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Daily Dispatches
China announces seventh month of adding to gold reserves
Submitted by cpowell on Mon, 2019-07-08 09:17 Section: Daily DispatchesChina's Gold Hoard Swells
By Ranjeetha Pakiam
Bloomberg News
Monday, July 8, 2019
Central banks are going after gold in 2019, boosting holdings as economic growth slows, trade, and geopolitical tensions rise, and some authorities seek to diversify their reserves away from the dollar.
Ronan Manly: Poland joins Hungary with huge gold purchase and repatriation
Submitted by cpowell on Sun, 2019-07-07 21:54 Section: Daily Dispatches9:54p ET Sunday, July 7, 2019
Dear Friend of GATA and Gold:
Poland has vastly increased its gold reserves in the last year and is repatriating at least 100 tonnes of them from the Bank of England, Bullion Star gold researcher Ronan Manly reports tonight.
At KWN von Greyerz notes that gold hasn't kept up with inflation, so will anyone ever ask why?
Submitted by cpowell on Sun, 2019-07-07 20:03 Section: Daily Dispatches8p ET Sunday, July 7, 2019
Dear Friend of GATA and Gold:
New York Sun: The debate over the Fed begins
Submitted by cpowell on Sun, 2019-07-07 17:41 Section: Daily DispatchesFrom the New York Sun
Sunday, July 7, 2019
'Never has a big down day looked better,' but the mainstream media won't tell you
Submitted by cpowell on Fri, 2019-07-05 23:27 Section: Daily Dispatches10:23a ET Saturday, July 6, 2019
Dear Friend of GATA and Gold:
Alasdair Macleod: Broken markets and fragile currencies
Submitted by cpowell on Fri, 2019-07-05 11:53 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Friday, July 5, 2019
There are growing signs that the global economic slowdown is for real.
The myth of the tight U.S. labor market
Submitted by cpowell on Fri, 2019-07-05 11:27 Section: Daily DispatchesBy Lakshman Achuthan and Anirvan Banerji
Bloomberg News
Friday, July 5, 2019
EU officials considering Bank of England's Carney for top IMF job
Submitted by cpowell on Fri, 2019-07-05 11:06 Section: Daily DispatchesBy Simon Kennedy
Bloomberg News
Friday, July 5, 2019
European governments are actively discussing nominating Bank of England Governor Mark Carney as the next head of the International Monetary Fund, according to a person familiar with the matter.
Surprise increase in Indian gold import duty; industry fears surge in smuggling
Submitted by cpowell on Fri, 2019-07-05 10:48 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
Friday, July 5, 2019
MUMBAI, India -- India today raised the import duties on gold and other precious metals in a surprise move that industry officials say could dampen retail demand and boost smuggling in the world's second-biggest bullion consumer.
Lower demand from India could weigh on global prices that are trading near their highest level in six years.
J.P. Koning: How much U.S. currency is held overseas?
Submitted by cpowell on Wed, 2019-07-03 21:42 Section: Daily Dispatches9:42p ET Wednesday, July 3, 2019
Dear Friend of GATA and Gold:
Trying to calculate how many U.S. dollars are circulating outside the United States, Bullion Star monetary historian J.P. Koning deduces that the country's greatest export is simply Federal Reserve notes, and the trade is highly profitable to Americans.
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