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Daily Dispatches
Dave Kranzler: The iShares silver 'trust' SLV is likely a fraud
Submitted by cpowell on Tue, 2021-02-16 11:53 Section: Daily DispatchesBy Dave Kranzler
Investment Research Dynamics, Denver
Tuesday, February 16, 2021
Those of us who read the original filings for the gold exchange-traded fund GLD and the silver exchange-traded fund SLV were shocked that the prospectus for each was certified by the U.S. Securities and Exchange Commission.
FX rigging may have spread to 200 chat rooms, lawyer says
Submitted by cpowell on Mon, 2021-02-15 11:41 Section: Daily DispatchesBy Ellen Milligan
Bloomberg News
Monday, February 15, 2021
Traders may have used as many as 200 online chat rooms to rig foreign exchange rates, far more than previously thought, a lawyer for investors told a London court today.
Prospectus change frees SLV to detach its price from silver, Turk tells KWN
Submitted by cpowell on Sun, 2021-02-14 17:09 Section: Daily Dispatches5:09p ET Sunday, February 14, 2021
Dear Friend of GATA and Gold:
In comments today at King World News, GoldMoney founder and GATA consultant James Turk construes last week's amendment to the prospectus of the exchange-traded silver fund SLV to mean that fund can detach its share price from silver and make the price "whatever the managers want it to be."
Ronan Manly: Silver squeeze hits London as SLV warns of limited supply
Submitted by cpowell on Sun, 2021-02-14 16:55 Section: Daily Dispatches4:58p ET Sunday, February 14, 2021
Dear Friend of GATA and Gold:
Bullion Star's Ronan Manly today compares the recent hurried changes in the prospectus of the exchange-traded silver fund SLV with SLV's recent enormous claims on London-vaulted silver, which already seemed in tight supply.
Mike Ballanger: SLV's warning of short squeeze is a ruse to divert buying from physical
Submitted by cpowell on Sun, 2021-02-14 10:29 Section: Daily DispatchesBy Michael J. Ballanger
Sunday, February 14, 2021
The recent changes to the prospectus for the silver exchange-traded fund SLV --
-- represent a malevolent ruse to entrap the Reddit crowd by forcing a stampede into SLV in place of a stampede into physical silver.
FLASH: Silver ETF SLV admits trouble sourcing metal and vulnerability to 'dramatic' short squeeze
Submitted by cpowell on Sat, 2021-02-13 19:39 Section: Daily Dispatches7:46p ET Saturday, February 13, 2021
Dear Friend of GATA and Gold (and Silver):
The silver exchange-traded fund SLV appears to have just amended its prospectus to acknowledge difficulty in sourcing metal for the fund.
Alasdair Macleod: Crazy days for money
Submitted by cpowell on Fri, 2021-02-12 14:08 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Friday, February 12, 2021
This article anticipates the end of the fiat currency regime and argues why its replacement can only be gold and silver, most likely in the form of fiat money turned into gold substitutes.
Jim Rickards: Only way out of the death/debt trap is gold-assisted inflation
Submitted by cpowell on Fri, 2021-02-12 13:53 Section: Daily DispatchesBy James Rickards
The Daily Reckoning, Baltimore
Tuesday, February 9, 2021
I've said the U.S. is caught in a debt death trap. Monetary policy won't get us out because the velocity of money, the rate at which money changes hands, is dropping.
Printing more money alone will not change that.
IMF may shower member nations with $500 billion in Special Drawing Rights
Submitted by cpowell on Fri, 2021-02-12 13:29 Section: Daily DispatchesYellen Tells G7 Finance Ministers to 'Go Big' with Fiscal Support
By James Politi
Financial Times, London
Friday, February 12, 2021
Nigeria delays plans to regulate cryptocurrencies and dealers
Submitted by cpowell on Fri, 2021-02-12 13:21 Section: Daily DispatchesBy Emele Onu
Bloomberg News
Friday, February 12, 2021
Nigeria's Securities and Exchange Commission has suspended previously announced plans to regulate cryptocurrencies until those dealing in them are able to open bank accounts in the West African nation.
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