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Daily Dispatches

Treasury secretary says U.S. will protect dollar's reserve status

Section: Daily Dispatches

'We Want a Stable Dollar,' Treasury Secretary Mnuchin Says

By Mark DeCambre
MarketWatch, New York
Thursday, July 23, 2020

Treasury Secretary Steven Mnuchin says that a stable U.S. dollar is the goal of the Trump administration, while, separately, noting that some froth was percolating in the stock market, which has surged since its coronavirus lows seen in late March.

We're beating the bad guys, so will you help us?

Section: Daily Dispatches

11:07a ET Thursday, July 23, 2020

Dear Friend of GATA and Gold:

While the bad guys -- the government-underwritten riggers of the gold market -- are not going away quietly, they're on the run now, in large part because other governments and investors generally have come to understand the dishonest mechanisms and oppressive purposes of the Western fractional-reserve gold banking system.

Battered U.S. dollar 'hanging by a thread' as virus cases grow

Section: Daily Dispatches

By Gertrude Chavez-Dreyfuss
Reuters
Wednesday, July 22, 2020

NEW YORK -- A steady decline in the dollar has accelerated in recent weeks as a resurgent coronavirus outbreak in the United States and improving economic prospects abroad sour investors on the currency.

Profit with mining shares and help GATA -- subscribe to The Calandra Report

Section: Daily Dispatches

9:58a ET Thursday, July 23, 2020

Dear Friend of GATA and Gold:

With gold and silver straining to break higher and their mining shares already starting to fly, our friend Thom Calandra's financial letter is an ever-more compelling read, and Thom is renewing his generous offer to GATA and to GATA supporters who subscribe.

Foreigners aren't buying into South Africa's gold rally

Section: Daily Dispatches

By Robert Brand and Adelaide Changole
Bloomberg News
Tuesday, July 21, 2020

Not even a record rally can entice foreign investors to South African gold stocks.

Can America cut off China from SWIFT?

Section: Daily Dispatches

By Cissy Zhou
South China Morning Post, Hong Kong
Wednesday, July 22, 2020

Debates continue among Chinese officials and analysts as to whether the United States has the ability and willingness to reduce or even completely cut off China's access to the U.S. dollar system, reflecting uneasiness in Beijing about the potential ramifications of a financial war with Washington.

New York Sun: Avoiding 'price volatility' is no defense for Fed against Shelton

Section: Daily Dispatches

Judy Shelton Gets a Green Light for Vote by Full Senate

From The New York Sun
Tuesday, July 21, 2020

The vote of the Senate Banking Committee to confirm Judy Shelton for a governorship of the Federal Reserve marks an important step in the right direction for our central bank.

Craig Hemke at Sprott Money: Fed policy shift to negative rates, more inflation is boosting metals

Section: Daily Dispatches

10:10a ET Tuesday, July 21, 2020

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, says gold and silver are soaring on the Federal Reserve's new policies of "yield-curve control" -- that is, more suppression of interest rates, even to the point of negative real rates -- combined with higher inflation targets.

At KWN, Turk marvels at silver's blastoff -- investors are remonetizing it

Section: Daily Dispatches

9:57p ET Tuesday, July 21, 2020

Dear Friend of GATA and Gold:

At King World News tonight, GoldMoney founder and GATA consultant James Turk marvels at silver's blastoff today, which seems to be continuing tonight.

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