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Daily Dispatches

Why does the Fed treat JPMorganChase so leniently despite all its felonies?

Section: Daily Dispatches

12:55p ET Thursday, September 23, 2021

Dear Friend of GATA and Gold:

In their Wall Street on Parade column today, the tireless Pam and Russ Martens wonder why the U.S. Federal Reserve is being rather tough on Wells Fargo Bank while letting JPMorganChase & Co. run wild, even as Wells Fargo has not been charged with any felonies while JPMorganChase has confessed to five federal felonies in recent years. including charges of manipulating the monetary metals and Treasury bond markets.

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JP Cortez: Are America's money masters engaged in self-dealing?

Section: Daily Dispatches

By JP Cortez
Money Metals Exchange, Eagle, Idaho
Tuesday, September 21, 2021

America's central bankers are tasked with impartial oversight over aspects of the American economy. But could these individuals be making decisions on interest rates and bailout operations based on what is best for their own personal investment portfolios?

Craig Hemke: An ode to Meat Loaf (and the Fed)

Section: Daily Dispatches

2:45p ET Tuesday, September 21, 2021

Dear Friend of GATA and Gold:

Gold's short-term direction, the TF Metals Report's Craig Hemke writes today, depends on what the Federal Reserve says tomorrow about "tapering" its bond purchases. Hemke argues that the Fed can't get out of the bond market without launching interest rates and government debt payments, so he expects more temporizing. 

Hemke's analysis is headlined "An Ode to Meat Loaf" and it's posted at Sprott Money here:

Hugo Salinas Price: There's only one way to make money in gold and silver

Section: Daily Dispatches

7:55p ET Monday, September 20, 2021

Dear Friend of GATA and Gold:

Hugo Salinas Price of the Mexican Civic Association for Silver writes tonight that there is only one way to profit from the monetary metals markets. He says it requires a lot of patience and indifference to the purported prices posted by financial news organizations.

Salinas Price's commentary is headlined "Bad News for Those Interested in the Prices of Gold or Silver" and it's posted at the association's internet site here:

Pam and Russ Martens: Dallas Fed president traded S&P 500 futures

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Saturday, September 18, 2021

A transaction that has been missed by major news outlets on the financial disclosure form for Dallas Fed president, Robert Kaplan, is a line item showing that Kaplan made "multiple" trades of more than $1 million in S&P 500 futures.

This is a stunning revelation for a multitude of reasons. 

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Good Mining Exploration Resumes Search
for Gold at Golden Target Project in Ontario

New Orleans is back to normal so join GATA at the great conference there next month

Section: Daily Dispatches

By Brien Lundin
Editor, Gold Newsletter
CEO, the New Orleans Investment Conference
Wednesday, September 15, 2021

With this year's New Orleans Investment Conference just around the corner -- Tuesday through Friday, October 19-22 -- the timing couldn't be better for a metals rally.

If you're a serious investor, you need to attend this blockbuster, in-person event.

Kyrgyzstan blocked from London gold trading over missing bars

Section: Daily Dispatches

By Joe Wallace
The Wall Street Journal
Friday, September 17, 2021

The organization that oversees London’s gold trading blocked metal mined in Kyrgyzstan from entering the city’s market, dealing a blow to the central Asian nation’s bullion-dependent economy.

The London Bullion Market Association said Friday it had suspended Kyrgyzaltyn OJSC, Kyrgyzstan’s state-owned gold producer, from its list of acceptable refiners. 

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Brandon White: The petro-dollar era is ending, so what's next?

Section: Daily Dispatches

9p ET Thursday, September 16, 2021

Dear Friend of GATA and Gold:

Brandon White of Good Mining Exploration Inc., an old hand in the gold business and longtime GATA supporter, writes this week that the international oil business is escaping the domination of the U.S. dollar. The decline of the "petro-dollar" system, White argues, signals big changes in the international monetary system, changes that will restore gold and silver to their historic places.

Alasdair Macleod: The funny money game

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, September 16, 2021

The sense of general unease that I detect among those I meet and discuss economics and financial matters with is increasing —with good reason. Clearly, what everyone calls inflation, rising prices or more accurately currency debasement, will lead to higher interest rates, threatening markets which are unmistakably in bubble territory.

The consequences of rising prices and interest rates are still being badly underestimated.

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Government will 'kill' bitcoin if it is 'really successful,' hedge fund founder Dalio says

Section: Daily Dispatches

Ray, they're already doing a pretty good job with gold, so how about talking about that some time? All you need has been assembled here:

https://gata.org/node/20925

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Ray Dalio says if bitcoin is really successful, regulators will 'kill it'

By Yun Li
CNBC, New York
Wednesday, September 15, 2021

Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, believes regulators would ultimately take control of bitcoin if the cryptocurrency gains mainstream success.

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