Daily Dispatches

Bullion banks on the run?

Section:

Reuters Exclusive: LME's Gold, Silver Contracts in Doubt as Societe Generale Pulls Out

By Peter Hobson and Pratima Desai
Reuters
Wednesday, September 4, 2019

LONDON -- The London Metal Exchange's gold and silver futures are being thrown into doubt with the imminent resignation of Societe Generale as a market maker threatening to deepen a decline in trading activity, three sources said.

In Howe Street interview, GATA's Ed Steer surveys gold and silver markets

Section:

10:37a ET Wednesday, September 4, 2019

Dear Friend of GATA and Gold:

GATA board member Ed Steer, publisher of Ed Steer's Gold & Silver Digest (https://edsteergoldsilver.com/), was interviewed a few days ago by Jim Goddard for HoweStreet.com.

Among other things, Steer said:

-- "Seasonality" means nothing in rigged markets like those of gold and silver.

$1 billion decline in Venezuela's gold reserves in first half of year

Section:

Corina Pons and Mayela Armas
Reuters
Tuesday, September 3, 2019

CARACAS, Venezuela -- Gold reserves held by Venezuela's central bank fell by $1 billion in the first half of 2019, official data released this week showed, amid opposition accusations that the government is selling the precious metal abroad to raise revenue in the face of U.S. sanctions.

Craig Hemke at Sprott Money: Curious U.K. gold import-export trends

Section:

9:40p ET Tuesday, September 3, 2019

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals report, writing tonight at Sprott Money, contemplates the trade data showing gold suddenly flowing back from Switzerland to London, and he wonders if it doesn't presage the collapse of the fractional-reserve gold banking system and the market rigging it long has supported with derivatives.

Von Greyerz tells KWN why silver will outpace gold

Section:

10:35a ET Tuesday, September 3, 2019

Dear Friend of GATA and Gold:

At least defaulted imperial Chinese railroad bonds don't have negative rates

Section:

Trump's New Trade War Tool Might Just Be Antique China Debt

By Tracy Alloway
Bloomberg News
Thursday, August 29, 2019

Will U.S. follow Japan and Germany to rates below zero?

Section:

By Colby Smith
Financial Times, London
Tuesday, September 3, 2019

Some U.S. investors are girding themselves for the once-inconceivable prospect that the 10-year Treasury yield could be headed toward zero, as this year's giant rally in bonds shows few signs of easing.

Two extra reasons to help GATA by subscribing to The Calandra Report

Section:

11:05a ET Monday, September 2, 2019

Dear Friend of GATA and Gold:

Two bonuses now await GATA supporters who help us by subscribing to Thom Calandra's financial letter, The Calandra Report.

Those who subscribe by this Thursday will receive not only Thom's basic report but also:

Growth in gold ETFs in August was biggest since 2013

Section:

All those investors shooting themselves in the foot, facilitating the shorting of what they want to rise in price.

* * *

Investors Rush Into Gold

By Ranjeetha Pakiam
Bloomberg News
Monday, September 2, 2019

Another big reason to join GATA in New Orleans: Real Vision's Grant Williams

Section:

10:40a ET Monday, September 2, 2019

Dear Friend of GATA and Gold:

Here's another big reason to join GATA at the New Orleans Investment Conference during the first four days in November.

Market analyst, financial letter writer, fund manager, and Real Vision co-founder Grant Williams has just been added to the speaker lineup.

Syndicate content