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Daily Dispatches
Fed rejects bank for being too safe
Submitted by cpowell on Thu, 2018-09-06 13:40 Section: Daily Dispatches1:49p ET Thursday, September 6, 2018
Dear Friend of GATA and Gold:
Bloomberg News opinion columnist Matt Levine today reports that the Federal Reserve is blocking the bid of a bank recently formed in Connecticut to give ordinary bank depositors access to the much higher rate of interest paid by the Fed to regular banks.
Alasdair Macleod: Apocalypse, or not?
Submitted by cpowell on Thu, 2018-09-06 13:29 Section: Daily Dispatches1:33p ET Thursday, September 6, 2018
Dear Friend of GATA and Gold:
Crazy rich Asians advised to increase gold holdings amid market turmoil
Submitted by cpowell on Wed, 2018-09-05 19:22 Section: Daily DispatchesAsia’s Super-Rich Advised to Add More Gold to Their Portfolios to Protect Assets Amid Storms Pounding Equity Markets
By Louise Moon
South China Morning Post, Hong Kong
Wednesday, September 5, 2018
GoldMoney's Macleod, interviewed on 'Keiser Report,' envisions a gold-backed yuan
Submitted by cpowell on Tue, 2018-09-04 20:58 Section: Daily Dispatches9p ET Tuesday, September 4, 2018
Dear Friend of GATA and Gold:
Craig Hemke at Sprott Money: Comex silver to test 2015 lows
Submitted by cpowell on Tue, 2018-09-04 19:05 Section: Daily Dispatches7:12p ET Tuesday, September 4, 2018
Dear Friend of GATA and Gold:
Japan braces for gold smuggling rush in shadow of tax hike
Submitted by cpowell on Tue, 2018-09-04 07:37 Section: Daily DispatchesBy Aiko Munakata
Nikkei Asian Review, Tokyo
Tuesday, September 4, 2018
TOKYO -- As Japan prepares to raise the consumption tax for the first time in half a decade next year, the Ministry of Finance worries that gold smuggling will also get a boost.
Venezuela's Maduro spends $6 on gold certificate as pensioners queue for their money
Submitted by cpowell on Mon, 2018-09-03 22:16 Section: Daily DispatchesMaduro Buys Gold to Boost Savings amid Five-Digit Inflation
By Jorge Rueda
Associated Press
via Minneapolis Star-Tribune
Monday, September 3, 2018
CARACAS, Venezuela -- President Nicolas Maduro said today he is investing part of his personal savings in a gold-backed certificate as part of a much-questioned plan to crush hyperinflation and reactivate Venezuela's moribund economy.
Alasdair Macleod: The dollar, commodities, and inflation
Submitted by cpowell on Mon, 2018-09-03 14:55 Section: Daily Dispatches2:58p ET Monday, September 3, 2018
Dear Friend of GATA and Gold:
India's central bank sells Treasuries and buys gold for first time in nearly a decade
Submitted by cpowell on Mon, 2018-09-03 13:52 Section: Daily DispatchesRBI Buys Gold for First Time in Nearly a Decade
By Gayatri Nayak
The Times of India, Mumbai
Monday, September 3, 2018
https://economictimes.indiatimes.com/markets/commodities/news/rbi-buys-g...
Ronan Manly: As emerging market currencies collapse, gold is being mobilized
Submitted by cpowell on Mon, 2018-09-03 09:31 Section: Daily Dispatches9:35a ET Monday, September 3, 2018
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly today reviews the ascent of gold as protection against the collapse of currencies in Turkey, Iran, Venezuela, and other countries. Manly's analysis is headlined "As Emerging Market Currencies Collapse, Gold Is Being Mobilized" and it's posted at Bullion Star here: