You are here
Daily Dispatches
Pam and Russ Martens: Fed fears an explosion on Wall Street, and JPM lit the fuse
Submitted by cpowell on Mon, 2019-10-28 11:46 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, October 28, 2019
JPMorgan Chase is the largest bank in the United States, with $1.6 trillion in deposits from more than 5,000 retail bank branches spread across the country. When it withdraws liquidity from the U.S. financial system, that has a reverberating impact.
Russian central bank creating a financial settlements system with China and India
Submitted by cpowell on Mon, 2019-10-28 11:37 Section: Daily DispatchesBy Dmitry Grinkevich and Inna Grigoryeva
Izvestia, Moscow
Monday, October 28, 2019
Russia, China, and India have come up with a way to organize settlements in case of disconnection from the SWIFT system.
India's central bank quashes reports of selling gold reserves
Submitted by cpowell on Sun, 2019-10-27 10:50 Section: Daily DispatchesFrom The Times of India, Mumbai
Sunday, October 27, 2019
MUMBAI -- The Reserve Bank of India today clarified that it had not sold any of its gold reserves and neither done any trading in the metal.
The central bank's announcement, in a series of tweets, came after some reports that the bank has been selling its gold reserves. ...
Interventions against monetary metals are losing impact, GATA secretary says
Submitted by cpowell on Sat, 2019-10-26 10:23 Section: Daily Dispatches10:24a ET Saturday, October 26, 2019
Dear Friend of GATA and Gold:
In an interview this week with Mike Gleason of Money Metals Exchange, your secretary/treasurer remarks that the usual government-inspired smashdowns in the gold and silver markets seem to be losing their impact.
New York Sun: How can Congress lecture Facebook's Zuckerberg about money?
Submitted by cpowell on Sat, 2019-10-26 10:11 Section: Daily DispatchesFrom the New York Sun
Saturday, October 26, 2019
Ronan Manly: Wag the dog -- the new Comex and Shanghai gold contracts
Submitted by cpowell on Fri, 2019-10-25 10:50 Section: Daily Dispatches10:49a ET Friday, October 25, 2019
Dear Friend of GATA and Gold:
India's central bank seems to be selling gold in currency interventions
Submitted by cpowell on Fri, 2019-10-25 10:32 Section: Daily DispatchesReserve Bank of India Has Begun to Sell Some of Its Gold Again
By Gayatri Nayak
The Times of India, Mumbai
Friday, October 25, 2019
https://economictimes.indiatimes.com/markets/commodities/news/rbi-has-be...
Pam and Russ Martens: Fed ups Wall Street bailout to $690 billion a week as media, Congress snooze
Submitted by cpowell on Thu, 2019-10-24 12:32 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, October 24, 2019
Yesterday the Federal Reserve Bank of New York announced that the giant money spigot it turned on for Wall Street on September 17 would be growing exponentially beginning today.
Global banks, funds call for more capital from derivatives clearinghouses
Submitted by cpowell on Thu, 2019-10-24 10:53 Section: Daily DispatchesBy David Henry
Reuters
Thursday, October 24, 2019
NEW YORK -- Four global banks and five big fund managers today called on international regulators to require for-profit derivatives clearinghouses to put up more of their own capital to protect against cascading losses that could rock the world financial system.
The deadly cities of gold beneath Johannesburg
Submitted by cpowell on Thu, 2019-10-24 10:37 Section: Daily DispatchesBy Christopher Clark
The Guardian, London
Thursday, October 24, 2019
JOHANNESBURG, South Africa -- As he prepares to descend an abandoned mineshaft in Roodeport, a Johannesburg suburb, Fix, a sinewy informal goldminer from Lesotho, recounts stories of subterranean gun battles and unearthing the scattered bones of those who came before him.
Pages
