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Daily Dispatches
Dubai says gold-trading allegations are 'lies' and 'attacks'
Submitted by admin on Thu, 2021-11-18 11:36 Section: Daily DispatchesBy Verity Ratcliffe
Bloomberg News
Thursday, November 18, 2021
Dubai's commodities exchange rejected claims it doesn’t do enough to regulate its gold business, while the United Arab Emirates government announced new guidelines for trading the metal.
"I want to address the elephant in the room, namely the consistent and unsubstantiated attacks launched on Dubai by other trading centers and institutions," the chief executive officer of the Dubai Multi Commodities Centre, Ahmed bin Sulayem, said today at a conference in the emirate.
He said they are "lies."
Pam and Russ Martens: Traders flee JPMorganChase and Bloomberg can't figure out why
Submitted by admin on Thu, 2021-11-18 10:24 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, November 18, 2021
Last Thursday, Hannah Levitt of Bloomberg News published a report about a large trader exodus at JPMorgan Chase. She wrote:
"... By this fall, many of the team's heaviest hitters had gone.
"The setting wasn't some struggling investment bank. It was the equity derivatives desk inside the mighty JPMorgan Chase & Co. -- one of many pockets of employee turnover that have erupted there in recent months, keeping the company's recruiters busy."
As gold and silver recover, try The Calandra Report and help GATA
Submitted by admin on Thu, 2021-11-18 10:20 Section: Daily Dispatches10:19a ET Thursday, November 18, 2021
Dear Friend of GATA and Gold:
Thom Calandra and his market letter, The Calandra Report, have been supporting GATA almost from our start 22 years ago. He is a writer and believer and investor in the monetary metals.
With metals prices showing signs of recovery amid the storm of inflation, Thom has revived his special offer to GATA supporters -- a discount on a year's subscription with half the $169 payment being donated to GATA, no strings attached.
GATA secretary discusses Nazi example of currency market rigging being followed by U.S.
Submitted by admin on Thu, 2021-11-18 08:28 Section: Daily Dispatches8:26a ET Thursday, November 18, 2021
Dear Friend of GATA and Gold:
Your secretary/treasurer, interviewed a few days ago by Patrick Vierra of Silver Bullion TV in Singapore, discussed gold market manipulation by investment house traders and governments, the likelihood that governments will revalue gold upward to make its rise look like their doing rather than the market's, and the Nazi German example of currency market rigging that the United States long has been following to expropriate the rest of the world.
Craig Hemke at Sprott Money: More gold price manipulation news
Submitted by admin on Tue, 2021-11-16 23:34 Section: Daily DispatchesBy Craig Hemke
Sprott Money, Toronto
Tuesday, November 14, 2021
In what has become a steady stream of fines, settlements, and convictions, there was more news this week on the gold price manipulation front as multiple bullion banks reached a settlement regarding their manipulation efforts around the London daily price fixing.
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Three banks paying $50 million to settle antitrust claims they rigged London gold fix
Submitted by admin on Tue, 2021-11-16 23:27 Section: Daily DispatchesFrom Bloomberg Law, New York
Monday, November 15, 2021
Barclays Plc, Societe Generale SA, Scotiabank, and London Gold Market Fixing Ltd. will pay a combined $50 million to end antitrust litigation over an alleged scheme to rig the gold "fix," a key pricing benchmark, according to a federal court filing in Manhattan.
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Monster 21-pound record gold nugget from Alaska offered for $1 million
Submitted by admin on Mon, 2021-11-15 14:45 Section: Daily DispatchesBy David Averre
Daily Mail, London
Monday, November 15, 2021
One of the biggest gold nuggets ever found has been put up for sale in Dallas for $1 million, 23 years after it was first discovered.
The Alaska Centennial Gold Nugget -- which weighs in at a staggering 21 pounds, is over 90% gold, and is the size of a child's head -- was unearthed by gold miner Barry Clay in Alaska in 1998.
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As Newcrest scoops up Pretium, gold sector turns focus to next deal
Submitted by admin on Mon, 2021-11-15 11:45 Section: Daily DispatchesBy Niall McGee
The Globe and Mail, Toronto
Sunday, November 14, 2021
With Australia’s Newcrest Mining Ltd. set to acquire Canada’s Pretium Resources Ltd., attention is now turning to which gold miner will be next to get scooped up, even as money managers caution that acquirers are likely to tread warily.
Alex Gladstein: The end of super-imperialism
Submitted by admin on Mon, 2021-11-15 11:34 Section: Daily DispatchesThe historian Michael Hudson put the U.S. government's anti-gold policy into its full imperialistic context almost 50 years ago.
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By Alex Gladstein
Bitcoin Magazine, Nashville, Tennessee
Wednesday, November 10, 2021
In 1972, one year after President Richard Nixon defaulted on the dollar and formally took the United States off of the gold standard for good, the financial historian and analyst Michael Hudson published "Super Imperialism," a radical critique of the dollar-dominated world economy.
If this is metals' breakout, you'll want The Calandra Report, which helps GATA
Submitted by admin on Sat, 2021-11-13 10:50 Section: Daily Dispatches10:49a ET Saturday, Noveber 13, 2021
Dear Friend of GATA and Gold:
Thom Calandra and his market letter, The Calandra Report, have been supporting GATA almost from our start 22 years ago. He is a writer and believer and investor in the monetary metals.
With metals prices showing signs of recovery amid the storm of inflation, Thom has revived his special offer to GATA supporters -- a discount on a year's subscription with half the $169 payment being donated to GATA, no strings attached.
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