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Daily Dispatches

Alasdair Macleod: An Asian Bretton Woods may be on the way

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Thursday, September 8, 2022

The financial war between Russia with China's tacit backing on one side, and America and her NATO allies on the other has escalated rapidly. It appears that President Putin was thinking several steps ahead when he launched Russia's attack on Ukraine.

We have seen sanctions fail. We have seen Russia achieve record export surpluses. We have seen the rouble become the strongest currency on the foreign exchanges. 

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David H. Smith, precious metals investing philosopher, is fondly remembered

Section: Daily Dispatches

By Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Wednesday, September 7, 2022

Many precious metals investors over the years have closely followed the writings of David H. Smith, the beloved senior analyst at The Morgan Report and monthly columnist for Money Metals Exchange.

I am saddened to report that my friend -- our friend -- David Smith lost his battle with cancer last weekend.

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Alasdair Macleod: Supply chain breakdown will worsen the inflationary storm

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Tuesday, September 6, 2022

The disruption of global supply chains is seen to be a temporary problem yet to be resolved, but there are good reasons to believe it is now permanent.

Join GATA at the New Orleans Investment Conference in October

Section: Daily Dispatches

GATA Chairman Bill Murphy and your secretary/treasurer will be among the speakers.

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By Brien Lundin
Editor, Gold Newsletter
CEO, New Orleans Investment Conference
Wednesday, July 20, 2022

https://goldnewsletter.com/

As a serious investor, you’re well aware of the unique challenges presented by today’s markets.

-- Central banks -- led by the Federal Reserve -- intent to fight off rising inflation with rate hikes.

Ambrose Evans-Pritchard: Revenge of the Bundesbank spells big trouble for Italy

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, September 2, 2022

he European Central Bank can either bail out Italy or save its credibility in Germany. It will struggle to do both.

With inflation running at a 50-year high in Germany, 14% in the Netherlands, and 25% in Estonia, it is politically impossible to keep mopping up Italy's debt issuance under the guise of monetary policy. The euro's crash to dollar parity has been the last straw. The Bundesbank has lost patience.

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Jim Rickards: Biden's most enduring legacy?

Section: Daily Dispatches

By James G. Rickards
The Daily Reckoning, Baltimore
Tuesday, August 30, 2022

Central bank digital currencies are coming fast, and you need to be prepared for them because they’ll mark a major victory in the war against cash -- and against your personal privacy.

You’ll see why today.

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Russia considers big purchases of 'friendly' foreign exchange to slow ruble's rise

Section: Daily Dispatches

Isn't the "friendliest" currency that old yellow metal?

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From Bloomberg News
Thursday, September 1, 2022

Russia is considering a plan to buy as much as $70 billion in yuan and other "friendly" currencies this year to slow the ruble's surge, before shifting to a longer-term strategy of selling its holdings of the Chinese currency to fund investment. 

James Turk: A century of fascism

Section: Daily Dispatches

7:54p ET Wednesday, August 31, 2022

Dear Friend of GATA and Gold:

In an essay today GoldMoney founder and GATA consultant James Turk reviews some history and concludes that just as free-trading gold is a prerequiste of liberty, gold price manipulation is a prerequisite of totalitarianism. Turk's analysis is headlined "A Century of Fascism" and it's posted at the Free Gold Money Report here:

https://www.fgmr.com/a-century-of-fascism/

USA Gold's 'News & Views' letter for September

Section: Daily Dispatches

10:10a ET Wednesday, August 31, 2022

Dear Friend of GATA and Gold:

The September edition of USA Gold's News & Views financial letter, with its usual excerpts of insightful commentary, is posted in the clear here:

https://www.usagold.com/nv1044sept2022/

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


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Ronan Manly: Eurasian alliance plans a Moscow World Standard to destroy LBMA's monopoly

Section: Daily Dispatches

By Ronan Manly
Bullion Star, Singapore
Wednesday, August 31 2022

Toward the end of July, news emerged in the Russian media that Moscow and a number of its Eurasian allies are now reviewing a proposal to create an entirely new trading and pricing infrastructure for the international precious metals in order to both destroy London and New York's monopoly over global precious metals pricing, and to stabilise the Russian gold market.

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