Mozambique weighs swapping dollar debt for yuan debt
Submitted by admin on Tue, 2026-05-05 21:08 Section: Daily DispatchesBy Tavares Cebola
Bloomberg News
Tuesday, May 5, 2026
Mozambique is considering converting the $1.4 billion it owes China into renminbi loans as part of a debt restructuring with its biggest bilateral creditor, in line with similar moves by other African sovereign borrowers.
"This is usually a possibility that the cooperation partner raises," the finance ministry said in response to questions at the weekend. "In this specific case, it was a valid possibility that was put on the table."
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Ed Steer: How the London fix has suppressed gold prices since 1975
Submitted by admin on Tue, 2026-05-05 21:01 Section: Daily DispatchesFrom Sprott Money, Toronto
Tuesday, May 5, 2026
Originally published by [GATA board member] Ed Steer on November 4, 2024, this article examines longstanding distortions in gold pricing and the structural imbalance between paper and physical markets.
King Report: Trump's obsession with stock market prompts suspicion of intervention
Submitted by admin on Tue, 2026-05-05 11:28 Section: Daily DispatchesFrom The King Report, Burr Ridge, Illinois
Tuesday, May 5, 2026
https://thekingreport.com/
... On Friday, when confronted by a reporter about soaring energy prices, Trump said people are making a lot of money in their 401Ks and other stock market holdings. Obviously Trump is extremely, one might say overly, sensitive to the stock market.
Astute traders recognize this and wonder to what degree he and Bessant are rigging or intervening in the markets. 'Tis why dips are short-lived! ...
Doug Casey to lead speakers at this year's New Orleans Investment Conference
Submitted by admin on Mon, 2026-05-04 19:55 Section: Daily DispatchesJoin GATA there Wednesday-Saturday, October 28-31
* * *
By Brien Lundin
Gold Newsletter / Golden Opportunities
CEO, New Orleans Investment Conference
Metairie, Louisiana
Monday, May 4, 2026
I've got great news to share with you today.
My friend Doug Casey just emailed me that he's coming to this year's New Orleans Investment Conference.
Gold buyers in China on alert over hard-to-detect fakes
Submitted by admin on Fri, 2026-05-01 16:16 Section: Daily DispatchesBy Aw Cheng Wei and Joyce Z.K. Lim
The Straits Times, Singapore
Friday, May 1, 2026
CHONGQING / SHENZHEN, China -- Office executive Xu Tanji was contemplating buying a gold pendant for her mother's birthday at a neighbourhood jewellery store near her house in Chongqing when she saw news reports about counterfeit gold.
State broadcaster China Central Television (CCTV) reported on April 26 that fraudsters had been mixing rhenium -- a silvery rare metal that costs a fraction of the price of gold -- with the precious metal to make fakes that are hard to detect.
India now wants its gold under its own lock and key
Submitted by admin on Fri, 2026-05-01 16:10 Section: Daily DispatchesFrom The Times of India, Mumbai
Friday, May 1, 2026
Gold is quietly slipping back into national vaults across the world. What once sat comfortably in London and New York is now being packed up, shipped, and locked away closer to home.
Behind this movement is not a gold rush, but a question of trust. Who really holds your wealth when global economy -- or politics -- gets rough?
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