Daily Dispatches

U.S. currency manipulator tag for Switzerland unlikely to deter FX approach

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By Saikat Chatterjee, John Revill, and David Lawder
Reuters
Wednesday, December 16, 2020

Being named a currency manipulator by the U.S. Treasury may be an embarrassment for Switzerland, but the tag will likely have little effect on the Swiss National Bank’s monetary policy.

You're probably on a watch list already, so can you help us out?

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10:57p ET Tuesday, December 15, 2020

Dear Friend of GATA and Gold:

Paul complains Feds still manipulate gold and fears they'll do same to cryptos

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10:50p ET Tuesday, December 15, 2020

Dear Friend of GATA and Gold:

You're probably on a watch list already, so can you help us out?

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11:52p ET Monday, December 14, 2020

Dear Friend of GATA and Gold:

George Gero, an 'institution' of the gold industry, dies at 84

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By Joe Deaux and Justina Vasquez
Bloomberg News
Monday, December 14, 2020

George Gero, a financial adviser known throughout the gold industry who claimed he traded one of the first gold contracts in New York, has died. He was 84.

He died on Saturday at his home, according to his obituary with Levine Memorial Chapel. No cause was given.

... Dispatch continues below ...

Senior staff at HSBC, Standard Chartered, and Deutsche Bank are Chinese Communist Party members

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By Ben Gartside, Jack Hazlewood, and Juliet Samuel
The Telegraph, London
Sunday, December 13, 2020

Hundreds of senior employees at British banks HSBC and Standard Chartered have been members of the Chinese Communist Party, according to documents seen by the Daily Telegraph.

Relentless investment inflows to China spur prediction for strongest yuan since 1993

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From Bloomberg News
Saturday, December 12, 2020

The unrelenting pace of inflows heading for China's bonds and stocks has one yuan bull predicting the currency could strengthen to a level not seen in nearly three decades.

As Good as Gold Australia interviews GATA Chairman Murphy

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8p ET Saturday, December 12, 2020

Dear Friend of GATA and Gold:

Brian and Darryl Panes of As Good as Gold Australia this week interviewed GATA Chairman Bill Murphy about the history of gold price suppression policy and the prospects for the monetary metals in "a very frustrating time." The interview is 48 minutes long and can be viewed at YouTube here:

Treasure washes up on Venezuela's shore, bringing gold and hope to a village

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Another day in another rich country insisting on being poor.

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By Anatoly Kurmanaev and Isayen Herrera
The New York Times
Saturday, December 12, 2020

GUACA, Venezuela -- The most extraordinary moment in the young fisherman's life began in the most mundane way: with a morning visit to the latrine.

Gold hubs including UAE pledge support for crackdown on illegal trade

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By Peter Hobson and Maha El Dahan
Reuters
Friday, December 11, 2020

Eleven gold-trading hubs including the United Arab Emirates have declared their support for an initiative by the world's most influential bullion market authority to improve regulation on issues such as money laundering and unethical sourcing of gold.

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