You are here
Daily Dispatches
Justice Department stalls another class action in gold market rigging, this one against JPM
Submitted by cpowell on Tue, 2019-03-05 09:40 Section: Daily Dispatches9:47a ET Tuesday, March 5, 2019
Dear Friend of GATA and Gold:
Proceedings in the federal class-action anti-trust lawsuit against JPMorganChase charging the investment bank with manipulating the gold and silver futures markets --
Newmont's board rejects Barrick's hostile offer
Submitted by cpowell on Mon, 2019-03-04 09:58 Section: Daily DispatchesBy Danielle Bochove and Ed Hammond
Bloomberg News
Monday, March 4, 2019
Newmont Mining Corp. rejected Barrick Gold Corp.'s $17.8 billion unsolicited takeover bid, a deal that would've created the world's largest gold producer.
Switzerland's controversial thousand-franc note is getting a new look
Submitted by cpowell on Sun, 2019-03-03 11:30 Section: Daily DispatchesBy Catherine Bosley
Bloomberg News
Sunday, March 3, 2019
At jeweller Les Millionnaires, tucked away in the historic old town of Zurich, being handed a 1,000-franc bill ($1,002) to settle a purchase is no unusual event.
Fundamentals are meaningless in gold, GATA chairman tells GoldSeek Radio
Submitted by cpowell on Sun, 2019-03-03 00:41 Section: Daily Dispatches12:40p ET Sunday, March 4, 2019
Dear Friend of GATA and Gold:
Interviewed by GoldSeek Radio's Chris Waltzek, GATA Chairman Bill Murphy says supply-and-demand fundamentals mean nothing in the gold market compared to the machinations of the gold cartel, but the gold price will fly when the cartel exhausts the metal it needs for price suppression.
Trump says dollar too strong, swipes at Fed for rate hikes
Submitted by cpowell on Sat, 2019-03-02 21:56 Section: Daily DispatchesBy Alyza Sebenius
Bloomberg News
Saturday, March 2, 2019
President Donald Trump said today that the U.S. dollar is too strong, and took a swipe at Federal Reserve Chairman Jerome Powell as someone who "likes raising interest rates."
Hugo Salinas Price: The gold gambling casino
Submitted by cpowell on Sat, 2019-03-02 10:59 Section: Daily Dispatches11a ET Saturday, March 2, 2019
Dear Friend of GATA and Gold:
Hugo Salinas Price, president of the Mexican Civic Association for Silver, writes this week that governments manipulate the gold market so much that speculators are unlikely ever to make a profit from buying and selling assets that constitute only "paper" gold.
Ronan Manly: Australian central bank feeds legislators disinformation about gold
Submitted by cpowell on Fri, 2019-03-01 21:43 Section: Daily Dispatches9:43p ET Friday, March 1, 2019
Dear Friend of GATA and Gold:
Bullion Star gold analyst Ronan Manly tonight details how this week's exchange between Australian legislators and central bankers about the country's gold reserves was almost completely disinformation, inaccurate and misleading, never really getting to the point about what really has been done with the country's gold.
Barrick chief Bristow rules out higher offer for Newmont
Submitted by cpowell on Fri, 2019-03-01 10:08 Section: Daily DispatchesBy Henny Sanderson
Financial Times, London
Friday, March 1, 2019
Barrick Gold's boss Mark Bristow has ruled out increasing his offer for arch-rival Newmont Mining.
Mr. Bristow told the Financial Times that the $18 billion nil-premium, all-stock offer for Newmont was "logical" and would combine multiple world-class gold mines into one company.
GATA Chairman Murphy, TF Metals Report's Hemke interviewed on palladium, silver
Submitted by cpowell on Thu, 2019-02-28 20:16 Section: Daily Dispatches8:17p ET Thursday, February 28, 2018
Dear Friend of GATA and Gold:
Parliament leaders want Romanian gold reserves brought home
Submitted by cpowell on Thu, 2019-02-28 18:50 Section: Daily DispatchesBy Ioana Erdei
Business Review, Bucharest, Romania
Wednesday, February 27, 2019
BUCHAREST, Romania -- Chamber of Deputies President Liviu Dragnea and Socia Democratic Party Sen. Serban Nicolae have proposed a bill to force the National Bank to store 95 percent of Romania's gold reserves in the country.
Pages
