You are here
Daily Dispatches
Arcadia Economics interviews Gold Newsletter's Brien Lundin on silver
Submitted by admin on Mon, 2021-04-12 21:30 Section: Daily Dispatches9:28p ET Monday, April 12, 2021
Dear Friend of GATA and Gold:
Chris Marcus of Arcadia Economics today interviewed Gold Newsletter publisher and New Orleans Investment Conference organizer Brien Lundin about silver's prospects, about which they are hopeful. Perhaps even more hopeful for hundreds in the gold and silver sector, Lundin remarks that the New Orleans conference anticipates being held live and in person this year, from Tuesday, October 19, through Friday, October 22.
... Dispatch continues below ...
Simple math is about to cause an inflation problem
Submitted by admin on Mon, 2021-04-12 20:12 Section: Daily DispatchesBy Reade Pickert
Bloomberg News
Monday, April 12, 2021
No economic question is being debated more right now than whether the United States will see a sharp rise in inflation. But the answer for the next few months is simple: Yes.
Due to the way the government's inflation metrics are calculated, what will appear to be significant price increases are all but guaranteed. The phenomenon is known as the base effect, a term worth keeping in mind when new figures make the argument even wilder.
... Dispatch continues below ...
Singapore dealer prepares vault for 15,000 tons of silver
Submitted by admin on Mon, 2021-04-12 12:45 Section: Daily DispatchesBy Ranjeetha Pakiam and Yvonne Yue Li
Bloomberg News, New York
via Yahoo News, Sunnyvale, California
Monday, April 12, 2021
Inside a six-story high warehouse near Singapore's Changi airport, a vast hangar-like space is waiting to be filled with a precious metal that usually plays second fiddle to its more lustrous sibling.
Government intervention against gold fails again to make Hathaway's list
Submitted by admin on Mon, 2021-04-12 12:30 Section: Daily Dispatches12:31p ET Monday, April 12, 2021
Dear Friend of GATA and Gold:
In his latest report, Sprott Asset Management's John Hathaway writes that "four familiar refrains explain gold's recent correction." Surreptitious intervention by governments and central banks with the assistance of the Bank for International Settlements again fails to make Hathaway's list, though intervention in the gold market by the BIS on behalf of its member central banks appears to have reached a record level --
India's gold imports jump to near two-year high as weddings revive demand
Submitted by admin on Mon, 2021-04-12 11:24 Section: Daily DispatchesBy Shruti Srivastava and Swansy Afonso
Bloomberg News, New York
via Business Standard, New Delhi
Monday, April 12, 2021
Gold imports by India surged in March to the highest monthly total in nearly two years as a slump in prices stoked demand for jewelry during the ongoing wedding season.
... Dispatch continues below ...
ADVERTISEMENT
USAGold: Coins and bullion since 1973
Ecuador elects businessman; leading candidate in Peru would nationalize everything
Submitted by admin on Mon, 2021-04-12 11:07 Section: Daily DispatchesMillionaire Businessman Guillermo Lasso Elected Ecuador's President
By Gideon Long
Financial Times, London
Monday, April 12, 2021
QUITO, Ecuador -- Millionaire businessman Guillermo Lasso will be Ecuador’s next president after pulling off a remarkable victory in Sunday’s election, overcoming a deficit of 13 percentage points between the first and second rounds to beat leftwing candidate Andres Arauz.
... Dispatch continues below ...
ADVERTISEMENT
London metal trader Andrew Maguire interviews GoldMoney's Alasdair Macleod
Submitted by admin on Fri, 2021-04-09 22:51 Section: Daily Dispatches1:06p ET Sunday, April 11 2021
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, in his weekly program with Shane Moran for Kinesis Money, praises GATA's consultant on the Bank for International Settlements, Robert Lambourne, and explains why he sees the current futures trader positioning in gold as bullish.
Then Maguire interviews GoldMoney research director Alasdair Macleod.
... Dispatch continues below ...
ADVERTISEMENT
Trying again with a mainstream financial journalist who should know better
Submitted by admin on Fri, 2021-04-09 13:04 Section: Daily DispatchesFriday, April 9, 2021
John Authers
Bloomberg News
New York, N.Y.
Dear Mr. Authers:
Your column today at Bloomberg News, ""Bitcoin is Displacing Gold as an Inflation Hedge" --
https://www.bloomberg.com/opinion/articles/2021-04-09/bitcoin-is-displac...
-- asks if there are songs about bitcoin. A few years ago the comedian Remy produced this rap video about it:
Papua New Guinea gets majority stake in Barrick-Zijin gold mine
Submitted by admin on Fri, 2021-04-09 12:14 Section: Daily DispatchesFrom Reuters
Friday, April 8, 2021
MELBOURNE, Australia -- Barrick Gold Corp. has reached a deal that gives the Papua New Guinea government a majority share in the Porgera gold mine as part of plans to restart operations, the company said today.
The deal will set a benchmark for further resources projects in the region, Prime Minister James Marape said in a statement, and help shape the terms of new developments by the likes of Australian gold miner Newcrest Mining.
.... Dispatch continues below ....
U.S. producer inflation firms in March as prices increase broadly
Submitted by admin on Fri, 2021-04-09 12:02 Section: Daily DispatchesBy Lucia Mutikani
Reuters
Friday, April 9, 2021
WASHINGTON -- U.S. producer prices increased more than expected in March, resulting in the largest annual gain in 9 1/2 years, likely marking the start of higher inflation as the economy reopens amid an improved public health environment and massive government funding.
The report from the Labor Department today also showed solid gains in underlying producer prices last month.
Pages
