Daily Dispatches
Here come the class-action lawsuits against JPM for rigging gold and silver futures
Submitted by cpowell on Sat, 2018-12-15 12:43. Section: Daily DispatchesJPMorgan Faces Potential Class-Action Lawsuit After Guilty Plea by a Former Metals Trader
By Dawn Giel
CNBC, New York
Thursday, December 13, 2018
Traders from across the U.S. are banding together to accuse JPMorganChase of manipulating precious metals markets for years.
BMG Group's Brandon White: Governments less able to hide intervention against gold
Submitted by cpowell on Sat, 2018-12-15 01:12. Section: Daily Dispatches8:15p ET Friday, December 14, 2018
Dear Friend of GATA and Gold:
With his Friday night "This Week in Three Minutes" commentary, Brandon White of gold dealer BMG Group in Ontario says the new year will be a defensive one for investors and that surreptitious intervention by governments against gold is being increasingly exposed as agencies refuse to answer questions about it.
London trader Maguire interviewed on RT about gold and silver market rigging
Submitted by cpowell on Fri, 2018-12-14 16:07. Section: Daily Dispatches11:12a ET Friday, December 14, 2018
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire was interviewed Thursday on Russia Today's "Boom Bust" program by host Bart Chilton, former member of the U.S. Commodity Futures Trading Commission, discussing manipulation of the gold and silver markets.
Ignoring U.S. government's market rigging, Wall Street Journal goes after Saudi Arabia's
Submitted by cpowell on Fri, 2018-12-14 15:07. Section: Daily DispatchesEvery month for many years GATA has delivered to The Wall Street Journal evidence of the U.S. government's surreptitious market manipulation. More evidence was delivered to the newspaper just yesterday:
The newspaper has refused to pursue the issue. But today, as noted below, the newspaper claims a triumph by exposing market manipulation by ... Saudi Arabia.
Alasdair Macleod: Gold -- a perfect storm for 2019
Submitted by cpowell on Thu, 2018-12-13 21:25. Section: Daily Dispatches4:27p ET Thursday, December 13, 2018
Dear Friend of GATA and Gold:
Paulson wins control of Detour board in key shareholder vote
Submitted by cpowell on Thu, 2018-12-13 20:26. Section: Daily DispatchesBy Scott Deveau and Danielle Bochove
Bloomberg News
Thursday, December 13, 2018
Paulson & Co. has convinced shareholders of Detour Gold Corp. to overthrow the bulk of the Canadian miner's board of directors, including its interim CEO, ending a nasty six-month proxy battle.
Paulson gains control of Detour Gold
Submitted by cpowell on Thu, 2018-12-13 17:55. Section: Daily DispatchesPaulson & Co. Announcement
via Globe Newswire, Los Angeles
Thursday, December 13, 2018
NEW YORK -- Paulson & Co. Inc., one of the largest, long-term shareholders in Detour Gold Corp., today announced its appreciation to fellow shareholders for voting to bring positive change to Detour Gold and its support for the company's newly constituted Board of Directors.
CFTC refuses to address GATA's questions about gold and silver market rigging
Submitted by cpowell on Thu, 2018-12-13 17:15. Section: Daily Dispatches12:25p ET Thursday, December 13, 2018
Dear Friend of GATA and Gold:
The U.S. Commodity Futures Trading Commission has refused to reply to or even to acknowledge GATA's questions about manipulation of the gold and silver futures markets that are purportedly regulated by the commission.
National governments tax not to raise revenue but to give value to their currencies
Submitted by cpowell on Thu, 2018-12-13 15:25. Section: Daily Dispatches... The commentary below is an echo of New York Fed Chairman Beardsley Ruml's crucial observations in 1946:
http://home.hiwaay.net/~becraft/RUMLTAXES.html
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Bitcoin Will Be Worthless Until You Can Pay Your Taxes with It
By Mark Cudmore
Bloomberg News
Thursday, December 13, 2018
Barrick moves closer to resolving Acacia dispute with Tanzania
Submitted by cpowell on Wed, 2018-12-12 23:10. Section: Daily DispatchesBy Danielle Bochove, Thomas Biesheuvel, and Kenneth Karuri
Bloomberg News
Wednesday, December 12, 2018
Barrick Gold Corp. has reached an agreement with the Tanzanian government on a $300 million payment, a milestone toward resolving a dispute that has crippled the miner’s subsidiary in the African country, according to people familiar with the situation.
