Daily Dispatches

Huge bets in NY that gold could triple to $4,000 by June 2021

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By Yvonne Yue Li
Bloomberg News
Wednesday, November 27, 2019

The gold options market today saw $1.75 million in block trades betting the precious metal could almost triple in more than a year, surpassing the record.

Pam and Russ Martens: 2008 Fed email about 'intra-day bankruptcy' illuminates today's repo scare

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By Pam and Russ Martens
Wall Street on Parade
Tuesday, November 26, 2019

There is one phrase on Wall Street that instills fright like no other -- "intra-day bankruptcy" -- especially if it's describing a bankruptcy filing by a highly interconnected Wall Street firm.

Keiser Report notes NY Fed's denial to GATA of repo cash details

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12:43p ET Monday, November 25, 2019

Dear Friend of GATA and Gold:

Jan Nieuwenhuijs: Central banks becoming more honest about gold

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12:10p ET Monday, November 25, 2019

Dear Friend of GATA and Gold:

Western central banks and particularly those of Germany and France lately have been acknowledging gold's crucial role in the international monetary system, Jan Nieuwenhuijs writes today at Finland's Voima Gold internet site.

Pam and Russ Martens: It's official -- JPMorgan is riskiest big bank in U.S.

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By Pam and Russ Martens
Wall Street on Parade
Monday, November 25, 2019

Poland repatriates gold 'to show strength of its economy'

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Poland Repatriates 100 Tons of Gold From Bank of England Storage

Marek Strzelecki and Dorota Bartyzel
Bloomberg News
via Yahoo News
Monday, November 25, 2019

https://www.yahoo.com/finance/news/poland-repatriates-100-tons-gold-1530...

Kirkland Lake Gold to buy Detour Gold for $3.7 billion

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By Joe Deaux and Thomas Biesheuvel
Bloomberg News
Monday, November 25, 2019

Canada's Kirkland Lake Gold Ltd. headed for the biggest slump in Toronto trading in more than four years after announcing a C$4.9 billion ($3.7 billion) agreement to buy Detour Gold Corp.

In Kitco interview, 'analyst' marvels dumbly at lethargy of gold price

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11:51a ET Saturday, November 23, 2019

Dear Friend of GATA and Gold:

Kitco yesterday quoted a "senior market strategist" expressing cluelessness about the recent lethargy of the gold price. The report was headlined "Gold Price Has 'Every Reason in the World to Rally'; Why Isn't It?" and it can be found here:

If not for GATA, what would you really know about gold?

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9:11a ET Saturday, November 23, 2019

Dear Friend of GATA and Gold:

Romanian president stalls repatriation of gold reserves

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From Romania Journal, Bucharest
Wednesday, November 20, 2019

President Klaus Iohannis has sent back to Parliament the law on gold repatriation initiated by the former Social Democratic Party leader Liviu Dragnea and by the party's Sen. Serban Nicolae. The law says Romania's gold reserves deposited abroad should be stored in the country.

... Dispatch continues below ...


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