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Daily Dispatches
Dave Kranzler: The Fed blinked and gold and silver are going higher
Submitted by cpowell on Tue, 2019-02-05 13:20 Section: Daily Dispatches1:19p ET Tuesday, February 5, 2019
Dear Friend of GATA and Gold:
New York Sun: Trump's ideal nominee for the Fed
Submitted by cpowell on Mon, 2019-02-04 13:39 Section: Daily DispatchesFrom The New York Sun
Monday, February 4, 2019
GoldSeek Radio's Chris Waltzek interviews GATA Chairman Bill Murphy
Submitted by cpowell on Sun, 2019-02-03 18:03 Section: Daily Dispatches6p ET Sunday, February 3, 2019
Dear Friend of GATA and Gold:
A voice from inside the gold swap and price-rigging business
Submitted by cpowell on Sun, 2019-02-03 11:04 Section: Daily Dispatches11:17a ET Sunday, February 3, 2019
Dear Friend of GATA and Gold:
GATA consultant Robert Lambourne's report yesterday about the gold trading signified by the December financial statement of the Bank for International Settlements speculated that the bank's use of gold swaps might mean to recover gold for central banks that are inconveniently short in their official reserves:
Gold is one wealth fund's escape from geopolitics, credit risk
Submitted by cpowell on Sun, 2019-02-03 10:00 Section: Daily DispatchesBy Zulfugar Agayev
Bloomberg News
Sunday, February 3, 2019
For Azerbaijan's sovereign wealth fund, nothing beats the safety of gold in a world gripped by trade disputes and geopolitical risk.
Robert Lambourne: Is BIS using swaps to recover central bank gold?
Submitted by cpowell on Sat, 2019-02-02 16:46 Section: Daily DispatchesBy Robert Lambourne
Saturday, February 2, 2019
Disclosures in the recent monthly statements of account published by the Bank for International Settlements show that the bank is still actively trading in gold swaps, which the bank uses to gain access to gold held by commercial banks.
UAE's Noor Capital says it bought 3 tonnes of gold from Venezuela
Submitted by cpowell on Sat, 2019-02-02 09:37 Section: Daily DispatchesBy Mayela Armas
Reuters
Friday, February 1, 2019
CARACAS, Venezuela -- Abu Dhabi investment firm Noor Capital said today it bought 3 tonnes of gold on Jan. 21 from Venezuela's central bank, at a time when President Nicolas Maduro is seeking to keep his crisis-stricken government solvent.
International pressure scuttles Venezuela's plan to dishoard gold
Submitted by cpowell on Fri, 2019-02-01 21:18 Section: Daily DispatchesMaduro's Bid to Fly Gold Out of Venezuela Is Blocked
By Patricia Laya
Bloomberg News
Friday, February 1, 2019
The embattled Nicolas Maduro regime has halted plans to ship 20 tons of Venezuelan gold overseas as a growing international push to ring-fence the country's dwindling hard assets unnerved those handling the transaction, according to a person with direct knowledge of the matter.
EU charges eight banks over alleged government bond cartel
Submitted by cpowell on Fri, 2019-02-01 10:08 Section: Daily DispatchesBy Alastair Macdonald
Reuters
Thursday, January 31, 2019
The European Union's antitrust authority has charged eight unnamed banks with operating a cartel in trading euro zone government bonds between 2007 and 2012, years when the financial crisis dragged down banks and countries.
Venezuela's 20-ton pile of gold in suspense in Caracas vault
Submitted by cpowell on Thu, 2019-01-31 23:28 Section: Daily DispatchesBy Patricia Laya
Bloomberg News
Thursday, January 31, 2019
With 20 tons of gold stacked up for loading and shipping out of Venezuelan vaults, the mystery surrounding them -- and the saber-rattling they're sparking -- is intensifying.