Sunken galleon's gold has probably been hypothecated already

Section:

Spanish Galleon Laden with L13 billion in Gold Found at Bottom of Caribbean Sea, 300 Years after Sinking

By Chris Baynes
The Independent, London
Wednesday, May 23, 2018

U.S. scientists found a Spanish galleon laden with treasure worth up to L12.6 billion at the bottom of the Caribbean Sea, more than 300 years after it sank.

Craig Hemke at Sprott Money: Looking forward to gold's next rally

Section:

3:43p ET Tuesday, May 22, 2018

Dear Friend of GATA and Gold:

If the "wash-rinse-repeat" cycle played in the gold futures market by the market-rigging bullion banks against lesser traders is still operating, the TF Metals Report's Craig Hemke writes at Sprott Money today, a strong rally in gold is just about a week away.

New book, 'American Default,' examines dollar devaluation, gold confiscation of 1933

Section:

2:49p ET Tuesday, May 22, 2018

Dear Friend of GATA and Gold:

Bloomberg News today begins publishing a four-part excerpt from a new book about the U.S. government's devaluation of the dollar, repudiation of debt, and confiscation of monetary gold in 1933.

Bullion Star's gold market charts suggest demand remains strong

Section:

8:50p ET Monday, May 21, 2018

Dear Friend of GATA and Gold:

Bullion Star's latest gold market charts suggest that despite gold's recent decline in U.S. dollars, gold demand remains strong in China, Russia, and Switzerland. Bullion Star's report is headlined "Gold Market Charts -- May 2018" and it's posted here:

J.S. Kim: Gold promotions impede exposure of manipulation

Section:

2:20p ET Monday, May 21, 2018

Dear Friend of GATA and Gold:

Promotions for gold and silver that scream that prices are going to explode imminently are hurting efforts to tell the world the truth about the monetary metals and especially about the manipulation of their markets by central banks, J.S. Kim of Smart Knowledge U writes today.

Forget about oil at $80, because the big rally is in forward prices

Section:

By Catherine Ngai, Alex Longley, and Javier Blas
Bloomberg News
Monday, May 21, 2018

Brent crude oil grabbed all the attention after spot prices hit $80 a barrel last week. And yet, almost unnoticed, a perhaps more important rally has occurred in the obscure world of forward prices, with some investors betting the "lower for longer" price mantra is all but over.

Eswar Prasad: America, beware -- Dollar supremacy is not forever

Section:

By Eswar Prasad
Financial Times, London
Sunday, May 20, 2018

https://www.ft.com/content/3d4d1190-5931-11e8-806a-808d194ffb75

Gold frequently disappoints Jim Grant, but does he understand why?

Section:

10:46a ET Saturday, May 19, 2018

Dear Friend of GATA and Gold:

Reihan Salam: The downside of the dollar's reserve-currency status

Section:

By Reihan Salam
National Review, New York
Thursday, May 17, 2018

https://www.nationalreview.com/corner/dollar-reserve-currency-status-dow...

Ambrose Evans-Pritchard: Italy's insurgents enrage Germany and risk ECB payment freeze

Section:

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, May 17, 2018

https://www.telegraph.co.uk/business/2018/05/17/italys-insurgents-enrage...