You are here
Daily Dispatches
China's forex reserves rise slightly as U.S. dollar weakness continues
Submitted by cpowell on Sun, 2018-04-08 00:50 Section: Daily DispatchesFrom Reuters
Saturday, April 7, 2018
BEIJING -- China's foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued and escalating trade tensions between the world's two largest economies bolstered expectations of a firmer Chinese currency.
Ambrose Evans-Pritchard: China's dumping Treasuries won't win the trade war
Submitted by cpowell on Sat, 2018-04-07 09:34 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
via The Sydney Morning Herald
Saturday, April 7, 2018
https://www.smh.com.au/business/investments/china-has-the-financial-arse...
China's leaders must be sorely tempted to activate the "nuclear option" and punish the capitalist running dog, the tango dancer in the White House.
Indian and Pakistani central banks clamp down on cryptocurrencies
Submitted by cpowell on Sat, 2018-04-07 04:10 Section: Daily DispatchesThey hate competitive forms of money more than they hate each other. Maybe that's progress of a sort.
* * *
By Abhirup Roy and Devidutta Tripathy
Reuters
Friday, April 6, 2018
MUMBAI, India -- India's central bank today barred banks from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto-currencies on local exchanges.
Ambrose Evans-Pritchard: Trump's power struggle with China isn't about trade
Submitted by cpowell on Fri, 2018-04-06 00:23 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
via Gulf News, Dubai
Friday, April 6, 2018
U.S. Dresident Donald Trump's declaration of tariff warfare against China has little to do with trade. It is about raw power, a struggle over which of the two sparring hegemons will dominate technology and run the world in the 21st century.
Allan Flynn: Gold and silver futures were easy targets for spoofers
Submitted by cpowell on Thu, 2018-04-05 23:53 Section: Daily Dispatches11:55a HKT Friday, April 6, 2018
Dear Friend of GATA and Gold:
Allan Flynn, who runs the "Comex, We Have a Problem" blog, this week posted a fascinating review of the traders who are the major targets of the recent investigation by the U.S. Justice Department and Commodity Futures Trading Commission of "spoofing" in the monetary metals futures markets.
Alasdair Macleod: Why a dollar collapse is inevitable
Submitted by cpowell on Thu, 2018-04-05 22:30 Section: Daily Dispatches10:30a HKT Friday, April 5, 2018
Dear Friend of GATA and Gold:
The export of so many U.S. dollars around the world makes another collapse of the currency inevitable, GoldMoney research director Alasdair Macleod argues in his new commentary.
Koos Jansen: China's secret gold supplier is Singapore
Submitted by cpowell on Thu, 2018-04-05 21:42 Section: Daily Dispatches9:40a HKT Friday, April 6, 2018
Dear Friend of GATA and Gold:
India's central bank shuts down crypto-currencies
Submitted by cpowell on Thu, 2018-04-05 11:28 Section: Daily DispatchesYour Bank Will Not Allow You to Buy Bitcoins Anymore
By Preeli Motiani
The Times of India, Mumbai
Thursday, April 5, 2018
Yellen starts collecting her payoff from Wall Street
Submitted by cpowell on Thu, 2018-04-05 11:17 Section: Daily DispatchesYellen Gets Post-Fed Payday in Private Meetings with Wall Street Elite
By Jonathan Spicer and Ann Saphir
Reuters
Thursday, April 5, 2018
Janet Yellen cashed in with a visit to Wall Street two months after stepping down as Federal Reserve chair, discussing the U.S. economy and interest rates at events on Monday that included a dinner for 40 at a CEO’s Manhattan penthouse.
Stock market volatility scares central banks, Embry tells KWN
Submitted by cpowell on Wed, 2018-04-04 10:40 Section: Daily Dispatches10:40p HKT Wednesday, April 4, 2018
Dear Friend of GATA and Gold:
Central banks are terrified by the new volatility in the U.S. stock market, Sprott Asset Management's John Embry tells King World News today, as that sort of thing ordinarily signals a change in trend. Embry expects that the future holds either a depression or hyperinflation. His comments are excerpted at KWN here:
Pages
