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Daily Dispatches
USAGold's 'News & Views' letter for March
Submitted by cpowell on Mon, 2021-03-01 10:40 Section: Daily Dispatches10:41a ET Monday, March 1, 2021
Dear Friend of GATA and Gold:
USAGold's "News & Views" letter for March emphasizes the hugely disproportionate amount of money creation lately and notes that gold bull markets in the past have begun with surges in the money supply.
The letter is posted in the clear at USAGold here:
Food prices are soaring faster than inflation and incomes
Submitted by cpowell on Mon, 2021-03-01 10:08 Section: Daily DispatchesBy Emily Cadman, Deena Shanker, Leslie Patton, and Charlie Wells
Bloomberg News
Sunday, February 28, 2021
Global food prices are going up, and the timing couldn’t be worse.
In Indonesia, tofu is 30% more expensive than it was in December. In Brazil, the price of local mainstay turtle beans is up 54% compared to last January.
Central banks will happily ignore warnings about inflation
Submitted by cpowell on Mon, 2021-03-01 09:51 Section: Daily DispatchesBy Balazs Koranyi, Howard Schneider, Leika Kihara
Reuters
Monday, March 1, 2021
FRANKFURT, Germany -- The biggest central banks will happily live with higher inflation, and investors now aggressively betting on a quicker end to monetary stimulus are all but certain to be proved wrong.
'What happened to gold?' Here's what
Submitted by cpowell on Sun, 2021-02-28 15:30 Section: Daily Dispatches3:37p ET Sunday, February 28, 2021
Dear Friend of GATA and Gold:
Michael Batnick of Ritholtz Wealth Management did a wonderful job with the Friday edition of his market letter, "The Irrelevant Investor," elaborating on the anomalous behavior of the gold price lately.
His analysis was headlined "What Happened to Gold?" and it can be found here:
Dave Kranzler: Why gold and silver?
Submitted by cpowell on Sun, 2021-02-28 14:30 Section: Daily DispatchesBy Dave Kranzler
Investment Research Dynamics, Denver
Sunday, February 28, 2021
The question you'll need to answer for yourself is: What alternatives are there for big investments right now?
Rick Rule retiring from two positions with Sprott, remains director
Submitted by cpowell on Sun, 2021-02-28 13:49 Section: Daily DispatchesCompany Announcement
Friday, February 26, 2021
https://sprott.com/investor-relations/press-releases/sprott-announces-20...
Brazilian central bank intervenes as real's slide deepens, down 7% this year
Submitted by cpowell on Sat, 2021-02-27 11:49 Section: Daily DispatchesBy Jamie McGeever
Reuters
Saturday, February 24, 2021
BRASILIA -- Brazil's central bank twice waded into the spot currency market on Friday, selling a total of $1.545 billion as the real slid further against the dollar to cement its status as one of the world's worst-performing currencies this year.
Canadian miners dig deeper in West Africa
Submitted by cpowell on Sat, 2021-02-27 11:40 Section: Daily DispatchesBy Christophe Le Bec, Honore Banda, and Amadou Oury Diallo
The Africa Report, Paris
Thursday, February 25, 2021
In the underexplored and booming gold-mining areas of West Africa, Canadian miners are moving fast to expand their operations.
Nigerian central bank governor suggests naira has been devalued
Submitted by cpowell on Sat, 2021-02-27 10:53 Section: Daily DispatchesBy Anthony Osae-Brown and Tope Alake
Bloomberg News
Saturday, February 27, 2021
Nigeria's central bank governor suggested the nation’s currency has been devalued.
Gold is a powerful weapon both for and against central banking
Submitted by cpowell on Fri, 2021-02-26 11:49 Section: Daily Dispatches11:59a ET Friday, February 25, 2021
Dear Friend of GATA and Gold:
Time for another installment of our occasional feature "Ask a High School Graduate."
Our friend J.S. writes:
London metals trader Andrew Maguire said this week in his interview for Kinesis Money --