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Daily Dispatches

Trump now says strong dollar is good, yet markets beg to differ

Section: Daily Dispatches

By Rich Miller
Bloomberg News
Saturday, April 18, 2020

Just weeks after a surging dollar was causing havoc in world financial markets, President Donald Trump has decided that a muscular U.S. currency is a good thing after all.

"The dollar is very strong," he told a press conference on Friday. "And dollars -- strong dollars are overall very good."

Myrmikan Research's Dan Oliver: Inflation -- good and hard

Section: Daily Dispatches

9:13p ET Saturday, April 18, 2020

Dear Friend of GATA and Gold:

U.S. gold coin mint closes, Swiss gold refineries cut production, but paper and electrons remain ample

Section: Daily Dispatches

10:47p ET Friday, April 17, 2020

Dear Friend of GATA and Gold:

Bullion Star researcher Ronan Manly tonight elaborates on the indefinite suspension of U.S. gold coin production just as demand had become stronger than it had been in years. Manly notes that this follows production cutbacks at the Royal Canadian Mint and the reduction in operations at gold refineries in Switzerland.

Alasdair Macleod: The looming derivatives crisis

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, April 16, 2020

Pam and Russ Martens: Here are the contracts showing how $4.5 trillion in stimulus was outsourced to Wall Street

Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Thursday, April 16, 2020

Bloomberg News has an article up today with the headline: "The Fed Loves Main Street As Much As Wall Street This Time." The article is accompanied with a graphic of Fed Chair Jerome Powell shooting equal amounts of money at Main Street and Wall Street.

Nothing could be further from the truth.

John Kim: Bullion banks hemorrhaging silver on Comex

Section: Daily Dispatches

10:45p ET Wednesday, April 15, 2020

Dear Friend of GATA and Gold:

Financial analyst John Kim reports today that in the first nine days of April bullion banks have been called on to deliver a vastly greater than usual amount of silver against futures contracts sold on the New York Commodities Exchange.

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