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Daily Dispatches
Biden's crime chief had red flags on financial disclosure form but Senate ignored them
Submitted by admin on Mon, 2021-07-26 11:07 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, July 26, 2021
What happened on July 20 with the 56-44 vote in the Senate to confirm Kenneth Polite (pronounced Po-leet) to head the most powerful criminal law enforcement office in the United States, the Criminal Division of the Department of Justice, is a cautionary tale that should concern every American.
First Majestic CEO Neumeyer explains the only way of beating price suppression
Submitted by admin on Sun, 2021-07-25 21:55 Section: Daily Dispatches9:50p ET Sunday, July 25, 2021
Dear Friend of GATA and Gold:
In an interview with Daniela Cambone of Stansberry Research, First Majestic Silver CEO Keith Neumeyer says the only way to beat silver price suppression is for investors to buy physical silver and remove it from the banking system or for government regulators to move against the investment banks that create and sell infinite amounts of "paper" silver.
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Bullion Star infographic: Paper silver vs. physical silver
Submitted by admin on Fri, 2021-07-23 13:31 Section: Daily DispatchesFrom Bullion Star, Singapore
Friday, July 23, 2021
In the current global financial system, the international silver price is derived from trading of vast volumes of ‘paper silver’ that dwarf both physical silver exchange inventories and new physical silver supply.
Pam and Russ Martens: More felonies earn Morgan CEO Jamie Dimon a $50 million bonus
Submitted by admin on Fri, 2021-07-23 11:48 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Friday, July 23, 2021
The unthinkable is happening with alarming regularity at the Frankenbank JPMorgan Chase.
Over the last seven years, with Chairman and CEO Jamie Dimon at the helm, JPMorgan Chase has managed to do what no other federally-insured American bank has managed to do in the history of banking in the United States.
The bank has admitted to five separate felony counts brought by the U.S. Department of Justice, while regulators took no action to remove the Board of Directors or Jamie Dimon.
Alasdair Macleod: 2020-22 vs. 1929-32
Submitted by admin on Thu, 2021-07-22 14:00 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
TDhursday, July 22, 2021
Current levels of equity markets are not only divorced from their underlying economic and business realities but are repeating the madness of crowds that led to the Wall Street crash of 1929-1932. The obvious difference is in the money: gold-backed dollars then compared with unbacked fiat today.
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USA Gold: Coins and Bullion Since 1973
ECB vows to persist with negative rates in bid to fuel inflation
Submitted by admin on Thu, 2021-07-22 13:42 Section: Daily DispatchesBy Martin Arnold
Financial Times, London
Thursday, July 22, 2021
The European Central Bank will keep buying bonds and maintain its deeply negative interest rates in an attempt to shift the eurozone economy out of its persistent pattern of sluggish inflation, its policymakers decided today.
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Good Mining Exploration Resumes Search
for Gold at Golden Target Project in Ontario
Gold trader bragged about 'how easy' it is to manipulate prices
Submitted by admin on Thu, 2021-07-22 10:16 Section: Daily DispatchesIndeed, ease of manipulation is precisely the purpose of the gold futures market:
https://www.gata.org/node/17081
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By Bre Bradhman
Bloomberg News
via Yahoo News, Sunnyvale, California
Wednesday, July 21, 2021
https://finance.yahoo.com/news/gold-trader-chat-bragged-easy-001619023.html
Potosi, the silver mine that changed the world
Submitted by admin on Wed, 2021-07-21 21:49 Section: Daily Dispatches9:47p ET Wednesday, July 21, 2021
Dear Friend of GATA and Gold:
Historian Lance Geiger, "The History Guy" at YouTube, today presents a fascinating account of the world's first great silver mine, Potosi in Spanish-ruled Peru.
Potosi silver, Geiger relates, created the world's first international currency, funded and destroyed empires, and, of course, imposed virtual slavery on the nearby inhabitants, who had to work in the mine.
Basel 3 shows big powers want gold to replace dollar, Naylor-Leyland says
Submitted by admin on Wed, 2021-07-21 21:24 Section: Daily Dispatches9:21p ET Wednesday, July 21, 2021
Dear Friend of GATA and Gold:
British gold fund manager Ned Naylor-Leyland is the guest on Sprott Money's "Ask the Expert" program this month, and interviewed by host Craig Hemke, Naylor-Leyland says the new "Basel 3" protocols for gold derivatives held by banks suggest that the G-20 powers and the Bank for International Settlements want gold to replace the U.S. dollar as the world's "risk-free instrument."
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Pam and Russ Martens: Markets plunge on reports of fully vaccinated getting Delta strain
Submitted by admin on Tue, 2021-07-20 11:09 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, July 20, 2021
Yesterday the Dow Jones Industrial Average fell 725.8 points out of fear that there will be renewed business restrictions to deal with spiking COVID cases in all 50 states in the U.S.
On July 8 the Food and Drug Administration and the Centers for Disease Control and Prevention jointly released an unequivocal statement on the COVID-19 vaccines that are in use in the United States.
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