Daily Dispatches

Venezuela files claim to force Bank of England to hand over gold

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By Mayela Arms and Corina Pons
Reuters
Tuesday, May 19, 2020

CARACAS -- Venezuela's central bank has made a legal claim to try to force the Bank of England to hand over E930 million ($1.02 billion) of gold so President Nicolas Maduro's government can fund its coronavirus response, according to the document submitted in a London court.

Pam and Russ Martens: Fed's chair and vice-chair got rich at Carlyle Group

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By Pam and Russ Martens
Wall Street on Parade
Monday, May 18, 2020

Ted Butler: What matters most in gold and silver

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... Updating the link below ...

11a ET Monday, May 18, 2020

Dear Friend of GATA and Gold (and Silver):

Help GATA by subscribing to the Deepcaster market letter

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10:47a Monday, May 18, 2020

Dear Friend of GATA and Gold:

The weekly Deepcaster letter of investment and geopolitical intelligence, whose market analysis long has publicized GATA's research, has a special offer for GATA and its supporters.

Billy Bambrough: The U.S. just destroyed a potential dollar rival -- Is bitcoin next?

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By Billy Bambrough
Forbes.com, Jersey City, New Jersey
Sunday, May 17, 2020

The U.S. Federal Reserve and President Donald Trump are fearful of challengers to the almighty dollar.

Hedge fund luminaries are lining up behind gold again

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By Jack Farchy, Nishant Kumar, and Ranjeetha Pakiam
Bloomberg News
Sunday, May 17, 2020

Forget plunging oil prices and a collapse in consumer spending. Some of the most-prominent investors are raising alarm bells over the looming threat of inflation, and turning to gold for protection.

Dubai's historic gold souk shines again after lockdown

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From Gulf Today, Sharjah, United Arab Emirates
Saturday, May 16, 2020

DUBAI, United Arab Emirates -- Evening dresses made of gold mesh, gilded sunglasses, and glittering crowns are sparkling again from the windows of Dubai's historic gold souk, which was shuttered during the coronavirus lockdown.

One important element is still missing -- customers.

Monetary metals will soar as currencies are printed to oblivion, Macleod tells KWN

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11:11a ET Saturday, May 16, 2020

Dear Friend of GATA and Gold:

March saw biggest drop in foreigners' Treasury pile this century

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By Emily Barrett and Elizabeth Stanton
Bloomberg News
Friday, May 15, 2020

Foreign holdings of Treasuries slumped in March by the most this century as pandemic-related global market turmoil sent U.S. debt yields plunging to record lows and volatility surged.

Pandemic bills are so big that only money printing can pay them

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By Ben Holland, Liz McCormick, and John Ainger
Bloomberg News
Friday, May 15, 2020

Forced into record spending by the threat of another Great Depression, policy makers are blurring the lines between borrowing the money they need and simply creating it.

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