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Daily Dispatches

Ronan Manly: Quantum leap for banks as ABN Amro questions gold price discovery

Section: Daily Dispatches

8:40p ET Friday, December 13, 2019

Dear Friend of GATA and Gold:

Bullion Star market analyst Ronan Manly today calls attention to a research paper by an analyst for the Dutch bank ABN Amro that acknowledges that there are two gold markets, the physical market and the paper market, the latter run by speculators who move the price around without regard to physical demand.

Boris Johnson heads for crushing UK election victory

Section: Daily Dispatches

The nations not so blest as thee
Must in their turns to tyrants fall,
While thou shalt flourish great and free,
The dread and envy of them all.

* * *

By George Parker
Financial Times, London
Friday, December 13, 2019

Ted Butler: The missing motive

Section: Daily Dispatches

11:25p ET Thursday, December 12, 2019

Dear Friend of GATA and Gold:

Physical market for metals will overcome derivatives, GATA chairman tells SBTV

Section: Daily Dispatches

10:26p ET Thursday, December 12, 2019

Dear Friend of GATA and Gold:

Interviewed by Patrick Vierra of Silver Bullion TV, GATA Chairman Bill Murphy says physical demand for the monetary metals is getting closer to overwhelming the derivatives market that has been suppressing metals prices. The interview is 34 minutes long and can be viewed at YouTube here:

Gold smuggling on the rise as high prices boost appeal in India

Section: Daily Dispatches

By Swansy Alonso
Bloomberg News
via Yahoo News
Thursday, December 12, 2019

Surging gold prices in India are keeping customs officials on their toes.

Infinite money is here, and to succeed it requires infinite monetary metals price suppression

Section: Daily Dispatches

Fed Plans More Term Repo Actions to Curb Year-End Turmoil

By Alex Harris
Bloomberg News
Thursday, December 12, 2019

The Federal Reserve Bank of New York announced plans to conduct repurchase-agreement operations within the second half of December that will span January.

Palladium is now more expensive than gold has ever been

Section: Daily Dispatches

By Elena Maznev
Bloomberg News
Thursday, December 12, 2019

Palladium rose for a 15th day, heading for its longest run of gains on record and exceeding the highest-ever price of gold.

JPMorgan advises shorting gold

Section: Daily Dispatches

JPMorgan Top 2020 Trades Say Short Gold, Buy Raft of Stocks

By Joanna Ossinger
Bloomberg News
Thursday, December 12, 2019

JPMorgan Chase & Co. is recommending a risk-on investment allocation for 2020 as the global economy gathers momentum in the wake of the slowdown of recent months.

Turkey wants the world's gold, with few questions asked

Section: Daily Dispatches

By Cagan Koc and Ercan Ersoy
Bloomberg News
Wednesday, December 11, 2019

Turkey is putting the finishing touches on a plan to loosen rules that govern the import of gold to one of the world's biggest consumers of the precious metal.

Stefan Gleason: Gold ETF holdings surge, but do they actually hold gold?

Section: Daily Dispatches

By Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Tuesday, December 10, 2019

Gold-linked exchange-traded products are growing in popularity with investors. Assets held by gold ETFs have grown 38 percent globally in 2019.

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