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Daily Dispatches
Hugo Salinas Price: The end of the Petroleum Age
Submitted by cpowell on Mon, 2018-07-02 19:47 Section: Daily Dispatches7:48p ET Monday, July 2, 2018
Dear Friend of GATA and Gold:
USAGold's summer newsletter argues for a long-term perspective for investors
Submitted by cpowell on Mon, 2018-07-02 18:23 Section: Daily Dispatches6:20p ET Monday, July 2, 2018
Dear Friend of GATA and Gold:
USAGold's Summer 2018 newsletter reviews gold-related news items while arguing that investors do best with a long-term term outlook and some appreciation for gold's enduring value. The newsletter is posted here:
http://www.usagold.com/publications/NewsViewsjuly2018.html
CHRIS POWELL, Secretary/Treasurer
Ted Butler: The perfect double cross
Submitted by cpowell on Mon, 2018-07-02 11:59 Section: Daily Dispatches12:08p ET Monday, July 2, 2018
Dear Friend of GATA and Gold:
Ronan Manly: Gold is rising in currencies other than U.S. dollar
Submitted by cpowell on Sun, 2018-07-01 15:57 Section: Daily Dispatches3:58p ET Sunday, July 1, 2018
Dear Friend of GATA and Gold:
U.S. dollar's share of global currency reserves keeps falling
Submitted by cpowell on Sun, 2018-07-01 15:46 Section: Daily DispatchesBy Richard Leong
Reuters
Sunday, July 1, 2018
The U.S. dollar's share of currency reserves reported to the International Monetary Fund fell in first quarter of 2018 to a fresh four-year low, while euro, yuan, and sterling's shares of reserves increased, according to the latest data from the International Monetary Fund.
... Dispatch continues below ...
Renminbi's worst month ever sparks U.S.-China currency war fears
Submitted by cpowell on Sun, 2018-07-01 10:01 Section: Daily DispatchesGabriel Wildau and James Kynge
Financial Times, London
Sunday, July 1, 2018
China-s currency suffered its largest-ever monthly fall against the U.S. dollar in June, sparking concern that Beijing is prepared to use currency devaluation as a weapon in an escalating trade war with the United States.
David Brady at Sprott Money: Gold -- the Chinese connection
Submitted by cpowell on Sat, 2018-06-30 09:43 Section: Daily Dispatches9:46a ET Saturday, June 30, 2018
Dear Friend of GATA and Gold:
Market analyst and former fund manager David Brady, writing again at Sprott Money, observes today that, in devaluing the yuan against the U.S. dollar in recent weeks to offset rising U.S. tariffs, China also appears to be pegging the yuan to a gold price of around 8,200 yuan per ounce.
Rebel investors return former executives of Petropavlovsk
Submitted by cpowell on Fri, 2018-06-29 09:13 Section: Daily DispatchesBy Thomas Biesheuvel
Bloomberg News
Friday, June 29, 2018
Rebel shareholders look to have ousted the leadership at Petropavlovsk Plc as the bitter battle for gold mines in Russia's far east took another twist.
GATA Chairman Murphy interviewed for Reluctant Preppers
Submitted by cpowell on Thu, 2018-06-28 23:41 Section: Daily Dispatches11:42p ET Thursday, June 28, 2018
Dear Friend of GATA and Gold:
Hugo Salinas Price: The bitcoin puzzle
Submitted by cpowell on Thu, 2018-06-28 16:51 Section: Daily Dispatches4:52p ET Thursday, June 28, 2018
Dear Friend of GATA and Gold:
Bitcoin, Hugo Salinas Price of the Mexican Civic Association for Silver writes today, is as empty of value as government currencies but will lose out to those currencies because they have protectors and shepherds -- the governments that issue them -- while bitcoin is an orphan.