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Daily Dispatches
Gold markets again haunted by signs of dislocation
Submitted by cpowell on Tue, 2020-04-07 12:22 Section: Daily DispatchesComex was just rescued with gold from JPMorgan.
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By Justina Vasquez and Elena Mazneva
Bloomberg News
Tuesday, April 7, 2020
Gold prices that usually move in lockstep are diverging again, reviving fears of impending turmoil just a couple of weeks after the last bout of panic.
Jan Nieuwenhuijs: Central banks need a higher gold price
Submitted by cpowell on Tue, 2020-04-07 11:12 Section: Daily Dispatches11:15a ET Tuesday, April 7, 2020
Dear Friend of GATA and Gold:
Many central banks lately have been buying gold and have begun to want a higher gold price, Voima Gold researcher Jan Nieuwenhuijs writes today, to generate inflation, devalue the excessive debt hampering the world's economy, and strengthen their own balance sheets.
Russian banks ask central bank to resume gold buying as virus hobbles exports
Submitted by cpowell on Tue, 2020-04-07 10:36 Section: Daily DispatchesBy Elena Fabrichnaya and Polina Devitt
Reuters
Tuesday, April 7, 2020
MOSCOW -- Russian banks have asked the central bank to resume buying gold for its reserves with exports of the precious metal hobbled by the coronavirus outbreak, their lobby group said.
IMF mulls Fed-like program to get dollars to more economies
Submitted by cpowell on Tue, 2020-04-07 10:23 Section: Daily DispatchesBy Saleha Mohsin and Eric Martin
Bloomberg News
Monday, April 6, 2020
The International Monetary Fund may launch a new program to help address the global shortage of dollars, providing a backup to the Federal Reserve's campaign to keep greenbacks flowing around the world economy.
German financial magazine report on gold price manipulation cites GATA
Submitted by cpowell on Mon, 2020-04-06 14:45 Section: Daily Dispatches2:48p ET Monday, April 6, 2020
Dear Friend of GATA and Gold:
GATA, our board member Ed Steer, and our consultant Robert Lambourne are cited in a report about gold market manipulation by Rainer Kromarek in this month's edition of Germany's Smart Money magazine. The report has been posted at the WallStreet-Online internet site in Germany here --
Argentina suspends payment on dollar-denominated bonds for a year
Submitted by cpowell on Mon, 2020-04-06 14:36 Section: Daily DispatchesFrom the Associated Press
via the Washington Times
Monday, April 6, 2020
https://www.washingtontimes.com/news/2020/apr/6/argentina-delays-payment...
BUENOS AIRES, Argentina -- Argentina announced today it is postponing payment on dollar-denominated bonds until next year in order to prioritize spending the coronavirus pandemic crisis.
Plenty of money for debasement now, Turk tells KWN
Submitted by cpowell on Mon, 2020-04-06 12:06 Section: Daily Dispatches12:10p ET Monday, April 6, 2020
Dear Friend of GATA and Gold:
Price charts, GoldMoney founder and GATA consultant James Turk tells King World News today, indicate a quick and substantial rise in gold.
Miners are back, so follow them with The Calandra Report and help GATA
Submitted by cpowell on Mon, 2020-04-06 11:49 Section: Daily Dispatches11:51a Monday, April 6, 2020
Dear Friend of GATA and Gold:
Now that the monetary metals industry is suddenly back in business after a couple of weeks in which the metals were smashed in the futures markets to prepare the way for distribution of infinite money, financial letter writer Thom Calandra is renewing his generous offer to GATA supporters.
Gold manipulation is acknowledged at Kitco News only to be rationalized
Submitted by cpowell on Mon, 2020-04-06 11:17 Section: Daily Dispatches11:22a ET Monday, April 6, 2020
Dear Friend of GATA and Gold:
Amid the strange and growing disparity between prices for real gold and silver, on one hand, and the prices of futures contracts on the other, the topic of market manipulation makes an equally strange appearance today on Kitco News.
U.S. once operated a mint in Asia
Submitted by cpowell on Sun, 2020-04-05 13:34 Section: Daily Dispatches1:40p ET Sunday, April 5, 2020
Dear Friend of GATA and Gold:
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