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Daily Dispatches
Goldman warns dollar's role as world reserve currency is at risk
Submitted by cpowell on Tue, 2020-07-28 10:47 Section: Daily DispatchesBy John Ainger
Bloomberg News
Tuesday, July 28, 2020
The U.S. dollar's reign as the world's reserve currency is coming under threat, as evinced by the recent surge in gold prices, according to Goldman Sachs Group Inc.
King Report: At some point 'they' will pound gold into a buying opportunity
Submitted by cpowell on Tue, 2020-07-28 01:53 Section: Daily DispatchesFrom The King Report
Burr Ridge, Illinois
Tuesday, July 28, 2020
http://thekingreport.com/
The big story of Monday: The dollar plunged; gold, silver, and bitcoin soared while banks sank. Momentum buyers are now jiggy on gold and silver -- and there is little that the Fed can do to halt the surge.
We're beating the bad guys, so will you help?
Submitted by cpowell on Mon, 2020-07-27 23:02 Section: Daily Dispatches11p ET Monday, July 27, 2020
Dear Friend of GATA and Gold:
While the bad guys -- the government-underwritten riggers of the gold market -- are not going away quietly, they're on the run now, in large part because other governments and investors generally have come to understand the dishonest mechanisms and oppressive purposes of the Western fractional-reserve gold banking system.
U.S. Mint cuts gold and silver coin production for a year or more, blames virus
Submitted by cpowell on Mon, 2020-07-27 22:48 Section: Daily DispatchesU.S. Mint Has Reduced Silver, Gold Coin Supplies to Purchasers
By Justina Vasquez and Yvonne Yue Li
Bloomberg News
Monday, July 27, 2020
The U.S. Mint has reduced the volume of gold and silver coins it is distributing to authorized purchasers as the coronavirus pandemic slows production, a document seen by Bloomberg shows.
As surge into monetary metals continues, Turk calls it 'leading edge of the tidal wave'
Submitted by cpowell on Mon, 2020-07-27 21:11 Section: Daily Dispatches9:10p ET Monday, July 27, 2020
Dear Friend of GATA and Gold:
Second Republican senator will vote against Fed nominee Shelton
Submitted by cpowell on Mon, 2020-07-27 19:24 Section: Daily DispatchesBy Lindsay Dunsmuir
Reuters
Monday, July 27, 2020
WASHINGTON -- U.S. Sen. Susan Collins today became the second Republican to come out against the nomination of Judy Shelton, President Donald Trump's latest pick to join the powerful Federal Reserve board.
GATA secretary reviews big changes hinting at failure of fractional-reserve gold banking system
Submitted by cpowell on Mon, 2020-07-27 18:55 Section: Daily Dispatches6:53p ET Monday, July 27, 2020
Dear Friend of GATA and Gold:
Brien Lundin: What if the whole world wants to play in gold's tiny sandbox?
Submitted by cpowell on Mon, 2020-07-27 18:27 Section: Daily DispatchesEven a small shift of portfolio investment could send monetary metals prices soaring.
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By Brien Lundin
Gold Newsletter, Alert 1,023
Metairie, Louisiana
Monday, July 27, 2020
https://goldnewsletter.com/
People who don't yet realize they're short gold may start to cover, Turk tells KWN
Submitted by cpowell on Mon, 2020-07-27 17:25 Section: Daily Dispatches5:27p ET Monday, July 27, 2020
Dear Friend of GATA and Gold:
Gold's rise to a record high is likely to give people some disturbing thoughts, GoldMoney founder and GATA consultant James Turk tells King World News today.
Desperate hunt for yield forces investors to take 'extreme risk'
Submitted by cpowell on Mon, 2020-07-27 12:07 Section: Daily DispatchesSo why don't they just start buying gold instead?
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By Colby Smith
Financial Times, London
Sunday, July 26, 2020
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