Daily Dispatches

Ted Butler: The biggest scandal

Submitted by cpowell on Fri, 2016-09-30 10:36 Section: Daily Dispatches

10:37a ET Friday, September 30, 2016

Dear Friend of GATA and Gold:

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In New Orleans you can't lose -- unless you miss Friday's room reservation deadline

Submitted by cpowell on Thu, 2016-09-29 22:42 Section: Daily Dispatches

By Brien Lundin
New Orleans Investment Conference
Thursday, September 29, 2016

You may be missing out on a fortune.

Hundreds of investors are multiplying their money as much as five times within weeks. They're discovering junior gold stocks that quickly turn $10,000 into as much as $300,000, and sometimes much more.

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Some Deutsche Bank clients reduce collateral on trades

Submitted by cpowell on Thu, 2016-09-29 16:26 Section: Daily Dispatches

By William Canny
Bloomberg News
Thursday, September 29, 2016

Amid mounting concern about Deutsche Bank's ability to withstand pending legal penalties, about 10 hedge funds that do business with the German lender have moved to reduce their financial exposure. The shares slumped.

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Alasdair Macleod: America is on a slippery slope

Submitted by cpowell on Thu, 2016-09-29 16:04 Section: Daily Dispatches

4:05p ET Thursday, September 29, 2016

Dear Friend of GATA and Gold:

The decline of the American empire, GoldMoney research director Alasdair Macleod writes today, will increase the strategic necessity of gold and the risk of war. Macleod's commentary is headlined "America is on a Slippery Slope" and it's posted at GoldMoney here:

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Yellen says Fed could buy stocks if Congress authorized it

Submitted by cpowell on Thu, 2016-09-29 13:20 Section: Daily Dispatches

From ETF Daily News, Coronado, California
Thursday, September 29, 2016

For the first time the Federal Reserve has openly spoken about expanding its monetary policy toolbox to include the purchase of stocks -- not just bonds and mortgage securities -- and the implications could be huge.

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Gold deal making heating up as Kirkland Lake swallows Newmarket

Submitted by cpowell on Thu, 2016-09-29 13:11 Section: Daily Dispatches

By Danielle Bochove
Bloomberg News
Thursday, September 29, 2016

A proposed merger between two Canada-based gold miners is the latest example of consolidation in an industry that remains under pressure to cut costs, even as stronger gold prices smooth the way for deal-making.

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Russian central bank buys gold because it can do it with depreciating rubles

Submitted by cpowell on Thu, 2016-09-29 13:06 Section: Daily Dispatches

Russia's Adding Another 200 Tons of Gold to Its Treasury and Here's Why

From Sputnik News, Moscow
Thursday, September 29, 2016

Read more about Russian central bank buys gold because it can do it with depreciating rubles

Another German bank in trouble: Commerzbank to cut 9,600 jobs, suspend dividend

Submitted by cpowell on Thu, 2016-09-29 08:31 Section: Daily Dispatches

By Marion Dakers
The Telegraph, London
Thursday, September 29, 2016

Commerzbank, the second-biggest bank in Germany, has suspended its dividend and revealed more than 9,000 job losses as it tries to shore up its business in the face of ultra-low interest rates and sagging client activity.