Daily Dispatches

1:30p ET Wednesday, August 5, 2020

Dear Friend of GATA and Gold:

Switzerland's population likely has the highest per-capita gold savings rate in the world, with 920 tonnes in private hands and 1,040 tonnes held in Swiss central bank reserves, Voima Goldl researcher Jan Nieuwenhuijs reports this week. Combining the two totals makes 231 grams of gold per capita.

By Saqib Iqbal Ahmed
Reuters
Wednesday, August 5, 2020

NEW YORK -- Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially accelerating what has so far been a slow erosion in the greenback's status as the world's dominant reserve currency.

By Shuli Ren
Bloomberg News
Monday, August 3, 2020

n the past decade, a traditional 60/40 portfolio of stocks and bonds, as represented by the S&P 500 index and long-term government bonds, was a winner. But with U.S. bond yields moving toward zero or even negative territory, it may be time to rethink that mix.

One thought: How about swapping out some bonds for gold?

9:44a ET Saturday, August 1, 2020

Dear Friend of GATA and Gold:

Reviewing the week in gold and silver with Craig Hemke for Sprott Money, mining entrepreneur Eric Sprott says investing increasingly is taking silver that ordinarily would be purchased for industrial use, driving the price up. Physical demand on the New York Commodities Exchange, Sprott says, has become "crazy."