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Daily Dispatches
Dave Kranzler: The path of least resistance for gold is up
Submitted by cpowell on Mon, 2019-12-02 18:43 Section: Daily DispatchesBy Dave Kranzler
Investment Research Dynamics, Denver
Monday, December 2, 2019
The price of gold has held firm at the $1,460 (front-month contract basis, not the Kitco "spot" price) level despite the constant price attacks that have been occurring overnight and into the Comex floor trading hours since early November.
Pam and Russ Martens: NY Fed has some explaining to do over Morgan Stanley's unreported trading losses
Submitted by cpowell on Mon, 2019-12-02 14:49 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, December 2, 2019
James Gorman is the Chairman and CEO of Morgan Stanley. He also sits on the Board of Directors of the Federal Reserve Bank of New York, one of Morgan Stanley's regulators. ...
Jan Nieuwenhuijs: How much silver is above ground?
Submitted by cpowell on Mon, 2019-12-02 11:58 Section: Daily Dispatches11:59a ET Monday, December 2, 2019
Dear Friend of GATA and Gold:
Ronan Manly: Gold is always money, even behind enemy lines
Submitted by cpowell on Mon, 2019-12-02 11:40 Section: Daily Dispatches11:40a ET Monday, December 2, 2019
Dear Friend of GATA and Gold:
Another Chinese mining company buys another gold claim in the West
Submitted by cpowell on Mon, 2019-12-02 11:16 Section: Daily DispatchesChina's Zijin Mining to Buy Canada's Continental Gold for about $1 Billion
By Min Zhang and Dominique Patton
Reuters
Monday, December 2, 2019
BEIJING -- Zijin Mining Group Co. Ltd., one of China's biggest gold miners, has signed an agreement to buy Canadian miner Continental Gold Inc., saying the purchase would increase its gold reserves and boost cash flow and profit.
Fed doubles down on pretending inflation isn't already far above 'target'
Submitted by cpowell on Mon, 2019-12-02 10:53 Section: Daily DispatchesFederal Reserve Considers Letting Inflation Run Above Target
By Brendan Greeley
Financial Times, London
Monday, December 2, 2019
The Federal Reserve is considering introducing a rule that would let inflation run above its 2 percent target, a potentially significant shift in its interest rate policy.
New York Fed misrepresented disclosure rules to GATA, but so what?
Submitted by cpowell on Sun, 2019-12-01 19:59 Section: Daily Dispatches8:05p ET Sunday, December 1, 2019
Dear Friend of GATA and Gold:
Our friend J.D. writes today:
"I write regarding the interesting response you received from Shawn Elizabeth Phillips, corporate secretary at the Federal Reserve Bank of New York, by e-mail dated November 13, 2019:
Six European countries join barter system for Iran trade
Submitted by cpowell on Sat, 2019-11-30 22:09 Section: Daily DispatchesFrom Agence France-Presse
via Yahoo News
Saturday, December 30, 2019
PARIS -- Paris, London, and Berlin today welcomed six new European countries to the INSTEX barter mechanism, which is designed to circumvent US sanctions against trade with Iran by avoiding use of the dollar.
India makes gold jewellery hallmarking mandatory from January 15
Submitted by cpowell on Fri, 2019-11-29 14:28 Section: Daily DispatchesAmazing -- the Indian government facilitates the monetizing of gold here, rather than the usual paperizing of it.
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By Rajendra Jadhav
Reuters
Friday, November 29, 2019
Cuba reintroduces the dollar
Submitted by cpowell on Fri, 2019-11-29 10:43 Section: Daily DispatchesFrom The Economist, London
Thursday, November 28, 2019
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