Germany calls for global payments system free of U.S.

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By Guy Chazan
Financial Times, London
Tuesday, August 21, 2018

Germany's foreign minister has called for the creation of a new payments system independent of the United States as a means of rescuing the nuclear deal between Iran and the west that Donald Trump withdrew from in May.

Craig Hemke at Sprott Money: Banks now long gold, short dollar

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10:30a ET Tuesday, August 21, 2018

Dear Friend of GATA and Gold:

Futures market positioning data shows that commercial banks that are largely agents of the Federal Reserve now appear to be long gold, short the U.S. dollar, short bonds, and long volatility, Craig Hemke of the TF Metals Report writes today at Sprott Money.

Come to New Orleans conference with GATA and enjoy a money-back guarantee

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9:43p ET Monday, August 20, 2018

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and your secretary/treasurer will be speaking again this year at the New Orleans Investment Conference, and if you register to attend the conference through GATA, the conference will generously pay us a commission that will help keep the organization going.

Trump's attack on Fed crossed 'red line' for markets, could weaken dollar

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By Patti Domm
CNBC, New York
Monday, August 20, 2018

The dollar fell to the day's lows and could continue to weaken after President Donald Trump said he disagrees with the Fed's decision to raise interest rates and that the Fed should do "what's good for the country."

Trump unhappy with Fed over rates, calls EU and China currency manipulators

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By Jeff Mason and Steve Holland
Reuters
Monday, August 20, 2018

WASHINGTON -- President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.

In protest Turks slice up only one-dollar bills, not twenties

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Turks Destroy Dollars, Break iPhones in Reaction to U.S. Sanctions

From Hurriyet Daily News, Istanbul
Saturday, August 18, 2018

Several Turks have had their share of 15 minutes of fame this week when their videos showing their furious reaction to United States sanctions went viral, as they destroyed dollars and broke their iPhones.

Mike Kosares: Bridging the 'fourth turning' with gold

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4:35p ET Saturday, August 18, 2018

Dear Friend of GATA and Gold:

Venezuela launches crypto-pegged forex rate, devaluing by 96 percent

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From Reuters
Friday, August 17, 2018

CARACAS -- Venezuelan President Nicolas Maduro announced today a single exchange rate and pegged it to his socialist government's petro cryptocurrency, effectively devaluating by 96 percent.

GATA Chairman Murphy explains his organization's struggle

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11:48p ET Friday, August 17, 2018

Dear Friend of GATA and Gold:

Keith Weiner: Bond paying interest in gold would confirm metal's role as money

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6:44p ET Thursday, August 16, 2018

Dear Friend of GATA and Gold:

Keith Weiner, CEO of Monetary Metals in Scottsdale, Arizona, a sort of gold banking house that seeks to increase gold's use in finance, today appeals for signatures on a petition to Nevada's legislature in support of a proposal to authorize state government to issue bonds with interest payable in gold.