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Daily Dispatches
Mahathir's gold-backed currency -- loose talk or pan-Asian plan?
Submitted by cpowell on Fri, 2019-06-28 15:43 Section: Daily DispatchesBy Ronan Manly
BullionStar.com, Singapore
Friday, June 28, 2019
Trump wants Fed to weaken dollar but Powell says that's not his job
Submitted by cpowell on Fri, 2019-06-28 15:21 Section: Daily DispatchesBy Saleha Mohsin and Katherine Greifeld
Bloomberg News
Friday, June 28, 2019
President Donald Trump wants a weaker dollar to help boost exports, and is counting on the Federal Reserve to help make that happen. But the central bank's chairman, Jerome Powell, has made clear it's not his job.
Gold is breaking out, silver very cheap, GATA chairman tells GoldSeek Radio
Submitted by cpowell on Thu, 2019-06-27 23:36 Section: Daily Dispatches11:37p ET Thursday, June 27, 2019
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy tells GoldSeek Radio's Chris Waltzek that supplies of physical gold are as tight as ever and the monetary metal is breaking out of a years-long base. Murphy adds that silver has never been as underpriced relative to gold and has great potential for appreciation.
At KWN, Turk says gold will climb the 'wall of worry'
Submitted by cpowell on Thu, 2019-06-27 21:39 Section: Daily Dispatches9:39p ET Thursday, June 27, June 24, 2019
Dear Friend of GATA and Gold:
In comments to King World News today, GoldMoney founder James Turk explains why gold, having broken out of a multi-year base, will climb the "wall of worry" to higher prices. Turk's comments are posted at KWN here:
https://kingworldnews.com/james-turk-if-you-are-worried-about-whats-next...
Gold's naked shorts may have to rely on NASA's asteroid exploration
Submitted by cpowell on Thu, 2019-06-27 16:49 Section: Daily DispatchesSpace Gold Rush: NASA to Explore Asteroid 16 Psyche, Which Is So Valuable It Could Crash the World's Economy
By Margi Murphy
The Sun, London
January 18, 2018
NASA is planning a mission to an asteroid so valuable it could cause the world's economy to collapse.
The mysterious "metal world" was formed during the turbulent birth of our solar system.
Ted Butler: Stranger than fiction
Submitted by cpowell on Thu, 2019-06-27 12:18 Section: Daily Dispatches12:08p ET Thursday, June 27, 2019
Dear Friend of GATA and Gold:
In his new essay, "Stranger than Fiction," silver market rigging whistleblower Ted Butler wonders why the U.S. Justice Department and Commodity Futures Trading Commission penalize some investment houses for rigging the monetary metals markets while leaving JPMorganChase free to rig them.
ECB gives cautious approval to League's bill on Bank of Italy gold reserves
Submitted by cpowell on Wed, 2019-06-26 21:58 Section: Daily DispatchesBy Gavin Jones and Giuseppe Fonte
Reuters
Tuesday, June 25, 2019
ROME -- The European Central Bank on Tuesday gave a substantial green light to a bill by Italy's ruling League party which seeks to spell out that gold reserves held by the Bank of Italy belong to the state, and not the bank itself.
Alaska gold property with $100 billion lode to get lifeline from Trump EPA
Submitted by cpowell on Wed, 2019-06-26 21:42 Section: Daily DispatchesBy Jennifer A. Dlouhy
Bloomberg News
Wednesday, June 26, 2019
The Trump administration is throwing a lifeline to the massive Pebble Mine planned near Alaska's Bristol Bay, as regulators move toward undoing Obama-era environmental restrictions that have thwarted the project.
T.K. Arun: Cryptocurrency might liberate the world from the U.S. dollar
Submitted by cpowell on Tue, 2019-06-25 13:21 Section: Daily DispatchesWhy India Should Not Outlaw Cryptocurrencies
By T.K. Arun
The Times of India, Mumbai
Tuesday, June 25, 2019
https://economictimes.indiatimes.com/news/economy/policy/why-india-shoul...
Leonid Bershidsky: Putin's big bet on gold is paying off
Submitted by cpowell on Tue, 2019-06-25 09:13 Section: Daily DispatchesBy Leonid Bershidsky
Bloomberg News
Tuesday, June 25, 2019
For years Russia has been the world's biggest sovereign gold bug. Even while gold prices were in the doldrums, it doggedly kept increasing its reserves. Now that gold is at the highest level since 2013, the tactic appears to be paying off.
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