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Daily Dispatches
Hugo Salinas Price: 'Extraordinary Popular Delusions and the Madness of Crowds'
Submitted by admin on Tue, 2021-08-24 23:25 Section: Daily DispatchesBy Hugo Salinas Price
Mexican Civic Association for Silver
Tuesday, August 24, 2021
Such is the title of an immortal work by Charles Mackay, published 180 years ago -- 1841 -- in London.
We are in 2021 and the world is subject to a new "madness of crowds." The present "popular delusion" of our world, in this 21st century, is -- without doubt -- its fascination with Bitcoin and its fellow "cryptocurrencies."
... Dispatch continues below ...
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Craig Hemke at Sprott Money: Ahead of the Jackson Holedown
Submitted by admin on Tue, 2021-08-24 23:10 Section: Daily Dispatches11:18p ET Tuesday, August 24, 2021
Dear Friend of GATA and Gold:
Gold's price prospects for the rest of the year, the TF Metals Report's Craig Hemke writes today at Sprott Money, likely depend on how Federal Reserve Chairman Jerome Powell postures Friday at the Jackson Hole conference about whether the Fed will begin to reduce its monthly bond purchases.
Hemke's commentary is headlined "Ahead of the Jackson Holedown" and it's posted at Sprott Money here:
Gold has defeated the latest attack, Turk tells KWN
Submitted by admin on Mon, 2021-08-23 16:08 Section: Daily Dispatches4p ET Monday, August 23, 2021
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk tells King World News today that the recent "paper" attack on gold has failed, gold's price is rising again, and money creation and inflation will support it.
Turk's comments are headlined "Takedown Fails as Gold Snaps Back above $1,800 and Mining Stocks Soar 5%" and it's posted at KWN here:
The great New Orleans conference returns, and with a money-back guarantee
Submitted by admin on Mon, 2021-08-23 16:05 Section: Daily DispatchesBy Brien Lundin
Publisher, Gold Newsletter
CEO, New Orleans Investment Conference
Monday, August 23, 2021
This year’s New Orleans Investment Conference is coming up -- Tuesday through Friday, October 19-22 -- and you’ll kick yourself if you miss it.
Why? Because this is without a doubt the most valuable, important, rewarding -- and eagerly awaited --event in many years.
It will be the first big in-person event of its kind post-pandemic --a "welcome home" for hundreds of today's smartest and most active investors.
Pam and Russ Martens: 3 Fed bailout programs for Wall Street vanish from monthly reports to Congress
Submitted by admin on Mon, 2021-08-23 15:51 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, August 23, 2021
Federal Reserve Chairman Jerome Powell and Fed Vice Chairman for Supervision Randal Quarles would desperately like to make three of the Fed's emergency bailout programs to Wall Street disappear from further scrutiny by Congress or the American people.
Resource-rich nations, the dumb slobs, think miners cheat them more than U.S. Fed and Treasury do
Submitted by admin on Sat, 2021-08-21 18:51 Section: Daily DispatchesResource Nationalism Sweeps Latin America's Top Mining Countries
By Cecilia Jamasmie
Mining.com, Vancouver, British Columbia, Canada
Thursday, August 19, 2021
A move toward resource expropriation, tax and royalty increases, as well as demands for local participation in companies' ownership, all resource nationalism components, continues to increase, with Latin America taking centre stage, a new study shows.
U.S. military is leaving Afghanistan but the dollar still runs the country
Submitted by admin on Sat, 2021-08-21 17:56 Section: Daily DispatchesThe Taliban Got Rid of the U.S., But Not the Dollar
By Daniel Moss
Bloomberg News, New York
via The Washington Post
Friday, August 20, 2021
The Taliban may have swept Afghanistan, but they haven't yet conquered its financial system, big parts of which rest on support from outside the country. The United States has a heavy hand in the multilateral organizations that dictate the flow of international aid upon which this shaky economy relies. Americans may be evacuating, but the dollar's influence will remain.
'Goldfinger' 2021 plot twist could be villainous for banks
Submitted by admin on Sat, 2021-08-21 10:59 Section: Daily DispatchesBy Izabella Kaminska
Financial Times, London
Friday, August 20, 2021
In the plot to the 1964 James Bond classic, international gold smuggler Auric Goldfinger hatches a dastardly plan to enrich himself and his outsized gold holdings by setting off a Chinese-made atomic bomb at Fort Knox, the home of the U.S. gold reserve.
Former JPMorgan monetary metals traders must face racketeering charges, judge rules
Submitted by admin on Fri, 2021-08-20 09:31 Section: Daily DispatchesBy Jody Godoy
Reuters
Wednesday, August 18, 2021
A federal judge in Chicago said this week four former JPMorgan Chase & Co. employees must face charges including racketeering in a case accusing them of manipulating the prices of precious metals futures.
U.S. District Judge Edmond Chang's ruling Tuesday paves the way for an Oct. 19 trial in the case, which is the U.S. Department of Justice's most aggressive attempt so far to police commodities spoofing, a tactic involving placing orders to move prices and quickly cancelling them.
The great New Orleans conference returns, and with a money-back guarantee
Submitted by admin on Fri, 2021-08-20 09:22 Section: Daily DispatchesBy Brien Lundin
Publisher, Gold Newsletter
CEO, New Orleans Investment Conference
Friday, August 20, 2021
This year’s New Orleans Investment Conference is coming up -- Tuesday through Friday, October 19-22 -- and you’ll kick yourself if you miss it.
Why? Because this is without a doubt the most valuable, important, rewarding -- and eagerly awaited --event in many years.
It will be the first big in-person event of its kind post-pandemic --a "welcome home" for hundreds of today's smartest and most active investors.