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Daily Dispatches

In 'Money and Liberty,' Turk shows how central banks steal time itself

Section: Daily Dispatches

8:31p ET Wednesday, December 22, 2021

Dear Friend of GATA and Gold:

"Money and Liberty" is the title of GoldMoney founder and GATA consultant James Turk's new book, and in an interview today with financial journalist Lars Schall he explains the connection.

Turk accuses central banks of stealing everyone's most precious asset -- his very time on Earth -- by debasing the currencies everyone is forced to use.

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GATA exposed it all in 2021, but is it making any difference?

Section: Daily Dispatches

1:33p Monday, December 20, 2021

Dear Friend of GATA and Gold:

For establishing the rigging of the gold market by governments and central banks, 2021 may have been GATA's best year yet.

We produced an updated comprehensive summary of the history and components of gold price control policy --

https://gata.org/node/20925

-- and our consultant Stuart Englert's book, "Rigged: Exposing the Largest Financial Fraud in History" --

Pam and Russ Martens: Fed sets up for its next Wall Street bailout

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Tuesday, December 21, 2021

Last Friday, with the public's attention diverted to the surge in Omicron variant cases of COVID in the U.S. and holiday travelers' attention focused on the safety of air travel and family gatherings, the Federal Reserve Bank of New York quietly announced, in a one-sentence statement, that it was adding the following three federally-insured banks to its list of counterparties for its newly-minted $500 billion Standing Repo Facility: 

UK Supreme Court thwarts Maduro's bid to control $1.9 billion of Venezuelan gold

Section: Daily Dispatches

By Jane Croft
Financial Times, London
Monday, December 20, 2021

The UK’s Supreme Court today dealt a blow to Venezuelan president Nicolás Maduro in his fight to gain control of $1.9 billion of disputed gold reserves after it ruled that opposition leader Juan Guaidó should be recognised as the country's legitimate head of state.

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GATA exposed it all in 2021, but is it making any difference?

Section: Daily Dispatches

1:33p Monday, December 20, 2021

Dear Friend of GATA and Gold:

For establishing the rigging of the gold market by governments and central banks, 2021 may have been GATA's best year yet.

We produced an updated comprehensive summary of the history and components of gold price control policy --

https://gata.org/node/20925

-- and our consultant Stuart Englert's book, "Rigged: Exposing the Largest Financial Fraud in History" --

Pam and Russ Martens: JPM's crime wave continues, impugning last year's settlement with Justice Dept.

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Monday, December 20, 2021

JPMorgan Chase is the largest bank in the United States. It also has the scandalous distinction of having admitted to five criminal felony counts brought by the U.S. Department of Justice since 2014 and a breathtaking series of additional charges from other regulators.

The Globe and Mail: Five big mining companies bid for Great Bear

Section: Daily Dispatches

Inside the Bidding War for Great Bear that Saw Kinross Emerge as Winner

By Niall McGee
The Globe and Mail, Toronto
Friday, December 17, 2021

Five major mining companies engaged in an intense bidding war for Red Lake exploration company Great Bear Resources Ltd., with Kinross Gold Corp. eventually emerging the winner last week.

JPMorgan is fined $200 million for evading regulators by letting traders use WhatsApp

Section: Daily Dispatches

They're supposed to stick to the secure scrambler line to the New York Fed's trading room.

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By Thomas Franck and Hugh Son
CNBC, New York
Friday, December 17, 2021

JPMorgan Chase is paying $200 million in fines to two U.S. banking regulators to settle charges that its Wall Street division allowed employees to use WhatsApp and other platforms to circumvent federal record-keeping laws.

Sven Henrich: The Fed was not hawkish yesterday and the unraveling has begun

Section: Daily Dispatches

By Sven Henrich
Northman Trader
Fareham, Hampshire, United Kingdom

Investors are ignoring two big elephants in the room. While we see yet again a positive reaction to the latest Fed meeting with new all-time highs in the S&P futures contract, things are far from well.

Indeed, things have already been unraveling beneath the surface for a while: A potential Santa rally notwithstanding that storm clouds are not only gathering but are already all around us. 

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Real rates will stay negative, Turk tells King World News

Section: Daily Dispatches

1:25p ET Thursday, December 16, 2021

Dear Friend of GATA and Gold:

In comments to King World News, GoldMoney founder and GATA consultant James Turk ridicules as merely nominal the efforts to curb inflation that are being made by the Federal Reserve, European Central Bank, and Bank of England. These efforts, Turk says, won't come close to turning negative real interest rates positive.

Turk's comments at KWN can be found here:

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