Daily Dispatches

China Gold is hunting for deals of as much as $2 billion

Submitted by cpowell on Mon, 2019-09-16 23:08. Section: Daily Dispatches

By Vinicy Chan
Bloomberg News
Monday, September 16, 2019

China Gold International Resources Corp., the overseas arm of state-owned China National Gold Group, is on the hunt for acquisitions to replenish its pipeline as deal-making in the sector heats up thanks to a jump in the metal’s price.

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Gold's potent mix of low reserves and high prices seen driving M&A

Submitted by cpowell on Mon, 2019-09-16 16:21. Section: Daily Dispatches

By Vinicy Chan
Bloomberg News
Monday, September 16, 2019

Executives headed to the Denver Gold Forum a year ago were hit with a startling bit of news as they stepped off their planes: A merger made public that afternoon was set to create the world's biggest gold company.

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What else could you possibly need to join GATA in New Orleans?

Submitted by cpowell on Mon, 2019-09-16 15:54. Section: Daily Dispatches

11:54a ET Monday, September 16, 2019

Dear Friend of GATA and Gold:

Wars and rumors of wars, negative interest rates, official clamor for currency devaluation, indictments of investment bank crooks, turbulent markets, expert analysis of investment opportunities, and oysters prepared a dozen ways -- what else could you possibly need to attend this year's New Orleans Investment Conference?

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Strangle high-frequency trading with a small financial transactions tax

Submitted by cpowell on Mon, 2019-09-16 15:15. Section: Daily Dispatches

This proposal aims at "stock market trades" but should cover futures market trading too.

* * *

From Public Citizen, Washington
Monday, September 16, 2019

WASHINGTON -- Most middle- and low-income families would pay little or nothing if Congress were to levy a 0.1% tax on stock market trades, according to a report Public Citizen issued today:

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JPMorgan fined for lax disclosure of misconduct allegations over six years

Submitted by cpowell on Mon, 2019-09-16 14:38. Section: Daily Dispatches

From Reuters
Monday, September 16, 2019

https://www.reuters.com/article/us-jp-morgan-finra/jpmorgan-is-fined-for...

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Interviewed in Australia, Jim Rickards covers next financial crisis and its 'Aftermath'

Submitted by cpowell on Mon, 2019-09-16 00:20. Section: Daily Dispatches

8:21p ET Sunday, September 15, 2019

Dear Friend of GATA and Gold:

Author, fund manager, and geopolitical strategist Jim Rickards last week promoted his new book, "Aftermath," in an interview in Australia with the managing director of SmallCaps.com.au, Filip Karinja, and discussed a variety of topics, including:

-- The next world financial crisis.

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Investors warn gold miners to keep lid on ambitions

Submitted by cpowell on Sun, 2019-09-15 15:27. Section: Daily Dispatches

By Henry Sanderson and Neil Hume
Financial Times, London
Sunday, September 15, 2019

Gold miners are facing pressure from investors to keep their animal spirits in check as the precious metal trades at its highest levels in six years.

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Strong U.S. dollar prompts speculation about Trump intervention

Submitted by cpowell on Sun, 2019-09-15 14:42. Section: Daily Dispatches

By Kate Davidson
The Wall Street Journal
Sunday, September 15, 2019

For decades U.S. currency policy was, in effect, to have no policy. Administrations seldom intervened in markets, advised other countries to do the same, and claimed a strong dollar was in the country's interest.

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