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Daily Dispatches

Craig Hemke: Collapsing real interest rates will keep driving gold higher

Section: Daily Dispatches

1:20p ET Wednesday, August 5, 2020

Dear Friend of GATA and Gold:

Real interest rates are going negative, the TF Metals Report's Craig Hemke writes this week at Sprott Money, and will be the main driver of gold prices as the United States enters another period of "stagflation," like the period in the 1970s in which gold soared.

As dollar slides, some investors fret about its status as world's reserve currency

Section: Daily Dispatches

By Saqib Iqbal Ahmed
Reuters
Wednesday, August 5, 2020

NEW YORK -- Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially accelerating what has so far been a slow erosion in the greenback's status as the world's dominant reserve currency.

Pam and Russ Martens: The Fed has hidden the transactions of three emergency lending programs

Section: Daily Dispatches

Correcting the Wall Street on Parade link at the bottom.

* * *

By Pam and Russ Martens
Wall Street on Parade
Monday, August 3, 2020

Shuli Ren: Gold can do what bonds can't in a super-low-rate world

Section: Daily Dispatches

By Shuli Ren
Bloomberg News
Monday, August 3, 2020

n the past decade, a traditional 60/40 portfolio of stocks and bonds, as represented by the S&P 500 index and long-term government bonds, was a winner. But with U.S. bond yields moving toward zero or even negative territory, it may be time to rethink that mix.

One thought: How about swapping out some bonds for gold?

Sprott's weekly review praises GATA and Ted Butler

Section: Daily Dispatches

9:44a ET Saturday, August 1, 2020

Dear Friend of GATA and Gold:

Reviewing the week in gold and silver with Craig Hemke for Sprott Money, mining entrepreneur Eric Sprott says investing increasingly is taking silver that ordinarily would be purchased for industrial use, driving the price up. Physical demand on the New York Commodities Exchange, Sprott says, has become "crazy."

102 tonnes of gold changing hands on Comex's biggest-ever delivery day

Section: Daily Dispatches

By Peter Hobson
Reuters
Friday, July 31, 2020

LONDON -- Traders on CME Group's Comex exchange in New York said on Thursday they would deliver 102 tonnes of gold to holders of expiring futures contracts, in the biggest one-day delivery on record.

Reviewing alternative reserve currencies, Bloomberg gets gold all wrong

Section: Daily Dispatches

1:22p ET Friday, July 31, 2020

Dear Friend of GATA and Gold:

Give Bloomberg News a little credit for a report today questioning the U.S. dollar's role as the world reserve currency and noting that other world reserve currencies have come and gone over the centuries:

https://www.bloomberg.com/news/articles/2020-07-31/the-dollar-s-leading-...

U.S. dollar suffers its worst month in a decade

Section: Daily Dispatches

By Olivia Konotey-Ahulu
Bloomberg News
Friday, July 31, 2020

The euro rose the most in a decade this month, the British pound is headed for its best July since 1990, and for the first time this year, every major currency in the world rose against the greenback.

It's all thanks to the dollar's 4.6% plunge, its biggest monthly retreat since 2010.

... Dispatch continues below ...

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