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Daily Dispatches
In Kitco interview, 'analyst' marvels dumbly at lethargy of gold price
Submitted by cpowell on Sat, 2019-11-23 11:47 Section: Daily Dispatches11:51a ET Saturday, November 23, 2019
Dear Friend of GATA and Gold:
Kitco yesterday quoted a "senior market strategist" expressing cluelessness about the recent lethargy of the gold price. The report was headlined "Gold Price Has 'Every Reason in the World to Rally'; Why Isn't It?" and it can be found here:
If not for GATA, what would you really know about gold?
Submitted by cpowell on Sat, 2019-11-23 09:10 Section: Daily Dispatches9:11a ET Saturday, November 23, 2019
Dear Friend of GATA and Gold:
Romanian president stalls repatriation of gold reserves
Submitted by cpowell on Fri, 2019-11-22 11:34 Section: Daily DispatchesFrom Romania Journal, Bucharest
Wednesday, November 20, 2019
President Klaus Iohannis has sent back to Parliament the law on gold repatriation initiated by the former Social Democratic Party leader Liviu Dragnea and by the party's Sen. Serban Nicolae. The law says Romania's gold reserves deposited abroad should be stored in the country.
... Dispatch continues below ...
Ted Butler: A genuine dilemma
Submitted by cpowell on Fri, 2019-11-22 11:24 Section: Daily Dispatches11:25a ET Friday, November 22, 2019
Dear Friend of GATA and Gold:
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
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