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Daily Dispatches
Australia's top gold miner boosts bets on Ecuador's riches
Submitted by cpowell on Mon, 2018-02-26 09:02 Section: Daily DispatchesBy David Stringer
Bloomberg News
Sunday, February 25, 2018
Australia's largest gold producer, Newcrest Mining Ltd., will invest $250 million for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits.
With rates low, Fed officials fret over next recession
Submitted by cpowell on Sat, 2018-02-24 17:26 Section: Daily DispatchesBy Jonathan Spicer and Ann Saphir
Reuters
Saturday, February 24, 2018
Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low.
Volatility funds face fresh scrutiny from U.S. regulators
Submitted by cpowell on Fri, 2018-02-23 21:32 Section: Daily DispatchesBy Benjamin Bain and Matt Robinson
Bloomberg News
Friday, February 23, 2018
U.S. regulators are scrutinizing this month's implosion of investments that track stock-market turmoil, including whether wrongdoing contributed to steep losses for VIX exchange-traded products offered by Credit Suisse Group AG and other firms, several people familiar with the matter said.
Treasury secretary urges markets to shrug off worries over tax cuts, debt
Submitted by cpowell on Fri, 2018-02-23 10:59 Section: Daily DispatchesBy Saleha Mohsin
Bloomberg News
Thursday, February 22, 2018
Treasury Secretary Steven Mnuchin brushed aside signs that investors are nervous about rising prices and criticism that growing debt will harm U.S. economic security, declaring that President Donald Trump’s policies won't cause inflation.
Isn't it bad enough that Harvard already runs the United States?
Submitted by cpowell on Fri, 2018-02-23 10:22 Section: Daily DispatchesXi Confidant Emerges as Front Runner to Head
China's Central Bank, Sources Tell Reuters
By Xiaowen Bi, Benjamin Kang Lim, an dKevin Yao
Reuters
Friday, February 23, 2018
China is letting the yuan crush the dollar, and Trump is just one reason
Submitted by cpowell on Fri, 2018-02-23 10:07 Section: Daily DispatchesBy Huileng Tan
CNBC, New York
Friday, February 23, 2018
The Chinese yuan has appreciated 10 percent against the dollar since the start of 2017, quelling some criticism that the export giant has been deliberately suppressing its currency to gain economic advantage over its trading partners.
This is all going according to China's plan, experts say.
GoldSeek Radio interviews GATA Chairman Murphy
Submitted by cpowell on Fri, 2018-02-23 10:00 Section: Daily Dispatches10a ET Friday, February 23, 2018
Dear Friend of GATA and Gold:
Interviewed this week by GoldSeek Radio's Chris Waltzek, GATA Chairman Bill Murphy discusses the dichotomy of rising prices for all assets except gold and silver, another hint of price suppression. The interview is 13 minutes long and can be heard at GoldSeek Radio here:
Ralph Benko: Olympic gold medals are mostly silver because Zeus is so poor
Submitted by cpowell on Thu, 2018-02-22 20:47 Section: Daily Dispatches8:47p ET Thursday, February 22, 2018
Dear Friend of GATA and Gold:
Alasdair Macleod: A Roman lesson on inflation
Submitted by cpowell on Thu, 2018-02-22 16:34 Section: Daily Dispatches4:34p ET Thursday, February 22, 2018
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod argues today that a credit crisis lies ahead and that it may set inflation soaring.
ECB minutes highlight policymakers' fears over currency wars
Submitted by cpowell on Thu, 2018-02-22 09:27 Section: Daily DispatchesBy Claire Jones
Financial Times, London
Thursday, February 22, 2018
FRANKFURT, Germany -- The extent of European officials' concerns over the weakness of the dollar was laid bare on Thursday in a set of European Central Bank accounts that highlighted fears that the U.S. administration was deliberately trying to engage in currency wars.