You are here
Daily Dispatches
Mike Kosares: Gold ownership is a lifestyle decision as much as a portfolio decision
Submitted by cpowell on Thu, 2018-05-31 15:40 Section: Daily Dispatches3:39p ET Thursday, May 31, 2018
Dear Friend of GATA and Gold:
Gold ownership, USAGold proprietor Mike Kosares writes today, is as much a lifestyle decision as a portfolio decision, more a matter of preserving wealth than making money.
Alasdair Macleod: Gold's monetary rehabilitation
Submitted by cpowell on Thu, 2018-05-31 15:13 Section: Daily Dispatches3:14p ET Thursday, May 31, 2018
Dear Friend of GATA and Gold:
In perhaps his most brilliant essay yet, GoldMoney research chief Alasdair Macleod today notes that the U.S. government's more aggressive use of economic sanctions is pushing the rest of the world away from the U.S. dollar and toward an Asia- and gold-based monetary system.
Chris Marcus: What the London Gold Pool offers about the current gold market
Submitted by cpowell on Thu, 2018-05-31 10:22 Section: Daily Dispatches10:22a ET Thursday, May 31, 2018
Dear Friend of GATA and Gold:
Writing for bullion dealer Miles Franklin, financial analyst Chris Marcus calls attention to a couple of fascinating reports about the London Gold Pool of the 1960s by John Paul Koning. They were published in 2009 at the Mises Institute's internet site.
Incrementum's annual 'In Gold We Trust Report' sees 'the turning of the monetary tides'
Submitted by cpowell on Wed, 2018-05-30 09:01 Section: Daily Dispatches9a ET Wednesday, May 30, 2018
Dear Friend of GATA and Gold:
The annual "In Gold We Trust" report by Incrementum's Ronald-Peter Stoeferle and Mark J. Valek, titled "Gold and the Turning of the Monetary Tides," argues that the world is steadily moving away from a dollar-based financial system and that gold actually has been doing well for many years relative to other currencies.
Finance officials discuss use of Chinese yuan as reserve currency for Africa
Submitted by cpowell on Tue, 2018-05-29 16:45 Section: Daily DispatchesFrom Xinhua News Agency, Beijing
Tuesday, May 29, 2018
HARARE, Zimbabwe -- The Chinese yuan comes under the spotlight today and Wednesday when 17 top central bank and government officials from 14 countries in eastern and southern Africa meet here to discuss its possible use as a reserve currency for the region.
Craig Hemke at Sprott Money: Surging Comex silver deliveries
Submitted by cpowell on Tue, 2018-05-29 16:16 Section: Daily Dispatches4:16p ET Tuesday, May 29, 2018
Dear Friend of GATA and Gold:
FX abuses persist even after $10 billion in fines, traders say
Submitted by cpowell on Tue, 2018-05-29 08:06 Section: Daily DispatchesBy Lananh Nguyen
Bloomberg News
Tuesday, May 29, 2018
Add Andy Maack of Vanguard Group Inc. to the list of a dozen or so executives who say that routine misbehavior in the $5.1 trillion-a-day foreign exchange market persists even after banks paid $10 billion in penalties and a trader was sent to prison.
Former IMF official becomes Italy's interim prime minister
Submitted by cpowell on Mon, 2018-05-28 14:54 Section: Daily DispatchesMarkets Hit as Carlo Cottarelli Named as Italy's New Prime Minister
By James Politi
Financial Times, London
Monday, May 28, 2018
Investors ditched Italian bonds and equities on Monday as Sergio Mattarella, Italy's president, sought to head off political and market tensions by asking Carlo Cottarelli, a former International Monetary Fund official, to run a technocratic government.
Italy's fresh election risks being referendum on euro
Submitted by cpowell on Mon, 2018-05-28 14:24 Section: Daily DispatchesBy Steve Scherer
Reuters
Monday, May 28, 2018
ROME -- The euro looked to have dodged a bullet when Italy's would-be eurosceptic coalition government collapsed at the weekend, but it may turn out to have been the opening salvo in a war over Europe's single currency.
China to host Iran at Shanghai Cooperation Council to help evade U.S. sanctions
Submitted by cpowell on Mon, 2018-05-28 14:08 Section: Daily DispatchesChina to Host Iran to Avoid Project Disruption Amid Nuclear Deal Doubt
From Reuters
Monday, May 28, 2018
BEIJING -- China will host Iranian President Hassan Rouhani next month at a regional summit aimed at avoiding disruption of joint projects, its foreign ministry said today, as major powers scramble to save Iran's nuclear deal after the United States pulled out.
Pages
