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Daily Dispatches

Pam and Russ Martens: Fed has blocked no bank merger since 2006

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Wednesday, July 14, 2021

On Monday the Federal Reserve (which includes no one elected to office by the American people) thumbed its nose at President Joe Biden, the man who received more than 81 million votes in the 2020 Presidential election, representing a 51.3 percent mandate from the American people who vote.

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USA Gold: Coins and Bullion Since 1973

Goodbye, South Africa

Section: Daily Dispatches

Ending gold price suppression could save you, but your government and mining companies don't care.

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Sibanye May Wind Down Gold Mines in Fading South African Sector

By Felix Njini
Bloomberg News
via Yahoo News, Sunnyvale, California
Wednesday, July 14, 2021

Sibanye Stillwater Ltd. may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.

Ed Steer's Gold & Silver Digest: A somewhat ugly CoT report

Section: Daily Dispatches

10:44p ET Tuesday, July 13, 2021

Dear Friend of GATA and Gold:

The Monday edition of GATA board member Ed Steer's Gold & Silver Digest report, headlined "A Somewhat Ugly CoT Report," is posted in the clear at GoldSeek here:

https://goldseek.com/article/somewhat-ugly-cot-report

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

Berlin gold coin heist defendants lose appeal

Section: Daily Dispatches

From Deutsche Welle
Bonn, Germany
Tuesday, July 13, 2021

A German federal court today rejected the appeal of two defendants who had been jailed for stealing a massive gold coin from Berlin's Bode Museum.

The court in the city of Leipzig concluded that there were no "legal errors to the disadvantage of the defendants" in their February 2020 sentencing and, as such, their prison terms were found to be legally binding.

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Craig Hemke at Sprott Money: Corrected golden lessons

Section: Daily Dispatches

10:10p ET Tuesday, July 13, 2021

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, recalls the U.S. State Department cable from 1974 showing that the U.S. gold futures market was endorsed by the government, if not essentially established by the government, in the expectation that it would divert private investment demand away from real metal and into derivatives whose prices were more easily controlled.

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Mike Ballanger: GATA, the original whistleblowers

Section: Daily Dispatches

9:30p ET Monday, July 13, 2021

Dear Friend of GATA and Gold:

In his financial letter this week our old friend Mike Ballanger of GGM Advisory Inc. in Port Perry, Ontario, credits GATA as "the original whistleblowers." The letter is posted as a Microsoft Word document here --

https://gata.org/sites/default/files/Ballanger-07-12-2021_0.doc

Irish-branded gold bars to go on sale for the first time

Section: Daily Dispatches

By Cate McCurry
Press Association, London
via Belfast Telegraph
Sunday, July 11, 2021

People will be able to give the gift of the gold as Irish-branded gold bars go on general sale for the first time following an agreement between one of the country's oldest institutions and a bullion dealership in the capital.

The Dublin Assay Office -- overseen by The Company of Goldsmiths of Dublin -- was established 384 years ago and it assays and hallmarks articles of precious metals sold in Ireland.

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A new gold-backed world reserve currency is coming, Leeb tells KWN

Section: Daily Dispatches

10p ET Sunday, July 11, 2021

Dear Friend of GATA and Gold:

Financial analyst Stephen Leeb predicts to King World News today that a new world reserve currency is inevitable and that it likely will be composed of a basket of currencies that in turn are backed by gold. 

Leeb explains his prediction at KWN here:

https://kingworldnews.com/leeb-the-coming-gold-based-monetary-system-will-have-some-surprises/

How Ottawa seized a golden opportunity to help defeat the Nazis in WWII

Section: Daily Dispatches

By Alistair Steele
Canadian Broadcasting Corp. News, Toronto
Saturday, July 10, 2021

In June 1940, the Second World War was not going well for Great Britain.

More than 300,000 Allied soldiers and sailors had just been rescued in the desperate evacuation from the French port of Dunkirk. The French army soon crumbled, and by mid-month German troops were marching into Paris.

The Nazi invasion of Britain seemed both imminent and inevitable.

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Can Reddit's silver 'apes' beat the market?

Section: Daily Dispatches

By Peter Hobson
Reuters
Friday, July 9, 2021

LONDON -- Kerry Kraker, 56, has worked in kitchens all his life. Since March he's spent around $100 a week -- half his spare cash -- on silver coins. He's part of a growing social media movement who say they are buying bars and coins for protection from a coming age of inflation.

Thanks to a community of like-minded silver "stackers" gathering on social-media platform Reddit Inc., Seattle-based Kraker says he also feels empowered.

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