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Daily Dispatches
Royal Mint unveils giant L10,000 gold coin
Submitted by admin on Thu, 2021-04-29 12:01 Section: Daily DispatchesFrom the Press Association
via The Guardian, London
Thursday, April 29, 2021
The Royal Mint has produced a 10-kilogram (22-pound) gold coin, the biggest in its 1,100-year history. It took 400 hours to produce the coin -- described by the Mint as a “masterwork” -- including four days of polishing.
The coin has already been sold. The Mint did not give details about the sale or buyer, but said a coin of this calibre and craftsmanship would be priced in the region of six figures.
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USAGold's 'News & Views' letter for May
Submitted by admin on Thu, 2021-04-29 11:55 Section: Daily Dispatches11:55a ET Thursday, April 29, 2021
Dear Friend of GATA and Gold:
USAGold's May "News & Views" letter deals with "preppers" who are wealthy and respectable people and don't wear tinfoil hats, the prospects for silver, China's rebounding appetite for gold, the inadequacy of official inflation data, and more. It's posted in the clear at USAGold here:
Weaponizing the dollar risks duplication of Sterling's decline, study says
Submitted by admin on Thu, 2021-04-29 11:43 Section: Daily DispatchesBy Craig Stirling
Bloomberg News
Thursday, April 29, 2021
U.S. officials leveraging the dollar's dominance as a reserve currency to wield influence should heed the lessons of the Sterling area's decline, according to a newly published study.
The paper, released this month by the Centre for Economic History at Queen's University Belfast, looks at how international monetary leadership can end by chronicling the disintegration of the pound's hold on the global economy in the decades after World War II.
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SEC enforcement chief Alex Oh resigns just days after taking job
Submitted by admin on Wed, 2021-04-28 20:31 Section: Daily DispatchesBy Benjamin Bain and Matt Robinson
Bloomberg News
Wednesday, April 28, 2021
The U.S. Securities and Exchange Commission's new enforcement chief abruptly resigned tpday, citing a complication in a case from her prior legal career, an early and significant setback in Chairman Gary Gensler’s tenure running the Wall Street regulator.
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Stefan Gleason: Are technicals pointing to a new gold rally?
Submitted by admin on Wed, 2021-04-28 19:35 Section: Daily DispatchesBy Stefan Gleason
Money Metals News Service
Money Metals Exchange, Eagle, Idaho
Wedesday, April 28, 2021
Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now.
Many traders, investors, and momentum players will closely examine the market trend to determine if and when to enter or exit the market.
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Pam and Russ Martens: SEC's Gary Gensler picks a 20-year bank defender for his crime chief
Submitted by admin on Wed, 2021-04-28 11:27 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Wednesday, April 28, 2021
The only thing worse than Securities and Exchange Commission Chairman Gary Gensler's pick for director of enforcement at Wall Street's so-called watchdog is the way corporate media is attempting to spin it.
On April 22 Gensler announced that he had appointed Alex Young K. Oh to be his top Wall Street crime fighter.
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Craig Hemke at Sprott Money: The people have the power
Submitted by admin on Tue, 2021-04-27 23:38 Section: Daily Dispatches11:37p ET Tuesday, April 27, 2021
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, reiterates that the only way of putting the fractional-reserve, derivatives-based bullion banking system to the test is for ordinary investors to eschew the system's paper products and take delivery of real metal, thereby vaporizing the imaginary supply.
Hemke's commentary is headlined "The People Have the Power" and it's posted at Sprott Money here:
Russia ditches the dollar in more than half of its exports
Submitted by admin on Mon, 2021-04-26 23:43 Section: Daily DispatchesBy Natasha Doff and Andrey Biryukov
Bloomberg News
Monday, April 26, 2021
The U.S. dollar share of Russian exports dropped below 50% for the first time on record in the fourth quarter following a multi-year Kremlin campaign to reduce the country's vulnerability to U.S. assets.
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USA Gold: Coins and Bullion Since 1973
Pam and Russ Martens: The Fed has misled the public about the 'strength' of the megabanks
Submitted by admin on Mon, 2021-04-26 11:40 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, April 26, 2021
On Wednesday, March 11, 2020, the World Health Organization declared COVID-19 to be a pandemic. From that point on, through March 23, the share price performance of the Standard & Poor's 500 began to diverge dramatically from the share price performance of the megabanks on Wall Street.
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Turkey launches international hunt for cryptocurrency exchange boss
Submitted by admin on Fri, 2021-04-23 21:35 Section: Daily DispatchesFrom the British Broadcasting Co., London
Friday, April 23, 2021
Turkey has issued an international arrest warrant for the founder of a cryptocurrency trading platform.
State media report that Faruk Fatih Ozer fled to Albania with an alleged $2 billion from 391,000 investors.
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