China lets yuan rise to strongest level in years as trend away from dollar grows
Submitted by admin on Wed, 2026-02-11 20:06 Section: Daily DispatchesBy Sylvia Ma
South China Morning Post, Hong Kong
Wednesday, February 11, 2026
China's central bank today set the yuan's daily fixing rate at its strongest level since mid-2023 as the Chinese currency extended gains with investors increasingly rotating out of U.S. dollar assets amid concerns over the Federal Reserve's independence and US debt sustainability.
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Myrmikan's Dan Oliver: This is still just the beginning of gold's resurgence
Submitted by admin on Wed, 2026-02-11 17:19 Section: Daily Dispatches5:24p ET Wednesday, February 11, 2026
Dear Friend of GATA and Gold:
In his latest commentary, Myrmikan Capital's managing member Dan Oliver outlines what he sees as the collapse of currencies under the weight of debt and credit bubbles, gold's replacement of the U.S. dollar as the world reserve currency, and the sharp rise in gold mining company profit margins.
Meet Dan Oliver, who has gold bugs thinking $12,000 is not only possible but the right price
Submitted by admin on Wed, 2026-02-11 09:13 Section: Daily DispatchesBy Barbara Kollmeyer
MarketWatch, New York
Tuesday, February 10, 2026
The dollar's demise is unavoidable, says Myrmikan Capital's founder
Gold yes, dollar no.
While Tuesday is looking flat for stocks, gold is hanging onto the $5,000 an ounce mark.
Missing Canadian mining company workers in Mexico found dead
Submitted by admin on Tue, 2026-02-10 20:46 Section: Daily DispatchesFrom the Associated Press
via ABC News, New York
Monday, February 9, 2026
MEXICO CITY -- Mexican authorities said today that five of the 10 workers missing from a mine operated by a Canadian company in the northwestern state of Sinaloa have been identified among 10 bodies found in clandestine graves last week in a nearby community.
The Attorney General's Office said in a statement that the remaining bodies were still awaiting identification.
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Adam Sharp: Germany wants its gold back (again)
Submitted by admin on Mon, 2026-02-09 18:33 Section: Daily DispatchesBy Adam Sharp
Daily Reckoning, Baltimore
Monday, February 9, 2026
Germany has the second-largest gold reserves in the world at 3,350 tons.
The U.S. is first with 8,133 tons.
China says they hold 2,300 tons, but it's widely known they've been secretly buying for decades. The country's true holdings may even surpass America's.
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500 years ago Copernicus figured out the financial universe too
Submitted by admin on Mon, 2026-02-09 17:01 Section: Daily Dispatches5p ET Monday, February 9, 2026
Dear Friend of GATA and Gold:
Nicolaus Copernicus wasn't just an astronomer who figured out that the Earth revolves around the Sun and not the other way around. He was also all sorts of other things, including an economist who, 500 years ago, figured out that inflation was largely a function of excessive money creation and published a notable essay about it.
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