You are here
Daily Dispatches
Alasdair Macleod: The benefits of a savings culture
Submitted by admin on Thu, 2023-01-05 11:55 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.Toronto
Thursday, January 5, 2023
Savings are a vital component of any successful economy, and the foolishness behind the paradox of thrift is exposed in this article. It has been a huge error for Keynesian policy makers to discourage savings in the interests of temporary boosts to consumerism.
With cash gone, Danish banks no longer get robbed
Submitted by admin on Tue, 2023-01-03 12:54 Section: Daily DispatchesFrom the Associated Press
via ABC News, New York
Tuesday, January 3, 2023
COPENHAGEN, Denmark -- For the first time in years, Denmark hasn't recorded a single bank robbery. There wouldn't have been much point.
Cash transactions in the Nordic country have become virtually obsolete, with Danes increasingly opting to use cards and smart phones for payments.
... Dispatch continues below ...
... ADVERTISEMENT ...
USAGold's January 'News & Views': Will gold return to all-time high in 2023?
Submitted by admin on Tue, 2023-01-03 10:27 Section: Daily DispatchesFrom News & Views
USAGold.com
Centennial, Colorado
Tuesday, January 3, 2023
In 2022 gold held its own while the rest of the investment universe was taken to the woodshed. So what will 2023 bring? Is gold setting the stage for a return to all-time highs at $2075 per ounce?
Many prominent analysts think that might be the case, particularly in light of the strong finish to 2022.
... Dispatch continues below ...
... ADVERTISEMENT ...
Ted Butler: 2022 was a momentous year for silver and gold
Submitted by admin on Mon, 2023-01-02 20:55 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Monday, January 2, 2023
The last couple of years have been significant in silver (and gold), not particularly price-wise, but in other important ways.
For instance, 2020 was particularly noteworthy in that JPMorgan was partially brought to justice for its many years of manipulating the price of precious metals on the Comex and agreeing to settle with the Justice Department and Commodity Futures Trading Commission for a reported $920 million.
... Dispatch continues below ...
Frank Holmes: Gold was the most popular asset of 2022
Submitted by admin on Fri, 2022-12-30 19:05 Section: Daily DispatchesBy Frank Holmes
U.S. Global Investors, San Antonio
Wednesday, December 27, 2022
Any way you slice it, 2022 was a turbulent year, from Russia's invasion of Ukraine to historic inflation and jumbo rate hikes to multiple failures in the digital asset space. These have had wide-ranging implications for the world of finance that are sure to carry over into next year.
LME ends chaotic year with metal stockpiles perilously low
Submitted by admin on Fri, 2022-12-30 12:22 Section: Daily DispatchesBy Mark Burton
Bloomberg News
Friday, December 30, 2022
The London Metal Exchange will enter 2023 with the smallest available warehouse stockpiles in at least 25 years, setting the stage for future squeezes and spikes if demand turns out stronger than expected.
Ambrose Evans-Pritchard: Zero-Covid disaster destroys Xi's authoritarian dreams
Submitted by admin on Thu, 2022-12-29 22:58 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, December 29, 2022
China’s lurch from extreme zero-Covid to extreme herd immunity is a watershed moment in the global ideological struggle of our age, an unanswerable illustration of why autocratic regimes are less successful in the end than messy liberal democracies.
Tennessee and Virginia legislators named Sound Money Legislators of the Year
Submitted by admin on Thu, 2022-12-29 18:04 Section: Daily DispatchesFrom Money Metals News Service
Eagle, Idaho
Tuesday, December 27, 2022
As the year comes to a close, Money Metals Exchange and the Sound Money Defense League have named Tennessee state lawmakers Rep. Bud Hulsey and Sen. Frank Niceley Virginia Delegate Amanda Batten as "Sound Money Legislators of the Year."
Hulsey and Niceley won their multi-year battle to eliminate unjust sales taxation of the monetary metals in the Volunteer State, passing House Bill 1874 and Senate Bill 1857 in May.
Central bank gold buying is highest since financial system broke 55 years ago
Submitted by admin on Thu, 2022-12-29 11:15 Section: Daily DispatchesBy Harry Dempsey
Financial Times, London
Thursday, December 29, 2022
Central banks are scooping up gold at the fastest pace since 1967, with analysts pinning China and Russia as big buyers in an indication that some nations are keen to diversify their reserves away from the dollar.
Data compiled the World Gold Council, an industry-funded group, has shown demand for the precious metal has outstripped any annual amount in the past 55 years.
... Dispatch continues below ...
Alasdair Macleod: Gold in 2023
Submitted by admin on Thu, 2022-12-29 11:04 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Thursday, December 29, 2022
This article is in two parts. In Part 1 it looks at how prospects for gold should be viewed from a monetary and economic perspective, pointing out that it is gold whose purchasing power is stable, and that of fiat currencies which is not.
Consequently, analysts who see gold as an investment producing a return in national currencies have made a fundamental error which will not be repeated in this article.
... Dispatch continues below ...
Pages
