Futures exchange CME plans to launch bitcoin trading
Submitted by admin on Thu, 2024-05-16 06:10 Section: Daily DispatchesBy Philip Stafford
Financial Times, London
Thursday, May 16, 2024
CME Group, the world's largest futures exchange, is planning to launch bitcoin trading, aiming to capitalise on surging demand this year among Wall Street money managers to gain exposure to the cryptocurrency sector.
The Chicago-based group has been holding discussions with traders who want to buy and sell the cryptocurrency on a regulated marketplace, according to three people with direct knowledge of the talks.
... Dispatch continues below ...
Gold will rise despite its miners, but who will be allowed to profit?
Submitted by admin on Thu, 2024-05-16 05:12 Section: Daily DispatchesIllustrations for these remarks can be viewed here:
https://www.gata.org/sites/default/files/Powell_Singapore%202024%2005%20v3.pdf
* * *
Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Mining Investment Asia Conference
Marriott Tang Plaza Hotel, Singapore
Thursday, May 16, 2024
[ILLUSTRATION 1: Title]
Robert Lambourne: You might be surprised by how many know of the war against gold
Submitted by admin on Wed, 2024-05-15 10:44 Section: Daily DispatchesBy Robert Lambourne
May 15, 2024
During a recent video presentation, a book titled "The War On Gold" by Antony Sutton, published in 1977, was spotted on a shelf behind a mainstream economist who provides research for leading institutional investors.
This writer acquired this book some 20 years ago and seeing it again triggered an effort to reread it. It is still quite topical, as indicated by the contents listed on its back cover:
West Virginia Gov. Justice defeats Rep. Mooney for Senate nomination
Submitted by admin on Wed, 2024-05-15 10:13 Section: Daily DispatchesBy Eric Bradner and David Wright
CNN, Atlanta
Wednesday, May 15, 2024
West Virginia Gov. Jim Justice won the state’s Republican US Senate primary, positioning the two-term governor as the clear favorite to succeed retiring Democratic Sen. Joe Manchin in the deep-red state.
Justice triumphed in a crowded Republican primary that included U.S. Rep. Alex Mooney, a member of the hard-line House Freedom Caucus. Justice will face Wheeling Mayor Glenn Elliott, who had Manchin's endorsement and won the three-way Democratic primary.
China considers government purchase of unsold homes to save property market
Submitted by admin on Wed, 2024-05-15 05:42 Section: Daily DispatchesFrom Bloomberg News
Tuesday, May 14, 2024
China is considering a proposal to have local governments across the country buy millions of unsold homes, people familiar with the matter said, in what would be one of its most ambitious attempts yet to salvage the beleaguered property market.
The State Council is seeking feedback from several provinces and government entities on the preliminary plan, said the people, asking not to be identified discussing a private matter.
... Dispatch continues below ...
Jim Rickards: Why gold at $27,000 isn't such a crazy prospect
Submitted by admin on Tue, 2024-05-14 10:29 Section: Daily DispatchesBy James G. Rickards
Daily Reckoning, Baltimore
Tuesday, May 14, 2024
I've said that gold could reach $15,000 by 2026. Today I'm updating that forecast.
My latest forecast is that gold may actually exceed $27,000.
I don't say that to get attention or to shock people. It's not a guess; it's the result of rigorous analysis.
... Dispatch continues below ...
... ADVERTISEMENT ...
