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Daily Dispatches
European central bankers claim oversight over Facebook's cryptocurrency
Submitted by cpowell on Fri, 2019-06-21 10:25 Section: Daily DispatchesBy Francesco Canepa
Reuters
Friday, June 21, 2019
FRANKFURT, Germany -- Three European central bankers are claiming oversight over Facebook’s planned virtual currency to ensure it will not jeopardize the financial system or be used to launder money.
King Report: Despite central banking's price-suppression schemes, gold revolts
Submitted by cpowell on Fri, 2019-06-21 01:14 Section: Daily DispatchesFrom The King Report
Burr Ridge, Illinois
Friday, June 21, 2019
https://mramseyking.com/king-report
Central banks can get away with promiscuous monetary schemes until gold and then bonds revolt.
At KWN, this is what a short squeeze in gold looks like
Submitted by cpowell on Fri, 2019-06-21 00:18 Section: Daily Dispatches12:15a ET Friday, June 21, 2019
Dear Friend of GATA and Gold:
At King World News tonight, Citibank analyst Tom Fitzpatrick and GoldMoney founder James Turk comment on gold's breakout. Turk says the markets see money printing following this week's statements by the European Central Bank and the Federal Reserve.
GATA's Harvey Organ describes metals trickery at the Comex
Submitted by cpowell on Thu, 2019-06-20 15:17 Section: Daily Dispatches3:20p ET Thursday, June 20, 2019
Dear Friend of GATA and Gold:
GATA consultant Harvey Organ, interviewed this week by Chris Marcus of Arcadia Economics, describes the sleight of hand being used at the New York Commodities Exchange to mask the shortage of physical gold and silver. The interview is 35 minutes long and can be heard at YouTube here:
China National Gold Group studies bid for Iamgold
Submitted by cpowell on Thu, 2019-06-20 15:10 Section: Daily DispatchesBy Dinesh Nair and Scott Deveau
Bloomberg News
Thursday, June 20, 2019
China National Gold Group Corp., the nation's second-biggest miner of the metal, is studying a bid for a stake in Canada's Iamgold Corp., people familiar with the matter said. Iamgold shares jumped the most in more than four years.
Ronan Manly: What were the central bank gold agreements really about?
Submitted by cpowell on Thu, 2019-06-20 14:31 Section: Daily Dispatches3:05p ET Thursday, June 20, 2019
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: Currency war is next phase of global conflict and Europe, the chief parasite, is defenseless
Submitted by cpowell on Wed, 2019-06-19 21:51 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, June 19, 2019
https://www.telegraph.co.uk/business/2019/06/19/currency-war-next-phase-...
Europe has been warned. Any use of monetary levers to hold down the euro exchange rate will be deemed a provocation by the Trump administration.
Trump moves from trade war toward currency war
Submitted by cpowell on Wed, 2019-06-19 09:03 Section: Daily DispatchesBy Shawn Donnan, Rich Miller, and Katherine Greifeld
Bloomberg News
Wednesday, June 19, 2019
President Donald Trump has already given the global economy trade wars. Now there are signs he may be gearing up for a currency war too.
China stockpiles gold while letting U.S. bond holdings slide
Submitted by cpowell on Tue, 2019-06-18 23:28 Section: Daily DispatchesBy Yusho Cho
Nikkei Asian Review, Toyko
Wednesday, June 19, 2019
SHANGHAI -- China reduced its holdings of U.S. government debt again in April even as Beijing's gold reserves continued to grow, diversifying away from the dollar as ties with Washington fray.
Obviousness of gold smashes signifies desperation, GATA chairman says
Submitted by cpowell on Tue, 2019-06-18 22:59 Section: Daily Dispatches11p ET Tuesday, June 18, 2019
Dear Friend of GATA and Gold: