Daily Dispatches

Interventions against monetary metals are losing impact, GATA secretary says

Submitted by cpowell on Sat, 2019-10-26 10:23 Section: Daily Dispatches

10:24a ET Saturday, October 26, 2019

Dear Friend of GATA and Gold:

In an interview this week with Mike Gleason of Money Metals Exchange, your secretary/treasurer remarks that the usual government-inspired smashdowns in the gold and silver markets seem to be losing their impact.

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New York Sun: How can Congress lecture Facebook's Zuckerberg about money?

Submitted by cpowell on Sat, 2019-10-26 10:11 Section: Daily Dispatches

From the New York Sun
Saturday, October 26, 2019

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Ronan Manly: Wag the dog -- the new Comex and Shanghai gold contracts

Submitted by cpowell on Fri, 2019-10-25 10:50 Section: Daily Dispatches

10:49a ET Friday, October 25, 2019

Dear Friend of GATA and Gold:

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India's central bank seems to be selling gold in currency interventions

Submitted by cpowell on Fri, 2019-10-25 10:32 Section: Daily Dispatches

Reserve Bank of India Has Begun to Sell Some of Its Gold Again

By Gayatri Nayak
The Times of India, Mumbai
Friday, October 25, 2019

https://economictimes.indiatimes.com/markets/commodities/news/rbi-has-be...

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Pam and Russ Martens: Fed ups Wall Street bailout to $690 billion a week as media, Congress snooze

Submitted by cpowell on Thu, 2019-10-24 12:32 Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Thursday, October 24, 2019

Yesterday the Federal Reserve Bank of New York announced that the giant money spigot it turned on for Wall Street on September 17 would be growing exponentially beginning today.

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Global banks, funds call for more capital from derivatives clearinghouses

Submitted by cpowell on Thu, 2019-10-24 10:53 Section: Daily Dispatches

By David Henry
Reuters
Thursday, October 24, 2019

NEW YORK -- Four global banks and five big fund managers today called on international regulators to require for-profit derivatives clearinghouses to put up more of their own capital to protect against cascading losses that could rock the world financial system.

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The deadly cities of gold beneath Johannesburg

Submitted by cpowell on Thu, 2019-10-24 10:37 Section: Daily Dispatches

By Christopher Clark
The Guardian, London
Thursday, October 24, 2019

JOHANNESBURG, South Africa -- As he prepares to descend an abandoned mineshaft in Roodeport, a Johannesburg suburb, Fix, a sinewy informal goldminer from Lesotho, recounts stories of subterranean gun battles and unearthing the scattered bones of those who came before him.