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Daily Dispatches
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:
How 7.4 tonnes of Venezuela's gold landed in Africa -- and then vanished
Submitted by cpowell on Tue, 2019-06-18 22:39 Section: Daily DispatchesBy Gabriele Steinhauser and Nicholas Bariyo
The Wall Street Journal
Tuesday, June 18, 2019
ENTEBBE, Uganda -- The government of Venezuelan President Nicolás Maduro is selling off his country's gold reserves. Some of it has passed through a secretive operation in East Africa, a gambit that evades U.S. sanctions.
Bill Murphy: Isn't it strange? Monetary metals trading goes from violent to comatose
Submitted by cpowell on Mon, 2019-06-17 22:48 Section: Daily DispatchesFrom "Midas" commentary
By Bill Murphy
www.LeMetropoleCafe.com
Monday, June 17, 2019
What will go on in the gold/silver markets will depend on what the Gold Cartel has in mind and what they can get away with. Their designs are well advertised for the public to see -- those who want to anyway.
Swiss refiner Metalor to stop processing artisanal gold
Submitted by cpowell on Mon, 2019-06-17 22:43 Section: Daily DispatchesBy Peter Hobson
Reuters
Monday, June 17, 2019
LONDON -- Switzerland's Metalor, one of the world's biggest gold refineries, said today it would work only with gold from large industrial mines in order to reduce the risk of illegality in its supply chain.
China cuts U.S. Treasury holdings to 2-year low amid trade war
Submitted by cpowell on Mon, 2019-06-17 20:55 Section: Daily DispatchesBy Sarah McGregor and Katherine Greifeld
Bloomberg News
Monday, June 17, 2019
China cut its U.S. Treasury holdings to the lowest in almost two years as the months-long trade conflict dragged on between the worlds two largest economies.