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Daily Dispatches
Russia would dump dollar and euro in oil trade with Turkey and Iran
Submitted by cpowell on Mon, 2018-04-09 15:15 Section: Daily DispatchesFrom Russia Today, Moscow
Monday, April 9, 2018
Russian Energy Minister Aleksandr Novak said the country is considering an option of payments for oil in national currencies, in particular with Turkey and Iran.
Dave Kranzler: Is trader positioning in silver futures bullish?
Submitted by cpowell on Mon, 2018-04-09 15:04 Section: Daily Dispatches3p ET Monday, April 9, 2018
Dear Friend of GATA and Gold:
Venezuela's kleptocratic regime gives gold, oil industries to military
Submitted by cpowell on Mon, 2018-04-09 09:48 Section: Daily DispatchesThe Bloody Grab for Gold in Venezuela's Most Dangerous Town
By Andrew Rosati
Bloomberg News
Monday, April 9, 2018
In Venezuela's gold capital, national guardsmen block the roads. Military convoys and motorcycles circle while soldiers keep wary watch behind sandbag checkpoints or patrol with faces covered by balaclavas and rifles in hand.
China studies yuan devaluation as tool in trade dispute
Submitted by cpowell on Mon, 2018-04-09 09:37 Section: Daily DispatchesFrom Bloomberg News
Monday, April 9, 2018
China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country's leaders weigh their options in a trade spat with U.S. President Donald Trump that has roiled financial markets worldwide.
Wall Street Raw Radio's Mark Leibovit interviews GATA's Bill Murphy
Submitted by cpowell on Sun, 2018-04-08 22:57 Section: Daily Dispatches11p ET Sunday, April 8, 2018
Dear Friend of GATA and Gold:
Ed Steer: Another superb CoT report for silver
Submitted by cpowell on Sun, 2018-04-08 18:30 Section: Daily Dispatches6:30p ET Sunday, April 8, 2018
Dear Friend of GATA and Gold:
GATA board member Ed Steer's Gold & Silver Digest letter for Saturday, "Another Superb CoT Report for Silver," has been posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1523190360.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Cryptocurrency traders use old gold in drive to draw Islamic investors
Submitted by cpowell on Sun, 2018-04-08 15:38 Section: Daily DispatchesBy Andrew Torchia and Bernardo Vizcaino
Reuters
Sunday, April 8, 2018
In Dubai's decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the region's top center for gold trade, bullion is playing a new role in financial engineering.
China's forex reserves rise slightly as U.S. dollar weakness continues
Submitted by cpowell on Sun, 2018-04-08 00:50 Section: Daily DispatchesFrom Reuters
Saturday, April 7, 2018
BEIJING -- China's foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued and escalating trade tensions between the world's two largest economies bolstered expectations of a firmer Chinese currency.
Ambrose Evans-Pritchard: China's dumping Treasuries won't win the trade war
Submitted by cpowell on Sat, 2018-04-07 09:34 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
via The Sydney Morning Herald
Saturday, April 7, 2018
https://www.smh.com.au/business/investments/china-has-the-financial-arse...
China's leaders must be sorely tempted to activate the "nuclear option" and punish the capitalist running dog, the tango dancer in the White House.
Indian and Pakistani central banks clamp down on cryptocurrencies
Submitted by cpowell on Sat, 2018-04-07 04:10 Section: Daily DispatchesThey hate competitive forms of money more than they hate each other. Maybe that's progress of a sort.
* * *
By Abhirup Roy and Devidutta Tripathy
Reuters
Friday, April 6, 2018
MUMBAI, India -- India's central bank today barred banks from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto-currencies on local exchanges.
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