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Daily Dispatches
Trump's attack on Fed crossed 'red line' for markets, could weaken dollar
Submitted by cpowell on Mon, 2018-08-20 21:31 Section: Daily DispatchesBy Patti Domm
CNBC, New York
Monday, August 20, 2018
The dollar fell to the day's lows and could continue to weaken after President Donald Trump said he disagrees with the Fed's decision to raise interest rates and that the Fed should do "what's good for the country."
Trump unhappy with Fed over rates, calls EU and China currency manipulators
Submitted by cpowell on Mon, 2018-08-20 19:21 Section: Daily DispatchesBy Jeff Mason and Steve Holland
Reuters
Monday, August 20, 2018
WASHINGTON -- President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.
In protest Turks slice up only one-dollar bills, not twenties
Submitted by cpowell on Sat, 2018-08-18 23:03 Section: Daily DispatchesTurks Destroy Dollars, Break iPhones in Reaction to U.S. Sanctions
From Hurriyet Daily News, Istanbul
Saturday, August 18, 2018
Several Turks have had their share of 15 minutes of fame this week when their videos showing their furious reaction to United States sanctions went viral, as they destroyed dollars and broke their iPhones.
Mike Kosares: Bridging the 'fourth turning' with gold
Submitted by cpowell on Sat, 2018-08-18 16:32 Section: Daily Dispatches4:35p ET Saturday, August 18, 2018
Dear Friend of GATA and Gold:
Venezuela launches crypto-pegged forex rate, devaluing by 96 percent
Submitted by cpowell on Fri, 2018-08-17 22:57 Section: Daily DispatchesFrom Reuters
Friday, August 17, 2018
CARACAS -- Venezuelan President Nicolas Maduro announced today a single exchange rate and pegged it to his socialist government's petro cryptocurrency, effectively devaluating by 96 percent.
GATA Chairman Murphy explains his organization's struggle
Submitted by cpowell on Fri, 2018-08-17 11:46 Section: Daily Dispatches11:48p ET Friday, August 17, 2018
Dear Friend of GATA and Gold:
Keith Weiner: Bond paying interest in gold would confirm metal's role as money
Submitted by cpowell on Thu, 2018-08-16 18:41 Section: Daily Dispatches6:44p ET Thursday, August 16, 2018
Dear Friend of GATA and Gold:
Keith Weiner, CEO of Monetary Metals in Scottsdale, Arizona, a sort of gold banking house that seeks to increase gold's use in finance, today appeals for signatures on a petition to Nevada's legislature in support of a proposal to authorize state government to issue bonds with interest payable in gold.
GoldCore: Gold's counterintuitive fall may be official intervention
Submitted by cpowell on Thu, 2018-08-16 18:11 Section: Daily Dispatches6:14p ET Thursday, August 16, 2018
Dear Friend of GATA and Gold:
Perth Mint launches first government-backed gold ETF
Submitted by cpowell on Thu, 2018-08-16 18:02 Section: Daily DispatchesBy Luzi-Ann Javier
Bloomberg News
Wednesday, August 15, 2018
Will a government guarantee for an exchange-traded fund be enough to lure investors back to gold?
Dave Kranzler: Metals bashed as in 2008 to hide dangerous weaknesses
Submitted by cpowell on Wed, 2018-08-15 12:41 Section: Daily Dispatches12:38p ET Wednesday, August 15, 2018
Dear Friend of GATA and Gold:
Gold and silver are being bashed by central banks, Dave Kranzler of Investment Research Dynamics writes today, just as they were in 2008 -- to try to mask dangerous weaknesses in the world financial system.
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