Daily Dispatches

Dollar falls to 2018 lows as vaccine optimism damps haven demand

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By Ruth Carson and Greg Ritchie
Bloomberg News
Monday, November 23, 2020

The dollar dropped to a 2 1/2-year low as the prospect of vaccine rollouts added to headwinds for the world's reserve currency.

Brian Chappatta: The Fed put is here to stay

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Fed's ETF Purchases Have Changed Markets Forever

By Brian Chappatta
Bloomberg News
Monday, November 23, 2020

If you like mining shares and GATA, subscribe to The Calandra Report

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12:54p ET Sunday, November 22, 2020

Dear Friend of GATA and Gold:

With gold and silver rebounding strongly from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.

A professor's mistaken disparagement of the gold standard

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12:38p ET Sunday, November 22, 2020

Dear Friend of GATA and Gold:

GATA does not advocate returning currency systems to a gold standard. This organization advocates free and transparent markets for the monetary metals and keeping government out of them.

China's central bank officials see bigger global role for yuan as dollar wanes

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By He Huifeng and Guo Rui
South China Morning Post, Hong Kong
Sunday, November 22, 2020

The Chinese currency is set to play a bigger role in global trade and investment in the wake of the pandemic, with the dominance of the U.S. dollar in the international monetary system expected to decline, two Chinese central bank officials said on the weekend.

Dave Kranzler: Delivery demands won't break Comex but metal removal from vaults will

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6:43p ET Friday, November 20, 2020

Dear Friend of GATA and Gold:

Dave Kranzler of Investment Research Dynamics in Denver writes today that "the price management team" in gold is striving to shake out gold futures longs before what are shaping up to be huge delivery demands on the December Comex contract.

But why should Mnuchin explain missing billions? Mainstream news organizations will never ask

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Mnuchin Demands the Return of Emergency Funds from the Fed, without Explaining What He's Been Doing with a Missing $340 Billion

By Pam and Russ Martens
Wall Street on Parade
Friday, November 20, 2020

Dollar loses to euro as payment currency for first time in 7 years

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By Alexandre Tanzi
Bloomberg News
Wednesday, November 18, 2020

The euro was the most used currency for global payments last month, the first time it has outpaced the dollar since February 2013.

If you like mining shares and GATA, subscribe to The Calandra Report

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7:50p ET Thursday, November 19, 2020

Dear Friend of GATA and Gold:

With gold and silver rebounding strongly from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.

News organizations celebrate after Trump's pro-gold Fed nominee is blocked

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By Stefan Gleason
Money Metals News Service, Eagle, Idaho
Thursday, November 19, 2020

It was only after he entered politics that President Donald Trump began to fully grasp the bias, dishonesty, and fakeness that runs throughout the so-called mainstream media.

But gold bugs and sound money advocates have long known to distrust the reporting of establishment news sources.

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