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Daily Dispatches
Zimbabwe's gold mines lure big investor despite country's economic ruin
Submitted by cpowell on Fri, 2020-07-10 10:24 Section: Daily DispatchesBy Felix Njini and Godfrey Marawanyika
Bloomberg News
Friday, July 10, 2020
Zimbabwe's biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years.
Johannesburg gold stocks slay records as virus bolsters bullion
Submitted by cpowell on Fri, 2020-07-10 10:18 Section: Daily DispatchesBy Adelaide Changole
Bloomberg News
Friday, July 10, 2020
The red-hot rally in gold prices driven by investor concern about the coronavirus pandemic and its impact on the global economy has propelled South African gold stocks to record-slaying highs.
Why 'safe haven' gold and the stock market are now moving the same direction
Submitted by cpowell on Thu, 2020-07-09 22:00 Section: Daily DispatchesBy William Watts
MarketWatch.com, New York
Thursday, July 9, 2020
'Death Cross' strikes U.S. dollar as virus cases grow
Submitted by cpowell on Wed, 2020-07-08 23:04 Section: Daily DispatchesBy Saqib Iqbal Ahmed
Reuters
Wednesday, July 8, 2020
NEW YORK -- A resurgent coronavirus pandemic in the United States and the prospect of improving growth abroad are souring some investors on the dollar, threatening a years-long rally in the currency.
Profit from mining shares and help GATA -- subscribe to The Calandra Report
Submitted by cpowell on Wed, 2020-07-08 11:30 Section: Daily Dispatches11:30a ET Wednesday, July 8, 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.
London metals trader Maguire and GATA consultant Organ discuss collapse of fractional-reserve gold banking system
Submitted by cpowell on Tue, 2020-07-07 22:39 Section: Daily Dispatches10:41p Tuesday, July 7, 2020
Dear Friend of GATA and Gold:
The imminent collapse of the fractional-reserve gold banking system is the primary topic of a discussion between London metals trader and Kinesis Money founder Andrew Maguire and GATA consultant Harvey Organ, a student of the gold and silver markets for 50 years.
They review:
Alasdair Macleod: A potential crisis in Comex gold
Submitted by cpowell on Tue, 2020-07-07 20:30 Section: Daily Dispatches8:30p Tuesday, July 7, 2020
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod writes tonight that it seems increasingly difficult for bullion banks to cover their short positions in gold futures in New York.
Craig Hemke at Sprott Money: Sinking real rates drive gold higher
Submitted by cpowell on Tue, 2020-07-07 19:57 Section: Daily Dispatches7:58p Tuesday, July 7, 2020
Dear Friend of GATA and Gold:
Gold's rising price closely correlates with the trend toward negative real interest rates, the TF Metals Report's Craig Hemke explains today in commentary at Sprott Money.
USAGold's July letter: Gold has had a very good year and it's only half over
Submitted by cpowell on Tue, 2020-07-07 11:46 Section: Daily Dispatches11:46a Tuesday, July 7, 2020
Dear Friend of GATA and Gold:
USAGold's July newsletter, written by proprietor Mike Kosares, notes gold's unusual strength during what are supposed to be its summer doldrums. The newsletter also reports the growing belief in gold's prospects among major investment banks. "Gold," Kosares writes, "has had a very good year and it's only half over."
BMG's Nick Barisheff plans for gold business without Scotiabank
Submitted by cpowell on Mon, 2020-07-06 12:22 Section: Daily Dispatches12:23p ET Monday, July 6, 2020
Dear Friend of GATA and Gold:
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