You are here

Daily Dispatches

Relentless investment inflows to China spur prediction for strongest yuan since 1993

Section: Daily Dispatches

From Bloomberg News
Saturday, December 12, 2020

The unrelenting pace of inflows heading for China's bonds and stocks has one yuan bull predicting the currency could strengthen to a level not seen in nearly three decades.

As Good as Gold Australia interviews GATA Chairman Murphy

Section: Daily Dispatches

8p ET Saturday, December 12, 2020

Dear Friend of GATA and Gold:

Brian and Darryl Panes of As Good as Gold Australia this week interviewed GATA Chairman Bill Murphy about the history of gold price suppression policy and the prospects for the monetary metals in "a very frustrating time." The interview is 48 minutes long and can be viewed at YouTube here:

Treasure washes up on Venezuela's shore, bringing gold and hope to a village

Section: Daily Dispatches

Another day in another rich country insisting on being poor.

* * *

By Anatoly Kurmanaev and Isayen Herrera
The New York Times
Saturday, December 12, 2020

GUACA, Venezuela -- The most extraordinary moment in the young fisherman's life began in the most mundane way: with a morning visit to the latrine.

Gold hubs including UAE pledge support for crackdown on illegal trade

Section: Daily Dispatches

By Peter Hobson and Maha El Dahan
Reuters
Friday, December 11, 2020

Eleven gold-trading hubs including the United Arab Emirates have declared their support for an initiative by the world's most influential bullion market authority to improve regulation on issues such as money laundering and unethical sourcing of gold.

Major governments vow to maintain their 'currency monopoly'

Section: Daily Dispatches

G7 Finance Officials Back Need to Regulate Digital Currencies

By Andrea Shalal and Christian Kraemer
Reuters
Monday, December 7, 2020

Finance ministers and central bankers from the Group of Seven advanced economies strongly supported the need to regulate digital currencies, the U.S. Treasury Department said in a statement today after a virtual meeting of the officials.

Pam and Russ Martens: The 'market' is now the NYFed's trading desk

Section: Daily Dispatches

Mission Creep or Creepy Mission: The New York Fed's Trading Desk Has Ballooned to $6.59 Trillion Today from $576 Billion in 2008

By Pam and Russ Martens
Wall Street on Parade
Friday, December 11, 2020

Daniel J. Smith: Judy Shelton's rejection doesn't mean gold standard failed

Section: Daily Dispatches

By Daniel J. Smith, Director
Political Economy Research Institute
Middle Tennessee State University, Murfreesboro
via Nashville Business Journal
Thursday, December 10, 2020

Negative-yield debt pile at $18 trillion for first time

Section: Daily Dispatches

Remember when they sneered that gold doesn't pay interest?

* * *

By Cormac Mullen
Bloomberg News
Thursday, December 10, 2020

The world’s stockpile of negative-yielding debt has swelled to a fresh record in a sign that demand for havens is just as intense as that for riskier assets.

BIS masterminds gold, silver smashes, London trader Maguire says

Section: Daily Dispatches

9:24p ET Thursday, December 10, 2020

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire, interviewed yesterday by Chris Marcus of Arcadia Economics, says the Bank for International Settlements has been masterminding the recent smashes of monetary metals prices and that buyers of gold futures contracts are being offered hefty bonuses not to take delivery.

Alasdair Macleod: Prospects for the U.K. and the pound

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, December 10, 2020

Pages