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Daily Dispatches
Africa's biggest fund manager wants to see local interest for any gold mining mergers
Submitted by admin on Tue, 2021-03-30 11:13 Section: Daily DispatchesFelix Njini and Loni Prinsloo
Bloomberg News
via Yahoo Finance, Sunnyvale, California
Tuesday, March 30, 2021
Africa's biggest fund manager and a key investor in South African gold companies said any consolidation in the sector must benefit the country as well as shareholders.
U.S. companies sound inflation alarm
Submitted by admin on Mon, 2021-03-29 20:53 Section: Daily DispatchesBy Aziza Kasumov, Colby Smith, and Eric Platt
Financial Times, London
Monday, March 29, 2021
Investors are fretting over inflation. Scores of U.S. companies are saying they are right to.
A growing number of businesses are warning that supply-chain bottlenecks, increasing raw material costs, and higher labour expenses are beginning to bite.
Manufacturing behemoth 3M has flagged rising air and freight costs to ship its goods, while Walmart has warned on the congestion in U.S. ports.
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Wall Street Silver interviews GATA secretary on defeating gold and silver price suppression
Submitted by admin on Sun, 2021-03-28 23:18 Section: Daily Dispatches11:15p ET Sunday, March 28, 2021
Dear Friend of GATA and Gold:
Your secretary/treasurer was interviewed for a half hour Friday by Wall Street Silver founders Ivan Bayoukhi and Lee Justo, discussing the documentation of surreptitious intervention by governments and central banks in the gold and silver markets and how the price suppression can be defeated.
Rare 1822 gold coin fetches $8.4 million at auction, a record for a U.S. coin
Submitted by admin on Sat, 2021-03-27 22:47 Section: Daily DispatchesBy Ken Ritter
Associated Press
via The Day, New London, Connecticut
Saturday, March 27, 2021
LAS VEGAS -- The coin trading world has a new gold standard, after the only known 1822 half eagle $5 piece in private hands sold at auction in Las Vegas for $8.4 million, experts said Friday.
Douglas Mudd, curator and director of the Edward C. Rochette Money Museum in Colorado Springs, Colo., confirmed the coin is one of three of its kind in existence and the auction price Thursday was the highest for a U.S. gold coin struck by the U.S. Mint.
Dalio sees 'good probability' bitcoin gets outlawed
Submitted by admin on Sat, 2021-03-27 22:37 Section: Daily DispatchesBy Julia La Roche
Yahoo News, Sunnyvale, California
Wednesday, March 24, 2021
Billionaire investor Ray Dalio, the founder of the $150 billion hedge fund Bridgewater Associates -- the world's largest -- made a case that there's a "good probability" bitcoin could be outlawed, similar to when the U.S. government made it illegal to privately own gold.
Mexican central bank reported to suspend production of silver Libertads
Submitted by admin on Fri, 2021-03-26 12:53 Section: Daily Dispatches12:56p ET Friday, March 26, 2021
Dear Friend of GATA and Gold:
Hugo Salinas Price, president of the Mexican Civic Association for Silver, whose family operates Banco Azteca, reports that the Mexican central bank, the Banco de Mexico, has suspended production of the famous Mexican silver Libertad coin --
https://www.banxico.org.mx/banknotes-and-coins/new-libertad-series-silve...
-- attributing the decision to difficulties caused by the coronavirus epidemic.
Hemke and Maguire discuss the fraud of the gold and silver futures markets
Submitted by admin on Thu, 2021-03-25 18:23 Section: Daily Dispatches6:20p ET Thursday, March 25, 2021
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report and Sprott Money News today joins London metals trader Andrew Maguire on Kinesis Money's "Live from the Vault" program, discussing the fraud of the fractional-reserve gold and silver banking system and the gold and silver futures markets.
They agree that the best way of defeating the fraud is to purchase and take delivery of real metal, not to purchase "unallocated" metal or derivatives.
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Another mainstream journalist purports to explain the gold price without reference to central banks
Submitted by admin on Thu, 2021-03-25 14:10 Section: Daily DispatchesThursday, March 25, 2021
Brett Arends
MarketWatch.com
1211 6th Ave
New York, N.Y. 10036
Dear Mr. Arends:
Regarding your commentary at MarketWatch today, "What's Up -- Or Down -- With Gold?" --
https://www.marketwatch.com/story/whats-upor-down-with-gold-11616618248
Alasdair Macleod: Biden's last throw of the geopolitical dice
Submitted by admin on Thu, 2021-03-25 12:07 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, March 25, 2021
In a continuing cold war, America is already on the back foot. We have yet to see how long it will be before the Biden administration realises its few victories will be unaffordably Pyrrhic, and by merely not responding to American provocation the Chinese/Russian partnership will emerge as the victors.
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Stefan Gleason: Fed's crypto plans may turn bitcoin bulls into gold bugs
Submitted by admin on Wed, 2021-03-24 20:30 Section: Daily DispatchesBy Stefan Gleason
Money Metals News Service, Eagle, Idaho
Tuesday, March 23, 2021
The globalist push for central bank digital currency is ramping up.
On Monday, Federal Reserve Chairman Jerome Powell spoke at a virtual "Innovation Summit" hosted by the Bank for International Settlements, the central bank for central banks around the world.
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