Daily Dispatches

Forget Fed hikes, as traders now are pricing a cut by April 2020

Submitted by cpowell on Thu, 2019-01-03 14:03 Section: Daily Dispatches

By Edward Bolingbroke and Emily Barrett
Bloomberg News
Thursday, January 3, 2019

Bond traders are showing little sign of stepping back from their fight with the Federal Reserve over the path of interest rates and the market is now positioned for cuts on the horizon.

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Ambrose Evans-Pritchard: The euro has failed, threatens democracy, and should be abolished

Submitted by cpowell on Wed, 2019-01-02 21:14 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, January 2, 2019

https://www.telegraph.co.uk/business/2019/01/02/euro-has-failed-threaten...

To be charitable, you could say the euro has proved itself merely by surviving until its 20th birthday this January. That is a low bar.

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Craig Hemke at Sprott Money: Expectations for gold and silver in 2019

Submitted by cpowell on Wed, 2019-01-02 17:27 Section: Daily Dispatches

5:27p ET Wednesday, January 2, 2018

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, argues that economic and political conditions now resemble those of 2010, when gold and silver last enjoyed strong rallies. While bullion banks will keep striving to suppress the monetary metals, Hemke writes, he expects prices to continuing climbing.

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Key Fed yield gauge points to rate cuts for first time since 2008

Submitted by cpowell on Wed, 2019-01-02 09:08 Section: Daily Dispatches

By Gregor Stuart Hunter
Bloomberg News
Wednesday, January 2, 2019

A market indicator watched by the Fed as one of the most accurate gauges of economic health is pricing in lower rates for the first time in more than a decade.

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What if nobody cares about market rigging? Do you?

Submitted by cpowell on Tue, 2019-01-01 16:12 Section: Daily Dispatches

4:21p ET Tuesday, January 1, 2019

Dear Friend of GATA and Gold:

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U.S. Mint's American Eagle 2018 gold, silver coin sales at 11-year lows

Submitted by cpowell on Tue, 2019-01-01 12:52 Section: Daily Dispatches

By Renita D. Young
Reuters
Monday, December 31, 2018

U.S. Mint sales of American Eagle gold and silver coins dropped to their lowest in 11 years during 2018, U.S. Mint data showed Monday, as investors favored higher-yielding assets despite global stock and bond market volatility late in the year.

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Indian government ponders ending hostility to gold

Submitted by cpowell on Tue, 2019-01-01 10:19 Section: Daily Dispatches

New Gold Policy Likely Soon; Looking at All Aspects of Yellow Metal, Commerce Minister Says

From the Press Trust of India
via MoneyControl.com, Mumbai
Thursday, December 27, 2018

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What states are doing to offer more currency competition

Submitted by cpowell on Mon, 2018-12-31 18:20 Section: Daily Dispatches

By J.P. Cortez
Mises Institute, Auburn, Alabama
Saturday, December 29, 2018

The destruction of sound money over the past century stems from actions at the federal level, but there are steps states can take -- and even have already taken -- to move toward real, sound, constitutional money.