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Pam and Russ Martens: Fed has blocked no bank merger since 2006

By Pam and Russ MartensWall Street on ParadeWednesday, July 14, 2021On Monday the Federal Reserve (which includes no one elected to office by the American people) thumbed its nose at President Joe Biden, the man who received more than 81 million votes in the 2020 Presidential election, representing a 51.3 percent mandate from the American people who vote.... Dispatch continues below ...ADVERTISEMENTUSA Gold: Coins and Bullion Since...

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Ed Steer's Gold & Silver Digest: A somewhat ugly CoT report

10:44p ET Tuesday, July 13, 2021Dear Friend of GATA and Gold:The Monday edition of GATA board member Ed Steer's Gold & Silver Digest report, headlined "A Somewhat Ugly CoT Report," is posted in the clear at GoldSeek here:https://goldseek.com/article/somewhat-ugly-cot-reportCHRIS POWELL, Secretary/TreasurerGold Anti-Trust Action Committee Inc.CPowell@GATA.orgAsante Gold Acquires Key Exploration Landon Ashanti and...

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Craig Hemke at Sprott Money: Corrected golden lessons

10:10p ET Tuesday, July 13, 2021Dear Friend of GATA and Gold:Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, recalls the U.S. State Department cable from 1974 showing that the U.S. gold futures market was endorsed by the government, if not essentially established by the government, in the expectation that it would divert private investment demand away from real metal and into derivatives whose prices were more...

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Mike Ballanger: GATA, the original whistleblowers

9:30p ET Monday, July 13, 2021Dear Friend of GATA and Gold:In his financial letter this week our old friend Mike Ballanger of GGM Advisory Inc. in Port Perry, Ontario, credits GATA as "the original whistleblowers." The letter is posted as a Microsoft Word document here --https://gata.org/sites/default/files/Ballanger-07-12-2021_0.doc-- and Ballanger can be reached at miningjunkie216@outlook.com and followed on Twitter as...

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A new gold-backed world reserve currency is coming, Leeb tells KWN

10p ET Sunday, July 11, 2021Dear Friend of GATA and Gold:Financial analyst Stephen Leeb predicts to King World News today that a new world reserve currency is inevitable and that it likely will be composed of a basket of currencies that in turn are backed by gold. Leeb explains his prediction at KWN here:https://kingworldnews.com/leeb-the-coming-gold-based-monetary-system-will-have-some-surprises/CHRIS POWELL, Secretary/TreasurerGold...

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How Ottawa seized a golden opportunity to help defeat the Nazis in WWII

By Alistair SteeleCanadian Broadcasting Corp. News, TorontoSaturday, July 10, 2021In June 1940, the Second World War was not going well for Great Britain.More than 300,000 Allied soldiers and sailors had just been rescued in the desperate evacuation from the French port of Dunkirk. The French army soon crumbled, and by mid-month German troops were marching into Paris.The Nazi invasion of Britain seemed both imminent and inevitable.......

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Can Reddit's silver 'apes' beat the market?

By Peter HobsonReutersFriday, July 9, 2021LONDON -- Kerry Kraker, 56, has worked in kitchens all his life. Since March he's spent around $100 a week -- half his spare cash -- on silver coins. He's part of a growing social media movement who say they are buying bars and coins for protection from a coming age of inflation.Thanks to a community of like-minded silver "stackers" gathering on social-media platform Reddit Inc.,...

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Britain exempts gold-clearing banks from Basel 3 rule

By Peter HobsonReutersFriday, July 9, 2021LONDON -- A British regulator said today that banks clearing gold trades in London could apply for an exemption from tighter capital rules due in January 2022, removing what some said was a threat to the functioning of the market.London is the world's biggest physical precious metals trading hub. Its clearing system, operated by a handful of large banks with access to metal in vaults, settles...

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GoldCore: Why central banks plan to increase gold reserves this year

From GoldCore, DublinThursday, July 8, 101`Central banks' interest in increasing their gold reserves made news again this week. Bloomberg's headline on the topic was "Gold Regains Shine After Central Bank Buying Drops to Decade Low." The article notes that central banks may be regaining their appetite for buying gold after staying on the sidelines for the past year.... Dispatch continues below ...ADVERTISEMENTStorage and...