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Daily Dispatches
USAGold's 'News & Views' letter for July is published
Submitted by admin on Thu, 2022-06-30 11:37 Section: Daily Dispatches11:34a ET Thursday, June 30, 2022
Dear Friend of GATA and Gold:
USAGold's "News & Views" letter for July, published today, contains its usual collection of insightful observations about the financial markets and especially gold, some of them recognizing "financial repression" and the like. It's posted in the clear here:
https://www.usagold.com/nv1043july2022/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Because of GATA, Russia long has known about gold manipulation, Murphy says
Submitted by admin on Wed, 2022-06-29 14:54 Section: Daily Dispatches2:50p ET Wednesday, June 29, 2022
Dear Friend of GATA and Gold:
Interviewed by Chris Marcus of Arcadia Economics, GATA Chairman Bill Murphy notes that the Russia government has known about gold and silver market manipulation for many years, in part because of GATA's work.
The interview is 18 minutes long and can be viewed at YouTube here:
Pam and Russ Martens: JPMorgan, Citibank hold 90% of all gold and other precious metals derivatives held by U.S. banks
Submitted by admin on Wed, 2022-06-29 11:39 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Wednesday, June 29, 2022
Bolivia's central bank plans to put gold reserves at risk
Submitted by admin on Mon, 2022-06-27 21:23 Section: Daily DispatchesBolivia's Central Bank Will Invest Gold Reserves in International Markets
By Walter Vasquez
El Deber
Santa Cruz de la Sierra, Bolivia
Sunday, May 15, 2022
When buying gold or silver, consider the dealers who support GATA
Submitted by admin on Mon, 2022-06-27 20:38 Section: Daily Dispatches8:37p ET Monday, June 27, 2022
Dear Friend of GATA and Gold:
Being the only forms of money without counterparty risk, at least when held directly by their owners, gold and silver are often seen as the foundation of a sound investment portfolio.
Zimbabwe to introduce gold coins to offer escape from soaring inflation
Submitted by admin on Mon, 2022-06-27 20:34 Section: Daily DispatchesGood grief, People! You're sitting on huge gold reserves. Make your paper money convertible to gold at a fixed rate and hold the rate. It won't be so hard when you can mine your own money. The rest of the world won't help you, and shouldn't help you when you so easily can help yourself.
* * *
From The Herald
Harare, Zimbabwe
Monday, June 27, 2022
Ban on gold imports from Russia seen as 'largely symbolic'
Submitted by admin on Mon, 2022-06-27 00:22 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Sunday, June 26, 2022
The plan by some Group of Seven nations to ban new gold imports from Russia is "largely symbolic" as flows have already been restricted by sanctions, according to analysts.
The U.S., U.K., Japan, and Canada plan to announce the ban during the G-7 summit that started Sunday in Germany.
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BIS annual report confirms GATA analysis of gold interventions, avoids Russia issue
Submitted by admin on Sun, 2022-06-26 23:28 Section: Daily Dispatches9:10a Monday, June 27, 2022
Dear Friend of GATA and Gold:
In his latest report on the gold market interventions of the Bank for International Settlements, appended here, GATA consultant Robert Lambourne is far too modest. For the bank's annual report, published Sunday, confirms the accuracy of Lambourne's years of doing monthly calculations of the bank's gold market interventions -- its involvement in gold swaps, about which the bank has been almost completely secret.
BIS urges decisive wave of interest rate increases to halt inflation
Submitted by admin on Sun, 2022-06-26 09:31 Section: Daily DispatchesBy Mac Jones
Reuters
Sunday, June 26, 2022
LONDON -- The central bank umbrella body, the Bank for International Settlements, has called for interest rates to be raised "quickly and decisively" to prevent the surge in inflation turning into something even more problematic.
The Swiss-based BIS has held its annual meeting in recent days, where top central bankers met to discuss their current difficulties and one of the most turbulent starts to a year ever for global financial markets.
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U.S. and allies will ban import of Russian gold
Submitted by admin on Sun, 2022-06-26 09:22 Section: Daily DispatchesBy Zeke Miller and Darlene Superville
Associated Press
Sunday, June 26, 2022
ELMAU, Germany -- President Joe Biden today praised the continued unity of the global alliance confronting Russia, as he and other heads of the Group of Seven leading economies strategized on sustaining the pressure in their effort to isolate Moscow over its months-long invasion of Ukraine.
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