Daily Dispatches

Stefan Gleason: Is this what peak fear looks like?

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By Stefan Gleason
Money Metals News Service, Eagle, Idaho
Tuesday, March 17, 2020

The last few days have been like nothing most of us have ever experienced -- or are likely to experience again in our lifetimes.

Torgny Persson: The window to purchase precious metals with fiat currency is closing

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By Torgny Persson
Bullion Star, Singapore
Wednesday, March 18, 2020

More and more refineries, mints and fellow bullion dealers are suspending their operations indefinitely. At Bullion Star we are facing significant operational and stock inventory challenges. There's an acute shortage for, particularly, gold coins, silver bars, and silver coins.

European Central Bank to buy another E750 billion in bonds

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By Martin Arnold
Financial Times, London
Thursday, March 19, 2020

FRANKFURT, Germany -- The European Central Bank has announced plans to buy E750 billion more in bonds after holding an emergency call of its rate-setting committee on Wednesday evening in response to the worsening economic and financial market turmoil caused by coronavirus.

Another analyst doesn't get it but at least silver coin premiums astound him

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There's an Interesting Situation Playing Out in the Silver Markets

By Jonathan Heller
TheStreet.com, New York
Wednesday, March 18, 2020

https://realmoney.thestreet.com/investing/there-s-an-interesting-situati...

Craig Hemke at Sprott Money: Bullion bank and central bank collusion

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1:50p ET Wednesday, March 18, 2020

Dear Friend of GATA and Gold:

Explanations commonly offered in recent days for the plunge in gold and silver prices are contradicted by market data, the TF Metals Report's Craig Hemke writes today at Sprott Money.

Pam and Russ Martens: Fed again will give investment banks cash for trash

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Fed Announces Program for Wall Street Banks to Pledge Plunging Stocks to Get Trillions in Loans at ¼ Percent Interest

By Pam and Russ Martens
Wall Street on Parade
Wednesday, March 18, 2020

New York Fed pledges $1 trillion a day in overnight repo loans

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By Jonnelle Marte
Reuters
Tuesday, March 17, 2020

https://www.reuters.com/article/us-health-coronavirus-repo-daily/new-yor...

The New York Federal Reserve said it will make up to $1 trillion a day available for loans in the repo market for the remainder of this week.

Fed will monetize stocks for its primary dealer banks

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Fed to Lend Against Stocks and Bonds in Bid to Stabilize Markets

By James Politi, Brendan Greeley, Colby Smith, and Joe Rennison
Financial Times, London
Tuesday, March 17, 2020

Marshall Gittler: The longest record broken -- gold/silver ratio hits highest in 5,000 years

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3:32p ET Tuesday, March 17, 2020

Dear Friend of GATA and Gold:

Marshall Gittler of currency trading house BDSwiss, who was quoted today by MarketWatch.com about the extraordinary widening of the gold-silver ratio, elaborates on the issue in an essay at Nasdaq.com.

Gold is setting records dating back over 5,000 years -- against silver

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By Steve Goldstein
MarketWatch.com, New York
Tuesday, March 17, 2020

Gold hasn't been such a terrific hedge of late against the turmoil from the coronavirus pandemic that has upended financial markets.

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