Daily Dispatches

BRICS Countries May Present Instruments for Trade Settlements at Summit in Kazan

From Tass, Moscow
Friday, September 6, 2024
https://tass.com/economy/1839865

MOSCOW -- The BRICS countries are developing a wide range of instruments for creating an inclusive international financial system, and some of them may be announced this autumn at the summit in Kazan, Andrey Mikhailishin, the head of the task force on financial services of the BRICS Business Council, told TASS.

9:17p ET Saturday, September 7, 2024

Dear Friend of GATA and Gold:

U.S. Secretary of State Antony Blinken probably discussed China's involvement in the de-dollarization movement during his recent visit to that country, London metals trader Andrew Maguire tells this week's edition of Kinesis Money's "Live from the Vault" program.

China, Maguire says, may have as much as 40,000 tonnes of gold is its "shadow" banking system, ready for use in the gold-linked international trade currency being prepared by the BRICS nations and Russia.

12:23a Saturday, September 7, 2024

Dear Friend of GATA and Gold:

Your secretary/treasurer was interviewed this week by Mike Maharrey of Money Metals, explaining the longstanding hostility of central banks to gold and their aggression against the monetary metal, a powerful competitor to their own currencies. GATA's work is also discussed, along with gold's hastening progress toward restoration as the world reserve currency.

The interview is 35 minutes long, follows the Money Metals weekly market review, and can be heard or read in transcript form here:

1:57p ET Thursday, September 5, 2024

Dear Friend of GATA and Gold:

GoldMoney research director Alasdair Macleod today published in his proprietary letter on Substack a crucial and compelling analysis of the prospects for gold confiscation by governments and particularly the U.S. government.