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Daily Dispatches

Dave Kranzler: Stocks and gold -- what happened last week

Section: Daily Dispatches

1:15p ET Saturday, February 29, 2020

Dear Friend of GATA and Gold:

Gold is said to have been sold to cover margin calls in other assets

Section: Daily Dispatches

Gold Joins the Virus Selloff With Its Biggest Slide Since 2013

By Justina Vasquez and Ranjeetha Pakiam
Bloomberg News
Friday, February 28, 2020

It is an odd moment for gold to be tumbling. One of the oldest and most trusted safe havens in times of crises, gold typically rallies amid nasty stock selloffs like the one that has gripped the world this week.

Competition court says global banks can be fined in South Africa over rate rigging

Section: Daily Dispatches

By Emma Rumney
Reuters
Friday, February 28, 2020

JOHANNESBURG -- South Africa's Competition Appeal Court has overturned a decision that a host of international banks cannot be fined if found guilty for alleged exchange rate rigging, the country's Competition Commission said today.

Alasdair Macleod: Why a bear market will lead to the dollar's collapse

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, February 27, 2020

Falling equity markets this week are likely to signal the onset of a bear market, responding to a combination of the coronavirus spreading beyond China and persistent indications of a developing recession.

Ted Butler: A Bear Stearns deja vu?

Section: Daily Dispatches

By Ted Butler
SilverSeek.com
Thursday, February 27, 2020

Having traded as high as $1691 in Comex April gold and $18.92 in March silver on Monday on near-record volume and closing not far from those levels as of the 1:30 p.m. ET settlements, prices sold off sharply in the always thinly-traded afterhours.

Support our campaign for a free gold market by purchasing GATA-label wine

Section: Daily Dispatches

2p ET Thursday, February 27, 2020

Dear Friend of GATA and Gold:

Wine carrying the label of the Gold Anti-Trust Action Committee are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

Pam and Russ Martens: Dimon's remarks on Discount Window add to market panic

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Thursday, February 27, 2020

During the financial panic of 1907, John Pierpont Morgan corralled the money men of New York together and convinced them to join him in bailing out teetering financial institutions in order to calm the panic in the markets. His plan worked.

Bloomberg News manages to say something positive about gold

Section: Daily Dispatches

History Shows Gold's Rally May Only Just Be Getting Started

By Elena Mazneva, Ranjeetha Pakiam, and Justina Vasquez
Bloomberg News
Wednesday, February 26, 2020

Even with gold at seven-year highs, there's still room for more gains if history is anything to go by.

Jim Rickards: Of course gold is manipulated -- the evidence is overwhelming -- but it will win in the end

Section: Daily Dispatches

By James G. Rickards
Daily Reckoning, Baltimore
Tuesday, February 25, 2020

https://dailyreckoning.com/how-gold-is-manipulated/

Is there gold price manipulation going on? Absolutely. There's no question about it. That's not just an opinion.

There is hard statistical evidence to make the case, in addition to anecdotal evidence and forensic evidence. The evidence is very clear, in fact.

You can distinguish conspiracy theories from conspiracy facts, if you really want to and try

Section: Daily Dispatches

2:57p ET Wednesday, February 26, 2020

Dear Friend of GATA and Gold:

A grudgingly approving reference to GATA comes today from the investment research chief of currency trading house BDSwiss, Marshall Gittler, whose essay at FXStreet is headlined "Another 'Risk-Off' day, But with Another Fall in Gold":

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