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Daily Dispatches

Alasdair Macleod: Will Brexit and coronavirus end the EU?

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, March 5, 2020

Daily Reckoning's Brian Maher: Did the Fed bail out the market Friday?

Section: Daily Dispatches

By Brian Maher
The Daily Reckoning, Baltimore
Friday, March 6, 2020

This Tuesday we vented the theory that the Federal Reserve has been sneakily -- and illegally -- purchasing stocks.

Citing Graham Summers, senior market strategist at Phoenix Capital Research:

'Spread the word!' Zambia buys artisanal gold to formalize wildcat mining

Section: Daily Dispatches

By Chris Mfula
Reuters
Friday, March 6, 2020

LUSAKA, Zambia -- Zambia's mining investment arm ZCCM-IH has started buying gold from artisanal and small-scale miners in a bid to formalise the unregulated sector whose ranks have swelled worldwide as gold prices soar, the agency said today.

Asian mining conferences postponed indefinitely

Section: Daily Dispatches

1:15p ET Friday, March 6, 2020

Dear Friend of GATA and Gold:

As gold prices gather momentum, scammers seek to capitalize

Section: Daily Dispatches

By Elliot Smith
CNBC, New York
Friday, March 6, 2020

The price of gold spiked again this week as investors sought surety amid concerns over the coronavirus outbreak, but scammers are also capitalizing on the surge.

The precious metal was trading at just below $1,670 today, having a few weeks ago surpassed $1,688.60 to hit its highest level since the start of 2013.

Pam and Russ Martens: Two charts explain why Wall Street bank stocks are selling off

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Friday, March 6, 2020

Yesterday the Dow Jones Industrial Average of 30 large cap companies closed with a loss of 969.5 points or 3.58 percent. That was bad enough but the losses among the biggest Wall Street banks outpaced the Dow losses by a significant margin.

Fed quarantines for 7-10 days dollars repatriated from Asia

Section: Daily Dispatches

By Pete Schroeder and Anna Irrera
Reuters
Friday, March 6, 2020

WASHINGTON -- The greenback faces the same fate as many travelers returning home from China and other coronavirus hot spots.

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