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Daily Dispatches
World's rich struggle to get hold of gold in 'crazy' moment
Submitted by cpowell on Wed, 2020-03-25 11:25 Section: Daily DispatchesBy Benjamin Stupples
Bloomberg News
Wednesday, March 25, 2020
Ludwig Karl is stuck at home, worried about his elderly relatives. All the while his business is booming.
Trillion-dollar coins would fund perpetually loaded debit cards for all
Submitted by cpowell on Tue, 2020-03-24 22:29 Section: Daily DispatchesTlaib Wants to Hand Out Debit Cards During Coronavirus, Mint Trillion-Dollar Coins to Cover Cost
By Tyler Olson
Fox News, New York
Tuesday, March 24, 2020
CME resolving physical gold squeeze with 100-ounce, 400-ounce, and 1-kg bars
Submitted by cpowell on Tue, 2020-03-24 21:53 Section: Daily DispatchesBy Neils Christensen
Kitco News, Montreal
Tuesday, March 24, 2020
Increasing pressure from market players and significant liquidity issues in the gold market are prompting CME Group to make some changes in how it delivers its physical gold.
Dutch bank ABN AMRO closing customer gold accounts
Submitted by cpowell on Tue, 2020-03-24 21:39 Section: Daily Dispatches9:31p ET Tuesday, March 24, 2020
Dear Friend of GATA and Gold:
End of metals price suppression is near, GATA chairman says
Submitted by cpowell on Tue, 2020-03-24 21:12 Section: Daily Dispatches9:15p ET Tuesday, March 24, 2020
Dear Friend of GATA and Gold:
Interviewed last week by digital silver vendor AGXpay, GATA Chairman Bill Murphy forecast the end of gold and silver price suppression. It may not be here yet but he had good timing. The interview is nine minutes long and can be viewed at YouTube here:
https://www.youtube.com/watch?v=T0M71lxcl-I&feature=youtu.be
CME is asked to change gold delivery rules amid coronavirus lockdown, sources tell Reuters
Submitted by cpowell on Tue, 2020-03-24 19:23 Section: Daily DispatchesBy Peter Hobson
Reuters
via Nasdaq.com, New York
Tuesday, March 24, 2020
https://www.nasdaq.com/articles/exclusive-cme-pushed-to-change-gold-deli...
'Are they losing control' at the Comex?
Submitted by cpowell on Tue, 2020-03-24 15:26 Section: Daily Dispatches3:30p ET Tuesday, March 24, 2020
Dear Friend of GATA and Gold:
Reacting to today's Financial Times report acknowledging "liquidity" problems in gold at the New York Commodities Exchange --
-- a Middle Eastern source who long has been intimately involved with the gold market says:
LBMA acknowledges gold liquidity problems amid price volatility
Submitted by cpowell on Tue, 2020-03-24 14:12 Section: Daily DispatchesIt's at the bottom of the Financial Times report below. Maybe liquidity problems are inevitable when people try to convert infinite paper to finite metal.
* * *
Goldman Sachs Tells Clients It Is Time to Buy Gold
By Neil Hume and Henry Sanderson
Financial Times, London
Tuesday, March 24, 2020
Pam and Russ Martens: The fear chart that Wall Street's smart money is watching
Submitted by cpowell on Tue, 2020-03-24 11:53 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, March 24, 2020
The chart that tells you how all today's economic troubles are going to end --
https://wallstreetonparade.com/2020/03/this-is-the-fear-chart-that-the-s...
$1 billion poured by traders into biggest credit ETF to front-run Fed
Submitted by cpowell on Tue, 2020-03-24 11:17 Section: Daily DispatchesBy Katherine Greifeld
Bloomberg News
Tuesday, March 24, 2020
The rush into investment-grade bonds picked up after the Federal Reserve said it will step into the market, with the world's largest credit exchange-traded fund seeing the second-biggest inflows in its 18-year history.