Daily Dispatches

Gold hits record highs in euro, Australian dollar

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12:24p ET Tuesday, August 27, 2019

Dear Friend of GATA and Gold:

GoldCore's Mark O'Byrne reports today that gold has hit record highs in the euro and Australian dollar and a six-year high in the U.S. dollar.

https://news.goldcore.com/gold-steadies-after-surging-to-all-time-record...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

With mining shares soaring, Thom Calandra increases his offer to GATA supporters

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10:35a ET Tuesday, August 27, 2019

Dear Friend of GATA and Gold:

Chinese government newspaper suggests return to gold standard

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10:05a ET Tuesday, August 27, 2019

Dear Friend of GATA and Gold:

The English-language edition of the Chinese government's newspaper Global Times published on Sunday a pretty dispassionate commentary attributed to the Beijing-based public policy research consultancy Anbound (http://www.anbound.com/AboutUS.php) advocating the world's return to a gold standard for currencies.

Stephen Bartholomeusz: U.S. dollar dominance increases risks of an extreme event

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By Stephen Bartholomeusz
Sydney Morning Herald, Australia
Tuesday, August 27, 2019

Gold is soaring because it's a 'very good hedge against currency manipulation'

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By Jonathan Garber
Fox Business, New York
Monday, August 26, 2019

Gold has soared in recent weeks, and it showing no signs of letting up any time soon.

The precious metal was trading near $1,420 an ounce on Aug. 1 but had surged by more than 8% to nearly $1,540 by Monday as the U.S. and China swapped blows in a trade war that seems to heat up, cool down, and heat up again each day.

Central banks just love gold now and it's going to stay that way, ANZ says

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From Bloomberg News
Monday, August 26, 2019

A major gold-buying spree by central banks is likely to persist in the coming years, according to Australia & New Zealand Banking Group Ltd., which flagged the potential for further purchases by nations including China.

China's Zhaojin Mining eyes doubling of gold output via overseas M&A

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By Tom Daly and Shivani Singh
Reuters
Monday, August 26, 2019

BEIJING -- Zhaojin Mining, one of China's biggest gold miners, aims to double production of the precious metal as early as 2024 on the back of overseas acquisitions and may look for deals below $500 million, the head of its international arm says.

Dylan Taylor-Lehman: The curse of the ship of gold

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11:36a ET Sunday, August 25, 2019

Dear Friend of GATA and Gold:

Dave Gonigam: How I discovered that gold and silver market rigging was real, not mere 'conspiracy theory'

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9:31a ET Sunday, August 25, 2019

Dear Friend of GATA and Gold:

This week brought another public conversion to what used to be the tinfoil-hat school of looking at the monetary metals markets -- Agora Financial editor Dave Gonigam.

Powerful, obscure law is basis for Trump 'order' on trade

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By Zeke Miller
Associated Press
Saturday, August 24, 2019

BIARRITZ, France -- President Donald Trump is threatening to use the emergency authority granted by a powerful but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the two nations.

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