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Daily Dispatches
As trade war heats up, biggest currency whales make their move
Submitted by cpowell on Tue, 2018-03-27 20:58 Section: Daily DispatchesBy Katherine Greifeld
Bloomberg News
Monday, March 26, 2018
For the first time in a decade, the world's central banks are looking beyond the dollar to build their currency reserves.
No, GATA never took Russian central banker or Greenspan out of context
Submitted by cpowell on Tue, 2018-03-27 10:32 Section: Daily Dispatches10:39p Tuesday, March 27, 2018
Dear Friend of GATA and Gold:
In commentary posted today at GoldSeek, headlined "GATA Is at It Again" --
Clint Siegner: Mine production may decline but there's still plenty of 'paper gold'
Submitted by cpowell on Tue, 2018-03-27 00:56 Section: Daily Dispatches12:56p SST Tuesday, March 27, 2018
Dear Friend of GATA and Gold:
Annual world gold production seems to be about to decline, Clint Siegner of Money Metals Exchange writes this week, but there's never any shortage of "paper gold," claims to gold that may not exist.
China's oil futures launch may threaten dollar's primacy, UBS analyst says
Submitted by cpowell on Mon, 2018-03-26 21:20 Section: Daily DispatchesBy Kate Duguid
Reuters
Monday, March 26, 2018
NEW YORK -- China's launch of its crude futures exchange today will improve the clout of the yuan in financial markets and could threaten the international primacy of the dollar, argues a new report by Hayden Briscoe, APAC head of fixed income at UBS Asset Management.
China's attempts to supplant dollar face historic difficulties
Submitted by cpowell on Mon, 2018-03-26 11:09 Section: Daily DispatchesBy Mike Bird
The Wall Street Journal
Monday, March 26, 2018
https://www.wsj.com/articles/chinas-attempts-to-supplant-dollar-face-his...
The world's first yuan-denominated oil contracts launched today, as part of China's drive to turn its currency into a global force in markets.
West Virginia congressman introduces gold standard legislation ...
Submitted by cpowell on Sun, 2018-03-25 21:08 Section: Daily Dispatches... and The Wall Street Journal actually lets him publicize it.
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Steel and Aluminum? Let's Talk About Gold
How Fiat Money Hurts My West Virginia Constituents
By U.S. Rep. Alex X. Mooney
The Wall Street Journal
Sunday, March 25, 2018
https://www.wsj.com/articles/steel-and-aluminum-lets-talk-about-gold-152...
Ed Steer: A stunning silver CoT report, one for the ages
Submitted by cpowell on Sat, 2018-03-24 22:51 Section: Daily Dispatches9:50a ICT Sunday, March 25, 2018
Dear Friend of GATA and Gold:
In his Gold and Silver Digest letter for Saturday, GATA board member Ed Steer reports that the positioning of traders in the silver futures market in the United States has become extraordinarily bullish, the big commercial traders having drastically reduced their short positions.
China signals it could ease Treasury purchases to counter Trump
Submitted by cpowell on Fri, 2018-03-23 22:49 Section: Daily DispatchesBy Andrew Mayada
Bloomberg News
Friday, March 23, 2018
China's ambassador to the U.S. wouldn't rule out the possibility of the Asian nation scaling back purchases of Treasuries in response to tariffs imposed by President Donald Trump.
Crypto has just found a friendly island in the sun
Submitted by cpowell on Fri, 2018-03-23 06:27 Section: Daily DispatchesBy Yuji Nakamura
Bloomberg News
Friday, March 23, 2018
Binance, the world's largest cryptocurrency exchange by traded value, is seeking a fresh start in the Mediterranean.
Venezuela knocks three zeros off ailing currency amid hyperinflation
Submitted by cpowell on Fri, 2018-03-23 06:20 Section: Daily DispatchesBy Corina Pons and Deisy Buitrago
Reuters
Thursday, March 22, 2018
CARACAS, Venezuela -- Venezuela's President Nicolas Maduro ordered a re-denomination of the ailing bolivar currency today by knocking three zeroes off amid hyperinflation and a crippling economic crisis.
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