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Daily Dispatches
Central bank decides Russia needs still more gold after all
Submitted by cpowell on Fri, 2019-04-05 01:32 Section: Daily DispatchesFrom BNE Intellinews, Berlin
Thursday, April 4, 2019
The Central Bank of Russia is flip-flopping over the need to build up gross international reserves to $500 billion.
'Evidence of manipulation but not enough for charges' may mean government itself is the perp
Submitted by cpowell on Fri, 2019-04-05 00:44 Section: Daily Dispatches12:56p HKT Friday, April 5, 2019
Dear Friend of GATA and Gold:
Trump nominates a second gold-standard advocate for Fed
Submitted by cpowell on Fri, 2019-04-05 00:09 Section: Daily DispatchesTrump Picks Herman Cain for Fed Seat
By Nick Timiraos and Alex Leary
The Wall Street Journal
Thursday, April 4, 2019
President Trump said Thursday he intends to nominate former GOP presidential candidate Herman Cain to the Federal Reserve's board of governors, signaling his desire to remake the nation's central bank after complaining about it for months.
Italy's populists covet central bank and its gold
Submitted by cpowell on Thu, 2019-04-04 02:38 Section: Daily DispatchesBy Giovanni Legorano
The Wall Street Journal
Wednesday, April 3, 2019
https://www.wsj.com/articles/italys-populists-covet-central-bank-and-its...
ROME -- Italy’s ruling populists pushed ahead this week with efforts to seize control of the central bank and its gold reserves, stepping up their confrontation with a symbol of the country’s establishment.
Sprott portfolio manager is suspicious of last week's flash crash in monetary metals
Submitted by cpowell on Wed, 2019-04-03 12:43 Section: Daily Dispatches12:35a Thursday, April 4, 2019
Dear Friend of GATA and Gold:
In commentary posted at King World News, Sprott USA Senior Portfolio Manager Trey Reik can't help wondering if last week's flash crash in the monetary metals was not the product of ordinary market action but that of one or more big players trying to rig prices down for first-quarter valuation purposes.
Central banks fail to maintain currency values and prevent recessions, von Greyerz writes at KWN
Submitted by cpowell on Mon, 2019-04-01 02:54 Section: Daily Dispatches2:50p HKT Monday, April 1, 2019
Dear Friend of GATA and Gold:
Russia now can cover its debt dollar for dollar in cash
Submitted by cpowell on Mon, 2019-04-01 00:27 Section: Daily DispatchesBy Ben Aris
BNE Intellinews, Berlin
Sunday, March 31, 2019
Russia's gross international reserves, including gold, continue to creep upwards and reached $487.1 billion as of March 22 -- enough to cover Russia's external debt dollar for dollar in cash.
In Money Metals Exchange interview, GATA secretary updates gold price suppression
Submitted by cpowell on Mon, 2019-04-01 00:20 Section: Daily Dispatches12:18p HKT Monday, April 1, 2019
Dear Friend of GATA and Gold:
Money Metals Exchange's Mike Gleason has interviewed your secretary/treasurer about recent developments with gold price suppression. Among the topics:
-- The refusal of mainstream financial news organizations to put any critical questions to central banks.
Trump calls on Fed to reverse interest rate hikes
Submitted by cpowell on Sat, 2019-03-30 04:51 Section: Daily DispatchesFrom Reuters
Friday, March 29, 2019
U.S. President Donald Trump said on Friday that the Federal Reserve made a mistake by raising interest rates and blamed the central bank for hurting the U.S. economy and stock market.
BIS smashed metals this week to avoid bad Q1 mark-to-market for gold derivatives, Maguire tells KWN
Submitted by cpowell on Sat, 2019-03-30 04:16 Section: Daily Dispatches4:15p HKT Saturday, March 30, 2019
Dear Friend of GATA and Gold:
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