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Daily Dispatches

Ronan Manly: The silver squeeze vs. Wall Street corruption

Section: Daily Dispatches

10:40a ET Wednesday, February 3, 2021

Dear Friend of GATA and Gold:

Bullion Star's Ronan Manly today questions the staggering volumes of silver reported to be moving in and out of the exchange-traded fund SLV, notes that JPMorganChase is the custodian of the fund's metal and is a serial criminal in the financial markets, and wonders if anyone really wants to rely on SLV's integrity.

U.S. Mint still rationing silver coins amid 'exceptional' demand

Section: Daily Dispatches

By Yvonne Yue Li
Bloomberg News
via Yahoo News
Tuesday, February 2, 2021

The Reddit-fueled run-up in silver prices might be stalling, but the U.S. Mint said it is still rationing its sales of silver coins because of "continued exceptional market demand" as well as limited supplies and manufacturing capacity.

GATA makes the Financial Times after all -- tellingly edited

Section: Daily Dispatches

7:48p ET Tuesday, February 2, 2021

Dear Friend of GATA and Gold:

It turns out that GATA made the Financial Times' internet site this afternoon after all -- likely for publication in tomorrow's print editions -- but only in a way suggesting that the newspaper is not willing to publicize any details of surreptitious government intervention in the monetary metals markets.

Craig Hemke at Sprott Money: Groundhog day for silver investors

Section: Daily Dispatches

5p ET Tuesday, February 2, 2021

Dear Friend of GATA and Gold:

Writing today at Sprott Money, the TF Metals Report's Craig Hemke reminds everyone that the derivatives system of setting gold and silver prices by creating imaginary infinite supply won't be broken until people stop participating in it and confine their purchases to real metal.

How far we have come, and how much farther we yet must go

Section: Daily Dispatches

12:30p ET Tuesday, February 2, 2021

Dear Friend of GATA and Gold (and Silver):

Maybe this is a small indication of how far GATA has come and how far we still must go if the rigging of the monetary metals markets is ever to be overthrown for the reasons of justice, humanity, and economics we have tried to articulate for 20 years.

New York Sun: Breakfast with Bunker

Section: Daily Dispatches

From The New York Sun
Tuesday, February 2, 2021

Reddit might be "coming for silver," Reuters reports this morning, but the wire reckons a short squeeze is "unlikely" -- never mind Thursday's headline on Reddit that blared silver could be the "biggest short squeeze in the world."

From rickety souk to global powerhouse: How Dubai became the City of Gold

Section: Daily Dispatches

By Ashleigh Stewart
CNN, Atlanta
Tuesday, February 2, 2021

As a child, Mihir Vaya helped his father run his fledgling jewelry business in Dubai.

Central banks take rare step of flagging currency sales in advance

Section: Daily Dispatches

By Eva Szalay Financial Times, London Tuesday, February 2, 2021 Several central banks have ventured into unusual territory in the opening weeks of this year, announcing currency sales in advance as they tread a delicate line between dulling the impact of a sliding dollar and dodging the ire of the U.S. Treasury.

Silver dealers scramble to find supplies for retail buyers

Section: Daily Dispatches

By Arpan Varghese
Reuters
Tuesday, February 2, 2021

A retail investment frenzy in silver over the past couple of days driven by social media has left dealers in some regions scrambling for bars and coins to meet demand.

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