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Daily Dispatches
Whom will Trump blast next over their currencies?
Submitted by cpowell on Thu, 2017-02-02 14:26 Section: Daily DispatchesBy Lananh Nguyen
Bloomberg News
Thursday, February 2, 2017
With all the Trump administration's jawboning about countries devaluing their currencies to gain an unfair trade advantage, financial markets are left wondering: Who's next?
Mike Kosares: A Trump devaluation and global currency war?
Submitted by cpowell on Thu, 2017-02-02 14:13 Section: Daily Dispatches2:15p ET Thursday, February 2, 2017
Dear Friend of GATA and Gold:
USAGold's Mike Kosares today takes note of the growing impression that the Trump administration wants to devalue the U.S. dollar and speculates about how the devaluation might come about. Kosares' commentary is headlined "A Trump Devaluation and Global Currency War?" and it's posted at USAGold here:
Trump devaluation claims raise fears of global currency war
Submitted by cpowell on Wed, 2017-02-01 21:09 Section: Daily DispatchesBy Shawn Donnan, Robin Harding, and Katie Martin
Financial Times, London
Wednesday, February 1, 2017
The Trump administration's willingness to break with tradition and comment about currency valuations has raised fears that the US might lead the world into a new round of currency wars, angering and unnerving allies.
Where are Russia's vast gold reserves hidden?
Submitted by cpowell on Wed, 2017-02-01 14:08 Section: Daily DispatchesBy Alexander Bratersky
Russia Beyond the Headlines
(Rossiyskaya Gazeta, Moscow)
Wednesday, February 1, 2017
More hints that Trump's trade policy will focus on currency valuations
Submitted by cpowell on Tue, 2017-01-31 07:50 Section: Daily DispatchesTrump's Top Trade Adviser Accuses Germany of Currency Exploitation
By Shawn Donnan
Finanancial Times, London
Tuesday, January 31, 2017
Germany is using a "grossly undervalued" euro to exploit the United States and its EU partners, Donald Trump's top trade adviser has said in comments that are likely to trigger alarm in Europe's largest economy.
This gold fund looks to hedge against a strong dollar
Submitted by cpowell on Mon, 2017-01-30 21:55 Section: Daily DispatchesBy Tom Anderson
CNBC, New York
Monday, January 30, 2017
The gold trade has historically been a good hedge against a weak dollar, but not usually a great investment when the greenback is going up. Today State Street Global Advisors and the World Gold Council launched an exchange-traded fund to figure out a way around that market friction point.
James Turk: Urge President Trump to 'make money great again'
Submitted by cpowell on Mon, 2017-01-30 21:04 Section: Daily Dispatches9:05p ET Monday, January 30, 2017
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk today tells King World News about a movement requesting President Trump's support to "make money great again" -- that is, to facilitate the circulation of gold and silver as currencies without punitive taxation. Turk's commentary is posted at KWN here:
Ronan Manly: Bank of England tells Irish central bank to conceal gold info
Submitted by cpowell on Mon, 2017-01-30 20:45 Section: Daily Dispatches8:45p ET Monday, January 309, 2017
Dear Friend of GATA and Gold:
Bullion banks fleece gold longs so price can rise again, Embry tells KWN
Submitted by cpowell on Mon, 2017-01-30 13:42 Section: Daily Dispatches1:43p ET Monday, January 30, 2017
Dear Friend of GATA and Gold:
Sunken British warship laden with gold to be raised 250 years after battle
Submitted by cpowell on Sun, 2017-01-29 20:56 Section: Daily DispatchesBy Abigail O'Leary
Daily Mirror, London
Sunday, January 29, 2017
A sunken British warship wrecked off the coast of South America is due to see the light of day once again -- along with L1 billion in gold coins.
The Lord Clive was blasted by cannon fire in 1763 after an attempt to reclaim Uruguay's Colonia del Sacramento, a former British colony that had been seized by the Spanish.