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Daily Dispatches

Ralph Benko: Trump should make a beachhead for gold at the Fed

Section: Daily Dispatches

2:10p ET Saturday, February 25, 2017

Dear Friend of GATA and Gold:

Central banks may have been evil with gold but not stupid

Section: Daily Dispatches

10:27a ET Saturday, February 25, 2017

Dear Friend of GATA and Gold:

In commentary yesterday headlined "Will the Fed Tell Every American to Buy Gold Before It Destroys the Dollar?," Swiss gold fund manager Egon von Greyerz mocked Western central banks for selling so much of their gold at market lows between 1999 and 2004:

Maguire describes efforts by financial houses to suppress news of gold market rigging

Section: Daily Dispatches

3p ET Friday, February 24, 2017

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire today tells King World News about the successful efforts of financial houses to prevent mainstream financial news organizations from reporting the rigging of the gold and silver markets. An excerpt from the interview is posted at KWN here:

Trump calls Chinese 'grand champions' of currency manipulation

Section: Daily Dispatches

By Steve Holland and David Lawder
Reuters
Friday, February 24, 2017

WASHINGTON -- President Donald Trump declared China the "grand champions" of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices.

Even China can't kill bitcoin

Section: Daily Dispatches

By Elaine Ou
Bloomberg News
Thursday, February 23, 2017

Every time a government sets out to abolish something people like, the well-liked thing moves to where it can't be stopped. This has happened with prohibition, gambling, the war on drugs, and digital piracy. Now it's happening in China, where the government has been trying to crack down on bitcoin.

Treasury eyeing issuance of 100-year U.S. government debt

Section: Daily Dispatches

By Joe Rennison
Financial Times, London
Thursday, February 23, 2017

NEW YORK -- Steven Mnuchin, U.S. Treasury secretary, said today that his staff have begun to look into issuing U.S. government debt with maturities of as long as 50 or 100 years.

Trump suggests he wants a weak dollar to help U.S. exporters

Section: Daily Dispatches

By Jacob Pramuk
CNBC, New York
Thursday, February 23, 2017

President Donald Trump signaled today that he wants to keep the U.S. dollar's value lower to aid American companies selling products abroad.

Embry notes desperation to keep silver below $18

Section: Daily Dispatches

1:59p ET Thursday, February 23, 2017

Dear Friend of GATA and Gold:

London Metal Exchange cuts deal with banks to propel gold futures

Section: Daily Dispatches

By Peter Hobson
Reuters
Thursday, February 23, 2017

LONDON -- The London Metal Exchange has reached a 50:50 revenue-sharing deal with a company founded by a group of banks to promote trade in its new gold futures contracts, sources said, aiming to overcome market scepticism surrounding their launch in June.

TF Metals Report: Metals capped into FOMC minutes

Section: Daily Dispatches

11:35a ET Wednesday, February 22, 2017

Dear Friend of GATA and Gold:

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