Daily Dispatches

China acknowledges that petro-yuan challenges U.S. dollar

Submitted by cpowell on Mon, 2018-04-02 22:17 Section: Daily Dispatches

'Petroyuan' to Propel Currency Internationalization

By Li Hong
Global Times, Beijing
Thursday, March 29, 2018

http://www.globaltimes.cn/content/1095841.shtml

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Ambrose Evans-Pritchard: Global money supply flashes surprise slowdown warning

Submitted by cpowell on Mon, 2018-04-02 21:59 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegrah, London
Tuesday, April 2, 2018

Key monetary indicators in the United States, Europe, Japan, and China are flashing signals of an economic slowdown later this year, raising fears of a global recession in 2019 and a stock market slump without a shift in policy.

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Strange developments in gold and silver could end in explosions, GATA chairman says

Submitted by cpowell on Mon, 2018-04-02 21:52 Section: Daily Dispatches

9:52a HKT Tuesday, April 2, 2018

Dear Friend of GATA and Gold:

Interviewed by Philip Kennedy of Kennedy Financial, GATA Chairman Bill Murphy discusses the strange developments in the gold and silver markets and the possibility that they will end in explosions. The interview is 22 minutes long and can be heard at YouTube here:

https://www.youtube.com/watch?v=HQBQYbNjW-o&feature=youtu.be

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Turk notes firmness of monetary metals amid turmoil with equities

Submitted by cpowell on Mon, 2018-04-02 21:27 Section: Daily Dispatches

9:27a HKT Tuesday, April 2, 2018

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk, interviewed by King World News, notes the firmness of the monetary metals in the face of turmoil in the equity markets and the usual efforts by central banks to cap their prices. Turk is especially enthusiastic about silver. His comments are excerpted at KWN here:

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Yuan's rise fuels speculation on another Plaza Accord devaluation of dollar

Submitted by cpowell on Mon, 2018-04-02 10:34 Section: Daily Dispatches

Regulator Warns Chinese Not to 'Gamble' on Yuan Exchange Rate

By Wendy Wu
South China Morning Post, Hong Kong
Sunday, April 1, 2018

http://www.scmp.com/news/china/economy/article/2139831/regulator-warns-c...

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China's central bank plans crackdown on virtual currencies

Submitted by cpowell on Mon, 2018-04-02 04:52 Section: Daily Dispatches

From Reuters
Thursday, March 29, 2018

https://www.reuters.com/article/us-china-finance-digital-currency/china-...

BEIJING -- China's central bank will launch a crackdown on all types of virtual currencies this year, a vice governor of the central bank said Thursday.

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U.S. dollar share of currency reserves hits 4-year low, IMF says

Submitted by cpowell on Sat, 2018-03-31 01:06 Section: Daily Dispatches

From Reuters
via Malay Mail, Kuala Lumpur
Saturday, March 31, 2018

NEW YORK -- The U.S. dollar's share of currency reserves reported to the International Monetary Fund declined in the final quarter of 2017 to a four-year low, as other currencies' shares of reserves grew, data released yesterday showed.