Daily Dispatches

Tanzania's president orders central bank to create gold reserve

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From Agence France-Presse
via The East African, Nairobi, Kenya
Wednesday, January 9, 2019

Tanzanian President John Magufuli today ordered the central bank to create a gold reserve, as he urged the government to better control mineral exports from the country, Africa's fourth largest gold producer.

... Dispatch continues below ...



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1:33p ET Wednesday, January 9, 2019

Dear Friend of GATA and Gold:

USAGold's January letter sees environment supporting gold prices

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12:39p ET Wednesday, January 9, 2019

Dear Friend of GATA and Gold:

USAGold's News & Views newsletter notes that even as two of the three top gold-producing countries are withholding their production for domestic reserves, gold production in the rest of the world is declining and demand is increasing.

Meanwhile financial markets around the world are engulfed by volatility.

Craig Hemke at Sprott Money: The yuan-gold 'peg' in 2019

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5:45p ET Tuesday, January 8, 2019

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing tonight at Sprott Money, re-examines the correlation of gold prices with the Chinese yuan but can't be sure that some entity is tying them together.

Hemke also examines the trends of gold and silver generally and senses that speculators are moving from short to long.

Sven Henrich: Ugly truth is that Fed is propping up the stock market

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By Sven Henrich
MarketWatch, New York
Monday, January 7, 2019

For years critics of U.S. central-bank policy have been dismissed as Negative Nellies, but the ugly truth is staring us in the face: Stock-market advances remain a game of artificial liquidity and central-bank jawboning, not organic growth. And now the jig is up.

Denmark may be first to try a decade of negative interest rates

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By Nick Rigillo
Bloomberg News
Tuesday, January 8, 2019

The world's longest experiment with negative interest rates may end up lasting an entire decade.

Not until 2021 at the earliest will Danes have a chance to see positive rates again, according to Danske Bank. The country's policy rate first dropped below zero in 2012.

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China adds to gold reserves for first time since October 2016

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... Or so they say.

* * *

By Ranjeetha Pakiam
Bloomberg News
Monday, January 7, 2019

https://www.bloomberg.com/news/articles/2019-01-07/china-adds-to-gold-re...

After a hiatus of more than two years, China is adding to its gold reserves again.

Dave Kranzler: Welcome to 2019 -- Declining stocks, falling dollar, and rising gold and silver

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By Dave Kranzler
Investment Research Dynamics, Denver
Monday, January 7, 2019

The stock market has become the United States' sacred cow.

King Report: Manipulations and interventions fight bad fundamentals

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From the King Report
Burr Ridge, Illinois
Monday, January 7, 2019

https://mramseyking.com/king-report

Will the stock index futures manipulators keep trying to offset real sellers?

Will the various interventions continue?

China reports first gold reserve increase in more than two years

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China's Gold Reserves Rise for 1st Time in Over Two Years in December

From Reuters
Monday, January 7, 2019

https://www.reuters.com/article/china-economy-reserves-gold/chinas-gold-...

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