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Daily Dispatches
Inflation will push metals past price capping, Turk tells KWN
Submitted by admin on Wed, 2021-05-12 19:41 Section: Daily Dispatches7:40p ET Wednesday, May 12, 2021
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk tells King World News today that soaring inflation will push gold and silver past the price capping of the futures market.
Turk's analysis is headlined "Gold, Silver, Stock Market -- What a Wild Day" and it's posted at KWN here:
https://kingworldnews.com/gold-silver-stock-market-what-a-wild-day/
Dutch chemicals firm's pension fund buys gold for diversification
Submitted by admin on Wed, 2021-05-12 16:47 Section: Daily DispatchesBy Sameer Van Alfen
Investment & Pensions Europe, London
Wednesday, May 12, 2021
The Dutch pension fund for specialty chemicals firm DSM has made a 5% investment in physical gold because of its diversification benefits, it claimed.
The investment in the precious metal, which started October 2020, was the result of a reduction in the fund's exposure to government bonds by 10 percentage points because of a negative expected return on the asset class.
... Dispatch continues below ...
Dave Kranzler: Fed discontinues publishing still more important economic data
Submitted by admin on Tue, 2021-05-11 23:57 Section: Daily DispatchesBy Dave Kranzler
Investment Research Dynamics, Denver
Tuesday, May 11, 2021
Over the years I've learned to keep one hand on my wallet and one hand on my physical gold and silver safe when a Federal Reserve official promises more transparency.
Right after Federal Reserve Chairman Ben Bernanke promised more transparency, the Fed decided to no longer report the M3 measure of the money supply. The United States is the only major industrialized country that does not report M3.
... Dispatch continues below ...
Ronan Manly: LBMA admits its boast of record silver hoard was false
Submitted by admin on Tue, 2021-05-11 23:43 Section: Daily DispatchesLBMA Misleads Silver Market with False Claims about Record Silver Stocks
By Ronan Manly
Bullion Star, Singapore
Tuesday, May 11, 2021
In a shocking retraction, the bullion bank-dominated London Bullion Market Association has just announced that it has been overstating LBMA silver vault holdings by a massive 3,300 tonnes of silver.
This overstatement relates to the total quantity of physical silver bars that the LBMA claimed were being held in LBMA vaults in London as of end of March 2021.
... Dispatch continues below ...
As gold and silver join commodity boom, try The Calandra Report and help GATA
Submitted by admin on Tue, 2021-05-11 22:28 Section: Daily Dispatches10:27p ET Tuesday, May 11, 2021
Dear Friend of GATA and Gold:
With gold and silver showing strong signs of breaking out at last and the London Bullion Market Association appealing for central bank help to keep monetary metals prices down --
-- interest in gold and silver mining shares is rebounding.
... Dispatch continues below ...
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Craig Hemke at Sprott Money: Bullion bank pump-and-dump
Submitted by admin on Tue, 2021-05-11 22:24 Section: Daily DispatchesBy Craig Hemke
Sprott Money, Toronto
Tuesday, May 11, 2021
Though we've seen this trick countless times over the years, it never gets less frustrating. However, with a summer rally pending, this latest Bank effort might be instructive.
Pam and Russ Martens: U.S. stock market now is larger than combined GDP of U.S., China, Japan, and Germany
Submitted by admin on Tue, 2021-05-11 11:45 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, May 11, 2021
When the motherlode of stock market bubbles finally pops, exposing the corrupt edifices on which it was built, you can count on one thing: There will be lots of testimony before Congress that no one could have seen it coming.
As gold and silver join commodity boom, try The Calandra Report and help GATA
Submitted by admin on Mon, 2021-05-10 18:36 Section: Daily Dispatches6:35p ET Monday, May 10, 2021
Dear Friend of GATA and Gold:
With gold and silver showing strong signs of breaking out at last and the London Bullion Market Association appealing for central bank help to keep monetary metals prices down --
-- interest in gold and silver mining shares is rebounding.
... Dispatch continues below ...
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Hugo Salinas Price: Gold and silver will mark the end of the present dark age
Submitted by admin on Mon, 2021-05-10 18:23 Section: Daily DispatchesBy Hugo Salinas Price, President
Mexican Civic Association for Silver
Monday, May 10, 2021
Central banks -- Russia's and China's both perhaps excepted -- are all members of an international club of central banks. This blub is run according to the rules dictated by the Bank for International Settlements in Basel, Switzerland.
Why did the World Gold Council join LBMA in protesting higher gold prices?
Submitted by admin on Mon, 2021-05-10 13:03 Section: Daily DispatchesAnd what is the Bank for International Settlements' real game with gold?
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1:12p ET Monday, May 10, 2021
Dear Friend of GATA and Gold:
Surely many issues remain to be addressed arising from last week's panicked protest to the Bank of England by the London Bullion Market Association and World Gold Council about the impending "Basel 3" regulations emanating from the Bank for International Settlements:
Here perhaps are a few of them.
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