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Daily Dispatches
Turkey has no cure for a gold craze that leaves lira vulnerable
Submitted by cpowell on Sat, 2020-11-28 12:09 Section: Daily DispatchesBy Asli Kandemir and Ugur Yilmaz
Bloomberg News
Thursday, November 26, 2020
A year of crisis for the lira has kept Turks buying gold at a record pace. Now the appetite for more bullion risks becoming a drag on the currency just as a rally struggles to regain momentum.
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Submitted by cpowell on Sat, 2020-11-28 11:45 Section: Daily Dispatches11:47a ET Saturday, November 28, 2020
Dear Friend of GATA and Gold:
With gold and silver due to rebound from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.
Dave Kranzler: Fake news engulfs the gold and silver markets
Submitted by cpowell on Fri, 2020-11-27 12:19 Section: Daily DispatchesBy Dave Kranzler
Investment Research Dynamics, Denver
Friday, November 27, 2020
The gold price was given a a quick $35 ride on the down-elevator today starting at 7:40 a.m ET. There were no news items or events that occurred that would have triggered the price hit.
Alasdair Macleod: Global inflation watch
Submitted by cpowell on Fri, 2020-11-27 11:51 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Friday, November 27, 2020
This article posits that fiat currencies are on the path to hyperinflation and looks at the evidence in the prices of financial assets and commodities.
Ex-bullion banker tells Bullion Star's Manly that there's more gold 'credit' than metal in London
Submitted by cpowell on Fri, 2020-11-27 00:40 Section: Daily Dispatches12:40a ET Friday, November 27, 2020
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly this week interviewed a former London bullion banker, Daniel March, about the operations of the London gold market, the essence of which seems to be that there is an awful lot of gold "credit" and not so much real metal.
Bitcoin plunges with other cryptos amid threat to anonymity
Submitted by cpowell on Thu, 2020-11-26 11:30 Section: Daily DispatchesBy Eric Lam and Todd White
Bloomberg News
Thursday, November 26, 2020
Bitcoin plunged today in a selloff that saw other digital assets fall as much as 27%, a slide likely to stoke speculation about the durability of the latest boom in cryptocurrencies.
If you like mining shares and GATA, subscribe to The Calandra Report
Submitted by cpowell on Thu, 2020-11-26 11:28 Section: Daily Dispatches11:30a ET Thursday, November 26, 2020
Dear Friend of GATA and Gold:
With gold and silver due to rebound from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.
Portugal's 10-year bond yield drops below zero
Submitted by cpowell on Thu, 2020-11-26 11:14 Section: Daily DispatchesBy Tommy Stubbington
Financial Times, London
Thursday, November 26, 2020
Portugal's 10-year bond yield fell below zero for the first time today as expectations of further asset purchases by the European Central Bank continued to stoke a relentless rally in eurozone debt.
Trump administration denies permit for Pebble mine in southwest Alaska
Submitted by cpowell on Wed, 2020-11-25 17:13 Section: Daily DispatchesBy Alex DeMarban
Anchorage Daily News
Wednesday, November 25, 2020
The Trump administration today rejected a permit for the controversial Pebble copper and gold mine in Southwest Alaska.
The decision brings to an end -- for now at least -- the long roller-coaster effort to build the giant project near the world's largest wild sockeye salmon fishery.
Pam and Russ Martens: Citigroup and JPM now have been fined for crimes that regulators won't reveal
Submitted by cpowell on Wed, 2020-11-25 12:26 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Wednesday, November 25, 2020
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