You are here
Daily Dispatches
Rare 1822 gold coin fetches $8.4 million at auction, a record for a U.S. coin
Submitted by admin on Sat, 2021-03-27 22:47 Section: Daily DispatchesBy Ken Ritter
Associated Press
via The Day, New London, Connecticut
Saturday, March 27, 2021
LAS VEGAS -- The coin trading world has a new gold standard, after the only known 1822 half eagle $5 piece in private hands sold at auction in Las Vegas for $8.4 million, experts said Friday.
Douglas Mudd, curator and director of the Edward C. Rochette Money Museum in Colorado Springs, Colo., confirmed the coin is one of three of its kind in existence and the auction price Thursday was the highest for a U.S. gold coin struck by the U.S. Mint.
Dalio sees 'good probability' bitcoin gets outlawed
Submitted by admin on Sat, 2021-03-27 22:37 Section: Daily DispatchesBy Julia La Roche
Yahoo News, Sunnyvale, California
Wednesday, March 24, 2021
Billionaire investor Ray Dalio, the founder of the $150 billion hedge fund Bridgewater Associates -- the world's largest -- made a case that there's a "good probability" bitcoin could be outlawed, similar to when the U.S. government made it illegal to privately own gold.
Mexican central bank reported to suspend production of silver Libertads
Submitted by admin on Fri, 2021-03-26 12:53 Section: Daily Dispatches12:56p ET Friday, March 26, 2021
Dear Friend of GATA and Gold:
Hugo Salinas Price, president of the Mexican Civic Association for Silver, whose family operates Banco Azteca, reports that the Mexican central bank, the Banco de Mexico, has suspended production of the famous Mexican silver Libertad coin --
https://www.banxico.org.mx/banknotes-and-coins/new-libertad-series-silve...
-- attributing the decision to difficulties caused by the coronavirus epidemic.
Hemke and Maguire discuss the fraud of the gold and silver futures markets
Submitted by admin on Thu, 2021-03-25 18:23 Section: Daily Dispatches6:20p ET Thursday, March 25, 2021
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report and Sprott Money News today joins London metals trader Andrew Maguire on Kinesis Money's "Live from the Vault" program, discussing the fraud of the fractional-reserve gold and silver banking system and the gold and silver futures markets.
They agree that the best way of defeating the fraud is to purchase and take delivery of real metal, not to purchase "unallocated" metal or derivatives.
... Dispatch continues below ...
Another mainstream journalist purports to explain the gold price without reference to central banks
Submitted by admin on Thu, 2021-03-25 14:10 Section: Daily DispatchesThursday, March 25, 2021
Brett Arends
MarketWatch.com
1211 6th Ave
New York, N.Y. 10036
Dear Mr. Arends:
Regarding your commentary at MarketWatch today, "What's Up -- Or Down -- With Gold?" --
https://www.marketwatch.com/story/whats-upor-down-with-gold-11616618248
Alasdair Macleod: Biden's last throw of the geopolitical dice
Submitted by admin on Thu, 2021-03-25 12:07 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, March 25, 2021
In a continuing cold war, America is already on the back foot. We have yet to see how long it will be before the Biden administration realises its few victories will be unaffordably Pyrrhic, and by merely not responding to American provocation the Chinese/Russian partnership will emerge as the victors.
... Dispatch continues below ...
ADVERTISEMENT
Stefan Gleason: Fed's crypto plans may turn bitcoin bulls into gold bugs
Submitted by admin on Wed, 2021-03-24 20:30 Section: Daily DispatchesBy Stefan Gleason
Money Metals News Service, Eagle, Idaho
Tuesday, March 23, 2021
The globalist push for central bank digital currency is ramping up.
On Monday, Federal Reserve Chairman Jerome Powell spoke at a virtual "Innovation Summit" hosted by the Bank for International Settlements, the central bank for central banks around the world.
... Dispatch continues below ...
ADVERTISEMENT
Craig Hemke at Sprott Money: When 'unallocated' becomes unavailable
Submitted by admin on Tue, 2021-03-23 13:00 Section: Daily Dispatches1p ET Tuesday, March 23, 2021
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing today at Sprott Money, reminds everyone that the worldwide scheme of governments and central banks to suppress monetary metals prices can be beaten only if investors shun derivatives and "unallocated" metal and take delivery of the metal they think they own.
Hemke's analysis is headlined "When 'Unallocated' Becomes Unavailable" and it's posted at Sprott Money here:
IMF considers issuing $650 billion in reserves
Submitted by admin on Tue, 2021-03-23 12:22 Section: Daily DispatchesBy Eric Martin and Saleha Mohsin
Bloomberg News
Tuesday, March 23, 2021
The International Monetary Fund is considering a plan to create as much as $650 billion in additional reserve assets to help developing economies cope with the pandemic, with an eye on making a decision next month, according to two people familiar with the plan.
Russia's top diplomat starts China visit with call to reduce U.S. dollar use
Submitted by admin on Tue, 2021-03-23 11:32 Section: Daily DispatchesBy Gabrielle Tetrault-Farber and Andrew Osborn
Reuters
Tuesday, March 23, 2021
MOSCOW -- Russian Foreign Minister Sergei Lavrov today began a visit to China with a call for Moscow and Beijing to reduce their dependence on the U.S. dollar and Western payment systems to push back against what he called the West's ideological agenda.
Lavrov, on a two-day visit to China, is expected to hold talks with his Chinese counterpart at a time when both countries' ties with the administration of U.S. President Joe Biden are badly strained.
Pages
