Daily Dispatches

By Frik Els
Mining.com, Vancouver, British Columbia, Canada
Tuesday, April 4, 2023

Gold was off to the races today, easily clearing $2,000 an ounce with many pundits saying a new record high could be reached in weeks if not days.

A chartbook released on Tuesday (ahead of the day's action in New York) by Merk Investments, an investment advisor and manager of ASA Gold and Precious Metals (NYSE:ASA), a closed-end investment fund established in 1958, includes two long-term charts that show the disconnect between gold mining stocks and the bullion price. 

There are 3 Big Reasons Why the Dollar's Dominance Won't Wane Any Time Soon

By Matthew Fox
Insider.com, New York
Wednesday, April 5, 2023

The U.S. dollar's dominant role as the world's reserve currency is not going to end any time soon, according to a note yesterday from the Carson Group.

Recent agreements between China and Russia, combined with rising tensions between those two countries and the United States, have sparked speculation that the U.S. dollar is going to lose its dominance within the next decade. 

By Pam and Russ Martens
Wall Street on Parade
Wednesday, April 5, 2023

Millions of Americans are beginning to ask themselves: Is the Federal Reserve a competent central bank or a terminally compromised regulator that simply does the bidding of Wall Street's mega-banks to the peril of average Americans and the U.S. economy? 

Millions of other Americans have already made up their minds on this point.

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By Craig Hemke
Sprott Money, Toronto
Tuesday, April 4, 2023

The final leg of the Fed's stool was kicked out from under them Tuesday morning when the latest JOLTS job openings report showed a dramatic slowdown in the U.S. labor market. It's now not a question of "if" the Fed will cut rates, it's a matter of "when".