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Daily Dispatches

Peter Grandich: The easy part of investing in gold is now behind us

Section: Daily Dispatches

1:20p ET Wednesday, August 28, 2019

Dear Friend of GATA and Gold:

Our friend market analyst Peter Grandich writes this week that "the easy part" of investing in the gold sector "is now over" and volatility will increase and shake people out even as the monetary metal retains "hundreds of dollars more of upside potential."

New York Sun: The right road to ending the trade war

Section: Daily Dispatches

From The New York Sun
Wednesday, August 28, 2019

Fake-branded but real gold bars slip 'dirty' metal into world markets

Section: Daily Dispatches

By Peter Hobson
Reuters
Wednesday, August 28, 2019

LONDON -- A forgery crisis is quietly roiling the world's gold industry.

Craig Hemke at Sprott Money: From here, where?

Section: Daily Dispatches

4:38p ET Tuesday, August 27, 2019

Dear Friend of GATA and Gold:

The TF Metals Report's Craig Hemke, writing at Sprott Money, today outlines the central bank actions that are likely to keep elevating gold and silver prices. He adds that prices will get more boosting as investors note what's happening and pile into a sector that has virtually no public participation.

Gold hits record highs in euro, Australian dollar

Section: Daily Dispatches

12:24p ET Tuesday, August 27, 2019

Dear Friend of GATA and Gold:

GoldCore's Mark O'Byrne reports today that gold has hit record highs in the euro and Australian dollar and a six-year high in the U.S. dollar.

https://news.goldcore.com/gold-steadies-after-surging-to-all-time-record...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Chinese government newspaper suggests return to gold standard

Section: Daily Dispatches

10:05a ET Tuesday, August 27, 2019

Dear Friend of GATA and Gold:

The English-language edition of the Chinese government's newspaper Global Times published on Sunday a pretty dispassionate commentary attributed to the Beijing-based public policy research consultancy Anbound (http://www.anbound.com/AboutUS.php) advocating the world's return to a gold standard for currencies.

Stephen Bartholomeusz: U.S. dollar dominance increases risks of an extreme event

Section: Daily Dispatches

By Stephen Bartholomeusz
Sydney Morning Herald, Australia
Tuesday, August 27, 2019

Gold is soaring because it's a 'very good hedge against currency manipulation'

Section: Daily Dispatches

By Jonathan Garber
Fox Business, New York
Monday, August 26, 2019

Gold has soared in recent weeks, and it showing no signs of letting up any time soon.

The precious metal was trading near $1,420 an ounce on Aug. 1 but had surged by more than 8% to nearly $1,540 by Monday as the U.S. and China swapped blows in a trade war that seems to heat up, cool down, and heat up again each day.

Central banks just love gold now and it's going to stay that way, ANZ says

Section: Daily Dispatches

From Bloomberg News
Monday, August 26, 2019

A major gold-buying spree by central banks is likely to persist in the coming years, according to Australia & New Zealand Banking Group Ltd., which flagged the potential for further purchases by nations including China.

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