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Daily Dispatches
FT commentary admits that central bank intervention diminishes market fundamentals
Submitted by cpowell on Wed, 2019-10-02 12:20 Section: Daily Dispatches"Meanwhile, central bank intervention and a much-changed regulatory landscape have increased the importance of 'non-fundamental' investing -- investment decisions that are not grounded in an analysis of the value of an asset based on business or economic fundamentals."
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Why Buffett is wrong to dismiss the benefits of gold
By Paras Anand
Financial Times, London
Craig Hemke at Sprott Money: Infinite unbacked paper in futures market continues gold price suppression
Submitted by cpowell on Wed, 2019-10-02 11:44 Section: Daily Dispatches11:43a ET Wednesday, October 2, 2019
Dear Friend of GATA and Gold:
Too big to lend? JPMorgan cash hit Fed limits, roiling U.S. repos
Submitted by cpowell on Wed, 2019-10-02 11:17 Section: Daily DispatchesBy David Henry
Reuters
Tuesday, October 1, 2019
NEW YORK -- JPMorgan Chase & Co. has become so big that some rival banks and analysts say changes to its $2.7 trillion balance sheet were a factor in a spike last month in the U.S. "repo" market, which is crucial to many borrowers.
GATA board member Steer discusses huge October contract gold offtake, JPM indictments
Submitted by cpowell on Tue, 2019-10-01 11:45 Section: Daily Dispatches11:44a ET Tuesday, October 1, 2019
Dear Friend of GATA and Gold:
China's Golden Week holiday explains gold's counterintuitive weakness, Zero Hedge says
Submitted by cpowell on Mon, 2019-09-30 12:13 Section: Daily DispatchesIs This The Real Driver Of Gold's Recent Weakness?
From Zero Hedge, New York
Sunday, September 29, 2019
Pam and Russ Martens: The repo loan crisis, dead bankers, and Deutsche Bank
Submitted by cpowell on Mon, 2019-09-30 12:04 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, September 1, 2019
'Helicopter money' may be only weapon to confront next recession
Submitted by cpowell on Mon, 2019-09-30 11:34 Section: Daily DispatchesBy Tom Rees
The Telegraph, London
Monday, September 30, 2019
A radical world of "helicopter money" -- where central banks fund government spending -- is "inevitable" as policymakers run out of ammunition ahead of the next recession, top economists have warned.
Negative rates are rewriting the rules of modern finance
Submitted by cpowell on Mon, 2019-09-30 11:12 Section: Daily DispatchesBy Brandon Kochkodin
Bloomberg News
Monday, September 30,2019
Negative interest rates have quite literally broken one of the pillars of modern finance.
U.S. dollar share of global currency reserves hits lowest since 2013
Submitted by cpowell on Mon, 2019-09-30 11:00 Section: Daily DispatchesFrom Reuters
Monday, September 30, 2019
https://www.reuters.com/article/us-forex-reserves/u-s-dollar-share-of-gl...
What else could you possibly need to join GATA in New Orleans?
Submitted by cpowell on Sun, 2019-09-29 12:14 Section: Daily Dispatches12:12p ET Sunday, September 29, 2019
Dear Friend of GATA and Gold:
Wars and rumors of wars, negative interest rates, official clamor for currency devaluation, indictments of investment bank crooks, turbulent markets, expert analysis of investment opportunities, and oysters prepared a dozen ways -- what else could you possibly need to attend this year's New Orleans Investment Conference?