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Daily Dispatches
To Danske Bank and rich Russians, gold still looks like pretty good money
Submitted by cpowell on Sun, 2019-11-10 10:01 Section: Daily DispatchesDanske Pitched Gold to Rich Russians Eager to Avoid Attention
By Irina Reznik, Ott Ummelas, and Frances Schwartzkopff
Bloomberg News
Sunday, November 10, 2019
At the height of the Danske Bank dirty-money scandal, the lender started offering gold bars to wealthy clients to help them keep their fortunes hidden, according to documents seen by Bloomberg.
Desperate pounding of gold futures isn't discouraging buyers, Macleod tells KWN
Submitted by cpowell on Sat, 2019-11-09 17:07 Section: Daily Dispatches5:06p ET Saturday, November 9, 2019
Dear Friend of GATA and Gold:
Something very strange is happening in the gold futures market in New York, GoldMoney research director Alasdair Macleod says in an interview today with King World News.
That is, the number of contracts is exploding even as the gold price is falling, indicating enormous buying despite the falling price.
Bundesbank denies recent increase in gold reserves
Submitted by cpowell on Fri, 2019-11-08 09:47 Section: Daily Dispatches9:45a ET Friday, November 8, 2019
Dear Friend of GATA and Gold:
Replying today to GATA's request for clarification, made Monday, the press office of Germany's Bundesbank said the central bank had not increased its gold reserves recently, contrary to what had been reported obscurely by Bloomberg News:
http://www.gata.org/node/19559
CHRIS POWELL, Secretary/Treasurer
Alasdair Macleod: Plans for a global dystopia
Submitted by cpowell on Thu, 2019-11-07 12:07 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, November 7, 2019
Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked.
China's gold-buying spree comes to an end after 10 months
Submitted by cpowell on Thu, 2019-11-07 10:32 Section: Daily DispatchesIf you believe that public reports tell the whole story.
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By Ranjeetha Pakiam
Bloomberg News
Thursday, November 7, 2019
China just hit the pause button on its gold-buying spree.
Pam and Russ Martens: The NY Fed's incestuous relationship with JPMorganChase
Submitted by cpowell on Wed, 2019-11-06 21:53 Section: Daily DispatchesDangerous Liaisons: The New York Fed and JPMorgan's Incestuous Relationship
By Pam and Russ Martens
Wall Street on Parade
Wednesday, November 6, 2019
Indian startup quickly monetizes gold and collects interest on it
Submitted by cpowell on Wed, 2019-11-06 21:36 Section: Daily DispatchesWho can honestly say the metal isn't money? Who can honestly say it doesn't pay interest?
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A Startup Is Cashing In on India's $1 Trillion Gold Stash
By Suvashree Ghosh and Saritha Rai
Bloomberg News
Wednesday, November 6, 2019
Steve Brown: Syria is lost, Lebanon's gold is next
Submitted by cpowell on Wed, 2019-11-06 11:26 Section: Daily Dispatches11:27a ET Wednesday, November 6, 2019
Dear Friend of GATA and Gold:
At Lew Rockwell's internet site financial writer Steve Brown argues that gold trading and swapping have been controlled by the United States to maintain control over worldwide currency values. Brown's analysis is headlined "Syria Is Lost, Lebanon's Gold Is Next" and it's posted here:
Texas voters approve sales tax exemption for state-vaulted monetary metals
Submitted by cpowell on Wed, 2019-11-06 11:02 Section: Daily DispatchesBy Sanford Nowlin
San Antonio Current
Wednesday, November 6, 2019
Texas voters on Tuesday approved a controversial measure making it significantly harder for the state to pass an income tax. They also green lit eight other amendments to the Texas Constitution. ...
Ronan Manly: The power of gold in times of crisis
Submitted by cpowell on Tue, 2019-11-05 21:04 Section: Daily Dispatches9:05p ET Tuesday, November 5, 2019
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly tonight details some of gold's great rescues in extreme political circumstances, from Vietnam to South Korea to Argentina to Venezuela and to Zimbabwe.
Manly's commentary is headlined "The Power of Gold in Times of Crisis" and it's posted at Bullion Star here:
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