You are here

Daily Dispatches

Invest 'responsibly' in gold under rules set by the market's riggers, the LBMA and JPMorgan

Section: Daily Dispatches

Accprding to the fund's prospectus --

https://www.franklintempleton.com/forms-literature/download/FGLD_P

-- the fund's gold custodian is JPMorgan in London, its gold is  not insured, only "authorized participants" and not ordinary shareholders may redeem shares for metal, and the fund's initial authorized participant is JPMorgan Securities. How responsible!

* * *

Franklin Templeton Launches Franklin Responsibly Sourced Gold ETF

U.S. dollar's share of FX reserves steady in Q1, euro's share falls

Section: Daily Dispatches

By Gertrude Chavez-Dreyfuss
Reuters
via U.S. News and World Report, Washington
Thursday, June 30, 2022

NEW YORK -- The U.S. dollar's share of currency reserves reported to the International Monetary Fund was 58.8% in the first quarter, unchanged from that of the last three months of 2021, IMF data showed on Thursday.

The greenback remains the largest-held currency reserve by global central banks.

... Dispatch continues below ...


... ADVERTISEMENT ...

When buying gold or silver, consider the dealers who support GATA

Section: Daily Dispatches

1:10p ET Thursday, June 30, 2022

Dear Friend of GATA and Gold:

Being the only forms of money without counterparty risk, at least when held directly by their owners, gold and silver are often seen as the foundation of a sound investment portfolio. 

Alasdair Macleod: Inflation, recession, and new currencies

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, June 30, 2022

Central bankers are trying to steer markets away from higher interest rates, citing growing evidence of the harm they are doing to economic growth. Quantitative tightening is dead on arrival.

USAGold's 'News & Views' letter for July is published

Section: Daily Dispatches

11:34a ET Thursday, June 30, 2022

Dear Friend of GATA and Gold:

USAGold's "News & Views" letter for July, published today, contains its usual collection of insightful observations about the financial markets and especially gold, some of them recognizing "financial repression" and the like. It's posted in the clear here:

https://www.usagold.com/nv1043july2022/

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

Because of GATA, Russia long has known about gold manipulation, Murphy says

Section: Daily Dispatches

2:50p ET Wednesday, June 29, 2022

Dear Friend of GATA and Gold:

Interviewed by Chris Marcus of Arcadia Economics, GATA Chairman Bill Murphy notes that the Russia government has known about gold and silver market manipulation for many years, in part because of GATA's work.

The interview is 18 minutes long and can be viewed at YouTube here:

https://www.youtube.com/watch?v=voBqBFEsxHQ

Bolivia's central bank plans to put gold reserves at risk

Section: Daily Dispatches

Bolivia's Central Bank Will Invest Gold Reserves in International Markets

By Walter Vasquez
El Deber
Santa Cruz de la Sierra, Bolivia
Sunday, May 15, 2022

https://eldeber.com.bo/economia/el-banco-central-apunta-a-invertir-las-reservas-de-oro-en-mercados-internacionales_278135

When buying gold or silver, consider the dealers who support GATA

Section: Daily Dispatches

8:37p ET Monday, June 27, 2022

Dear Friend of GATA and Gold:

Being the only forms of money without counterparty risk, at least when held directly by their owners, gold and silver are often seen as the foundation of a sound investment portfolio. 

Zimbabwe to introduce gold coins to offer escape from soaring inflation

Section: Daily Dispatches

Good grief, People! You're sitting on huge gold reserves. Make your paper money convertible to gold at a fixed rate and hold the rate. It won't be so hard when you can mine your own money. The rest of the world won't help you, and shouldn't help you when you so easily can help yourself.

* * *

From The Herald
Harare, Zimbabwe
Monday, June 27, 2022

Pages