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Daily Dispatches
China's central bank officials see bigger global role for yuan as dollar wanes
Submitted by cpowell on Sun, 2020-11-22 11:08 Section: Daily DispatchesBy He Huifeng and Guo Rui
South China Morning Post, Hong Kong
Sunday, November 22, 2020
The Chinese currency is set to play a bigger role in global trade and investment in the wake of the pandemic, with the dominance of the U.S. dollar in the international monetary system expected to decline, two Chinese central bank officials said on the weekend.
Dave Kranzler: Delivery demands won't break Comex but metal removal from vaults will
Submitted by cpowell on Fri, 2020-11-20 18:40 Section: Daily Dispatches6:43p ET Friday, November 20, 2020
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics in Denver writes today that "the price management team" in gold is striving to shake out gold futures longs before what are shaping up to be huge delivery demands on the December Comex contract.
But why should Mnuchin explain missing billions? Mainstream news organizations will never ask
Submitted by cpowell on Fri, 2020-11-20 11:16 Section: Daily DispatchesMnuchin Demands the Return of Emergency Funds from the Fed, without Explaining What He's Been Doing with a Missing $340 Billion
By Pam and Russ Martens
Wall Street on Parade
Friday, November 20, 2020
Dollar loses to euro as payment currency for first time in 7 years
Submitted by cpowell on Fri, 2020-11-20 10:47 Section: Daily DispatchesBy Alexandre Tanzi
Bloomberg News
Wednesday, November 18, 2020
The euro was the most used currency for global payments last month, the first time it has outpaced the dollar since February 2013.
If you like mining shares and GATA, subscribe to The Calandra Report
Submitted by cpowell on Thu, 2020-11-19 19:46 Section: Daily Dispatches7:50p ET Thursday, November 19, 2020
Dear Friend of GATA and Gold:
With gold and silver rebounding strongly from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.
News organizations celebrate after Trump's pro-gold Fed nominee is blocked
Submitted by cpowell on Thu, 2020-11-19 19:45 Section: Daily DispatchesBy Stefan Gleason
Money Metals News Service, Eagle, Idaho
Thursday, November 19, 2020
It was only after he entered politics that President Donald Trump began to fully grasp the bias, dishonesty, and fakeness that runs throughout the so-called mainstream media.
But gold bugs and sound money advocates have long known to distrust the reporting of establishment news sources.
Alasdair Macleod: The global reset scam
Submitted by cpowell on Thu, 2020-11-19 19:30 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, November 18, 2020
This article takes a tilt at increasing speculation about statist global resets, and why plans such as those promoted by the World Economic Forum will fail. Central bank digital currencies will simply run out of time.
Craig Hemke: Vault-busting gold delivery demands face Comex in December
Submitted by cpowell on Thu, 2020-11-19 12:10 Section: Daily Dispatches12:10p ET Thursday, November 19, 2020
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing today at Sprott Money, says the New York Commodities Exchange has delivered more gold in the first 11 months of this year than it delivered in the whole five years between 2015 and 2019.
Zero Hedge: This steadily winning trade suggests central bank intervention
Submitted by cpowell on Thu, 2020-11-19 11:40 Section: Daily Dispatches11:40a ET Thursday, November 19, 2020
Dear Friend of GATA and Gold:
Zero Hedge today presents more powerful evidence suggesting daily intervention in the U.S. stock markets to keep prices elevated. Maybe someone should start an investment fund based on the insight about this intervention.
Equinox Partners' Fieler sees gold and silver miners undervalued and unloved
Submitted by cpowell on Wed, 2020-11-18 14:16 Section: Daily Dispatches2:18p ET Wednesday, November 18, 2020
Dear Friend of GATA and Gold:
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