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Daily Dispatches
Frenzy of deals by China's state gold miners may stall on regulatory hurdles from Canada, Australia
Submitted by cpowell on Mon, 2020-07-06 11:12 Section: Daily DispatchesBy Jeff Lewis and Melanie Burton
The Globe and Mail, Toronto
Monday, July 6, 2020
Growing scrutiny by mineral-rich Australia and Canada may cut short a deal frenzy led by China's state miners and limit Beijing's role in gold-sector consolidation, bankers and analysts said.
Gold miners glitter as spot price nears 9-year high
Submitted by cpowell on Mon, 2020-07-06 11:03 Section: Daily DispatchesBy Neil Hume
Financial Times, London
Monday, July 6, 2020
Gold miners' share prices are soaring with the value of the precious metal, while increased dividends are helping push these stocks higher still.
Ronan Manly: Comex gold supplies weren't 'healthy' as claimed
Submitted by cpowell on Mon, 2020-07-06 10:47 Section: Daily Dispatches10:50a ET Monday, July 6, 2020
Dear Friend of GATA and Gold:
Three months ago amid chaos in the gold market, Bullion Star researcher Ronan Manly recalls today, the London Bullion Market Association and CME Group, operator of the New York Commodities Exchange, declared that gold supplies in New York were "healthy."
They weren't.
Interviews with GATA's Bill Murphy, bullion dealer Andy Schectman, and market analyst Michael Oliver
Submitted by cpowell on Sun, 2020-07-05 11:17 Section: Daily Dispatches11:15a ET Sunday, July 5, 2020
Dear Friend of GATA and Gold:
Two interviews of interest today.
At Arcadia Economics, Chris Marcus talks about the prospects for the monetary metals with GATA Chairman Bill Murphy and Andy Schectman of the Miles Franklin bullion shop. The interview is 33 minutes long and can be heard at You Tube here:
Profit in mining shares and help GATA -- subscribe to The Calandra Report
Submitted by cpowell on Sat, 2020-07-04 09:23 Section: Daily Dispatches9:23a ET Saturday, July 4, 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.
Chaos in gold markets ripples to other precious metals
Submitted by cpowell on Sat, 2020-07-04 09:21 Section: Daily Dispatches"Chaos" here seems to mean the conversion of trading paper to trading real metal.
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By Justina Vasquez
Bloomberg News
Friday, July 3, 2020
Alasdair Macleod: Prices are going to rise, and fast
Submitted by cpowell on Fri, 2020-07-03 12:42 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, July 2, 2020
New York Sun: Cutting dollar from gold sparked pernicious changes
Submitted by cpowell on Fri, 2020-07-03 12:20 Section: Daily Dispatches12:19p ET Friday, July 3, 2020
Dear Friend of GATA and Gold:
In its editorial yesterday, the New York Sun elaborated on the premise asserted Wednesday by Voima Gold researcher Jan Nieuwenhuijs --
-- that the U.S. dollar's separation from gold in 1971, birthing the age of infinite money, unleashed pernicious changes for the United States.
Ya' think? Dalio says there are no markets anymore, just interventions
Submitted by cpowell on Fri, 2020-07-03 12:06 Section: Daily Dispatches'Capital Markets Are Not Free': Billionaire Investor Ray Dalio Says the Fed Is Boosting Asset Prices, Valuation Metrics Don't Apply, and the U.S. dollar Is at Risk
By Theron Mohamed
Business Insider, New York
Friday, July 3, 2020
Billionaire investor Ray Dalio warned Thursday in a Bloomberg interview --
Dollar's dominance to slowly melt away over coming year, Reuters poll finds
Submitted by cpowell on Fri, 2020-07-03 11:46 Section: Daily DispatchesBy Rahul Karunakar
Reuters
Wednesday, July 1, 2020
The dollar's dominance will slowly melt away over the coming year on weakening global demand and a sombre U.S. economic outlook, according to a Reuters poll of currency forecasters whose views depend on there being no second coronavirus shock.