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Daily Dispatches
GATA supporters have a special connection with The Calandra Report
Submitted by cpowell on Wed, 2020-04-22 12:31 Section: Daily DispatchesSubscribe at a discount this week, gain insights about gold and silver minters, and help GATA.
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12:29p ET Wednesday, April 22, 2020
Dear Friend of GATA and Gold:
Ted Butler: Common sense and the CME Group
Submitted by cpowell on Tue, 2020-04-21 19:50 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Tuesday, April 21, 2020
Monday's spectacular and unprecedented collapse of oil prices is, rightly so, the subject of nonstop commentary. Already considered depressed on Friday's close, at $18.27 per barrel, the he May NYMEX crude oil futures contract, at Monday's official settlement price, had fallen to negative $37.63, down $55.90.
Craig Hemke at Sprott Money: Oil went no bid, so can gold go no offer?
Submitted by cpowell on Tue, 2020-04-21 17:26 Section: Daily Dispatches5:20p ET Tuesday, April 21, 2020
Dear Friend of GATA and Gold:
Gold to reach $3,000, or 50% above its record, Bank of America says
Submitted by cpowell on Tue, 2020-04-21 14:35 Section: Daily DispatchesCan't print gold? Central banks have been printing paper gold for decades!
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By Elena Mazneva
Bloomberg News
Tuesday, April 21, 2020
Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce -- more than 50% above the existing price record -- in a report titled "The Fed Can't Print Gold."
Jan Nieuwenhuijs: Coin demand of little relevance to the gold price
Submitted by cpowell on Tue, 2020-04-21 12:22 Section: Daily Dispatches12:21p ET Tuesday, April 21, 2020
Dear Friend of GATA and Gold:
Voima Gold researcher Jan Nieuwenhuijs writes today that demand for gold and silver coins has little influence on the price of the monetary metals because coins constitute only about 8 percent of demand, far less than the institutional demand for metal in the wholesale market.
Dollar's long-term prospects turn gloomy, analysts say
Submitted by cpowell on Tue, 2020-04-21 11:30 Section: Daily DispatchesBy Eva Szalay and Colby Smith
Financial Times, London
Tuesday, April 21, 2020
The U.S. dollar is heading for a drop toward the end of this year, according to strategists, in what would mark a reversal from a record-breaking surge when coronavirus first washed over markets.
Lawrence Lepard: Why gold should do well on the way to hyperinflation
Submitted by cpowell on Sun, 2020-04-19 12:36 Section: Daily Dispatches12:34p ET Sunday, April 19, 2020
Dear Friend of GATA and Gold:
All the reasons gold should do extraordinarily well in the new environment of beyond-infinite money provided by the Federal Reserve and other central banks on the way to hyperinflation are brilliantly detailed in the first-quarter 2020 report by Lawrence Lepard of Equity Management Associates in Wellesley, Massachusetts.
Trump now says strong dollar is good, yet markets beg to differ
Submitted by cpowell on Sat, 2020-04-18 21:48 Section: Daily DispatchesBy Rich Miller
Bloomberg News
Saturday, April 18, 2020
Just weeks after a surging dollar was causing havoc in world financial markets, President Donald Trump has decided that a muscular U.S. currency is a good thing after all.
"The dollar is very strong," he told a press conference on Friday. "And dollars -- strong dollars are overall very good."
Myrmikan Research's Dan Oliver: Inflation -- good and hard
Submitted by cpowell on Sat, 2020-04-18 21:13 Section: Daily Dispatches9:13p ET Saturday, April 18, 2020
Dear Friend of GATA and Gold:
Maintaining asset values will require 'infinite' money creation, Macleod tells KWN
Submitted by cpowell on Sat, 2020-04-18 11:07 Section: Daily Dispatches11:05a ET Saturday, April 18, 2020
Dear Friend of GATA and Gold: