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Daily Dispatches

Ed Steer: Another superb CoT report for silver

Section: Daily Dispatches

6:30p ET Sunday, April 8, 2018

Dear Friend of GATA and Gold:

GATA board member Ed Steer's Gold & Silver Digest letter for Saturday, "Another Superb CoT Report for Silver," has been posted in the clear at GoldSeek here:

http://news.goldseek.com/GoldSeek/1523190360.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


Cryptocurrency traders use old gold in drive to draw Islamic investors

Section: Daily Dispatches

By Andrew Torchia and Bernardo Vizcaino
Reuters
Sunday, April 8, 2018

In Dubai's decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the region's top center for gold trade, bullion is playing a new role in financial engineering.

China's forex reserves rise slightly as U.S. dollar weakness continues

Section: Daily Dispatches

From Reuters
Saturday, April 7, 2018

BEIJING -- China's foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued and escalating trade tensions between the world's two largest economies bolstered expectations of a firmer Chinese currency.

Ambrose Evans-Pritchard: China's dumping Treasuries won't win the trade war

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
via The Sydney Morning Herald
Saturday, April 7, 2018

https://www.smh.com.au/business/investments/china-has-the-financial-arse...

China's leaders must be sorely tempted to activate the "nuclear option" and punish the capitalist running dog, the tango dancer in the White House.

Indian and Pakistani central banks clamp down on cryptocurrencies

Section: Daily Dispatches

They hate competitive forms of money more than they hate each other. Maybe that's progress of a sort.

* * *

By Abhirup Roy and Devidutta Tripathy
Reuters
Friday, April 6, 2018

MUMBAI, India -- India's central bank today barred banks from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto-currencies on local exchanges.

Ambrose Evans-Pritchard: Trump's power struggle with China isn't about trade

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
via Gulf News, Dubai
Friday, April 6, 2018

U.S. Dresident Donald Trump's declaration of tariff warfare against China has little to do with trade. It is about raw power, a struggle over which of the two sparring hegemons will dominate technology and run the world in the 21st century.

Allan Flynn: Gold and silver futures were easy targets for spoofers

Section: Daily Dispatches

11:55a HKT Friday, April 6, 2018

Dear Friend of GATA and Gold:

Allan Flynn, who runs the "Comex, We Have a Problem" blog, this week posted a fascinating review of the traders who are the major targets of the recent investigation by the U.S. Justice Department and Commodity Futures Trading Commission of "spoofing" in the monetary metals futures markets.

Alasdair Macleod: Why a dollar collapse is inevitable

Section: Daily Dispatches

10:30a HKT Friday, April 5, 2018

Dear Friend of GATA and Gold:

The export of so many U.S. dollars around the world makes another collapse of the currency inevitable, GoldMoney research director Alasdair Macleod argues in his new commentary.

Koos Jansen: China's secret gold supplier is Singapore

Section: Daily Dispatches

9:40a HKT Friday, April 6, 2018

Dear Friend of GATA and Gold:

India's central bank shuts down crypto-currencies

Section: Daily Dispatches

Your Bank Will Not Allow You to Buy Bitcoins Anymore

By Preeli Motiani
The Times of India, Mumbai
Thursday, April 5, 2018

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