Vietnam's central bank to sell gold through state banks to quell prices
Submitted by admin on Thu, 2024-05-30 12:22 Section: Daily DispatchesBy Quynh Trang
VN Express, Hanoi
Wednesday, May 29, 2024
The State Bank of Vietnam, in a move to stabilize gold prices, will sell gold bars to four state-owned lenders so they can distribute them to retail buyers.
The sale will begin June 3 at prices determined by the central bank, bank Deputy Governor Pham Quang Dung said Wednesday.
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Pam and Russ Martens: Academic study documents revolving door between big banks and regulators
Submitted by admin on Thu, 2024-05-30 12:12 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, May 30, 2024
Ronan Manly: Trends and developments in central bank gold buying
Submitted by admin on Thu, 2024-05-30 11:59 Section: Daily DispatchesBy Ronan Manly
Bullion Star, Singapore
Thursday, May 30, 2024
As we approach mid-year 2024 in the environment of an all-time high U.S. dollar gold price, it's notable that central bank gold buying continues to be one of the themes dominating gold market discussion.
In uncertain times, gold jewellery offers financial security
Submitted by admin on Wed, 2024-05-29 15:21 Section: Daily DispatchesWhen gold is remonetized, India may be the richest country in the world.
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By Yumna Iftikhar
The Globe and Mail, Toronto
Tuesday, May 28, 2024
As a child Adiba Ahmed didn't understand why her mother loved gold jewellery. But when her family came under financial stress and her mother sold the gold to keep them afloat, Ahmed realized that gold jewellery could be a reliable emergency fund.
Pam and Russ Martens: JPMorgan Securities is fined $100 million for spoofing and high-frequency-trading violations
Submitted by admin on Tue, 2024-05-28 11:23 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, May 28, 2024
How does a Wall Street trading firm gain competitive advantage to entice spoofers and high-frequency trading firms to use its trading platforms instead of those of its competitors?
How about having its trading compliance personnel wear a blindfold as billions of trades occur over the span of eight or nine years?
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Robert Lambourne: Interest cost of U.S. 'special debt' still falls as debt and rates rise
Submitted by admin on Mon, 2024-05-27 10:55 Section: Daily DispatchesBy Robert Lambourne
May 27, 2024
This note updates a report from March 17 concerning the gross interest cost reported in the last 12 monthly U.S. Treasury statements for the Federal government. That report is here:
