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Daily Dispatches

Budapest Business Journal: A paper gold crisis?

Section: Daily Dispatches

By Les Nemethy and Alberto Scalabrini
Budapest Business Journal, Hungary
Saturday, October 17, 2020

'Weird stuff' suggests there are no markets anymore, just interventions, Sprott says

Section: Daily Dispatches

7:38p ET Saturday, October 17, 2020

Dear Friend of GATA and Gold:

In his weekly review with Craig Hemke for Sprott Money, mining entrepreneur Eric Sprott says increasing incidents of "weird stuff" make him believe increasingly that there are no markets anymore, just interventions.

Fed officials call for safeguards against the bubbles they blow

Section: Daily Dispatches

Huh? Why not just stop blowing bubbles?

* * *

Federal Reserve Debates Tougher Regulation to Prevent Asset Bubbles

By James Politi
Financial Times, London
Saturday, October 17, 2020

Kinross considers selling gold mines in Americas, doubling down on West Africa and Russia

Section: Daily Dispatches

By Niall McGee
The Globe and Mail, Toronto
Friday, October 16, 2020

Kinross Gold Corp. is considering selling its gold mines in North and South America, moving its primary stock listing to London, and doubling down on its portfolio of assets in Russia and West Africa, according to three sources familiar with the discussions.

No deal yet on Papua New Guinea mine, Barrick CEO Bristow says

Section: Daily Dispatches

From Reuters
Friday, October 16, 2020

Barrick Gold Chief Executive Mark Bristow said today the Canadian miner was a "long way off" from reaching agreement with Papua New Guinea about the disputed Porgera gold mine.

1713 gold 'Royal' coin from wrecked Spanish Plate Fleet to be auctioned next month

Section: Daily Dispatches

By Jeff Starck
Coin World, Sidney, Ohio
Friday, October 16, 2020

A rare gold Spanish colonial coin, with documented provenance to the famed 1715 Plate Fleet wrecks, highlights Daniel Frank Sedwick LLC's Treasure Auction 28 on Nov. 17.

Papua New Guinea gains 'major share' of Barrick's Porgera mine

Section: Daily Dispatches

From Bloomberg News
via Yahoo News
Friday, October 16, 2020

Papua New Guinea's push for greater sway over its own mineral wealth scored a win, with Barrick Gold Corp. agreeing to a deal that will see the South Pacific nation get a big stake in a key gold mine.

'Rigged' author Stuart Englert interviewed by Palisade Radio

Section: Daily Dispatches

1p ET Friday, October 16, 2020

Dear Friend of GATA and Gold:

Journalist Stuart Englert, author of the book "Rigged, Exposing the Largest Financial Fraud in History," which details the manipulation of gold prices by central banks and draws heavily on GATA's work, was interviewed this week by Tom Bodrovics at Palisade Radio. The interview is 36 minutes long and can be heard at YouTube here:

Sprott's John Hathaway: Gold, the simple math

Section: Daily Dispatches

12:45p ET Friday, October 16, 2020

Dear Friend of GATA and Gold:

Sprott gold portfolio manager John Hathaway this week published a report detailing the many factors supporting investment in gold and gold-mining companies.

Pam and Russ Martens: Stock mutual funds have net outflows for 25 weeks, totaling record $388.7 billion

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Friday, October 16, 2020

Refinitiv Lipper, which has been tracking mutual fund flows for the past 18 years, reports that for the week ended Wednesday, October 14, equity (stock) mutual funds marked their 25th week of net negative outflows, losing $8.6 billion for the week.

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