Daily Dispatches

Alasdair Macleod: Anatomy of a fiat currency collapse

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By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, April 23, 2020

This article asserts that infinite money-printing is set to destroy fiat currencies far quicker than might be generally thought. This final act of monetary destruction follows a 98% loss of purchasing power for dollars since the London gold pool failed.

Ted Butler: Only market rigging makes silver cheaper than ever relative to gold

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8:18p ET Thursday, April 23, 2020

Dear Friend of GATA and Gold:

Silver, market analyst Ted Butler writes this week, is now cheaper relative to gold than at any time in the five-millennia history of the monetary metals, even as there is less of silver above ground than gold and silver has more and ever-increasing industrial uses.

Lars Schall interviews Jan Nieuwenhuijs: The world is going back to gold

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By Lars Schall
Thursday, April 23, 2020

Sprott's John Hathaway: Secular gold bull market resumes with force

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By John Hathaway
Sprott.com, Toronto
Monday, April 20, 2020

GATA supporters have a special connection with The Calandra Report

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Subscribe 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

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By 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?

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5:20p 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

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Can'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

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12:21p 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

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By 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.

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