Ted Butler: In interview, CFTC chairman avoids the obvious

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8p ET Monday, April 23, 2018

Dear Friend of GATA and Gold:

Amid 'relentless' futures selling, silver nears breakout, GoldMoney says

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9:29a ET Saturday, April 21, 2018

Dear Friend of GATA and Gold:

A research report by GoldMoney's Stefan Wieler concludes that "relentless selling pressure in the futures market" has been suppressing silver prices but that the market is on the verge of a breakout. The report is headlined "Silver on the Verge of a Breakout" and it's posted at GoldMoney here:

Russia says it keeps all its gold reserves at home

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Russia Entrusts Its Gold to No One, has Zero Bullion in U.S.

From Russia Today, Moscow
Saturday, April 21, 2018

The Central Bank of Russia keeps all its bullion at home, since only in Russia can its gold be completely safe, according to Anatoly Aksakov, the chairman of the State Duma Committee on Financial Markets.

Eric Sprott's weekly review: Closer to a short squeeze in metals?

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9:06a ET Saturday, April 21, 2018

Dear Friend of GATA and Gold:

Reviewing this week's market action, mining entrepreneur Eric Sprott and Craig Hemke of Sprott Money News discuss the seemingly growing possibility of a short squeeze in the monetary metals. Their discussion is 13 minutes long and can be heard at Sprott Money here:

NY Fed nominee faults bitcoin for lacking elasticity and central bank sponsorship

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But isn't that the point of cryptocurrency -- and gold?

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Likely New York Fed President Says Bitcoin 'Doesn't Pass the Basic Test' for a Currency

By Jeff Cox
CNBC, New York
Friday, April 20, 2018

The central banker expected to be the next head of the New York Fed doesn't think much of bitcoin and other cryptocurrencies.

Turkey repatriates its gold reserves from U.S.

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By Rufiz Hafizoglu
Trend News Agency
Baku, Azerbaijan
Thursday, April 19, 2018

https://en.trend.az/business/economy/2889996.html

Turkey's central bank has transferred its gold reserves stored in the U.S. Federal Reserve System to Turkey, Turkish media reported today, citing sources in the government.

Ecuador is getting realistic and practical about exploiting its mineral wealth

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9:42p ET Wednesday, April 18, 2018

Dear Friend of GATA and Gold:

The VICE newsmagazine on HBO television has just done a documentary about geologist and mining entrepreneur Keith Barron's return to Ecuador as CEO of Aurania Resources, and it suggests that the country and its people have taken a new, realistic, and practical approach to exploiting their mineral riches.

Iran switches from dollar to euro as official reporting currency

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From Reuters
Wednesday, April 18, 2018

LONDON -- Iran will start reporting foreign currency amounts in euros rather than U.S. dollars, state media said today as part of the country's effort to reduce its reliance on the U.S. currency due to political tension with Washington.

IMF sounds alarm on excessive global borrowing

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By Chris Giles
Financial Times, London
Wednesday, April 18, 2018

WASHINGTON -- The International Monetary Fund today sounded the alarm on excessive global borrowing, warning that with a total of $164 trillion owed, the world's public and private sectors are deeper in debt than at the height of the financial crisis a decade ago.

Craig Hemke at Sprott Money: The Comex 'exchanges for physical' fraud

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7:35p ET Tuesday, April 17, 2018

Dear Friend of GATA and Gold:

The sudden rise in settlement of Comex gold and silver futures contracts through the formerly obscure off-exchange mechanism of "exchange for physicals" is likely just increasing the supply of imaginary metal, the TF Metals Report's Craig Hemke writes today for Sprott Money.

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