Timothy Noah: Why does the world put up with the dollar?
Submitted by admin on Mon, 2026-08-10 08:49 Section: Daily DispatchesBy Timothy Noah
The New Republic, New York
Monday, August 10, 2026
The most powerful tool of the American imperium is not, as is generally supposed, its military, but rather its currency.
Other nations (China, India) possess more troops, but none possesses more legal tender. There were 57,000,000,000 dollar-denominated bills in circulation last year. By comparison, euro-denominated bills -- the world's second-most-widely circulated currency, minted not by one nation but by 21—numbered 31,000,000,000.
UK regulator prepares framework for tokenised gold
Submitted by admin on Mon, 2026-08-10 08:15 Section: Daily DispatchesBy Nikou Asgari and Martin Arnold
Financial Times, London
Monday, August 10, 2026
UK regulators are preparing a framework for tokenised gold as part of plans to encourage the digitisation of financial markets and to protect the dominance of London in global bullion trading.
The Financial Conduct Authority has talked to industry members, including big banks, about ways it could regulate tokenised gold in order to encourage growth in the market, according to people familiar with the watchdog's plans.
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Truce between gold miners Barrick and Newmont clears way for IPO
Submitted by admin on Mon, 2026-08-10 08:07 Section: Daily DispatchesBy Leslie Hook
Financial Times, London
Monday, August 10, 2026
Two of the largest gold mining companies, Barrick and Newmont, have agreed to combine some of their biggest mines -- a truce that paves the way for one of the biggest mining IPOs of the year.
The two rivals, which already partner on the Nevada Gold Mines joint venture, had been locked in a dispute as Newmont tried to block Barrick's plans for a separate listing of its North American assets, including the JV.
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Golden asteroid might yet have a place in the Western financial system
Submitted by admin on Sun, 2026-08-09 20:07 Section: Daily DispatchesMoney for nothing and your chicks for free.
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8:13p ET Sunday, August 9. 2026
Dear Friend of GATA and Gold:
Maybe the other day GATA was too quick to endorse the report in Space Daily --
Ed Steer: Silver and gold stocks up +20% on the week
Submitted by admin on Sun, 2026-08-09 16:19 Section: Daily Dispatches4:19p ET Sunday, August 9, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Silver and Gold Stocks Up +20% on the Week" and is posted in the clear at GoldSeek's companion site, SilverSeek, here:
https://silverseek.com/article/silver-gold-stocks-20-percent-week
U.S. sale of euros to prop up yen blindsided ECB
Submitted by admin on Sun, 2026-08-09 10:51 Section: Daily DispatchesBy Olaf Storbeck, Claire Jones, and Kate Duguid
Financial Times, London
Thursday, August 6, 2026
Washington's sale of euros to boost the yen late last week blindsided the European Central Bank, with the U.S. informing its counterparts in Frankfurt only after the historic currency intervention.
The ECB was made aware of the U.S. move to sell euros to buy yen on Friday after the trade had been executed, according to several people familiar with the matter.
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