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Daily Dispatches
Venezuela files claim to force Bank of England to hand over gold
Submitted by cpowell on Tue, 2020-05-19 21:12 Section: Daily DispatchesBy Mayela Arms and Corina Pons
Reuters
Tuesday, May 19, 2020
CARACAS -- Venezuela's central bank has made a legal claim to try to force the Bank of England to hand over E930 million ($1.02 billion) of gold so President Nicolas Maduro's government can fund its coronavirus response, according to the document submitted in a London court.
Pam and Russ Martens: Fed's chair and vice-chair got rich at Carlyle Group
Submitted by cpowell on Mon, 2020-05-18 13:10 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, May 18, 2020
Ted Butler: What matters most in gold and silver
Submitted by cpowell on Mon, 2020-05-18 11:08 Section: Daily Dispatches11a ET Monday, May 18, 2020
Dear Friend of GATA and Gold (and Silver):
Help GATA by subscribing to the Deepcaster market letter
Submitted by cpowell on Mon, 2020-05-18 10:47 Section: Daily Dispatches10:47a Monday, May 18, 2020
Dear Friend of GATA and Gold:
The weekly Deepcaster letter of investment and geopolitical intelligence, whose market analysis long has publicized GATA's research, has a special offer for GATA and its supporters.
Billy Bambrough: The U.S. just destroyed a potential dollar rival -- Is bitcoin next?
Submitted by cpowell on Mon, 2020-05-18 00:40 Section: Daily DispatchesBy Billy Bambrough
Forbes.com, Jersey City, New Jersey
Sunday, May 17, 2020
The U.S. Federal Reserve and President Donald Trump are fearful of challengers to the almighty dollar.
Hedge fund luminaries are lining up behind gold again
Submitted by cpowell on Sun, 2020-05-17 10:57 Section: Daily DispatchesBy Jack Farchy, Nishant Kumar, and Ranjeetha Pakiam
Bloomberg News
Sunday, May 17, 2020
Forget plunging oil prices and a collapse in consumer spending. Some of the most-prominent investors are raising alarm bells over the looming threat of inflation, and turning to gold for protection.
Dubai's historic gold souk shines again after lockdown
Submitted by cpowell on Sun, 2020-05-17 10:51 Section: Daily DispatchesFrom Gulf Today, Sharjah, United Arab Emirates
Saturday, May 16, 2020
DUBAI, United Arab Emirates -- Evening dresses made of gold mesh, gilded sunglasses, and glittering crowns are sparkling again from the windows of Dubai's historic gold souk, which was shuttered during the coronavirus lockdown.
One important element is still missing -- customers.
Monetary metals will soar as currencies are printed to oblivion, Macleod tells KWN
Submitted by cpowell on Sat, 2020-05-16 11:07 Section: Daily Dispatches11:11a ET Saturday, May 16, 2020
Dear Friend of GATA and Gold:
March saw biggest drop in foreigners' Treasury pile this century
Submitted by cpowell on Fri, 2020-05-15 23:11 Section: Daily DispatchesBy Emily Barrett and Elizabeth Stanton
Bloomberg News
Friday, May 15, 2020
Foreign holdings of Treasuries slumped in March by the most this century as pandemic-related global market turmoil sent U.S. debt yields plunging to record lows and volatility surged.
Pandemic bills are so big that only money printing can pay them
Submitted by cpowell on Fri, 2020-05-15 12:34 Section: Daily DispatchesBy Ben Holland, Liz McCormick, and John Ainger
Bloomberg News
Friday, May 15, 2020
Forced into record spending by the threat of another Great Depression, policy makers are blurring the lines between borrowing the money they need and simply creating it.