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Daily Dispatches

Portugal's 10-year bond yield drops below zero

Section: Daily Dispatches

By 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

Section: Daily Dispatches

By 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.

Craig Hemke: Smash aims to deter Comex delivery demands but it's failing

Section: Daily Dispatches

9:02p ET Tuesday, November 24, 2020

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, elaborates on the evidence that the smashing of gold futures prices in recent days has been undertaken by bullion banks to diminish delivery demands on the December gold futures contract, which is expiring shortly.

If you like mining shares and GATA, subscribe to The Calandra Report

Section: Daily Dispatches

2:23p ET Tuesday, November 24, 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.

New York Sun: Janet Yellen to Treasury? So much for Fed independence

Section: Daily Dispatches

From The New York Sun
Monday, November 23 2020

News that Vice President Biden intends to nominate the former chairman of the Federal Reserve, Janet Yellen, to be treasury secretary certainly has its ironies.

Morgan's profit from gold business this year more than covers $920 million fine for market rigging

Section: Daily Dispatches

JPMorgan Dominates Gold Market with Record $1 Billion Precious Metals Revenue

By Peter Hobson
Reuters
Monday, November 23, 2020

LONDON -- JPMorgan has earned record revenue of around $1 billion so far this year from trading, storing, and financing precious metals, vastly outperforming rival banks, two sources familiar with the matter told Reuters.

Dollar falls to 2018 lows as vaccine optimism damps haven demand

Section: Daily Dispatches

By Ruth Carson and Greg Ritchie
Bloomberg News
Monday, November 23, 2020

The dollar dropped to a 2 1/2-year low as the prospect of vaccine rollouts added to headwinds for the world's reserve currency.

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