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Daily Dispatches
Patrick Heller: 'Paper' gold can be risky business
Submitted by cpowell on Fri, 2019-11-22 10:45 Section: Daily DispatchesBy Patrick Heller
Numismatic News, Iola, Wisconsin
Thursday, November 21, 2019
Owning "paper" gold is not the same as possessing physical gold. Even though prices of both forms of gold ownership are currently the same, they will not necessarily be equal down the road.
Venezuela's paper currency is worthless, so its people seek virtual gold
Submitted by cpowell on Fri, 2019-11-22 10:34 Section: Daily DispatchesFrom The Economist, London
Thursday, November 22, 2019
Corruption, incompetence, and sanctions have devastated Venezuela's oil industry, the country's main source of hard currency. But Venezuela's economic crisis has encouraged the growth of another: the "farming" of virtual gold in the artificial worlds created by video games.
Glint Pay, gold payment start-up, is rescued by investors
Submitted by cpowell on Fri, 2019-11-22 10:27 Section: Daily DispatchesBy Daniel Thomas
Financial Times, London
Thursday, November 21, 2019
A UK start-up that lets customers buy and use gold for everyday spending has been saved from administration by its management and investors.
Ex-JPMorgan trader found guilty in U.S. currency-rigging trial
Submitted by cpowell on Thu, 2019-11-21 22:43 Section: Daily DispatchesBy Brendan Pierson
Reuters
Wednesday, November 20, 2019
NEW YORK -- A former foreign exchange trader at JPMorgan Chase & Co. was found guilty Wednesday of conspiring to rig trades for his own benefit.
Akshay Aiyer was convicted of one count of conspiracy by a jury in federal court in Manhattan, court records show. He is scheduled to be sentenced on April 3.
If not for GATA, what would you really know about gold?
Submitted by cpowell on Thu, 2019-11-21 21:34 Section: Daily Dispatches9:36p ET Thursday, November 21, 2019
Dear Friend of GATA and Gold:
Yikes! Trump Fed nominee Shelton admits central banks are currency manipulators
Submitted by cpowell on Thu, 2019-11-21 20:13 Section: Daily DispatchesTrump's Fed Pick Judy Shelton Cast Doubt on Central Bank Independence
By Saleha Mohsin
Bloomberg News
Thursday, November 21, 2019
Greta Thunberg lookalike in 1898 Yukon gold rush photo sparks time-travel theories
Submitted by cpowell on Thu, 2019-11-21 14:54 Section: Daily DispatchesBy Devika Desai
National Post, Toronto
Thursday, November 21, 2019
A 120-year-old photograph of a girl digging for gold in the Yukon has sparked online theories that climate-change activist Greta Thunberg might be a time traveller.
Jan Nieuwenhuijs, once Koos Jansen, resumes research at Voima Gold
Submitted by cpowell on Thu, 2019-11-21 14:37 Section: Daily Dispatches2:37p ET Thursday, November 21, 2019
Dear Friend of GATA and Gold:
Jan Nieuwenhuijs, whose research in recent years made him an expert on China's gold market when he was writing for Bullion Star using the pseudonym Koos Jansen, has become researcher for Voima Gold in Helsinki, Finland, and will resume his public commentaries there without a pseudonym.
If not for GATA, what would you really know about gold?
Submitted by cpowell on Wed, 2019-11-20 21:49 Section: Daily Dispatches9:51p ET Wednesday, November 20, 2019
Dear Friend of GATA and Gold:
Pam and Russ Martens: These are the banks that own the NY Fed and its money button
Submitted by cpowell on Wed, 2019-11-20 15:08 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Wednesday, November 20, 2019
The New York Fed has now pumped out upwards of $3 trillion in a period of 63 days to unnamed trading houses on Wall Street to ease a liquidity crisis that has yet to be credibly explained. In addition, it has launched a new asset purchase program, buying up $60 billion each month in U.S. Treasury bills.
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