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Daily Dispatches
Russian oil firm seeks alternative to dollars, Reuters says
Submitted by cpowell on Wed, 2018-09-19 15:17 Section: Daily DispatchesBy Gleb Gorodyankin and Olga Yagova
Reuters
Wednesday, September 19, 2018
MOSCOW -- Russian oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as insurance against possible tougher U.S. sanctions, traders who deal with the firm told Reuters.
... Dispatch continues below ...
China's premier insists it's not devaluing the yuan
Submitted by cpowell on Wed, 2018-09-19 10:34 Section: Daily DispatchesChina Won't Devalue Yuan to Boost Exports, Premier Li Says
From Bloomberg News
Tuesday, September 18, 2018
Hours after China and the U.S. announced their latest tariff salvos in the escalating trade war, Chinese Premier Li Keqiang said the nation wouldn't devalue its currency to make its exports more competitive.
Zimbabwe miner may pay suppliers in gold amid national cash shortage
Submitted by cpowell on Wed, 2018-09-19 00:03 Section: Daily DispatchesAnother rich country insisting on being poor instead of digging its own money out of its own ground.
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Metallon May Pay Suppliers in Gold Amid Zimbabwe Cash Shortage
By Godfrey Marawanyika
Bloomberg News
Tuesday, September 18, 2018
Stefan Gleason: Trump's back-door power play to rein in the Fed
Submitted by cpowell on Tue, 2018-09-18 16:45 Section: Daily DispatchesBy Stefan Gleason
Money Metals News Service
Tuesday, September 18, 2018
"Just run the presses -- print money."
That's what President Donald Trump supposedly instructed his former chief economic adviser, Gary Cohn, to do in response to the budget deficit. The quote appears in Bob Woodward's controversial book "Fear: Trump in the White House."
Craig Hemke at Sprott Money: Trade wars, tariffs, and the peg
Submitted by cpowell on Tue, 2018-09-18 14:43 Section: Daily Dispatches2:47p ET Tuesday, September 18, 2018
Dear Friend of GATA and Gold:
Ted Butler: Is the COT report still valid?
Submitted by cpowell on Mon, 2018-09-17 13:43 Section: Daily Dispatches2:02p ET Monday, September 17, 2018
Dear Friend of GATA and Gold:
Silver market analyst and rigging critic Ted Butler today explains why, despite the extreme conditions it reflects, he believes that the gold and silver futures market trader positioning data reported by the U.S. Commodity Futures Trading Commission is still accurate and predictive.
South African unions sign three-year contract with AngloGold
Submitted by cpowell on Mon, 2018-09-17 10:25 Section: Daily DispatchesBy Paul Burkhardt
Bloomberg News
Monday, September 17, 2018
Labor groups representing more than 60 percent of workers at AngloGold Ashanti Ltd., a major South African gold producer, signed a three-year wage deal with the company.
Shanghai Gold Exchange begins trading Chinese panda gold coins
Submitted by cpowell on Mon, 2018-09-17 10:05 Section: Daily DispatchesBy Ronan Manly
Bullion Star, Singapore
Monday, September 17, 2018
Barrick increasingly seems to be a Chinese tool
Submitted by cpowell on Sat, 2018-09-15 23:07 Section: Daily DispatchesBarrick Gold Seeks Chinese Partners, May Slash Headcount, Globe and Mail Says
By Natalie Obiko Pearson
Bloombrg News
Saturday, September 15, 2018
https://www.bloomberg.com/news/articles/2018-09-15/barrick-gold-seeks-ch...
Join GATA in New Orleans in November and you can't lose
Submitted by cpowell on Sat, 2018-09-15 11:06 Section: Daily Dispatches11:10a ET Saturday, September 15, 2018
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and your secretary/treasurer will be speaking again this year at the New Orleans Investment Conference, and if you register to attend the conference through GATA, the conference will generously pay us a commission that will help keep the organization going.
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