Daily Dispatches

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

Section:

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

Turk notes firmness of monetary metals amid turmoil with equities

Section:

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:

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

Section:

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...

China's central bank plans crackdown on virtual currencies

Section:

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.

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

Section:

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.

Sprott doubts that world can stand rising rates

Section:

9:22a ICT Friday, March 29, 2018

Dear Friend of GATA and Gold:

Alasdair Macleod: The yuan-oil future and gold

Section:

9a ICT Friday, March 30, 2018

Dear Friend of GATA and Gold:

Sean Rushton: Monetary reform would rebalance trade

Section:

By Sean Rushton
The Wall Street Journal
Wednesday, March 28, 2018

https://www.wsj.com/articles/monetary-reform-would-rebalance-trade-15222...

Contrary to claims coming from some trade hawks, America's large and persistent trade deficit is not caused primarily by bad trade deals.

Barrick Gold founder and philanthropist Peter Munk dies at 90

Section:

By Ian Bickis
Canadian Press
via The Globe and Mail, Toronto
Wednesday, March 28, 2018

Barrick Gold Corp.'s visionary founder Peter Munk, a man of lofty global ambitions who fulfilled them like few others, died Wednesday at the age of 90.

Koos Jansen: U.S. gold reserve audits lack credibility

Section:

8:30a SST Thursday, March 29, 2018

Dear Friend of GATA and Gold:

Bullion Star's Koos Jansen today details serious problems with what the U.S. government purports to be audits of the U.S. gold reserve. His analysis is headlined "Audits of U.S. Monetary Gold Severely Lack Credibility" and it's posted at Bullion Star here:

Syndicate content