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Daily Dispatches
Last of the gold price suppression deniers defends his client central banks
Submitted by cpowell on Sat, 2019-08-24 11:07 Section: Daily Dispatches11:12a ET Saturday, August 24, 2019
Dear Friend of GATA and Gold:
While most market analysts who have denied central bank and government intervention against gold have long since gone silent on the issue, Managing Partner Jeff Christian of metals consultancy CPM Group continues to disparage such complaints as "conspiracy theory."
Wild events, options expiration hint at short squeeze in silver, Turk tells KWN
Submitted by cpowell on Sat, 2019-08-24 10:32 Section: Daily Dispatches10:34a ET Saturday, August 24, 2019
Dear Friend of GATA and Gold:
Wild events internationally and futures option expiration next week raise the possibility of a short squeeze in silver next week, GoldMoney founder and GATA consultant James Turk told King World News yesterday.
In Silver Doctors interview, Ted Butler notes latest JPM confession and 'whale' going long
Submitted by cpowell on Fri, 2019-08-23 23:04 Section: Daily Dispatches11p ET Friday, August 23, 2019
Dear Friend of GATA and Gold:
Bank of England governor urges crypto reserve currency to end dollar dominance
Submitted by cpowell on Fri, 2019-08-23 17:56 Section: Daily DispatchesAnything but gold -- right, Governor?
* * *
By Brian Swint
Bloomberg News
Friday, August 23, 2019
Bank of England Governor Mark Carney today laid out a radical proposal for an overhaul of the global financial system that would eventually replace the dollar as a reserve currency with a Libra-like virtual one.
This year more than ever, gold and silver investors should join GATA in New Orleans
Submitted by cpowell on Fri, 2019-08-23 11:06 Section: Daily Dispatches11:05a ET Friday, August 23, 2019
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and your secretary/treasurer again will be speaking at the New Orleans Investment Conference this year, and in the letter below the conference's organizer, Gold Newsletter Editor Brien Lundin, explains why you should join us there.
Thom Calandra boosts his subscription offer to GATA supporters
Submitted by cpowell on Fri, 2019-08-23 11:01 Section: Daily Dispatches11a ET Friday, August 23, 2019
Dear Friend of GATA and Gold:
Dave Kranzler: Somebody else, not ETFs, took most gold sent to London from Switzerland in July
Submitted by cpowell on Thu, 2019-08-22 11:39 Section: Daily Dispatches11:35a ET Thursday, August 22 2019
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics in Denver discloses today that Switzerland's unusual export of 90 tonnes of gold to London in July must have involved a lot more than acquisitions by gold exchange-traded funds, the explanation offered by Bloomberg News. (See http://www.gata.org/node/19371)
China eases restrictions on gold imports, sources tell Reuters
Submitted by cpowell on Thu, 2019-08-22 11:19 Section: Daily DispatchesBy Peter Hobson and Yawen Chen
Reuters
Thursday, August 22, 2019
China has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering the country since May.
Stubbornly strong dollar prompts talk of U.S. attack on China's currency
Submitted by cpowell on Thu, 2019-08-22 10:33 Section: Daily DispatchesBy Eva Szalay
Financial Times, London
Thursday, August 22, 2019
Top Chinese bankers in London are warning of the drama that would follow any U.S. attempt to weaken the dollar by intervening in renminbi markets -- a move that would be seen by Beijing as a "political act."
Indian farmers reminded that gold is always as good as money
Submitted by cpowell on Thu, 2019-08-22 10:06 Section: Daily DispatchesIndians Pawning the Family Gold Amid Credit Crunch
By Rajendra Jadhav and Nupur Anand
Reuters
Thursday, August 22, 2019
Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices -- he pawned his wife's gold jewelry.