 2019
Dear Friend of GATA and Gold:
Kitco yesterday quoted a "senior market strategist" expressing cluelessness about the recent lethargy of the gold price. The report was headlined "Gold Price Has 'Every Reason in the World to Rally'; Why Isn't It?" and it can be found here:
If not for GATA, what would you really know about gold?
Submitted by cpowell on Sat, 2019-11-23 09:10 Section: Daily Dispatches9:11a ET Saturday, November 23, 2019
Dear Friend of GATA and Gold:
Romanian president stalls repatriation of gold reserves
Submitted by cpowell on Fri, 2019-11-22 11:34 Section: Daily DispatchesFrom Romania Journal, Bucharest
Wednesday, November 20, 2019
President Klaus Iohannis has sent back to Parliament the law on gold repatriation initiated by the former Social Democratic Party leader Liviu Dragnea and by the party's Sen. Serban Nicolae. The law says Romania's gold reserves deposited abroad should be stored in the country.
... Dispatch continues below ...
Ted Butler: A genuine dilemma
Submitted by cpowell on Fri, 2019-11-22 11:24 Section: Daily Dispatches11:25a ET Friday, November 22, 2019
Dear Friend of GATA and Gold:
Patrick Heller: 'Paper' gold can be risky business
Submitted by cpowell on Fri, 2019-11-22 10:45 Section: Daily DispatchesBy Patrick Heller
Numismatic News, Iola, Wisconsin
Thursday, November 21, 2019
Owning "paper" gold is not the same as possessing physical gold. Even though prices of both forms of gold ownership are currently the same, they will not necessarily be equal down the road.
Venezuela's paper currency is worthless, so its people seek virtual gold
Submitted by cpowell on Fri, 2019-11-22 10:34 Section: Daily DispatchesFrom The Economist, London
Thursday, November 22, 2019
Corruption, incompetence, and sanctions have devastated Venezuela's oil industry, the country's main source of hard currency. But Venezuela's economic crisis has encouraged the growth of another: the "farming" of virtual gold in the artificial worlds created by video games.
Glint Pay, gold payment start-up, is rescued by investors
Submitted by cpowell on Fri, 2019-11-22 10:27 Section: Daily DispatchesBy Daniel Thomas
Financial Times, London
Thursday, November 21, 2019
A UK start-up that lets customers buy and use gold for everyday spending has been saved from administration by its management and investors.
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