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Daily Dispatches
EU fines Barclays, Citi, JPMorgan, MUFG, and RBS $1.2 billion for FX rigging
Submitted by cpowell on Thu, 2019-05-16 09:20 Section: Daily DispatchesBy Foo Yun Chee
Reuters
Thursday, May 16, 2019
BRUSSELS, Belgium -- The European Union today fined Barclays, Citigroup, JP Morgan, MUFG, and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) for rigging the multi-trillion dollar foreign exchange market.
If they wise up, gold investors can beat price suppression, GATA secretary says
Submitted by cpowell on Wed, 2019-05-15 16:57 Section: Daily Dispatches5:03p ET Wednesday, May 15, 2019
Dear Friend of GATA and Gold:
In the second part of his recent interview with GoldCore's Mark O'Byrne, your secretary/treasurer discusses:
-- The counterintuitive movements in the gold price that are caused by surreptitious government interventions.
-- The silly explanations for these counterintuitive movements that are contrived by market analysts.
Craig Hemke at Sprott Money: Recalling 2010
Submitted by cpowell on Tue, 2019-05-14 16:01 Section: Daily Dispatches4p ET Tuesday, May 14, 2019
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing at Sprott Money today, explains why he is more persuaded that 2019 will follow 2010's pattern of a shakeout in the monetary metals followed by a sharp rally. His analysis is headlined "Recalling 2010" and it's posted at Sprott Money here:
GATA's Ed Steer discusses Chilton's admission, commodity price control
Submitted by cpowell on Tue, 2019-05-14 09:46 Section: Daily Dispatches9:45a ET Tuesday, May 14, 2019
Dear Friend of GATA and Gold:
Dave Kranzler: Fed is losing control of rates, then may lose control of gold too
Submitted by cpowell on Tue, 2019-05-14 09:05 Section: Daily Dispatches9:05a ET Tuesday, May 14, 2019
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics in Denver explains today why a big move up in the monetary metals may be at hand at last.
Counterparty risk soaring and will propel gold, Turk tells KWN
Submitted by cpowell on Mon, 2019-05-13 18:31 Section: Daily Dispatches6:30p ET Monday, May 13, 2019
Dear Friend of GATA and Gold:
Counterparty risk in the financial markets is rising fast, GoldMoney founder James Turk tells King World News today, and likely will cause a breakout in the monetary metals.
USAGold's 'News & Views' letter for May
Submitted by cpowell on Mon, 2019-05-13 12:33 Section: Daily Dispatches12:33p ET Monday, May 13, 2019
Dear Friend of GATA and Gold:
USAGold's 'News & Views' letter for May, edited by Mike Kosares, covers many topics of interest to gold investors, including:
-- The economist John Exter's pyramidic chart of global liquidity, in which gold is superior.
Is US-China trade war eroding U.S. dollar dominance?
Submitted by cpowell on Mon, 2019-05-13 09:21 Section: Daily DispatchesBy Karen Yeung
South China Morning Post, Hong Kong
Monday, May 13, 2019
The contemplation by Asian finance leaders to add the Chinese and Japanese currencies to a regional foreign reserves buffer fund is the latest sign that the trade war is causing countries to slowly move away from dependence on the U.S. dollar.
Ed Steer: Short sellers run rampant in the precious metals stocks
Submitted by cpowell on Mon, 2019-05-13 00:48 Section: Daily Dispatches12:47a ET Monday, May 13, 2019
Dear Friend of GATA and Gold:
GATA board member Ed Steer's Gold & Silver Digest letter, headlined "Short Sellers Run Rampant in the Precious Metals Stocks," has been posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1557694755.php#disqus_thread
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Egon von Greyerz: Prepare now for the elites' nightmare endgame
Submitted by cpowell on Sun, 2019-05-12 20:50 Section: Daily Dispatches8:49p ET Sunday, May 12, 2019
Dear Friend of GATA and Gold:
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