Pam and Russ Martens: Don't tell the Fed these 'strong' Wall Street banks have tanked 34-48% this year
Submitted by cpowell on Thu, 2020-09-24 15:15. Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, September 24, 2020
FT: Morgan would pay $1 billion fine for rigging metals and keep trading them
Submitted by cpowell on Wed, 2020-09-23 22:54. Section: Daily DispatchesJPMorgan in Talks to Settle Spoofing Claims for $1 Billion
By Laura Noonan
Financial Times, London
Wednesday, September 23, 2020
JPMorgan Chase is in advanced talks with U.S. authorities to pay $1 billion to settle allegations it manipulated metals and Treasuries markets using a technique known as spoofing, according to people familiar with the situation.
TV commentator Tucker Carlson joins GATA in New Orleans conference speaker lineup
Submitted by cpowell on Wed, 2020-09-23 22:49. Section: Daily Dispatches6:56p ET Wednesday, September 23, 2020
Dear Friend of GATA and Gold:
As you may recall, this year's New Orleans Investment Conference, to be held Wednesday to Saturday, October 14 to 17, will be a "virtual one," conducted entirely on the internet, so we'll miss the excitement of the great city.
Morgan ready to pay $1 billion to shut down metals-rigging probes, Bloomberg says
Submitted by cpowell on Wed, 2020-09-23 19:23. Section: Daily DispatchesJPMorgan Is Set to Pay $1 Billion in Record Spoofing Penalty
By Benjamin Bain, Tom Schoenberg, and Matt Robinson
Bloomberg News
Wednesday, September 23, 2020
How much gold is left to mine in the world?
Submitted by cpowell on Wed, 2020-09-23 15:52. Section: Daily DispatchesBy Justin Harper
British Broadcasting Corp., London
Wednesday, September 23, 2020
Last month the price of gold hit a record high, pushing above $2,000 (£1,575) an ounce.
While this price rise was driven by gold traders, it begs the question about the supply of the precious metal, and when it will eventually run out.
Craig Hemke: Shades of 2019 in 2020
Submitted by cpowell on Wed, 2020-09-23 15:43. Section: Daily Dispatches11:40a ET Wednesday, September 23, 2020
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing at Sprott Money, says the price patterns for gold and silver this year are looking like those for last year, and renewal of the metals rally may be expected by November, coinciding with the U.S. presidential election.
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