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Daily Dispatches
Craig Hemke at Sprott Money: Fed policy shift to negative rates, more inflation is boosting metals
Submitted by cpowell on Tue, 2020-07-21 22:08 Section: Daily Dispatches10:10a 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
Submitted by cpowell on Tue, 2020-07-21 21:58 Section: Daily Dispatches9:57p 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.
Profit from mining shares and help GATA -- subscribe to The Calandra Report
Submitted by cpowell on Tue, 2020-07-21 21:52 Section: Daily Dispatches9:52p ET Tuesday, July 22, 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.
Trump's pro-gold nominee moves closer to landing Fed seat
Submitted by cpowell on Tue, 2020-07-21 21:37 Section: Daily DispatchesBy Victoria Guida
Politico, Washington
Tuesday, July 21, 2020
Judy Shelton, the controversial Federal Reserve nominee who long advocated for a return to the gold standard and once questioned the basis for the Fed’s independence from political influence, is one step closer to a seat on the central bank’s board.
Nobody wants to go short in silver, GoldMoney's Macleod tells KWN
Submitted by cpowell on Tue, 2020-07-21 12:09 Section: Daily Dispatches12:05p ET Tuesday, July 21, 2020
Dear Friend of GATA and Gold:
Interviewed today by King World News, GoldMoney research director Alasdair Macleod sees a short squeeze in gold and great reluctance among bullion banks to go short in silver. The interview can be read here:
https://kingworldnews.com/this-is-the-real-reason-why-silver-is-up-over-...
Super-rich Russian battles Chinese rival in hunt for African gold
Submitted by cpowell on Tue, 2020-07-21 11:41 Section: Daily DispatchesBy Tim Treadgold
Forbes, New York
Monday, July 20, 2020
If anyone doubts the universal lure of gold as its price nears an all-time high, then consider a China vs. Russia takeover battle for an African gold deposit controlled by an Australian mining company.
Bloomberg News won't disrupt Fed with critical questions and fears Shelton would
Submitted by cpowell on Tue, 2020-07-21 11:26 Section: Daily DispatchesHerewith a news organization that has never put a critical question to the Federal Reserve Board, nor, for that matter, to the U.S. Commodity Futures Trading Commission, opposes a Fed nominee because of the risk that she would do what journalism has failed to do.
* * *
The Fed Doesn't Need This Kind of Disruption
An Editorial, Bloomberg News
Tuesday, July 21, 2020
Monetary metals advocate David Tice interviewed for Kinesis Money by Andrew Maguire
Submitted by cpowell on Mon, 2020-07-20 23:43 Section: Daily Dispatches11:40p ET Monday, July 20, 2020
Dear Friend of GATA and Gold:
Profit from mining shares and help GATA -- subscribe to The Calandra Report
Submitted by cpowell on Sun, 2020-07-19 11:58 Section: Daily Dispatches11:58a Sunday, July 19, 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.
The Calandra Report emphasizes junior gold and silver mining companies.
Alasdair Macleod: The pound's future in a dollar collapse
Submitted by cpowell on Sun, 2020-07-19 11:48 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Friday, July 15, 2020
In recent articles for Goldmoney I have pointed out the dollar's vulnerability to a final collapse in its purchasing power. This article focuses on the factors that will determine the future for sterling.