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Daily Dispatches
David Brady at Sprott Money: Gold and silver market rigging is so obvious that you can trade it
Submitted by cpowell on Fri, 2018-06-22 20:35 Section: Daily Dispatches8:32p ET Friday, June 22, 2018
Dear Friend of GATA and Gold:
A former currency trader for a major international bank, David Brady, founder of GlobalProTraders.com, writes today at Sprott Money that manipulation of the gold and silver markets by bullion banks at the behest of central banks "has become so obvious that it's predictable."
Gold demand at Swiss refineries strongest since 2013, Maguire tells KWN
Submitted by cpowell on Fri, 2018-06-22 17:30 Section: Daily Dispatches5:30p ET Friday, June 22, 2018
Dear Friend of GATA and Gold:
USAWatchdog interviews TF Metals Report's Hemke on rates, Deutsche Bank, gold
Submitted by cpowell on Thu, 2018-06-21 11:04 Section: Daily Dispatches11:06a ET Thursday, June 21, 2018
Dear Friend of GATA and Gold:
Interviewed this week by Greg Hunter of USAWatchdog, the TF Metals Report's Craig Hemke argues that the Federal Reserve will not be able to raise interest rates substantially without crashing the U.S. economy.
Deutsche Bank fined over 'improper' forex conduct
Submitted by cpowell on Wed, 2018-06-20 20:46 Section: Daily DispatchesBy Kadhim Shubber, Martin Arnold, and Olaf Storbeck
Financial Times, London
Wednesday, June 20, 2018
Deutsche Bank will pay $205 million for violations of New York banking law stemming from its foreign exchange trading business, in the latest rap on the knuckles from U.S. authorities for Germany's biggest bank.
Craig Hemke at Sprott Money: More on Comex 'exchanges for paper'
Submitted by cpowell on Wed, 2018-06-20 20:02 Section: Daily Dispatches8:03p ET Wednesday, June 20, 2018
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing for Sprott Money, reports tonight that more gold and silver delivery obligations were transferred off the New York Commodities Exchange during Friday's smashdown than could possibly be delivered as use of the fraudulent "exchange for physicals" mechanism exploded.
Russia dumps Treasuries for gold
Submitted by cpowell on Wed, 2018-06-20 19:48 Section: Daily DispatchesBy Natasha Doff
Bloomberg News
Wednesday, June 20, 2018
Russia is rethinking what counts as a haven asset as it duels with the U.S.
Gold Street is where South Africa's mining history goes to die
Submitted by cpowell on Wed, 2018-06-20 10:19 Section: Daily DispatchesSouth Africa is a member of both the International Monetary Fund and the Bank for International Settlements, organizations that help execute the gold price suppression scheme of the major developed countries to exploit the developing world.
Cryptocurrencies fall as Korean exchange says $32 million of coins stolen
Submitted by cpowell on Wed, 2018-06-20 10:08 Section: Daily DispatchesBy Eric Lam
Bloomberg News
Tuesday, June 19, 2018
Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was hacked, renewing concerns about the safety of digital-asset trading venues.
Tiny Asian nation hoards gold as shield against trade war
Submitted by cpowell on Wed, 2018-06-20 09:33 Section: Daily DispatchesBy Evgenia Pismennaya and Anna Andrianova
Bloomberg News
Tuesday, June 19, 2018
What do you do when your two biggest trading partners are embroiled in economic standoffs with the United States? You buy as much gold as you possibly can.
(Yawn) Morgan to pay $65 million for dollar benchmark manipulation
Submitted by cpowell on Mon, 2018-06-18 22:00 Section: Daily DispatchesBy Gabriel T. Rubin
The Wall Street Journal
Monday, June 18, 2018
WASHINGTON -- JPMorgan Chase & Co. agreed to pay a $65 million fine to settle claims that it tried to manipulate a global interest rate benchmark, the latest fine levied by U.S. regulators to punish crisis-era manipulation schemes by large banks.