Daily Dispatches

Wait two years for disclosure of repo cash recipients and amounts, New York Fed tells GATA

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2:29p ET Wednesday, November 13, 2019

Dear Friend of GATA and Gold:

If you want to know which investment houses have been getting the infamous "repo" loans from the Federal Reserve Bank of New York in recent weeks, as GATA has wanted to know, you'll have to wait two years, according to a letter received from the bank today in response GATA's request for the information.

Beijing sends corporate China a message: Diversify away from U.S. dollar debt

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By Neal Kimberley
South China Morning Post, Hong Kong
Tuesday, November 12, 2019

China has capitalised on a low-yield environment in Europe to issue euro-denominated government bonds cheaply. It is also setting an example to Chinese companies, in the hope of weaning them off dollar-denominated debt dependency.

Russia to cut share of U.S. dollar in National Wealth Fund, mulls other currencies

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Gabrielle Tétrault-Farber and Darya Korsunskaya
Reuters
Wednesday, November 13, 2019

MOSCOW -- Russia will reduce the share of the U.S. dollar in its National Wealth Fund and is considering investing in other foreign currencies including the Chinese yuan, Deputy Finance Minister Vladimir Kolychev said today.

Craig Hemke at Sprott Money: Comex gold into year-end

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1:20p ET Wednesday, November 13, 2019

Dear Friend of GATA and Gold:

The current world economy is more like 2010 than 2016, the TF Metals Report's Craig Hemke writes today at Sprott Money, suggesting resumption soon of an upward trend for gold. Hemke's commentary is headlined "Comex Gold into Year-End" and it's posted at Sprott Money here:

Ronan Manly: Shrinking the pool of trade-ready gold at the Comex

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12:56p ET Wednesday, November 13, 2019

Dear Friend of GATA and Gold:

Mike Ballanger: GATA is the only precious metals whistleblower

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11:20p ET Tuesday, November 12, 2019

Dear Friend of GATA and Gold:

Monetary metals market analyst and newsletter writer Mike Ballanger of GGM Advisory Inc. in Toronto this week credits GATA's exposure of gold market manipulation for prompting him "to think like a gold bug but trade like a thieving bullion bank."

USAGold's News & Views: Five charts of interest to gold investors at the turn of the year

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10:56p ET Tuesday, November 12, 2019

Dear Friend of GATA and Gold:

USAGold's November "News & Views" letter presents five charts likely to be of interest to gold investors at the turn of the year:

1) Gold's annual returns from 2000 to the present.

2) Gold's seasonality.

3) The correlation between global negative-yield debt and the price of gold.

Congressman prods attorney general on gold, silver trading questions ignored by CFTC

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9:25p ET Tuesday, November 12, 2019

Dear Friend of GATA and Gold:

A U.S. representative who, without much result, has been pressing the Treasury Department, Federal Reserve, and Commodity Futures Trading Commission (CFTC) with questions about the gold and silver markets has asked Attorney General William P. Barr to try to get answers from the commission.

King Report: No one sells so much gold so fast without news unless he wants to manipulate it lower

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By Bill King
The King Report, Burr Ridge, Illinois
https://mramseyking.com/king-report
Tuesday, November 12, 2019

Gold Trade Equal to 3 Million Ounces Sends Futures Tumbling

Ronan Manly: Chinese central bank gold buying -- on a need-to-know basis

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2:30p ET Monday, November 11, 2019

Dear Friend of GATA and Gold:

China's erratic reporting of its gold reserves is analyzed today by Bullion Star researcher Ronan Manly, who speculates that China's recent suspension of announcing a monthly acquisition of gold may have been meant simply to placate the United States in their trade dispute.

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