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Daily Dispatches
Dimon approach signals Trump is eager to reconnect Washington and Wall Street
Submitted by cpowell on Sat, 2016-11-12 22:30 Section: Daily DispatchesSince when haven't they been connected?
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By Ben McLannahan
Financial Times, London
Friday, November 11, 2016
https://www.ft.com/content/00ff8f82-a835-11e6-8b69-02899e8bd9d1
Extraordinary amount of 'paper' gold dumped today, Maguire tells KWN
Submitted by cpowell on Fri, 2016-11-11 21:11 Section: Daily Dispatches9:12p ET Friday, November 11, 2016
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News that an extraordinary amount of "paper gold" was dumped today, crashing the price:
http://kingworldnews.com/andrew-maguire-paper-gold-market-trades-6800-to...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Gold Fields, Silver Standard offer C$1.4 billion for miner Kirkland Lake, Reuters says
Submitted by cpowell on Fri, 2016-11-11 13:00 Section: Daily DispatchesBy John Tilak and Nicole Mordant
Reuters
Friday, November 11, 2016
Chinese soon will be able to buy North American mining shares, Neumeyer tells KWN
Submitted by cpowell on Fri, 2016-11-11 12:39 Section: Daily Dispatches12:40p ET Friday, November 11, 2016
Dear Friend of GATA and Gold:
First Majestic Silver CEO Keith Neumeyer tells King World News today that Chinese retail investors increasingly will be able to purchase shares of North American monetary metals mining companies, which he expects will support their prices. The interview is posted at KWN here:
TF Metals Report reflects on six years following the monetary metals
Submitted by cpowell on Fri, 2016-11-11 12:31 Section: Daily Dispatches12:34p ET Friday, November 11, 2016
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today reflects on his six years of following the monetary metals markets and provides some technical analysis, if you believe in that sort of thing. His commentary is headlined "Happy Brithday, TFMR" and it's posted here:
Trump believed considering former Goldman exec for Treasury secretary
Submitted by cpowell on Thu, 2016-11-10 19:41 Section: Daily DispatchesOn a General Election
The accursed power which stands on Privilege
(And goes with Women, and Champagne, and Bridge)
Broke -- and Democracy resumed her reign
(Which goes with Bridge, and Women, and Champagne).
-- Hilaire Belloc, 1923.
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Trump Staff Line Up for White House Jobs
By Eli Stokols
Politico.com, Arlington, Virginia
Meet the new boss -- same as the old boss
Submitted by cpowell on Thu, 2016-11-10 16:02 Section: Daily DispatchesTrump Team Contacted JPMorgan's Dimon for Treasury Role
By Dan Freed
Reuters
Thursday, November 10, 2016
A senior person on President-elect Donald Trump's transition team contacted JPMorgan Chase & Co. Chief Executive Jamie Dimon to see if he would be interested in being U.S. Treasury secretary, a person familiar with the matter said today.
Late-night buying parked huge amounts of rupees in gold
Submitted by cpowell on Thu, 2016-11-10 15:51 Section: Daily DispatchesBy Bella Jaisinghani
The Times of India, Mumbai
Thursday, November 10, 2016
MUMBAI -- The first refuge of all those who wish to put their ill-gotten gains to good use remains gold, and this was proved once more on Tuesday. Jewellery stores in certain localities remained open beyond midnight, allowing large cash transactions.
India's bank note ban to disrupt gold-smuggling business
Submitted by cpowell on Thu, 2016-11-10 11:58 Section: Daily DispatchesA thousand-rupee note is worth less than US$15. What makes the Indian government think that smugglers won't easily switch to US$20 bills?
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By Rajendra Jadhav
Reuters
Thursday, November 10, 2016
Torgny Persson explains fraud of bullion banking and its defense of fiat money system
Submitted by cpowell on Thu, 2016-11-10 10:54 Section: Daily Dispatches10:56a ET Thursday, November 10, 2016
Dear Friend of GATA and Gold: