GATA

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

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By Jamie McGeever
Reuters
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

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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

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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

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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 --

http://gata.org/node/20947

Tuomas Malinen: The conditions for hyperinflation are in place

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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

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