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Daily Dispatches
2024 Sound Money Index highlights problematic states as well as gains
Submitted by admin on Wed, 2023-12-13 11:54 Section: Daily DispatchesFrom Money Metals News Service, Eagle, Idaho
Wednesday, December 13, 2023
With inflation, debt, and financial instability continuing to make headlines, a new national scorecard exposes Vermont, New Jersey, Maine, and Minnesota as America's absolute worst states for sound money, while Wyoming, South Dakota, Alaska, and New Hampshire came out on top in the rankings.
Chinese pay premium prices for gold as economic outlook dims
Submitted by admin on Tue, 2023-12-12 22:57 Section: Daily DispatchesBy Momoka Matsumoto, Noriyuki Doi, and Hiroki Masuda
Nikkei, Tokyo
Wednesday, December 13, 2023
Strong demand in China has pushed the price of gold there above an international benchmark as investors worry about the economy and currency.
New York gold futures touched a record high of more than $2,100 per troy ounce this month and have hovered around $2,000 since then.
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Clive Maund: Gold and silver outlook after contrived flushout
Submitted by admin on Tue, 2023-12-12 20:16 Section: Daily DispatchesBy Clive Maund
CliveMaund.com
Saturday, December 9, 2023
PM sector investors have just been royally played. First they are encouraged to pile in on gold's breakout to new highs, which occurred when it was already very overbought, and now they are being pressured into barfing their holdings before the sector turns around and then goes on to break out for real.
GATA's Steer interviewed by Operation Freedom's Dave Janda
Submitted by admin on Tue, 2023-12-12 19:51 Section: Daily Dispatches7:51p ET Tuesday, December 12, 2023
Dear Friend of GATA and Gold:
Interviewed by Michigan talk radio host Dave Janda of "Operation Freedom" and WAAM-AM1600 in Ann Arbor, GATA board member Ed Steer, publisher of Ed Steer's Gold & Silver Digest letter, discusses the "wash, rinse, repeat cycle" of bullion bank manipulation of the gold and silver futures markets and the world's steady move away from the U.S. dollar, which, he says, is a step toward the end of the fiat currency system.
David Lin interviews Rosa Abrantes-Metz on gold market manipulation
Submitted by admin on Mon, 2023-12-11 12:41 Section: Daily Dispatches12:35p ET Monday, December 11, 2023
Dear Friend of GATA and Gold:
Rosa Abrantes-Metz, managing director of international consulting firm BRG, discusses futures market manipulation with independent journalist David Lin, with an emphasis on the long-running manipulation of the gold market by major banks.
The interview is 38 minutes long and can be viewed at YouTube here:
Willem Middelkoop: Central banks and the revival of gold
Submitted by admin on Mon, 2023-12-11 11:33 Section: Daily DispatchesBy Willem Middelkoop
Official Monetary and Financial Issues Forum, London
Monday, December 11, 2023
One of the most significant changes in the world of money has been happening by stealth rather than through any policy announcement. Gold has regained a solid yet unofficial role in the world's monetary system in a barely noticed, gradual process that cannot now be overlooked.
James Hanson: Finding a home for paper gold again
Submitted by admin on Sun, 2023-12-10 08:22 Section: Daily Dispatches8:22a :Sunday, December 10, 2023
Dear Friend of GATA and Gold:
James Hanson, who recently retired as a financial analyst for the U.S. Federal Deposit Insurance Corp., has written an essay showing how U.S. regulators long have been striving to obscure the positions taken in gold derivatives by U.S. banks.
Russia tries to unfreeze gold reserves for climate funds
Submitted by admin on Sat, 2023-12-09 15:03 Section: Daily DispatchesFrom Reuters
Saturday, December 9, 2023
DUBAI -- Russia said today it was looking into whether its frozen gold reserves, taken after Russia invaded Ukraine, could be used to finance the climate damage fund to help developing countries.
In what looked like an attempt to try to fulfil Moscow's aim of doing "everything possible" to stop the West from seizing its frozen reserves, Russia's climate envoy said at the COP28 summit that the move would help to close the gap between developed and developing countries in dealing with climate change.
Chris Martenson: Central banks can rig all markets via U.S. futures
Submitted by admin on Sat, 2023-12-09 14:51 Section: Daily Dispatches2:52p ET Saturday, December 9, 2023
Dear Friend of GATA and Gold:
In a 35-minute video, Peak Prosperity's Chris Martenson explains how central banks can manipulate the prices of all futures contracts in the United States -- commodity, financial, and agricultural -- through the Chicago Mercantile Exchange's "Central Bank Incentive Program," which provides central banks and related institutions with volume trading discounts for trading futures secretly. The CME operates all major futures markets in the United States.
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Ted Butler: What happened?
Submitted by admin on Sat, 2023-12-09 08:45 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Wednesday, December 6, 2023
Of course I'm referring to the wild price ride in gold and silver from Friday's near all-time price high in gold to Sunday evening's initial blast to the upside of as much as $60, to a selloff of $120 and to where gold closed trading yesterday lower by more than $50 from where it closed on Friday.
Silver fared even worse, up barely 50 cents at the price highs Sunday evening, only to finish yesterday down $1.30 from Friday's close (and even lower today).
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