Brazilian central bank intervenes as real's slide deepens, down 7% this year


By Jamie McGeever
Saturday, February 24, 2021

BRASILIA -- Brazil's central bank twice waded into the spot currency market on Friday, selling a total of $1.545 billion as the real slid further against the dollar to cement its status as one of the world's worst-performing currencies this year.

Canadian miners dig deeper in West Africa


By Christophe Le Bec, Honore Banda, and Amadou Oury Diallo
The Africa Report, Paris
Thursday, February 25, 2021

In the underexplored and booming gold-mining areas of West Africa, Canadian miners are moving fast to expand their operations.

Nigerian central bank governor suggests naira has been devalued


By Anthony Osae-Brown and Tope Alake
Bloomberg News
Saturday, February 27, 2021

Nigeria's central bank governor suggested the nation’s currency has been devalued.

Gold is a powerful weapon both for and against central banking


11:59a ET Friday, February 25, 2021

Dear Friend of GATA and Gold:

Time for another installment of our occasional feature "Ask a High School Graduate."

Our friend J.S. writes:

London metals trader Andrew Maguire said this week in his interview for Kinesis Money --

Tuomas Malinen: The conditions for hyperinflation are in place


By Tuomas Malinen
GNS Economics, Helsinki, Finland
Wednesday, February 24, 2021

From time-to-time historically, national authorities have resorted to financing by their central bank to cover budget shortfalls. Another word for this is monetization of debt or deficit-financing by the central bank.

Pam and Russ Martens: Wall Street tells Fed there's no more room for Treasuries


By Pam and Russ Martens
Wall Street on Parade
Friday, February 26, 2021