Daily Dispatches

6:27p ET Tuesday, April 24, 2018

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly today notes the strategic importance increasingly placed on their gold reserves by Turkey and Russia. Manly's analysis is headlined "Turkey and Russia Highlight Gold's Role as a Strategically Important Asset" and it's posted at Bullion Star here:

6:10p ET Tuesday, April 24, 2018

Dear Friend of GATA and Gold:

GoldSeek has corrected the byline on the essay "Fake Markets Produce a Fake Economy," which GATA called to your attention earlier today and which, it turns out, was written by John Rubino of Dollar Collapse, not Steve Saville of The Speculative Investor:

http://news.goldseek.com/DollarCollapse/1524572994.php

1:20p ET Tuesday, April 24, 2018

Dear Friend of GATA and Gold:

By Tracy Alloway and Sid Verma
Bloomberg News
Tuesday, April 24, 2018

The recent surge in oil prices is poised to boost global assets as crude-producing states deploy replenished stashes of petrodollars, according to a growing chorus of analysts.

8p ET Monday, April 23, 2018

Dear Friend of GATA and Gold:

9:29a ET Saturday, April 21, 2018

Dear Friend of GATA and Gold:

A research report by GoldMoney's Stefan Wieler concludes that "relentless selling pressure in the futures market" has been suppressing silver prices but that the market is on the verge of a breakout. The report is headlined "Silver on the Verge of a Breakout" and it's posted at GoldMoney here:

Russia Entrusts Its Gold to No One, has Zero Bullion in U.S.

From Russia Today, Moscow
Saturday, April 21, 2018

The Central Bank of Russia keeps all its bullion at home, since only in Russia can its gold be completely safe, according to Anatoly Aksakov, the chairman of the State Duma Committee on Financial Markets.

9:06a ET Saturday, April 21, 2018

Dear Friend of GATA and Gold:

Reviewing this week's market action, mining entrepreneur Eric Sprott and Craig Hemke of Sprott Money News discuss the seemingly growing possibility of a short squeeze in the monetary metals. Their discussion is 13 minutes long and can be heard at Sprott Money here:

But isn't that the point of cryptocurrency -- and gold?

* * *

Likely New York Fed President Says Bitcoin 'Doesn't Pass the Basic Test' for a Currency

By Jeff Cox
CNBC, New York
Friday, April 20, 2018

The central banker expected to be the next head of the New York Fed doesn't think much of bitcoin and other cryptocurrencies.

By Rufiz Hafizoglu
Trend News Agency
Baku, Azerbaijan
Thursday, April 19, 2018

https://en.trend.az/business/economy/2889996.html

Turkey's central bank has transferred its gold reserves stored in the U.S. Federal Reserve System to Turkey, Turkish media reported today, citing sources in the government.