Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, April 21, 2022

In recent articles I have argued that the era of a financialised fiat dollar standard is ending. This article takes my hypothesis further and explains that it is not just the emergence of new commodity backed currencies in Asia that will threaten the dominance of Western currencies, but the Federal Reserve's failing monetary policies and those of the other major central banks. 

An unstoppable rise in interest rates will in large part be responsible for their demise.

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, April 20, 2022

Within five years, the world's longest undersea cable will link Devon to a vast territory of solar panels in the Sahara Desert, supplying electricity directly into Britain's grid at a fraction of today's power prices.

A second cable will land two years later in 2029. Together they will provide 3.6 gigawatts of constant baseload power, equivalent to two Hinkley-sized nuclear reactors. The difference is that we will be able to afford it. That, at least, is the plan.

12:48p ET Monday, April 18, 2022

Dear Friend of GATA and Gold:

GATA board member Ed Steer, publisher of Ed Steer's Gold and Silver Digest, was just interviewed by Wall Street Silver, discussing the default of the London Metals Exchange's nickel contract, the implications of that default for silver and other metals, and the awful choice facing the Federal Reserve -- hyperinflation vs. depression.

The interview is 17 minutes long and can be heard at YouTube here:

The billionaire, who was an early backer of what became one of the world's largest gold miners, says this one is even bigger.

* * *

By Gabriel Friedman
National Post / Financial Post, Toronto
Monday, April 18, 2022

Bay Street legend Eric Sprott, who became a billionaire betting on gold and silver, just made his biggest investment yet in a precious metals exploration company.