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Daily Dispatches
New gold-backed monetary system described in GoldSeek Radio interview
Submitted by cpowell on Thu, 2018-03-01 10:46 Section: Daily Dispatches10:48a ET Thursday, March 1, 2018
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: Libor surge nears danger level for debt-drenched world
Submitted by cpowell on Thu, 2018-03-01 00:41 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, February 28, 2018
The stress signals of the global credit system are flashing amber. The offshore dollar funding markets that lubricate world finance are facing an incipient squeeze.
Lassonde likes the gold price with central banks rigging the market
Submitted by cpowell on Thu, 2018-03-01 00:12 Section: Daily Dispatches12:18a ET Thursday, March 1, 2018
Dear Friend of GATA and Gold:
Oh, for a journalist who would put a few serious questions to Franco-Nevada Chairman Pierre Lassonde, former chairman of the World Gold Council, when he says, as he told Daniela Cambone of Kitco News this week, that "gold is well-priced" and "where it should be."
Stephen Leeb: The gold-based monetary system is on its way
Submitted by cpowell on Tue, 2018-02-27 20:04 Section: Daily Dispatches8:04p ET Tuesday, February 27, 2018
Dear Friend of GATA and Gold:
Craig Hemke at Sprott Money: Total U.S. debt and gold
Submitted by cpowell on Tue, 2018-02-27 19:09 Section: Daily Dispatches7:09p ET Tuesday, February 27, 2018
Dear Friend of GATA and Gold:
Scotiabank won't sell metals business after all
Submitted by cpowell on Tue, 2018-02-27 12:11 Section: Daily DispatchesBy Matt Scuffham
Reuters
Tuesday, February 27, 2018
TORONTO -- Canadian lender Bank of Nova Scotia said today it would keep its ScotiaMocatta metals trading business, ending months of speculation that it could be sold, and the bank reported earnings that beat market expectations.
Hong Kong exchange wants gold trading corridor along 'Belt and Road'
Submitted by cpowell on Tue, 2018-02-27 08:57 Section: Daily DispatchesBy Karen Yeung
South China Morning Post, Hong Kong
Tuesday, February 20, 2018
The Chinese Gold & Silver Exchange Society, Hong Kong's gold exchange, is in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under China's Belt and Road Initiative, according to its president Haywood Cheung Tak-hay.
Silver deeply in backwardation and on verge of breakout, Turk tells KWN
Submitted by cpowell on Mon, 2018-02-26 20:47 Section: Daily Dispatches8:47p ET Monday, February 26, 2018
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk, interviewed today by King World News, says silver is deeply in backwardation and seems to be on the verge of breaking up and out against the longstanding price suppression. The interview is posted at KWN here:
https://kingworldnews.com/james-turk-war-raging-silver-market/
Manipulation keeping markets from doing what they ordinarily would, Sprott says
Submitted by cpowell on Mon, 2018-02-26 09:32 Section: Daily Dispatches9:31a ET Monday, February 26, 2018
Dear Friend of GATA and Gold:
Russia overtakes China in gold reserves race to end U.S. dollar dominance
Submitted by cpowell on Mon, 2018-02-26 09:06 Section: Daily DispatchesFrom Russia Today, Moscow
Monday, February 26, 2018
The Central Bank of Russia boosted its holdings of gold by almost 20 metric tons last month, with reserves reaching 1,857 tons. It has increased its holdings every month since March 2015.