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Daily Dispatches
Biden administration moves to halt Pebble mine in Alaska
Submitted by admin on Thu, 2021-09-09 20:30 Section: Daily DispatchesBy Alex DeMarban
Anchorage Daily News, Alaska
Thursday, September 9, 2021
The U.S. Environmental Protection Agency announced today it will resume its effort to halt the Pebble copper and gold project in southwest Alaska, in order to protect Bristol Bay's salmon-rich waters from the risk of a mining accident.
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Good Mining Exploration Resumes Search
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Ted Butler: A gold whale surfaces
Submitted by admin on Thu, 2021-09-09 20:19 Section: Daily DispatchesBy Ted Butler
GoldSeek.com
Thursday, September 9, 2021
Compelling data in recent commitments of traders reports point to the emergence of a very large buyer in Comex gold futures.
The last four CoT reports, starting with the report for positions held as of August 10, show a dramatic increase on the long side in gold for the four largest traders (not to be confused with the concentrated short position I speak of regularly, particularly in silver).
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Craig Hemke at Sprott Money: Inflation is not 'transitory' and stagflation is on the way
Submitted by admin on Wed, 2021-09-08 22:25 Section: Daily Dispatches10:20p ET Wednesday, September 8, 2021
Dear Friend of GATA and Gold:
Inflation, the TF Metals Report's Craig Hemke writes today, is far from "transitory" if the commodity charts he presents are any indication. Indeed, Hemke writes, the data is starting to scream "stagflation."
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Ex-Treasury official whose leaks exposed corrupt banks goes to prison for it
Submitted by admin on Wed, 2021-09-08 11:42 Section: Daily DispatchesBy David Mack
BuzzFeed News, New York
Friday, September 3, 2021
Natalie "May" Edwards has made a pact with her 16-year-old daughter: Every night before bed for the next six months, each will say a quiet prayer at the exact same time. Her daughter will be doing so from home in Virginia. Edwards will be doing so from a women's federal prison in West Virginia.
Desperate for cash, Venezuela keeps selling gold
Submitted by admin on Tue, 2021-09-07 21:27 Section: Daily DispatchesVenezuelan Central Bank Gold Reserves Fall as Maduro Seeks Cash
From Reuters
Tuesday, September 7, 2021
CARACAS -- Venezuela's gold reserves fell by 3 tonnes in the first half of 2021 to their lowest level in 50 years, central bank data showed today, as President Nicolas Maduro's cash-strapped government continues selling gold as a source of income.
The withdrawals in the first six months of the year brought total reserves to 83 tonnes. The once-prosperous OPEC nation's economy is mired in a years-long collapse, starving the government of funds.
Tour the Bank for International Settlements exhibition to discern all that's missing
Submitted by admin on Tue, 2021-09-07 12:24 Section: Daily Dispatches12:35p ET Tuesday, September 7, 2021
Dear Friend of GATA and Gold:
If you're near Switzerland at the end of October and the beginning of November, you might want to head over to Basel to help the Bank for International Settlements celebrate itself.
The bank announced yesterday that it is planning "a special exhibition marking its 90 years of promoting global monetary and financial stability":
Real yields on European junk bonds go negative for first time
Submitted by admin on Tue, 2021-09-07 11:20 Section: Daily DispatchesBy Naomi Rovnick and Martin Arnold
Financial Times, London
Tuesday, September 7, 2021
Investors in European junk bonds have begun accepting interest payments that are lower than eurozone inflation levels for the first time ever, in the latest sign that central banks' crisis-era debt purchases have shifted the balance between risk and reward.
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Good Mining Exploration Resumes Search
for Gold at Golden Target Project in Ontario
'Enormous' treasure trove of 6th-century gold found in Denmark
Submitted by admin on Mon, 2021-09-06 18:13 Section: Daily DispatchesFrom Agence France-Presse
via EuroNews, Lyon, France
Sunday, September 5, 2021
One of the biggest treasure troves ever found in Denmark has been discovered in the southwest of the country.
Some 22 gold objects, dating from the sixth century, were discovered by an amateur archaeologist near the town of Jelling.
According to the Vejle Museum, where the horde is due to be displayed, Ole Ginnerup Schytz had just acquired a metal detector and was walking the fields when he came across the gold.
Venezuela's new 'lettuce'-based economy is good enough for now
Submitted by admin on Mon, 2021-09-06 08:53 Section: Daily DispatchesBy Virginia Lopez Glass
The New York Times
September 6, 2021
CARACAS, Venezuela -- A few years ago, Venezuela was experiencing such devastating food shortages that people stood for hours in lines just for a chance to buy basic staples. Venezuelans reported losing an average of 24 pounds in 2017. Today such hard times feel like a distant nightmare.
India's August gold imports nearly double from last year, highest in 5 months
Submitted by admin on Mon, 2021-09-06 08:46 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
Monday, September 6, 2021
MUMBAI -- India's gold imports in August nearly doubled from a year earlier to the highest in five months on strong demand and as weaker prices prompted jewellers to ramp up purchases for the festive season, a government source said.
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