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...

Italy's insurgent parties want debt forgiveness and exit from EU

Section:

5-Star, League Want ECB to Forgive 250 Billion Euros of Italy Debt: Draft

By Gavin Jones
Reuters
Tuesday, May 15, 2018

ROME -- The anti-establishment 5-Star Movement and far-right League plan to ask the European Central Bank to forgive 250 billion euros ($296 billion) of Italian debt, according to a draft of a coalition program the parties are working on.

Who cares about 'peak gold' until there's 'peak paper'?

Section:

'We're Right at Peak Gold': All Major Deposits Have Been Discovered, Declares Goldcorp Chairman

By Gabriel Friedman
National Post, Toronto
Wednesday, May 16, 2018

As currency crisis worsens, Iranians invest in gold

Section:

From Radio Farda, Washington
(Radio Free Europe / Radio Liberty)
Wednesday, May 16, 2018

Iranians are reportedly investing in gold after the Central Bank of Iran last week issued strict limits on the amount of foreign currency travelers can take out of the country amid a deepening currency crisis.

LBMA suspends Russian precious metals refinery from 'good delivery' lists

Section:

By Peter Hobson
Reuters
Tuesday, May 15, 2018

LONDON -- The London Bullion Market Association said today it had suspended the Ekaterinburg Non-Ferrous Metals Processing Plant from its gold and silver good delivery lists due to "ownership-related issues."

China's holdings of U.S. Treasuries rise to a 5-month high

Section:

By Brendan Murray
Bloomberg News
Tuesday, May 15, 2018

China's holdings of Treasuries rose to a five-month high in March, underscoring the allure of U.S. government debt even amid trade tensions between the world's two largest economies.