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Daily Dispatches
Gold and silver have broken out of downtrends, Turk tells KWN
Submitted by cpowell on Mon, 2019-06-03 14:06 Section: Daily Dispatches2:07p ET Monday, June 3, 2019
Dear Friend of GATA and Gold:
GoldMoney founder James Turk tells King World News today that physical demand for gold in London is strong, both gold and silver have broken sharply out of their downtrends, and silver has a lot of catching up to do. His comments are posted at KWN here:
How to invest in gold and pay no capital gains tax in the UK
Submitted by cpowell on Sun, 2019-06-02 21:14 Section: Daily DispatchesBy Adam Williams
The Telegraph, London
Sunday, June 2, 2019
In turbulent times, investors traditionally turn to gold. Its appeal is a lack of correlation between its price and those of other assets. But gold is often held for decades, often leading to a hefty tax bill when the owner comes to sell.
Does China have enough U.S. dollars to survive the trade war?
Submitted by cpowell on Sat, 2019-06-01 22:58 Section: Daily DispatchesBy Karen Yeung
South China Morning Post, Hong Kong
Friday, May 30, 2019
The Chinese government is officially sitting on the world's largest stockpile of foreign exchange reserves, but it has been scrambling recently to block backchannels for capital outflows as trade tensions with the United States increase.
Dawson City tourism group plans to scatter gold to trigger second gold rush
Submitted by cpowell on Sat, 2019-06-01 22:48 Section: Daily DispatchesBy Sidney Cohen
Canada Broadcasting Corp., Toronto
Saturday, June 1, 2019
A Dawson City tourism group wants to reboot the most storied period in Yukon's history.
The Klondike Visitors Association is pitching Gold Rush 2: a tourism campaign that would offer a gold-rush-esque experience to visitors of the town famous for wealth and debauchery at the turn of the century.
Will the U.S. now try to overthrow Malaysia's prime minister too?
Submitted by cpowell on Fri, 2019-05-31 19:30 Section: Daily Dispatches'Gold Is More Stable': Malaysia Needles U.S. with Proposal for Pan-Asian Bullion-Backed Currency
From Russia Today, Moscow
Friday, May 31, 2019
Ted Butler: The CFTC's summer camp letter
Submitted by cpowell on Fri, 2019-05-31 11:33 Section: Daily Dispatches11:30a Friday, May 31, 2019
Dear Friend of GATA and Gold:
Fed candidate Shelton slams central bank's 'Soviet' power over markets
Submitted by cpowell on Fri, 2019-05-31 10:14 Section: Daily DispatchesBy James Politi
Financial Times, London
Friday, May 31, 2019
https://www.ft.com/content/46c4b186-8308-11e9-b592-5fe435b57a3b
Malaysian PM elaborates on currency market rigging, resents dictation by U.S.
Submitted by cpowell on Thu, 2019-05-30 19:26 Section: Daily DispatchesDr. M. Moots Currency Backed by Gold
From the Malaysian National News Agency
via Free Malaysia Today, Petaling Jaya, Malaysia
Thursday, May 30, 2019
https://www.freemalaysiatoday.com/category/nation/2019/05/30/dr-m-moots-...
Malaysia's prime minister raps currency rigging, urges using gold to settle East Asian trade
Submitted by cpowell on Thu, 2019-05-30 18:55 Section: Daily DispatchesMalaysia's Mahathir Proposes Common East Asia Currency Pegged to Gold
By Rozanna Latiff and A. Ananthalakshmi
Reuters
Thursday, May 30, 2019
KUALA LUMPUR, Malaysia -- Malaysian Prime Minister Mahathir Mohamad today mooted the idea of a common trading currency for East Asia that would be pegged to gold, describing the existing currency trading in the region as manipulative.
Philippines joins gold rush by central banks
Submitted by cpowell on Thu, 2019-05-30 12:51 Section: Daily DispatchesBy Siegfrid Alegado and Ranjeetha Pakiam
Bloomberg News
Wednesday, May 29, 2019
The Philippines is joining a slew of central banks that are increasing gold holdings in foreign reserves.
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