Overseas renminbi lending surges as China steps up campaign to de-dollarize
Submitted by admin on Sun, 2025-10-26 11:06 Section: Daily DispatchesBy William Sandlund and Haohsiang Ko
Financial Times, London
Thursday, October 23, 2025
China's overseas lending in renminbi is soaring as Beijing steps up its efforts to expand the currency's role in international finance and reduce the country's exposure to the U.S. dollar.
External renminbi loans, deposits, and bond investments by Chinese banks quadrupled to more than Rmb3.4 trillion ($480 billion) over the past five years, as policymakers more aggressively pursue their long-term goal of reducing the centrality of the dollar in global financial flows.
Jim Rickards: Fringe theories for a faulty financial system
Submitted by admin on Sat, 2025-10-25 11:12 Section: Daily DispatchesBy Jim Rickards
Daily Reckoning, Baltimore
Saturday, October 25, 2025
We're obviously living in tumultuous times. If investors sense they're on a financial roller-coaster, they're right.
Recently I scanned my market tickers and saw that everything was up. Stocks, bonds, gold, silver, the dollar, cryptos and commodities were all advancing. Of course, that didn't last. The next day cryptos crashed and stocks were down sharply. Even gold suffered its worst day in a decade on Tuesday, a day after notching new record highs.
GATA's Steer explains why he thinks sharp rise for silver is inevitable
Submitted by admin on Thu, 2025-10-23 23:04 Section: Daily Dispatches11p ET Thursday, October 23, 2025
Dear Friend of GATA and Gold (and Silver):
Interviewed with Charlotte McLeod of Investing News Network, GATA Board of Directors member Ed Steer, publisher of Ed Steer's Gold and Silver Digest letter, explains why he thinks a sharply rising silver price is inevitable. The short position of the investment banks is too high, he says, and industrial and investment demand is "rapacious."
The interview is 31 minutes long and can be heard at YouTube here:
Stefan Gleason: Wall Street's dollar-centric thinking is a financial killer
Submitted by admin on Thu, 2025-10-23 11:35 Section: Daily DispatchesBy Stefan Gleason
Money Metals Exchange, Eagle, Idaho
Thursday, October 23, 2025
With gold and silver pulling back from their all-time highs over the last few days, the naysayers on Wall Street –- who totally missed the huge rally in both metals since Labor Day -- have boldly declared the top is in.
They further claim the dollar "debasement trade" has ended ... and the U.S. dollar is set to strengthen.
... Dispatch continues below ...
Vince Lanci: The rules of managing the gold market
Submitted by admin on Thu, 2025-10-23 09:14 Section: Daily Dispatches9:13a ET Thursday, October 23, 2025
Dear Friend of GATA and Gold:
Market analyst Vince Lanci has posted some wonderful commentary at his proprietary internet site --
https://vblgoldfix.substack.com/
-- much of which has been reposted by ZeroHedge today. It's headlined "China Calls Gold Bluff, U.S. Pushes Back" and nails the gold story in a section headlined "Rules of a Managed Market."
Those rules are 1) that gold can go up but not too fast and 2) gold must never receive sustained favorable news coverage.
Germany stops commemorative coins because of surging silver price
Submitted by admin on Thu, 2025-10-23 08:55 Section: Daily DispatchesBy Olaf Storbeck
Financial Times, London
Wednesday, October 22, 2025
The German finance ministry has stopped the planned sale of two commemorative coins after the cost of their silver content surpassed their face value.
The unusual step, which affects the issuance over the next three months of a E20 and a E25 coin popular with collectors, highlights the extent of the current rally in precious metals.
... Dispatch continues below ...
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