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Daily Dispatches
U.S. currency manipulator tag for Switzerland unlikely to deter FX approach
Submitted by cpowell on Wed, 2020-12-16 12:36 Section: Daily DispatchesBy Saikat Chatterjee, John Revill, and David Lawder
Reuters
Wednesday, December 16, 2020
Being named a currency manipulator by the U.S. Treasury may be an embarrassment for Switzerland, but the tag will likely have little effect on the Swiss National Bank’s monetary policy.
You're probably on a watch list already, so can you help us out?
Submitted by cpowell on Tue, 2020-12-15 22:59 Section: Daily Dispatches10:57p ET Tuesday, December 15, 2020
Dear Friend of GATA and Gold:
Paul complains Feds still manipulate gold and fears they'll do same to cryptos
Submitted by cpowell on Tue, 2020-12-15 22:55 Section: Daily Dispatches10:50p ET Tuesday, December 15, 2020
Dear Friend of GATA and Gold:
You're probably on a watch list already, so can you help us out?
Submitted by cpowell on Mon, 2020-12-14 23:44 Section: Daily Dispatches11:52p ET Monday, December 14, 2020
Dear Friend of GATA and Gold:
George Gero, an 'institution' of the gold industry, dies at 84
Submitted by cpowell on Mon, 2020-12-14 22:19 Section: Daily DispatchesBy Joe Deaux and Justina Vasquez
Bloomberg News
Monday, December 14, 2020
George Gero, a financial adviser known throughout the gold industry who claimed he traded one of the first gold contracts in New York, has died. He was 84.
He died on Saturday at his home, according to his obituary with Levine Memorial Chapel. No cause was given.
... Dispatch continues below ...
Senior staff at HSBC, Standard Chartered, and Deutsche Bank are Chinese Communist Party members
Submitted by cpowell on Sun, 2020-12-13 18:49 Section: Daily DispatchesBy Ben Gartside, Jack Hazlewood, and Juliet Samuel
The Telegraph, London
Sunday, December 13, 2020
Hundreds of senior employees at British banks HSBC and Standard Chartered have been members of the Chinese Communist Party, according to documents seen by the Daily Telegraph.
Relentless investment inflows to China spur prediction for strongest yuan since 1993
Submitted by cpowell on Sun, 2020-12-13 13:04 Section: Daily DispatchesFrom Bloomberg News
Saturday, December 12, 2020
The unrelenting pace of inflows heading for China's bonds and stocks has one yuan bull predicting the currency could strengthen to a level not seen in nearly three decades.
As Good as Gold Australia interviews GATA Chairman Murphy
Submitted by cpowell on Sat, 2020-12-12 20:00 Section: Daily Dispatches8p ET Saturday, December 12, 2020
Dear Friend of GATA and Gold:
Brian and Darryl Panes of As Good as Gold Australia this week interviewed GATA Chairman Bill Murphy about the history of gold price suppression policy and the prospects for the monetary metals in "a very frustrating time." The interview is 48 minutes long and can be viewed at YouTube here:
Treasure washes up on Venezuela's shore, bringing gold and hope to a village
Submitted by cpowell on Sat, 2020-12-12 11:49 Section: Daily DispatchesAnother day in another rich country insisting on being poor.
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By Anatoly Kurmanaev and Isayen Herrera
The New York Times
Saturday, December 12, 2020
GUACA, Venezuela -- The most extraordinary moment in the young fisherman's life began in the most mundane way: with a morning visit to the latrine.
Gold hubs including UAE pledge support for crackdown on illegal trade
Submitted by cpowell on Sat, 2020-12-12 11:43 Section: Daily DispatchesBy Peter Hobson and Maha El Dahan
Reuters
Friday, December 11, 2020
Eleven gold-trading hubs including the United Arab Emirates have declared their support for an initiative by the world's most influential bullion market authority to improve regulation on issues such as money laundering and unethical sourcing of gold.
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