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Daily Dispatches

Investment banks' private calls with ECB chief economist are questioned

Section: Daily Dispatches

ECB to Review Format of Private Calls by Chief Economist to Investors

By Martin Arnold
Financial Times, London
Friday, January 22, 2021

FRANKFURT, Germany -- The European Central Bank is to review the format of private calls its chief economist has held with financial market participants, including Goldman Sachs, JPMorgan Chase, and BlackRock, to discuss its monetary policy decisions.

Auction gets record price for one of first nine gold coins struck in U.S.

Section: Daily Dispatches

NGC-certified Brasher Doubloon Realizes a Record $9.36 Million at Partrick Sale

From Coin Dealer Newsletter Greysheet
Virginia Beach, Virginia
Friday, January 22, 2021

Gold market rigging now can be discussed at Kitco News

Section: Daily Dispatches

8:30p ET Friday, January 22, 2021

Dear Friend of GATA and Gold:

Former U.S. Rep. Ron Paul, R-Texas, interviewed this week by David Lin at Kitco News, says that while he can't prove it, he believes that the U.S. government is manipulating the price of gold and is fully capable of doing so to maintain its monopoly on money.

Alasdair Macleod: Keynesians go all in

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, January 21, 2021

Mainstream economists are celebrating Joe Biden’s election as U.S. president. For Keynesians, the outlook is for a reaffirmation of economic management by the state, and of reflationary monetary policies to restore economic growth, following the damage caused by covid lockdowns.

New chief of U.S. Exchange Stabilization Fund condemns currency manipulation

Section: Daily Dispatches

No one seems to have asked her what the Treasury Department's Exchange Stabilization Fund is for if not currency manipulation, nor why more than $600 billion was added to it a few weeks ago unless more currency manipulation was contemplated. Such is American politics, and such is financial journalism.

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Janet Yellen Vows to Take Hard Line Against Currency Manipulation

Hugo Salinas Price: The coming gold rush

Section: Daily Dispatches

9:20p ET Tuesday, January 19, 2021

Dear Friend of GATA and Gold:

Hugo Salinas Price, president of the Mexican Civic Association for Silver, tonight notes that no amount of "not-for-profit" selling of masses of gold futures contracts can prompt the analysts of Kitco.com to acknowledge that governments are desperately trying to suppress the price of the monetary metal.

Yellen to make clear U.S. doesn't seek weak dollar

Section: Daily Dispatches

By Kate Davidson
The Wall Street Journal
Sunday, January 17, 2021

WASHINGTON -- Janet Yellen is expected to affirm the United States' commitment to market-determined exchange rates when she testifies on Capitol Hill Tuesday, and she will make clear the U.S. doesn't seek a weaker dollar for competitive advantage, according to Biden transition officials familiar with her hearing preparation.

Ronan Manly: The staggering levels of real 'inflation-adjusted' gold and silver prices

Section: Daily Dispatches

8:07p ET Sunday, January 17, 2021

Dear Friend of GATA and Gold:

Bullion Star researcher Ronan Manly reports tonight that if gold and silver prices had kept pace with real inflation, disregarding the sham calculations long used by the U.S. Bureau of Labor Statistics, the gold price would be nearly $21,000 and the silver price nearly $1,000.

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