Trump imposes total U.S. freeze on Venezuelan government assets

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By Makini Brice, Eric Beech, Matt Spetalnick, and Roberta Rampton
Reuters
Monday, August 5, 2019

WASHINGTON -- President Donald Trump today imposed a freeze on all Venezuelan government assets in the United States, sharply escalating a diplomatic and sanctions drive aimed at removing socialist President Nicolas Maduro from power.

China limits yuan's fall after being labeled currency manipulator

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By Tian Chen
Bloomberg News
Monday, August 5, 2019

China took steps to slow the yuan's descent as the effects of Monday's tumble continued to weigh on markets.

This year more than ever, gold and silver investors should be in New Orleans

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9:53p ET Monday, August 5, 2019

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and your secretary/treasurer again will be speaking at the New Orleans Investment Conference this year, and in the letter below the conference's organizer, Gold Newsletter Editor Brien Lundin, explains why you should join us there.

Pot calls kettle black as U.S. labels China a currency manipulator

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The irony here is immense. The U.S. has just denounced China for withdrawing central bank support for its currency and thus letting its currency be valued by the market, while the U.S. government itself secretly trades in the currency and commodity markets and won't come clean about it even when a member of Congress asks:

http://gata.org/node/18210

http://gata.org/node/18832

Slide of China's yuan had OK of policymakers, sources tell Reuters

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By Keith Zhai and Zheng Li
Reuters
Monday, August 5, 2019

Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said today.

Swiss central bank sight deposits hit record, suggesting FX interventions

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By Catherine Bosley
Bloomberg News
Monday, August 5, 2019

The Swiss National Bank may have intervened to tame the franc's rise, with record-high sight deposits pointing to currency market activity.

Ambrose Evans-Pritchard: Currency war begins as China hurls devaluation back in Trump's face

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By Ambrose Evans-Pritchard
The Telegraph, London
Monday, August 5, 2109

China has hit back against the Trump administration with a drastic exchange rate devaluation, almost guaranteeing a superpower showdown and a lurch towards full trade war.

Dollar intervention risk rises as yuan's slide stokes currency war bets

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By Ruth Carson and Masaki Kondo
Bloomberg News
Monday, August 5, 2019

The risk of U.S. intervention to rein in the dollar is rising as a tumbling Chinese yuan stokes speculation that a global currency war is getting underway.

China lets yuan fall below 7 per dollar as trade war escalates

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By Tian Chen
Bloomberg News
Sunday, August 4, 2019

The yuan plunged beyond 7 per dollar for the first time since 2008 amid speculation Beijing was allowing currency depreciation to counter President Donald Trump's latest tariff threat.

As gold and silver catch fire, what's happening?

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11:53p ET Monday, August 4, 2109

Dear Friend of GATA and Gold:

A friend who has not been paying close attention to the gold market for a while asked your secretary/treasurer this afternoon for a summary of his outlook. With the monetary metals on fire tonight as they have not been for a long, long time, maybe the reply is worth sharing: