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Daily Dispatches
Russia's top diplomat starts China visit with call to reduce U.S. dollar use
Submitted by admin on Tue, 2021-03-23 11:32 Section: Daily DispatchesBy Gabrielle Tetrault-Farber and Andrew Osborn
Reuters
Tuesday, March 23, 2021
MOSCOW -- Russian Foreign Minister Sergei Lavrov today began a visit to China with a call for Moscow and Beijing to reduce their dependence on the U.S. dollar and Western payment systems to push back against what he called the West's ideological agenda.
Lavrov, on a two-day visit to China, is expected to hold talks with his Chinese counterpart at a time when both countries' ties with the administration of U.S. President Joe Biden are badly strained.
Bank of England formally refuses gold leasing questions
Submitted by admin on Mon, 2021-03-22 10:56 Section: Daily Dispatches10:55a ET Monday, March 22, 2021
Dear Friend of GATA and Gold:
A few financial journalists and market analysts lately have noted the seemingly anomalous and counterintuitive behavior of the price of gold, which has fallen amid the greatest burst of money creation in history and the explosion of commodity prices.
... Dispatch continues below ...
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USAGold: Coins and bullion since 1973
Despite manipulation, prospects for gold and silver are the best, GATA chairman says
Submitted by admin on Sat, 2021-03-20 20:00 Section: Daily Dispatches8p ET Saturday, March 20, 2021
Dear Friend of GATA and Gold:
Governments and central banks, GATA Chairman Bill Murphy tells Crush the Street's Ken Ameduri, are doing a great job with market manipulation to demoralize monetary metals investors. But, Murphy adds, the risk/reward ratio for the metals has never been better.
The interview is 23 minutes long and can be seen at YouTube here:
At King World News, Matterhorn's Matt Piepenburg outlines metals price suppression
Submitted by admin on Fri, 2021-03-19 13:34 Section: Daily Dispatches1:28p ET Friday, March 19, 2021
Dear Friend of GATA and Gold:
At King World News, Matt Piepenburg of Matterhorn Asset Management in Switzerland outlines the gold and silver price suppression schemes of the futures markets, as operated by the bullion banks. It's a good introduction to the fraud and can be read here:
https://kingworldnews.com/gold-silvers-fictional-paper-price/
Charles Hugh Smith: Our dead money economy
Submitted by admin on Fri, 2021-03-19 12:16 Section: Daily Dispatches12:15p ET Friday, March 19, 2021
Dear Friend of GATA and Gold:
Financial writer Charles Hugh Smith of the Of Two Minds blog this week elaborated brilliantly on a point made lately by the market analyst and author James G. Rickards: that the "velocity" of money isn't coming close to keeping up with money creation, at least not yet.
... Dispatch continues below ...
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Buy, Sell, or Store Precious Metals with Money Metals Exchange
Another miracle of infinite money and blockchain technology
Submitted by admin on Fri, 2021-03-19 11:56 Section: Daily DispatchesNew York City Man Sells Farts for $85, Cashing In on Non-Fungible Tokens Craze
By Hannah Frishberg
New York Post
Thursday, March 18, 2021
The value of this art is all hot air.
A Brooklyn-based film director is simultaneously mocking and attempting to profit off the cryptocurrency craze for non-fungible tokens (NFTs) by selling a year's worth of fart audio clips recorded in quarantine.
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How much did LIBOR-rigging cost? U.S. bank regulator finally has an answer
Submitted by admin on Fri, 2021-03-19 11:35 Section: Daily DispatchesBy Jonathan Browning
Bloomberg News
Thursday, March 18, 2021
Just as the much-maligned Libor benchmark is on its way out, a U.S. regulator is finally trying to work out the potential losses from the manipulation scandals a decade ago.
The U.S. Federal Deposit Insurance Corporation, which is suing Barclays Plc and six other European lenders in London, says that a group of failed U.S. institutions suffered a collective loss of around $7 million for every rigged basis point.
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Now even the Financial Times is promoting a 'great reset'
Submitted by admin on Thu, 2021-03-18 11:23 Section: Daily DispatchesThey seem to want a debt jubilee followed by a system with a solid and steady base for tts money supply, such as gold used to provide, but without dignifying the monetary metal so hated and feared by the financial elite.
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Time for a Great Reset of the Financial System
By Chris Watling
Financial Times, London
Thursday, March 18, 2021
https://www.ft.com/content/39c53b9f-f443-4dde-9cdb-07e8999ec783
Asian gold demand rebounding as Swiss exports surge
Submitted by admin on Thu, 2021-03-18 10:51 Section: Daily DispatchesFrom Reuters
Thursday, March 18, 2021
LONDON, March 18 (Reuters) - Switzerland in February sent gold to mainland China for the first time since September and shipments to India and Thailand rose to multi-year highs, suggesting that demand for bullion in Asia is recovering from the coronavirus shock.
Switzerland is the world's biggest gold refining centre and transit hub, while India and China are the two biggest gold consumers and Thailand is a regional trade hub.
Jay Taylor interviews GATA secretary on gold suppression policy, documentation
Submitted by admin on Wed, 2021-03-17 13:19 Section: Daily Dispatches1:15p ET Wednesday, March 17, 2021
Dear Friend of GATA and Gold:
Your secretary/treasurer was interviewed yesterday by financial letter writer Jay Taylor (https://www.miningstocks.com/), discussing the mechanisms and documentation of government gold price suppression policies and the refusal of mainstream financial news organizations to report about the issue.
The interview is 20 minutes long and can be heard at YouTube here:
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