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Daily Dispatches
Craig Hemke at Sprott Money: Gold futures contract supply is virtually infinite
Submitted by cpowell on Wed, 2019-07-03 10:11 Section: Daily Dispatches10:12p ET Wednesday, July 3, 2019
Dear Friend of GATA and Gold:
Amid the surprising recent rally in gold prices, Craig Hemke of the TF Metals Report, writing at Sprott Money, today cautions monetary metals investors about the nature of the gold futures markets, which are controlled by bullion banks with access to the infinite money of central banks.
Central banks, bullion banks losing control of gold, GATA chairman says
Submitted by cpowell on Tue, 2019-07-02 22:38 Section: Daily Dispatches10:38p ET Tuesday, July 2, 2019
Dear Friend of GATA and Gold:
Interviewed today for Silver Doctors, GATA Chairman Bill Murphy says central banks and their agent bullion banks seem to be losing control of the gold market, but silver remains under their thumb. The interview is 21 minutes long and can be heard at YouTube here:
Short squeeze in gold has begun and has long way to go, Turk tells KWN
Submitted by cpowell on Tue, 2019-07-02 22:20 Section: Daily Dispatches10:20p ET Tuesday, July 2, 2019
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk tells King World News tonight that the short squeeze in gold has begun and has a long way to go:
https://kingworldnews.com/james-turk-the-real-gold-short-squeeze-is-now-...
CHRIS POWELL, Secretary/Treasurer
IMF's Lagarde tapped to head ECB as EU reaches deal on top jobs
Submitted by cpowell on Tue, 2019-07-02 21:59 Section: Daily DispatchesBy Alex Barker, Michael Peel, Jim Brunsden, and Mehreen Khan
Financial Times, London
Tuesday, July 2, 2019
European leaders have agreed a deal to fill the EU's most important jobs, backing Christine Lagarde to lead the European Central Bank and Ursula von der Leyen to be president of the European Commission.
Trump picks two Fed nominees likely to support lowering rates
Submitted by cpowell on Tue, 2019-07-02 21:49 Section: Daily DispatchesBy Josh Wingrove and Rich Miller
Bloomberg News
Tuesday, July 2, 2019
After a year-long assault on the Federal Reserve and its chairman, President Donald Trump has tapped two wildly different economists to the central bank's board who seemingly have one important thing in common.
They're both likely to support the president's call for lower interest rates.
Hugo Salinas Price: Monetary metals prices are suppressed by the international banking cabal
Submitted by cpowell on Mon, 2019-07-01 23:39 Section: Daily DispatchesBy Hugo Salinas Price
Plata.com.mx
Monday, July 1, 2019
Saudi buying of U.S. Treasuries has soared since Trump election
Submitted by cpowell on Sun, 2019-06-30 22:38 Section: Daily DispatchesBy Liz McCormick
Bloomberg News
Sunday, June 30, 2019
By now, President Donald Trump's bromance with Mohammed bin Salman of Saudi Arabia is well documented. The platitudes and chummy photo-ops. The billions of dollars in U.S. arms sales. And, of course, the willingness to brush aside evidence implicating the crown prince in the murder of journalist Jamal Khashoggi.
Steve Forbes urges Facebook to link its cryptocurrency to a fixed weight of gold
Submitted by cpowell on Sun, 2019-06-30 22:16 Section: Daily Dispatches10:15p ET Sunday, June 30, 2019
Dear Friend of GATA and Gold:
In an open letter gold advocate and Forbes magazine editor Steve Forbes this week urged Facebook's Mark Zuckerberg to make the social-media platform's planned cryptocurrency, the Libra, convertible to a fixed weight of gold.
Please join GATA from Nov. 1-4 at the New Orleans Investment Conference
Submitted by cpowell on Sun, 2019-06-30 21:49 Section: Daily Dispatches9:48p ET Sunday, June 30, 2019
Dear Friend of GATA and Gold:
With four months to go, it's time to start thinking about the biggest and most comprehensive financial conference in North America, the New Orleans Investment Conference, to be held Friday through Monday, November 1-4.
Only central banks could handle recent losses on gold futures sales, Turk says
Submitted by cpowell on Sun, 2019-06-30 15:39 Section: Daily Dispatches3:39p ET Sunday, June 30, 2019
Dear Friend of GATA and Gold:
At King World News this weekend, GoldMoney founder James Turk says only central banks could accommodate the sort of losses -- more than $2 billion -- suffered by gold futures sellers since April:
https://kingworldnews.com/central-banks-see-massive-2-2-billion-in-losse...