You are here
Daily Dispatches
Craig Hemke at Sprott Money: The soaring dollar crushes the commodity rally
Submitted by cpowell on Wed, 2018-04-25 16:41 Section: Daily DispatchesBy Craig Hemke
Sprott Money, Toronto
Wednesday, April 25, 2018
Just last week it appeared that a general rally in commodities was underway.
Gold, silver, the base metals, and crude oil were all soaring. But now, less than one week later, prices are falling sharply. And why?
Blame the high-frequency traders who trade the digital derivative contracts.
Trump's bank watchdog bought financial stocks up until taking office
Submitted by cpowell on Wed, 2018-04-25 12:27 Section: Daily DispatchesBy Michelle Price and Patrick Rucker
Reuters
Wednesday, April 25, 2018
WASHINGTON -- U.S. President Donald Trump's nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics.
Ex-UBS metals trader beats spoofing conspiracy charge
Submitted by cpowell on Wed, 2018-04-25 12:13 Section: Daily DispatchesBy Christie Smythe
Bloomberg News
Wednesday, April 25, 2018
If anything is more precious than gold, it might be an acquittal.
A former UBS Group AG precious metals trader was found not guilty on Wednesday of scheming to manipulate futures markets through a practice known as spoofing.
Come clean about gold, congressman tells Treasury and Fed
Submitted by cpowell on Wed, 2018-04-25 11:35 Section: Daily Dispatches11:41a ET Wednesday, April 25, 2018
Dear Friend of GATA and Gold:
A member of Congress this week asked the U.S. Treasury Department and Federal Reserve to come clean about government policy toward gold.
Ronan Manly: Turkey and Russia emphasize gold's strategic importance
Submitted by cpowell on Tue, 2018-04-24 18:26 Section: Daily Dispatches6:27p ET Tuesday, April 24, 2018
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly today notes the strategic importance increasingly placed on their gold reserves by Turkey and Russia. Manly's analysis is headlined "Turkey and Russia Highlight Gold's Role as a Strategically Important Asset" and it's posted at Bullion Star here:
That was John Rubino, not Steve Saville
Submitted by cpowell on Tue, 2018-04-24 18:10 Section: Daily Dispatches6:10p ET Tuesday, April 24, 2018
Dear Friend of GATA and Gold:
GoldSeek has corrected the byline on the essay "Fake Markets Produce a Fake Economy," which GATA called to your attention earlier today and which, it turns out, was written by John Rubino of Dollar Collapse, not Steve Saville of The Speculative Investor:
Lots of metals market rigging described in federal trial
Submitted by cpowell on Tue, 2018-04-24 13:19 Section: Daily Dispatches1:20p ET Tuesday, April 24, 2018
Dear Friend of GATA and Gold:
Here come the petrodollars, back to save global asset prices
Submitted by cpowell on Tue, 2018-04-24 08:14 Section: Daily DispatchesBy Tracy Alloway and Sid Verma
Bloomberg News
Tuesday, April 24, 2018
The recent surge in oil prices is poised to boost global assets as crude-producing states deploy replenished stashes of petrodollars, according to a growing chorus of analysts.
Ted Butler: In interview, CFTC chairman avoids the obvious
Submitted by cpowell on Mon, 2018-04-23 19:58 Section: Daily Dispatches8p ET Monday, April 23, 2018
Dear Friend of GATA and Gold:
Amid 'relentless' futures selling, silver nears breakout, GoldMoney says
Submitted by cpowell on Sat, 2018-04-21 09:27 Section: Daily Dispatches9:29a ET Saturday, April 21, 2018
Dear Friend of GATA and Gold:
A research report by GoldMoney's Stefan Wieler concludes that "relentless selling pressure in the futures market" has been suppressing silver prices but that the market is on the verge of a breakout. The report is headlined "Silver on the Verge of a Breakout" and it's posted at GoldMoney here:
Pages
