You are here
Daily Dispatches
Talking the dollar down may soon get easier for Trump
Submitted by cpowell on Tue, 2019-06-11 21:24 Section: Daily DispatchesWhy 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
Submitted by cpowell on Tue, 2019-06-11 21:10 Section: Daily Dispatches9:10p 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
Submitted by cpowell on Tue, 2019-06-11 10:25 Section: Daily Dispatches10:29a 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
Submitted by cpowell on Mon, 2019-06-10 14:23 Section: Daily Dispatches2:25p 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
Submitted by cpowell on Sun, 2019-06-09 21:46 Section: Daily DispatchesChina 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
Submitted by cpowell on Sun, 2019-06-09 12:05 Section: Daily Dispatches12:11p 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
Submitted by cpowell on Sun, 2019-06-09 10:42 Section: Daily DispatchesBy 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.
John Looby: Putting America first may end dollar dominance
Submitted by cpowell on Sat, 2019-06-08 23:14 Section: Daily DispatchesBy John Looby
The Sunday Times, London
Sunday, June 9, 2019
https://www.thetimes.co.uk/edition/ireland/putting-america-first-may-end...
Putin says role of dollar should be reconsidered in world trade
Submitted by cpowell on Sat, 2019-06-08 11:28 Section: Daily DispatchesFrom Agence France-Presse
via The Business Times, Singapore
Friday, June 7, 2019
https://www.businesstimes.com.sg/government-economy/putin-says-role-of-d...
ST. PETERSBURG, Russia -- Russian leader Vladimir Putin on Friday renewed calls to revisit the role of the U.S. dollar in global trade and accused Washington of seeking to dominate the world.
Manipulation is when you stop manipulating, treasury secretary says
Submitted by cpowell on Sat, 2019-06-08 11:09 Section: Daily DispatchesChina Is Letting Value of Yuan Slide to Offset Trade War Tariffs, US Treasury Secretary Steven Mnuchin Says
By Karen Yeung
South China Morning Post, Hong Kong
Saturday, June 8, 2019
Pages
