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Daily Dispatches

With tariffs Trump is destroying dollar and U.S. power, Hugo Salinas Price says

Section: Daily Dispatches

11:45a ET Wednesday, June 12, 2019

Dear Friend of GATA and Gold:

Talking the dollar down may soon get easier for Trump

Section: Daily Dispatches

Why Trump's Tweets about the Dollar Might Soon Pack a Lot More Punch

By William Watts
MarketWatch, New York
Tuesday, June 11, 2019

President Donald Trump is again calling for a weaker dollar.

Craig Hemke at Sprott Money: Chart update for gold and silver

Section: Daily Dispatches

9:10p Tuesday, June 11, 2019

Dear Friend of GATA and Gold:

Gold futures are holding their 200-day moving average, Craig Hemke of the TF Metals Report writes today at Sprott Money, and he construes this as confirmation of an upward trend.

Obviousness of gold market rigging helps central banks but there's a limit

Section: Daily Dispatches

10:29a ET Tuesday, June 11, 2019

Dear Friend of GATA and Gold:

Responding to your secretary/treasurer's observation Sunday that central bank and government interventions against gold have been becoming more obvious --

http://www.gata.org/node/19134

-- our friend C.W. writes that the more obvious interventions against gold become, the more effective they are.

USAGold's 'News & Views' letter for June

Section: Daily Dispatches

2:25p ET Monday, June 10, 2019

Dear Friend of GATA and Gold:

USAGold's June "News & Views" newsletter has commentary about gold's upward breakout, billionaires who see virtue in the monetary metal as an investment, a new book by Jim Rickards, the Malaysian prime minister's musings about a gold-backed east Asian currency, and more. The June issue is posted at USAGold here:

China announces gold reserve increase for sixth straight month

Section: Daily Dispatches

China Gold Reserves Climb for Sixth Month in May

By Alice Woodhouse
Financial Times, London
Monday, June 10, 2019

https://www.ft.com/content/ca50aa10-8b18-11e9-a1c1-51bf8f989972?desktop=...

China increased its gold purchases for the sixth month running in May, taking its total reserves to 1,916 tonnes, while the country's foreign exchange holdings defied expectations for a fall.

If GATA is doing the right thing, please consider helping us

Section: Daily Dispatches

12:11p ET Sunday, June 9, 2019

Dear Friend of GATA and Gold:

For years GATA's officers have marveled among themselves that central banking's gold price suppression policy couldn't get more obvious, and each time we have been proven wrong. But in a way that may be an indicator of a certain amount of success for the organization.

The African nation built on gold loses its production crown to a rival

Section: Daily Dispatches

By Felix Njini
Bloomberg News
Sunday, June 9, 2019

The country that led global gold production for a century and extracted about half the bullion ever mined is now Africa's second-largest gold producer. Output is shrinking as operators capitulate to stubbornly high costs, regular strikes and the geological challenges of tapping the world's deepest mines.

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