Daily Dispatches

'We're at Economic War': China Is Playing with Fire in Battle with Trump

By Ambrose Evans-Pritchard
The Telegraph, London
via the Sydney Morning Herald
Friday, August 3, 2018

China's currency slide is moving from benign neglect to something more deliberate. Whether or not you deem it currency warfare, it is playing with political and financial fire.

By Rachelle Krygier
Washington Post
Thursday, August 2, 2018

CARACAS, Venezuela — As hyperinflation spirals toward 1 million percent, Venezuelans are confronting a deepening crisis that is pulverizing their incomes and spreading hunger.

Increasingly, the line between survival and starvation is determined not by having a job or an education, but something else.

4:15p ET Tuesday, July 31, 2018

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly today explains the major gold stock indexes, including the XAU and HUI. But, Manly notes, they're not the only ones. His report is headlined "Spotlight on the HUI and XAU Gold Stock Indexes" and it's posted at Bullion Star here:

By Chris Anstey and Narae Kim
Bloomberg News
Sunday, July 29, 2018

China used to rail against the outsize role of the U.S. dollar. But in a major turnaround, the world's second-biggest economy has started embracing the currency of its larger rival.