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Daily Dispatches
China's attempts to supplant dollar face historic difficulties
Submitted by cpowell on Mon, 2018-03-26 11:09 Section: Daily DispatchesBy Mike Bird
The Wall Street Journal
Monday, March 26, 2018
https://www.wsj.com/articles/chinas-attempts-to-supplant-dollar-face-his...
The world's first yuan-denominated oil contracts launched today, as part of China's drive to turn its currency into a global force in markets.
West Virginia congressman introduces gold standard legislation ...
Submitted by cpowell on Sun, 2018-03-25 21:08 Section: Daily Dispatches... and The Wall Street Journal actually lets him publicize it.
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Steel and Aluminum? Let's Talk About Gold
How Fiat Money Hurts My West Virginia Constituents
By U.S. Rep. Alex X. Mooney
The Wall Street Journal
Sunday, March 25, 2018
https://www.wsj.com/articles/steel-and-aluminum-lets-talk-about-gold-152...
Ed Steer: A stunning silver CoT report, one for the ages
Submitted by cpowell on Sat, 2018-03-24 22:51 Section: Daily Dispatches9:50a ICT Sunday, March 25, 2018
Dear Friend of GATA and Gold:
In his Gold and Silver Digest letter for Saturday, GATA board member Ed Steer reports that the positioning of traders in the silver futures market in the United States has become extraordinarily bullish, the big commercial traders having drastically reduced their short positions.
China signals it could ease Treasury purchases to counter Trump
Submitted by cpowell on Fri, 2018-03-23 22:49 Section: Daily DispatchesBy Andrew Mayada
Bloomberg News
Friday, March 23, 2018
China's ambassador to the U.S. wouldn't rule out the possibility of the Asian nation scaling back purchases of Treasuries in response to tariffs imposed by President Donald Trump.
Crypto has just found a friendly island in the sun
Submitted by cpowell on Fri, 2018-03-23 06:27 Section: Daily DispatchesBy Yuji Nakamura
Bloomberg News
Friday, March 23, 2018
Binance, the world's largest cryptocurrency exchange by traded value, is seeking a fresh start in the Mediterranean.
Venezuela knocks three zeros off ailing currency amid hyperinflation
Submitted by cpowell on Fri, 2018-03-23 06:20 Section: Daily DispatchesBy Corina Pons and Deisy Buitrago
Reuters
Thursday, March 22, 2018
CARACAS, Venezuela -- Venezuela's President Nicolas Maduro ordered a re-denomination of the ailing bolivar currency today by knocking three zeroes off amid hyperinflation and a crippling economic crisis.
Great fundamentals, awful futures action in silver, GATA chairman tells GoldSeek Radio
Submitted by cpowell on Fri, 2018-03-23 05:24 Section: Daily Dispatches4:21p ICT Friday, March 231, 2018
Dear Friend of GATA and Gold:
An exclusive tour of Russia's gold reserve
Submitted by cpowell on Wed, 2018-03-21 23:08 Section: Daily Dispatches10:05a ICT Thursday, March 22, 2018
Dear Friend of GATA and Gold:
Brandon White of bullion dealer BMG Group in Ontario calls attention to a recent report in the major Russian newspaper Komsomolskaya Pravda by two journalists who were given an exclusive tour of the vault containing Russia's gold reserve.
Craig Hemke at Sprott Money: Morgan's domination of silver futures
Submitted by cpowell on Wed, 2018-03-21 11:27 Section: Daily Dispatches10:30p ICT Wednesday, March 21, 2018
Dear Friend of GATA and Gold:
No, gold leased from central banks doesn't always have to be returned
Submitted by cpowell on Wed, 2018-03-21 02:08 Section: Daily Dispatches1:17p ICT Wednesday, March 21, 2018
Dear Friend of GATA and Gold:
One could spend a lifetime trying to correct the unsupported beliefs about the gold market expressed by Keith Weiner of Monetary Metals, but your secretary/treasurer has his own failings to correct, like his own omission yesterday, in "Does Weiner Really Know What Central Bankers Think Better Than They Themselves Do?" --
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