You are here
Daily Dispatches
China's FX agency gives details of diversification away from U.S. dollar
Submitted by cpowell on Tue, 2019-07-30 13:21 Section: Daily DispatchesHow are China's foreign-exchange assets safe when most are held in financial instruments that can be frozen or nullified with the push of a button on an adversary's computer keyboard?
* * *
China Has 'Price to Pay' for Cutting U.S. Dollar Share of Forex Reserves, Analysts Say
By Karen Ueung
South China Morning Post, Hong Kong
Tuesday, July 30, 2019
Hugo Salinas Price: The 'Liberty' silver ounce -- its origin and its future
Submitted by cpowell on Tue, 2019-07-30 12:11 Section: Daily Dispatches12:11p ET Tuesday, July 30, 2019
Dear Friend of GATA and Gold:
Ted Butler reports huge buying in silver futures and ETFs
Submitted by cpowell on Tue, 2019-07-30 09:30 Section: Daily Dispatches9:27a ET Tuesday, July 30, 2019
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler, interviewed over last weekend by Dunagun Kaiser for Reluctant Preppers, discusses two extraordinary developments in the silver market:
Agnico Eagle's Boyd: Gold blossoms under low real interest rates
Submitted by cpowell on Mon, 2019-07-29 20:20 Section: Daily DispatchesBy Tyler Clifford
CNBC, New York
Monday, July 29, 2019
Gold is trading at levels it has not seen in years and could be on its way to reaching all-time highs in the near future, the CEO of a Canadian miner told CNBC today.
Gold fever breaks out in new 'bubble game' as Fed prepares a rate cut
Submitted by cpowell on Mon, 2019-07-29 16:43 Section: Daily DispatchesBy Ksenia Galouchko
Bloomberg News
Monday, July 39, 2019
A top-ranked strategist at Societe Generale has a plan for clients fretting that a fresh wave of monetary easing will fan a bubble across assets.
Glint says its credit card lets you spend gold like money
Submitted by cpowell on Mon, 2019-07-29 16:06 Section: Daily DispatchesBy James Leggate
Fox Business, New York
Monday, July 29, 2019
A new debit card allows users to spend their gold like dollars.
U.K. fintech company Glint launched its debit card in the U.S. today. It can be used anywhere a Mastercard is accepted. Glint's card and app make gold "an alternative global currency," according to the company.
... Dispatch continues below ...
James Turk at KWN: Debt limit isn't raised -- it's waived for a year
Submitted by cpowell on Mon, 2019-07-29 13:39 Section: Daily Dispatches1:35p ET Monday, July 29, 2019
Dear Friend of GATA and Gold:
Clint Siegner: Like Jeffrey Epstein, bullion banks get sweet deals from the Justice Dept.
Submitted by cpowell on Mon, 2019-07-29 12:51 Section: Daily DispatchesLike Jeffrey Epstein, bullion banks get sweet deals from the Justice Department
By Clint Siegner
Money Metals Exchange, Eagle, Idaho
Monday, July 29, 2019
First, a bank’s commodities trading department takes metals investors for a ride like unwitting victims in the back of Jeffrey Epstein’s “Lolita Express.”
Michael Hudson: After negative rates, devaluation and a savings meltdown
Submitted by cpowell on Mon, 2019-07-29 11:10 Section: Daily Dispatches11:08a ET Monday, July 29, 2019
Dear Friend of GATA and Gold:
Economics professor Michael Hudson's latest essay, copied below from his internet site, acknowledges that the Federal Reserve is manipulating both equity prices and gold prices by using the futures markets.
Five banks face civil lawsuit in London over forex dealing
Submitted by cpowell on Mon, 2019-07-29 10:40 Section: Daily DispatchesBy Eva Szalay and Jane Croft
Financial Times, London
Monday, July 29, 2019
Pages
