Ask Congress to compel New York Fed to reveal who is getting all those loans

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9:53p ET Monday, October 14, 2019

Dear Friend of GATA and Gold:

As financial writers Pam and Russ Martens continue to marvel at the hundreds of billions of dollars being loaned by the Federal Reserve Bank of New York to unidentified financial houses for vague purposes without prompting any inquiry from the country's elected representatives --

Netherlands central bank: Gold is 'the perfect piggy bank' and can rebuild a financial system

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Bitcoin.com's Graham Smith today calls attention to the article below he discovered at the internet site of the central bank of the Netherlands. It's unusual for a central bank to be so candid about gold's essential monetary properties and potential for repairing the financial system.

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De Nederlandsche Bank's Gold Stock

From De Nederlandsche Bank, Amsterdam

Russia looks at alternatives to dollar for energy transactions

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By Max Seddon and Henry Foy
Financial Times, London
Sunday, October 13, 2019

MOSCOW -- Russia is exploring currency settlements in euros and roubles for its vast energy exports in an attempt to avoid the dollar and insulate Moscow from the U.S.-led global financial system.

U.K. regulators review JPMorgan metals trading amid U.S. probe, sources tell Reuters

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By Lawrence Delevingne and Peter Hobson
Reuters
Friday, October 11, 2019

Britain's financial services regulator is examining allegations of precious metals market manipulation by JPMorgan Chase & Co. traders following criminal charges by U.S. authorities, according to two people familiar with the matter.

Perth Mint to tokenize gold with InfiniGold on public Ethereum blockchain

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The tokens are to be fully backed by and convertible to metal for delivery.

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From Ledger Insights
Limassol, Cyprus
Friday, October 11, 2019

https://www.ledgerinsights.com/perth-mint-tokenize-gold-infinigold-publi...

ETF gold growth is just double-counted paper, von Greyerz tells KWN

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11:09a ET Saturday, October 12, 2019

Dear Friend of GATA and Gold:

Fed launches Treasury bill buys in bid for 'ample' reserves

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By Jonnelle Marte
Reuters
Friday, October 11, 2019

The Federal Reserve said today that it will start buying about $60 billion per month in Treasury bills to ensure "ample reserves" in the banking system, but emphasized the new program does not mark a change in monetary policy.

Alasdair Macleod: Monetary failure is becoming inevitable

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12:02p ET Friday, October 11, 2019

Dear Friend of GATA and Gold:

ETF investors are going for gold, despite many drawbacks

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By Brian J. O'Connor
The New York Times
Friday, October 11, 2019

Like eager prospectors in a B western, many investors believe there's gold in them hills -- and that's where they’re heading.

Silver glitters in India as record prices dull gold's luster

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By Swansy Afonso
Bloomberg News
Friday, October 11, 2019

Silver is outshining gold in India.