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Daily Dispatches
Pam and Russ Martens: Is there a stealth financial crisis? Alarms are ringing
Submitted by cpowell on Thu, 2019-07-11 13:32 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, July 11, 2019
Shhh! Don't wake the Wall Street bank regulators from their decade-long slumber to whisper in their ear that the same critical signs they ignored in 2007 and early 2008 are rearing their ugly heads again.
London's gold market is more liquid than bonds, LBMA says
Submitted by cpowell on Thu, 2019-07-11 12:28 Section: Daily DispatchesBut of course, since it's infinite paper.
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By Peter Hobson
Reuters
Thursday, July 11, 2019
LONDON -- London's gold market is much more liquid than government or corporate bonds, the London Bullion Market Association said today, presenting new figures it said meant gold should not be subject to tough new liquidity rules.
Dave Kranzler: Fed chairman fails the gold standard test
Submitted by cpowell on Thu, 2019-07-11 11:23 Section: Daily Dispatches11:24a ET Thursday, July 11, 2019
Dear Friend of GATA and Gold:
Judy Shelton: We need a reliable measure of value -- across borders and through time
Submitted by cpowell on Thu, 2019-07-11 11:06 Section: Daily DispatchesGee -- What does that sound like?
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Forget 'Hawks" and 'Doves.' We Need a Level Monetary Playing Field
By Judy Shelton
The Washington Post
Thursday, July 11, 2019
https://www.washingtonpost.com/opinions/forget-hawks-and-doves-at-the-fe...
Central banker with too much gold wants Treasuries instead
Submitted by cpowell on Thu, 2019-07-11 10:41 Section: Daily DispatchesBy Evgenia Pismennaya and Anna Andrianova
Bloomberg News
Thursday, July 11, 2019
With trade wars and sluggish growth making goldbugs of central bankers around the world, one country wants to buck the trend.
Negative bond yields spill into Europe's emerging markets
Submitted by cpowell on Thu, 2019-07-11 10:36 Section: Daily DispatchesBy Tommy Stubbington
Financial Times, London
Thursday, July 11, 2019
In the bizarro world of global debt, even bonds from Europe's emerging markets are spewing out negative yields.
Member of Parliament urges investigation of gold-market manipulation in UK
Submitted by cpowell on Thu, 2019-07-11 00:44 Section: Daily Dispatches12:49a ET Thursday, July 11, 2019
Dear Friend of GATA and Gold:
Citing a confession to gold market manipulation in the United States, a member of Parliament this week urged the British government to investigate possible manipulation of the gold market in London.
Ed Steer: A pretty ugly CoT report in gold
Submitted by cpowell on Wed, 2019-07-10 22:00 Section: Daily Dispatches10p ET Wednesday, July 10, 2019
Dear Friend of GATA and Gold:
GATA board member Ed Steer's Gold & Silver Digest letter for Tuesday, headlined "A Pretty Ugly CoT Report in Gold," is posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1562770795.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Hugo Salinas Price: Bitcoin is just a big distraction from gold
Submitted by cpowell on Wed, 2019-07-10 21:53 Section: Daily Dispatches9:54p ET Wednesday, July 10, 2019
Dear Friend of GATA and Gold:
Bitcoin, Hugo Salinas Price of the Mexican Civic Association for Silver writes today, protects the U.S. dollar by diverting investment from gold. The cryptocurrency, Salinas Price argues, is a big distraction. His commentary is headlined "About Bitcoin" and it's posted at the association's internet site, Plata.com.mx, here:
Fed's Powell explains why gold standard would be damaging to economy
Submitted by cpowell on Wed, 2019-07-10 13:40 Section: Daily DispatchesBy Thomas Franck
CNBC, New York
Wednesday, July 10, 2019
Federal Reserve Chairman Jerome Powell today told Congress he doesn't think a return to the gold standard in the U.S. would be a good idea.
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