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Daily Dispatches

You can distinguish conspiracy theories from conspiracy facts, if you really want to and try

Section: Daily Dispatches

2:57p ET Wednesday, February 26, 2020

Dear Friend of GATA and Gold:

A grudgingly approving reference to GATA comes today from the investment research chief of currency trading house BDSwiss, Marshall Gittler, whose essay at FXStreet is headlined "Another 'Risk-Off' day, But with Another Fall in Gold":

Gold-backed ETFs have never seen inflows like this

Section: Daily Dispatches

By Ranjeetha Pakiam
Bloomberg News
Wednesday, February 26, 2020

Global investors are stashing more and more assets into gold as the coronavirus outbreak spreads and appetite for risk takes a hit.

Craig Hemke at Sprott Money: U.S. real rates are already negative and will get more so, boosting gold

Section: Daily Dispatches

9:06p ET Tuesday, February 24, 2020

Dear Friend of GATA and Gold:

Writing at Sprott Money, the TF Metals Report's Craig Hemke asserts tonight that the whole U.S. Treasury yield curve already offers a negative return in inflation-adjusted interest rates, even as more rate cuts are almost surely coming. This, Hemke writes, will push more safe-haven money toward gold in all its forms.

Ontario teachers pension fund strikes innovative cash-for-gold deal

Section: Daily Dispatches

By Aoyon Ashraf and Paula Sambo
Bloomberg News
Tuesday, February 24, 2020

New Gold Inc. surged after forming an unusual partnership with Ontario Teachers Pension Plan that gives the miner $300 million in exchange for selling a portion of the free cash flow from its flagship operation.

JPMorgan eyes plan to tap Fed's discount window to break stigma

Section: Daily Dispatches

Does this sound like an economy or financial system that's in great shape?

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By Christopher Condon and Shahien Nasiripour
Bloomberg News
Tuesday, February 25, 2020

Who smashed gold this afternoon? Let's 'round up the usual suspects'

Section: Daily Dispatches

7:52p ET Monday, February 24, 2020

Dear Friend of GATA and Gold:

Somebody seems to have dumped a lot of gold derivatives on the market this afternoon, and Zero Hedge estimates it at $3 billion worth and attributes it to the Bank for International Settlements:

https://www.zerohedge.com/commodities/gold-suddenly-hammered-multi-billi...

Dave Kranzler: Gold is signaling a financial system disaster

Section: Daily Dispatches

By Dave Kranzler
Investment Research Dynamics, Denver
Monday, February 24, 2020

Gold is signaling that a financial system disaster will hit.

Dan Oliver: The money to push gold past $10,000 has already been issued

Section: Daily Dispatches

8:35p ET Sunday, February 24, 2020

Dear Friend of GATA and Gold:

Gold will reach and pass $10,000 per ounce because the money that will drive the price there has already been issued, Myrmikan Capital founder and managing member Dan Oliver writes in a fascinating study of gold backing for central bank balance sheets through history.

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