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Daily Dispatches

Energy firms snap up Russian gas as Europe seeks alternatives

Section: Daily Dispatches

Even Ukraine hasn't cut the pipelines carrying Russian gas across its territory to western Europe.

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By Elena Mazneva
Bloomberg News
Sunday, February 27, 2022

European leaders talking up plans to wean the continent off Russian natural gas are facing a harsh reality: Energy companies are buying more as the war rages in Ukraine. 

Ambrose Evans-Pritchard: Russia may be forced to dump its gold to raise funds

Section: Daily Dispatches

The West Has Finally Taken the Gloves Off Against Putin, and Redeemed Our Honour

By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, February 27, 2022

On the third attempt, the West is at last grasping the nettle in Ukraine.

This weekend's draconian measures come too late to deter Vladimir Putin, but not too late to inflict real pain and perhaps to set in motion the destruction of his regime.

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Sure, the London bullion banks can be sued. Send GATA a few million pounds and we'll do it

Section: Daily Dispatches

11:47a ET Friday, February 25, 2022

Dear Friend of GATA and Gold:

Our friend M.V. writes: 

Is it not possible to sue the banksters in London for manipulating the gold price? It is obvious that the price of gold is manipulated if you look at what happened yesterday. It is fraud.

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Of course it is possible to sue banks. These days one can be sued for wearing socks that don't match.

Ambrose Evans-Pritchard: Sanctions will hurt Europe more than Russia

Section: Daily Dispatches

Greater Russia Is Now a Full-Spectrum Commodity Superpower, Less Vulnerable to Sanctions than Europe Itself

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, February 25, 2022

In a matter of hours, the world order has turned drastically less favourable for the western democracies.

Vladimir Putin’s seizure of Ukraine elevates Russia into a full-spectrum commodity superpower, adding critical market leverage over global grain supply to existing strategic depth in energy and metals. 

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Pam and Russ Martens: Unsanctioned, Western banks continue to operate normally in Russia

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Friday, February 25, 2022

While Ukrainian children sleep with their pets in the subways, living in terror of the bombs raining down on them from their Russian invaders, wealthy Russian oligarchs are being comforted by "relationship managers" at banks owned by the very nations that say they are going to hold Russia accountable for its invasion of Ukraine.

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Jim Rickards: The dollar is becoming a victim of its own success

Section: Daily Dispatches

By James G. Rickards
The Daily Reckoning, Baltimore
Tuesday, February 22, 2022

America's most powerful weapon of war does not shoot, fly, or explode. It's not a submarine, plane, tank, or laser. 

America's most powerful strategic weapon today is the dollar.

The United States uses the dollar strategically to reward friends and punish enemies. The use of the dollar as a weapon is not limited to trade wars and currency wars, although the dollar is used tactically in those disputes. 

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Alasdair Macleod: How Ukraine fits into the global jigsaw

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, February 24, 2022

Ukraine is part of a far bigger geopolitical picture. 

Russia and China want U.S. hegemonic influence in the Eurasian continent marginalized. Following defeats for U.S. foreign policy in Syria and Afghanistan and following Brexit, Russian President Vladimir Putin is driving a wedge between America and the non-Anglo-Saxon European Union.

Can gold market rigging get more obvious? Yes, and probably will tomorrow

Section: Daily Dispatches

12:10p ET Thursday, February 24, 2022

Dear Friend of GATA and Gold:

Today's "market" action in gold and silver evokes for your secretary/treasurer, and maybe a few others, a GATA dispatch from 10 years ago. An excerpt from that dispatch is below.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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May 30, 2012

https://www.gata.org/node/11426

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