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Daily Dispatches
Turks pile into the dollar, gold, and stocks as 67% inflation savages lira
Submitted by admin on Wed, 2024-03-20 17:52 Section: Daily DispatchesBy Scott McLean, Ipek Yezdani, and Anna Cooban
CNN, Atlanta
Wednesday, March 20, 2024
Down a dimly lit alleyway tucked just inside Istanbul’s Grand Bazaar, a few dozen men are packed together, shouting, waving, and frantically speaking on their phones, others nervously pacing.
This "standing market" -- a low-rent version of a chaotic stock exchange floor -- is where Istanbul's traders come to deal in precious metals and currencies. These days it's dollars and gold they're after. Turkish lira, not so much.
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To continue working for free monetary metals markets, GATA needs your help
Submitted by admin on Wed, 2024-03-20 14:11 Section: Daily Dispatches2:10p ET Wednesday, March 20, 2024
Dear Friend of GATA and Gold:
Since gold and even silver seem to be enjoying a sustained rally, since government stupidity and corruption are reaching new heights too, and since sentiment in our long-depressed sector may be improving, this may be the time for GATA to ask for your help, which we haven't done in a long time.
Ambrose Evans-Pritchard: Fed is preparing for a hand-brake U-turn on interest rates
Submitted by admin on Wed, 2024-03-20 10:46 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, March 19, 2024
If you want an idea of how the current fiscal and asset bubble in the United States might end, pay close attention to Bernard Connolly, esteemed consigliere to hedge funds and central bankers across the world for the last quarter century.
It will not end in a soft landing -- a "chimaera" -- and will certainly not end in another leg of accelerating economic growth. Nor will it end in soggy stagflation.
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Now that we may be winning, GATA asks for your support
Submitted by admin on Mon, 2024-03-18 20:30 Section: Daily Dispatches8:30p ET Monday, March 18, 2024
Dear Friend of GATA and Gold:
Since gold and even silver seem to be enjoying a sustained rally, since government stupidity and corruption are reaching new heights too, and since sentiment in our long-depressed sector may be improving, this may be the time for GATA to ask for your help, which we haven't done in a long time.
Wisconsin is near to ending taxes on gold and silver bullion
Submitted by admin on Mon, 2024-03-18 19:41 Section: Daily DispatchesBy JP Cortez
Money Metals Exchange, Eagle, Idaho
Friday, March 15, 2024
The Wisconsin Senate has voted in favor of Assembly Bill 29 to end the state sales tax on purchases of gold and silver.
Joining the state Assembly, which overwhelmingly voted to approve this law last week, senators voted 23-9 in favor of this pro-sound money legislation. The bill will now be transmitted to Gov. Tony Evers for his signature.
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Take two Louis d'ors and call me in the morning
Submitted by admin on Mon, 2024-03-18 18:46 Section: Daily DispatchesSugar-Coated Gold Nanoparticles Can Quickly Eliminate Bacterial Infections, No Antibiotics Required
From the National Institutes of Health
Bethesda, Maryland
via Phys.org, Douglas, Isle of Man, United Kingdom
Wednesday, March 13, 2024
Researchers at the University of Pennsylvania, Stanford University, and the New Jersey Institute of Technology have developed sugar-coated gold nanoparticles that they used both to image and destroy biofilms, the slimy scaffolding that bacteria can develop on our teeth or wounded skin if left unattended.
Brien Lundin: Silver is outperforming gold
Submitted by admin on Mon, 2024-03-18 16:20 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter / Golden Opportunities, Metairie, Louisiana
Monday, March 18, 2024
The big story in gold is silver.
Every secular bull market in gold has seen silver outperform its glittering cousin. That means two things:
1) Silver's outperformance is a confirmation that a gold bull market has truly begun, and. ...
2) It's a great way to play gold during such a bull market.
GoldMoney's Turk still sees gold ETFs as central bank tools for price suppression
Submitted by admin on Sun, 2024-03-17 20:40 Section: Daily Dispatches8:39p Sunday, March 17, 2024
Dear Friend of GATA and Gold:
At King World News, GoldMoney founder James Turk remarks on the decline of gold holdings claimed by major exchange-traded funds despite the upward trend of the gold price.
Has GATA earned your support yet?
Submitted by admin on Sun, 2024-03-17 20:35 Section: Daily Dispatches8:35p ET Sunday, March 17, 2024
Dear Friend of GATA and Gold:
Since gold and even silver seem to be enjoying a sustained rally, since government stupidity and corruption are reaching new heights too, and since sentiment in our long-depressed sector may be improving, this may be the time for GATA to ask for your help, which we haven't done in a long time.
Robert Lambourne: How can interest cost of U.S. government's 'special debt' be falling?
Submitted by admin on Sun, 2024-03-17 20:09 Section: Daily Dispatches8:08p Sunday, March 17, 2024
Dear Friend of GATA and Gold:
GATA consultant Robert Lambourne has spotted a strange trend in the U.S. government's report about its more than $7 trillion in "special debt," money owed to the beneficiaries of various federal government trust funds.
Somehow, Lambourne writes, interest costs on the "special debt" are reported as falling even as the total amount of "special debt" has been holding steady and interest costs on the rest of U.S. government debt are rising.
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