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Daily Dispatches

Gold's potent mix of low reserves and high prices seen driving M&A

Section: Daily Dispatches

By Vinicy Chan
Bloomberg News
Monday, September 16, 2019

Executives headed to the Denver Gold Forum a year ago were hit with a startling bit of news as they stepped off their planes: A merger made public that afternoon was set to create the world's biggest gold company.

What else could you possibly need to join GATA in New Orleans?

Section: Daily Dispatches

11:54a ET Monday, September 16, 2019

Dear Friend of GATA and Gold:

Wars and rumors of wars, negative interest rates, official clamor for currency devaluation, indictments of investment bank crooks, turbulent markets, expert analysis of investment opportunities, and oysters prepared a dozen ways -- what else could you possibly need to attend this year's New Orleans Investment Conference?

Strangle high-frequency trading with a small financial transactions tax

Section: Daily Dispatches

This proposal aims at "stock market trades" but should cover futures market trading too.

* * *

From Public Citizen, Washington
Monday, September 16, 2019

WASHINGTON -- Most middle- and low-income families would pay little or nothing if Congress were to levy a 0.1% tax on stock market trades, according to a report Public Citizen issued today:

Interviewed in Australia, Jim Rickards covers next financial crisis and its 'Aftermath'

Section: Daily Dispatches

8:21p ET Sunday, September 15, 2019

Dear Friend of GATA and Gold:

Author, fund manager, and geopolitical strategist Jim Rickards last week promoted his new book, "Aftermath," in an interview in Australia with the managing director of SmallCaps.com.au, Filip Karinja, and discussed a variety of topics, including:

-- The next world financial crisis.

Investors warn gold miners to keep lid on ambitions

Section: Daily Dispatches

By Henry Sanderson and Neil Hume
Financial Times, London
Sunday, September 15, 2019

Gold miners are facing pressure from investors to keep their animal spirits in check as the precious metal trades at its highest levels in six years.

Strong U.S. dollar prompts speculation about Trump intervention

Section: Daily Dispatches

By Kate Davidson
The Wall Street Journal
Sunday, September 15, 2019

For decades U.S. currency policy was, in effect, to have no policy. Administrations seldom intervened in markets, advised other countries to do the same, and claimed a strong dollar was in the country's interest.

Andy Schectman: Gold and the art of financial war revisited

Section: Daily Dispatches

9:56p ET Saturday, September 14, 2019

Dear Friend of GATA and Gold:

Another BIS swap? Golden toilet stolen from Blenheim Palace

Section: Daily Dispatches

Man, 66, Arrested After L1 Million Golden Toilet Stolen from Blenheim Palace

By Jamie Johnson
The Telegraph, London
Saturday, September 14, 2019

A L1 million solid gold toilet has been stolen from Blenheim Palace in an audacious overnight burglary, police said today.

China and Russia are buying gold and don't care what it costs

Section: Daily Dispatches

By Myra P. Saefong
MarketWatch.com, New York
Friday, September 13, 2019

Emerging markets have beefed up gold holdings, undeterred by prices near their highest levels in more than six years, as countries such as Russia and China diversify their foreign-exchange reserves—a trend that is likely to continue.

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