Daily Dispatches
LBMA removes JPMorgan board member after indictment
Submitted by cpowell on Fri, 2019-09-20 15:55. Section: Daily DispatchesBy Henry Sanderson
Financial Times, London
Friday, September 20, 2019
https://www.ft.com/content/22250f48-db9a-11e9-8f9b-77216ebe1f17
Gold returns to London because there's no demand, anonymous banker tells FT
Submitted by cpowell on Fri, 2019-09-20 14:54. Section: Daily DispatchesSwiss Gold Exports to UK Hit Seven-Year High in August
By Henry Sanderson
Financial Times, London
Friday, September 20, 2019
https://www.ft.com/content/22250f48-db9a-11e9-8f9b-77216ebe1f17
Pam and Russ Martens: Fed chairman fails to answer whether Wall Street banks are too big to manage
Submitted by cpowell on Fri, 2019-09-20 00:57. Section: Daily Dispatches8:56p ET Thursday, September 19, 2019
Dear Friend of GATA and Gold:
Systemic risk abounds with the big banks on Wall Street, Pam and Russ Martens write today at Wall Street on Parade, but no journalist at Federal Reserve Chairman Jerome Powell's press conference this week bothered to ask about it, and only one reporter came even close.
Ted Butler: Serious inroads but still unfinished business
Submitted by cpowell on Thu, 2019-09-19 23:45. Section: Daily Dispatches7:45p ET Thursday, September 19, 2019
Dear Friend of GATA and Gold:
Lawrie Williams at Sharps Pixley: Maybe GATA isn't so nuts after all
Submitted by cpowell on Thu, 2019-09-19 15:48. Section: Daily Dispatches11:45a ET Thursday, September 19, 2019
Dear Friend of GATA and Gold:
GATA has never gotten treatment as approving from London bullion dealer Sharps Pixley and its market analyst, Lawrie Williams, as it did with Williams' commentary Monday.
Dave Kranzler: Repo rates and gold -- something big is happening
Submitted by cpowell on Thu, 2019-09-19 15:37. Section: Daily Dispatches11:38a ET Thursday, September 19, 2019
Dear Friend of GATA and Gold:
In a roundtable discussion with Phil Kennedy of Kennedy Financial, Dave Kranzler of Investment Research Dynamics in Denver argues that soaring repo interest rates are among the indications of a giant margin call on the world financial system.
Morgan's 'spoofing' isn't the big manipulation GATA has pursued, but we'll take it for now
Submitted by cpowell on Wed, 2019-09-18 22:30. Section: Daily Dispatches6:43p ET Wednesday, September 18, 2019
Dear Friend of GATA and Gold:
Delighted as we all may be with this week's news -- the new indictments of JPMorganChase employees involved with the gold market, the U.S. Justice Department's designation of the investment bank as a criminal enterprise, and the prospects of more indictments -- GATA has to admit a couple of things about the situation.
Federal prosecutors, commodity regulators broaden manipulation probe beyond metals
Submitted by cpowell on Wed, 2019-09-18 19:36. Section: Daily DispatchesWill there be enugh tinfoil hats to go around?
* * *
By Dan Mangan
CNBC.com, New York
Wednesday, September 18, 2019
Federal prosecutors and regulators are expanding their already aggressive investigations of allegedly fraudulent precious metals trades at J.P. Morgan Chase to other U.S. markets and financial firms, CNBC has learned.
Pam and Russ Martens: Will Jamie Dimon finally lose his job over racketeering charges?
Submitted by cpowell on Wed, 2019-09-18 01:54. Section: Daily Dispatches9:54p ET Tuesday, September 17, 2019
Dear Friend of GATA and Gold:
Pam and Russ Martens of Wall Street on Parade today take note of the latest indictments at JPMorganChase & Co. and itemize the corruption and criminality of the investment bank under the chairmanship and chief executiveship of Jamie Dimon.
... Dispatch continues below ...
Indictments for rigging suggest two factions in U.S. govt., GATA chairman says
Submitted by cpowell on Wed, 2019-09-18 00:04. Section: Daily Dispatches8:04p ET Tuesday, September 17, 2019
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed today by Paul Eberhart of Silver Doctors, speculated that the increasing indictments of JPMorganChase personnel for gold market rigging suggest that there are two factions in the U.S. government, one superintending the rigging and one fighting it.
