Daily Dispatches
Barrick agrees to pay $300 mllion to end Tanzania dispute
Submitted by cpowell on Sun, 2019-10-20 15:26. Section: Daily DispatchesBy Felix Njini
Bloomberg News
Sunday, October 20, 2019
Barrick Gold Corp. has agreed to pay $300 million to the Tanzanian government to end a long-running dispute that it says destroyed the value of its subsidiary Acacia Mining's assets.
Ted Butler: More unanswered questions
Submitted by cpowell on Sat, 2019-10-19 02:42. Section: Daily Dispatches10:45p ET Friday, October 18, 2019
Dear Friend of GATA and Gold:
In his new essay, "More Unanswered Questions," silver market analyst Ted Butler wonders why so much silver seems to be moving in and out of New York Commodities Exchange vaults and ending up in the possession of JPMorganChase.
Alasdair Macleod: Money and the theory of exchange
Submitted by cpowell on Thu, 2019-10-17 17:49. Section: Daily Dispatches1:50p ET Thursday, October 17, 2019
Dear Friend of GATA and Gold:
Pam and Russ Martens: Is Bloomberg News covering up for JPM and other wrongdoers?
Submitted by cpowell on Thu, 2019-10-17 15:54. Section: Daily Dispatches11:53a ET Thursday, October 17, 2019
Dear Friend of GATA and Gold:
Pam and Russ Martens of Wall Street on Parade today present evidence that Bloomberg News has begun covering up for JPMorganChase and other wrongdoers on Wall Street. Their commentary is headlined "The Repo Crisis, Jamie Dimon, and the Bloomberg News Mystery" and it's posted at Wall Street on Parade here:
Ambrose Evans-Pritchard: IMF fears the world's financial system is even more destructive than in 2008
Submitted by cpowell on Thu, 2019-10-17 02:00. Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, October 16, 2019
https://www.telegraph.co.uk/business/2019/10/16/imf-fears-worlds-financi...
The International Monetary Fund has presented us with a Gothic horror show. The world's financial system is more stretched, unstable, and dangerous than it was on the eve of the Lehman crisis.
Art Cashin: Yes, Fed is doing QE again, only bigger
Submitted by cpowell on Wed, 2019-10-16 14:40. Section: Daily Dispatches10:40a ET Wednesday, October 16, 2019
Dear Friend of GATA and Gold:
Brien Lundin: Don't call it QE, but come to New Orleans to learn how to respond to it
Submitted by cpowell on Wed, 2019-10-16 01:21. Section: Daily DispatchesBy Brien Lundin
Editor, Gold Newsletter
and CEO, New Orleans Investment Conference
Tuesday, October 15, 2019
I'd been warning that this would happen for a few years.
First I told investors that once the Federal Reserve decided to start cutting rates again, gold would quickly add a couple hundred dollars to the price.
Putin's big dollar dump cost Russia nearly $8 billion in one year
Submitted by cpowell on Tue, 2019-10-15 16:05. Section: Daily DispatchesBy Natasha Doff
Bloomberg News
Tuesday, October 15, 2019
https://www.bloomberg.com/news/articles/2019-10-15/putin-s-big-dollar-du...
The first year of President Vladimir Putin's experiment in diversifying away from the U.S. dollar cost Russia about $7.7 billion in potential returns.
Ask Congress to compel New York Fed to reveal who is getting all those loans
Submitted by cpowell on Tue, 2019-10-15 01:53. Section: Daily Dispatches9:53p 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
Submitted by cpowell on Sun, 2019-10-13 15:51. Section: Daily DispatchesBitcoin.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
