You are here
Daily Dispatches
Sprott's Hathaway again details why gold should be going up, not why it hasn't been
Submitted by admin on Wed, 2021-10-20 11:07 Section: Daily Dispatches10:04a CT Wednesday, October 20, 2021
Dear Friend of GATA and Gold:
In his new market letter for Canadian fund manager Sprott, portfolio manager John Hathaway details why gold and gold mining shares should be going up, but, like all other respectable market analysts, doesn't attempt to explain why gold and gold mining shares have been going down even as inflation and debt have been exploding.
With metals recovering, Calandra Report has a special discount offer for friends of GATA
Submitted by admin on Wed, 2021-10-20 10:13 Section: Daily Dispatches9:12a CT Wednesday, October 20, 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.
This week, with metals prices showing signs of recovery amid the storm of inflation, Thom is reviviong 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.
Why not just issue certificates for defunct hard drives?
Submitted by admin on Tue, 2021-10-19 20:56 Section: Daily DispatchesBritain's Royal Mint to Extract Gold from Discarded Electronics
By Peter Hobson
Reuters
Tuesday, October 19, 2021
LONDON -- Britain's Royal Mint said on Wednesday it planned to build a plant in Wales that could reclaim hundreds of kilograms of gold and other precious metals from electronic waste such as mobile phones and laptops.
Gold and silver are highly conductive and small quantities are embedded in circuit boards and other hardware, along with other precious metals.
... Dispatch continues below ...
Craig Hemke at Sprott Money: A base case for silver
Submitted by admin on Tue, 2021-10-19 17:20 Section: Daily Dispatches4:20p CT Tuesday, October 19, 2021
Dear Friend of GATA and Gold:
Copper and silver, the TF Metals Report's Craig Hemke writes today at Sprott Money, are late to the blastoff of commodity prices, but the big banks trading them are getting long, so silver's day is coming soon. Hemke's analysis is headlined "A Base Case for Silver" and it's posted at Sprott Money here:
https://www.sprottmoney.com/blog/A-Base-Case-for-Silver-Craig-Hemke-October-19-2021
Gold trading in Moscow gets a boost after London link
Submitted by admin on Tue, 2021-10-19 12:55 Section: Daily DispatchesBy Yuliya Fedorinova and Evgenia Pismennaya
Bloomberg News
via Yahoo News, Sunnyvale, California
Tuesday, October 19, 2021
The Moscow Exchange plans to further boost gold trading in the world’s No. 2 miner after creating closer ties to the key London market.
Ted Butler: Silver eruption
Submitted by admin on Tue, 2021-10-19 12:44 Section: Daily Dispatches11:42a Tuesday, October 19, 2021
Dear Friend of GATA and Gold:
In his latest public commentary, "Silver Eruption," silver market analyst Ted Butler asks the key question about the monetary metals markets:
"Try coming up with an alternative explanation to explain the upward trajectory in everything around us -- stocks, bonds, commodities, real estate, and cryptos, and then try to explain silver sitting out the boom."
Gold too, of course.
Butler's commentary is posted at GoldSeek's companion site, SilverSeek, here:
Pam and Russ Martens: Major financial news organizations suppress news critical of Fed, banks
Submitted by admin on Tue, 2021-10-19 12:29 Section: Daily Dispatches11:28a CT Tuesday, October 19, 2021
Dear Friend of GATA and Gold:
Pam and Russ Martens of Wall Street on Parade today detail how major financial news organizations, including The New York Times and Wall Street Journal, suppress major news impugning the Federal Reserve and the big banks the Fed purportedly supervises. Of course as GATA has long complained, the major financial news organizations similarly suppress what should be news about intervention against gold by central banks and the commercial banks they use as brokers.
Fed chairman sold more than a million dollars in stocks as market tanked
Submitted by admin on Tue, 2021-10-19 12:16 Section: Daily DispatchesBy Robert Kuttner
The American Prospect, Washington
Monday, October 18, 2021
Federal Reserve Chairman Jerome Powell sold between $1 million and $5 million worth of stock from his personal account on October 1, 2020, according to disclosure forms reviewed by the Prospect. Powell's sale of shares from a Vanguard Total Stock Market Index Fund has not been previously reported. This sale occurred right before the Dow Jones Industrial Average suffered a significant drop.
With metals recovering, Calandra Report has a special discount offer for friends of GATA
Submitted by admin on Mon, 2021-10-18 13:50 Section: Daily Dispatches4:16p CT Monday, October 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 metalss
This week, with metals prices showing signs of recovery amid the storm of inflation, Thom is reviviong 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.
Here is the PayPal code for the special subscription offer:
Alasdair Macleod: The stagflation myth
Submitted by admin on Thu, 2021-10-14 14:49 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, October 14, 2021
Describing evolving inflationary conditions as stagflation misses the point about today's inflationary conditions. Stagflation was originally used only in the context of excessive wage increases not matched by improved trading prospects. Just in that narrow sense, today we are experiencing stagflation.