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Daily Dispatches
Maguire describes efforts by financial houses to suppress news of gold market rigging
Submitted by cpowell on Fri, 2017-02-24 15:01 Section: Daily Dispatches3p ET Friday, February 24, 2017
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire today tells King World News about the successful efforts of financial houses to prevent mainstream financial news organizations from reporting the rigging of the gold and silver markets. An excerpt from the interview is posted at KWN here:
Trump calls Chinese 'grand champions' of currency manipulation
Submitted by cpowell on Fri, 2017-02-24 08:24 Section: Daily DispatchesBy Steve Holland and David Lawder
Reuters
Friday, February 24, 2017
WASHINGTON -- President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices.
Even China can't kill bitcoin
Submitted by cpowell on Fri, 2017-02-24 08:15 Section: Daily DispatchesBy Elaine Ou
Bloomberg News
Thursday, February 23, 2017
Every time a government sets out to abolish something people like, the well-liked thing moves to where it can't be stopped. This has happened with prohibition, gambling, the war on drugs, and digital piracy. Now it's happening in China, where the government has been trying to crack down on bitcoin.
Treasury eyeing issuance of 100-year U.S. government debt
Submitted by cpowell on Thu, 2017-02-23 20:15 Section: Daily DispatchesBy Joe Rennison
Financial Times, London
Thursday, February 23, 2017
NEW YORK -- Steven Mnuchin, U.S. Treasury secretary, said today that his staff have begun to look into issuing U.S. government debt with maturities of as long as 50 or 100 years.
Trump suggests he wants a weak dollar to help U.S. exporters
Submitted by cpowell on Thu, 2017-02-23 20:05 Section: Daily DispatchesBy Jacob Pramuk
CNBC, New York
Thursday, February 23, 2017
President Donald Trump signaled today that he wants to keep the U.S. dollar's value lower to aid American companies selling products abroad.
Embry notes desperation to keep silver below $18
Submitted by cpowell on Thu, 2017-02-23 13:57 Section: Daily Dispatches1:59p ET Thursday, February 23, 2017
Dear Friend of GATA and Gold:
London Metal Exchange cuts deal with banks to propel gold futures
Submitted by cpowell on Thu, 2017-02-23 07:45 Section: Daily DispatchesBy Peter Hobson
Reuters
Thursday, February 23, 2017
LONDON -- The London Metal Exchange has reached a 50:50 revenue-sharing deal with a company founded by a group of banks to promote trade in its new gold futures contracts, sources said, aiming to overcome market scepticism surrounding their launch in June.
TF Metals Report: Metals capped into FOMC minutes
Submitted by cpowell on Wed, 2017-02-22 11:33 Section: Daily Dispatches11:35a ET Wednesday, February 22, 2017
Dear Friend of GATA and Gold:
China's $9 trillion moral hazard is now too big to ignore
Submitted by cpowell on Wed, 2017-02-22 10:15 Section: Daily DispatchesFrom Bloomberg News
Wednesday, February 22, 2017
China may be about to embark on its most ambitious -- and perilous -- campaign to convince investors that they shouldn’t depend on a bailout when markets go south.
Turk sees indications of imminent short squeeze in silver
Submitted by cpowell on Tue, 2017-02-21 10:48 Section: Daily Dispatches10:50a ET Tuesday, February 21, 2017
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk, in comments posted today at King World News, describes indications of an imminent short squeeze in silver as investment banks that are short the metal struggle to keep it below $18. Turk's comments are posted at KWN here:
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