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Daily Dispatches
Is US-China trade war eroding U.S. dollar dominance?
Submitted by cpowell on Mon, 2019-05-13 09:21 Section: Daily DispatchesBy Karen Yeung
South China Morning Post, Hong Kong
Monday, May 13, 2019
The contemplation by Asian finance leaders to add the Chinese and Japanese currencies to a regional foreign reserves buffer fund is the latest sign that the trade war is causing countries to slowly move away from dependence on the U.S. dollar.
Ed Steer: Short sellers run rampant in the precious metals stocks
Submitted by cpowell on Mon, 2019-05-13 00:48 Section: Daily Dispatches12:47a ET Monday, May 13, 2019
Dear Friend of GATA and Gold:
GATA board member Ed Steer's Gold & Silver Digest letter, headlined "Short Sellers Run Rampant in the Precious Metals Stocks," has been posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1557694755.php#disqus_thread
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Egon von Greyerz: Prepare now for the elites' nightmare endgame
Submitted by cpowell on Sun, 2019-05-12 20:50 Section: Daily Dispatches8:49p ET Sunday, May 12, 2019
Dear Friend of GATA and Gold:
White House considers Judy Shelton for Federal Reserve Board
Submitted by cpowell on Sat, 2019-05-11 11:14 Section: Daily DispatchesBy Saleha Mohsin, Jennifer Jacobs, and Margaret Talev
Bloomberg News
Satuday, May 11, 2019
The White House is considering conservative economist Judy Shelton to fill one of the two vacancies on the Federal Reserve Board of Governors that President Donald Trump has struggled to fill.
Ronan Manly: Where's the bulk of the gold supposedly held at West Point?
Submitted by cpowell on Fri, 2019-05-10 14:59 Section: Daily Dispatches3p ET Friday, May 10, 2019
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly wonders today why the U.S. Mint at West Point, New York, periodically displays its working vault for coin manufacture but never the 11 storage vaults in which most of the U.S. Treasury gold held at West Point is purportedly stored.
Seven banks face EU antitrust fines for forex rigging, sources tell Reuters
Submitted by cpowell on Thu, 2019-05-09 21:11 Section: Daily DispatchesBy Foo Yun Chee
Reuters
Thursday, May 9, 2019
BRUSSELS, Belgium -- Barclays, Citigroup, HSBC, JPMorgan, and three other banks are set to be fined by European Union antitrust regulators in coming weeks for rigging the multi-trillion dollar foreign exchange market, two people familiar with the matter said.
Gold price suppression is biggest issue in the world, GATA secretary tells GoldCore's O'Byrne
Submitted by cpowell on Thu, 2019-05-09 11:35 Section: Daily Dispatches11:42a ET Thursday, May 9, 2019
Dear Friend of GATA and Gold:
In an interview with bullion dealer GoldCore's Mark O'Byrne the other day, your secretary/treasurer discussed GATA's work, including:
-- The legal authorization of the U.S. government to rig the gold market surreptitiously to defend the U.S. dollar against competition as the world reserve currency.
AngloGold Ashanti to dispose of remaining South African mines
Submitted by cpowell on Thu, 2019-05-09 11:11 Section: Daily DispatchesBy Allan Seccombe
Business Day, Johannesburg
Thursday, May 9, 2019
https://www.businesslive.co.za/bd/companies/mining/2019-05-09-anglogold-...
Congressman proposes U.S. gold audit that covers leases, swaps
Submitted by cpowell on Wed, 2019-05-08 12:15 Section: Daily DispatchesFrom Money Metals News Service, Eagle, Idaho
Wednesday, May 8, 2019
WASHINGTON -- U.S. Rep., R-West Virginia, this week introduced legislation to provide for the first audit of United States gold reserves since the Eisenhower administration.
China announces fifth straight month of growth in gold reserves
Submitted by cpowell on Wed, 2019-05-08 09:57 Section: Daily DispatchesChina's Central Bank Stocks up on Gold as It Seeks to Diversify
By Henry Sanderson
Financial Times, London
Wednesday, May 8, 2019
China's central bank added gold to its reserves for the fifth month in a row in April, the latest emerging market central bank to stock up on the yellow metal.