Dave Kranzler: Is trader positioning in silver futures bullish?

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3p ET Monday, April 9, 2018

Dear Friend of GATA and Gold:

Venezuela's kleptocratic regime gives gold, oil industries to military

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The Bloody Grab for Gold in Venezuela's Most Dangerous Town

By Andrew Rosati
Bloomberg News
Monday, April 9, 2018

In Venezuela's gold capital, national guardsmen block the roads. Military convoys and motorcycles circle while soldiers keep wary watch behind sandbag checkpoints or patrol with faces covered by balaclavas and rifles in hand.

China studies yuan devaluation as tool in trade dispute

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From Bloomberg News
Monday, April 9, 2018

China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country's leaders weigh their options in a trade spat with U.S. President Donald Trump that has roiled financial markets worldwide.

Wall Street Raw Radio's Mark Leibovit interviews GATA's Bill Murphy

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11p ET Sunday, April 8, 2018

Dear Friend of GATA and Gold:

Ed Steer: Another superb CoT report for silver

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6:30p ET Sunday, April 8, 2018

Dear Friend of GATA and Gold:

GATA board member Ed Steer's Gold & Silver Digest letter for Saturday, "Another Superb CoT Report for Silver," has been posted in the clear at GoldSeek here:

http://news.goldseek.com/GoldSeek/1523190360.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


Cryptocurrency traders use old gold in drive to draw Islamic investors

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By Andrew Torchia and Bernardo Vizcaino
Reuters
Sunday, April 8, 2018

In Dubai's decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the region's top center for gold trade, bullion is playing a new role in financial engineering.

China's forex reserves rise slightly as U.S. dollar weakness continues

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From Reuters
Saturday, April 7, 2018

BEIJING -- China's foreign exchange reserves rose slightly in March as broad U.S. dollar weakness continued and escalating trade tensions between the world's two largest economies bolstered expectations of a firmer Chinese currency.

Ambrose Evans-Pritchard: China's dumping Treasuries won't win the trade war

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By Ambrose Evans-Pritchard
The Telegraph, London
via The Sydney Morning Herald
Saturday, April 7, 2018

https://www.smh.com.au/business/investments/china-has-the-financial-arse...

China's leaders must be sorely tempted to activate the "nuclear option" and punish the capitalist running dog, the tango dancer in the White House.

Indian and Pakistani central banks clamp down on cryptocurrencies

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They hate competitive forms of money more than they hate each other. Maybe that's progress of a sort.

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By Abhirup Roy and Devidutta Tripathy
Reuters
Friday, April 6, 2018

MUMBAI, India -- India's central bank today barred banks from having any links to virtual currency dealers, slashing the prices of bitcoin and other crypto-currencies on local exchanges.

Ambrose Evans-Pritchard: Trump's power struggle with China isn't about trade

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By Ambrose Evans-Pritchard
The Telegraph, London
via Gulf News, Dubai
Friday, April 6, 2018

U.S. Dresident Donald Trump's declaration of tariff warfare against China has little to do with trade. It is about raw power, a struggle over which of the two sparring hegemons will dominate technology and run the world in the 21st century.