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Daily Dispatches
China uses trade war to drain West's gold, Maguire tells KWN
Submitted by cpowell on Fri, 2018-09-14 16:48 Section: Daily Dispatches4:52p ET Friday, September 14, 2018
Dear Friend of GATA and Gold:
Interviewed today by King World News, London metals trader Andrew Maguire describes how he sees China playing its trade war with the United States to drain the West's gold supplies in preparation for internationalizing a gold-backed yuan.
China and its ally, Russia, are cornering the physical gold market, Maguire writes.
Is Barrick still central banking's agent in the gold market?
Submitted by cpowell on Fri, 2018-09-14 11:08 Section: Daily Dispatches11:24a ET Friday, September 14, 2018
Dear Friend of GATA and Gold:
The report from today's South China Morning Post that is appended is interesting for a couple of reasons.
Metals price suppression aims at all commodities, GATA's Ed Steer says
Submitted by cpowell on Thu, 2018-09-13 10:36 Section: Daily Dispatches10:41a ET Thursday, September 13, 2018
Dear Friend of GATA and Gold:
Head of Russian bank warns customers they may not get dollars back
Submitted by cpowell on Wed, 2018-09-12 18:29 Section: Daily DispatchesBy Annmarie Hordern and Jake Rudnitsky
Bloomberg News
Wednesday, September 12, 2018
Russians with bank accounts in dollars may find they can only make withdrawals in other currencies if new sanctions proposed by U.S. lawmakers take effect.
USAGold's News & Views September newsletter is up
Submitted by cpowell on Wed, 2018-09-12 16:04 Section: Daily Dispatches4:08p ET Wednesday, September 12, 2018
Dear Friend of GATA and Gold:
USAGold's News & Views newsletter for September features an essay by Thorsten Polleit of the Degussa Market Report arguing that gold is undervalued at the moment, as well as a digest of other gold-related news and commentary. It's posted in the clear at USAGold here:
Craig Hemke at Sprott Money: Trader data not so bullish for gold, silver
Submitted by cpowell on Wed, 2018-09-12 15:24 Section: Daily Dispatches3:27p ET Wednesday, September 12, 2018
Dear Friend of GATA and Gold:
Juncker vows to turn euro into reserve currency to rival dollar
Submitted by cpowell on Wed, 2018-09-12 10:05 Section: Daily DispatchesBy Mehreen Khan and Jim Brunsden
Financial Times, London
Wednesday, September 12, 2018
Jean-Claude Juncker has vowed to turn the euro into a global reserve currency that could rival the dollar as part of the European Union's drive to reduce its financial dependence on the United States.
U.S. securities law covers cryptocurrencies, judge rules
Submitted by cpowell on Tue, 2018-09-11 20:16 Section: Daily DispatchesBy Brendan Pierson
Reuters
Tuesday, September 11, 2018
NEW YORK -- U.S. securities law can be used to prosecute fraud cases over cryptocurrency offerings, a New York federal judge ruled on Tuesday in what appeared to be the first court decision to address the issue.
Putin says Russia and China will reduce use of dollar in trade
Submitted by cpowell on Tue, 2018-09-11 20:09 Section: Daily DispatchesFrom Agence France-Presse
via Channel News Asia, Singapore
Tuesday, September 11, 2018
VLADIVOSTOK, Russia -- Russian President Vladimir Putin said today that Moscow and Beijing plan to use their own national currencies more often in trade deals as Russia's relations with the West deteriorate.
... Dispatch continues below ...
Hugo Salinas Price: Memoirs of an unemployed man
Submitted by cpowell on Tue, 2018-09-11 19:56 Section: Daily Dispatches8p ET Tuesday, September 11, 2018
Dear Friend of GATA and Gold: