GATA

From Indonesia to Japan, dollar's rising strength raises alarm

Section: Daily Dispatches

By Juntaro Arai
Nikkei, Tokyo
Sunday, April 14, 2024

TOKYO -- Countries across the globe are becoming increasingly wary of the growing might of the U.S. dollar. Emerging economies such as Indonesia have begun to move to defend their currencies against the possibility of renewed inflation and downward pressure on growth through higher import prices.

U.S. and U.K. crack down on Russian metals trade

Section: Daily Dispatches

By James Politi and Claire Jones
Financial Times, London
Friday, April 12, 2024

The U.S. and the U.K. have launched a crackdown on trades in Russian metals, in a move designed to limit Moscow's export revenue and restrict its ability to fund the war in Ukraine.

The action, announced by the two countries today, marks an aggressive effort by the allies to damage Russia's income -- but could disrupt trading at exchanges including the London Metal Exchange and Chicago Mercantile Exchange.

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As gold hits fresh high, Wall Street wonders about a mystery buyer

Section: Daily Dispatches

By Bob Henderson
The Wall Street Journal
Friday, April 12, 2024

https://www.wsj.com/livecoverage/stock-market-today-bank-earnings-04-12-2024/card/gold-hits-fresh-high-and-wall-street-seeks-a-mystery-buyer--3JcSCJAmG6sxOlS7VUaC

Gold futures closed at their latest record-high Friday. Analysts are struggling to understand why.

Demand for real metal is overcoming price rigging, Maguire and Kranzler agree

Section: Daily Dispatches

8:50a Saturday, April 13, 2024

Dear Friend of GATA and Gold (and Silver):

On this week's edition of Kinesis Money's "Live from the Vault" program, London monetary metals trader Andrew Maguire and financial letter writer Dave Kranzler concur that Asian demand for physical gold and silver is steadily overcoming the price suppression still being attempted in the gold and silver futures and derivatives market.

The program is 58 minutes long and can be viewed at YouTube here:

Subscribe to The Calandra Report, make money, and help GATA

Section: Daily Dispatches

8:44a Saturday, April 13, 2024

Dear Friend of GATA and Gold (and Silver and other metals):

Mining company shares are taking off as governments are issuing infinite money and incurring infinite debt, and Thom Calandra of The Calandra Report (at Thomcalandra.com) is connecting with newly subscribed GATA supporters and sharing with them his insights about producing gold and silver mines and gold and silver explorers in the Yukon, Quebec, Nevada, Mexico, Ghana, and elsewhere. 

After illegal veto, Kentucky becomes 45th state to end sales taxes on gold and silver

Section: Daily Dispatches

From Money Metals News Service, Eagle, Idaho
Friday, April 12, 2024

In a high-stakes showdown with Gov. Andy Beshear over a gold and silver sales tax exemption, the Kentucky legislature today deemed his attempted line-item veto as an illegal act -- and directed the Secretary of State to enroll the exemption into law.

This action makes the Bluegrass State the 45th state in the nation to enact this sound money policy -- and the second this year.

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Asante