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Daily Dispatches
Alasdair Macleod: Keynesians go all in
Submitted by cpowell on Thu, 2021-01-21 16:20 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, January 21, 2021
Mainstream economists are celebrating Joe Biden’s election as U.S. president. For Keynesians, the outlook is for a reaffirmation of economic management by the state, and of reflationary monetary policies to restore economic growth, following the damage caused by covid lockdowns.
New chief of U.S. Exchange Stabilization Fund condemns currency manipulation
Submitted by cpowell on Tue, 2021-01-19 22:40 Section: Daily DispatchesNo one seems to have asked her what the Treasury Department's Exchange Stabilization Fund is for if not currency manipulation, nor why more than $600 billion was added to it a few weeks ago unless more currency manipulation was contemplated. Such is American politics, and such is financial journalism.
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Janet Yellen Vows to Take Hard Line Against Currency Manipulation
Hugo Salinas Price: The coming gold rush
Submitted by cpowell on Tue, 2021-01-19 21:24 Section: Daily Dispatches9:20p ET Tuesday, January 19, 2021
Dear Friend of GATA and Gold:
Hugo Salinas Price, president of the Mexican Civic Association for Silver, tonight notes that no amount of "not-for-profit" selling of masses of gold futures contracts can prompt the analysts of Kitco.com to acknowledge that governments are desperately trying to suppress the price of the monetary metal.
Pam and Russ Martens: Yellen is set to inherit a lot of power, thanks to stealthy changes in law
Submitted by cpowell on Mon, 2021-01-18 11:38 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Monday, January 18, 2021
Yellen to make clear U.S. doesn't seek weak dollar
Submitted by cpowell on Sun, 2021-01-17 21:24 Section: Daily DispatchesBy Kate Davidson
The Wall Street Journal
Sunday, January 17, 2021
WASHINGTON -- Janet Yellen is expected to affirm the United States' commitment to market-determined exchange rates when she testifies on Capitol Hill Tuesday, and she will make clear the U.S. doesn't seek a weaker dollar for competitive advantage, according to Biden transition officials familiar with her hearing preparation.
Ronan Manly: The staggering levels of real 'inflation-adjusted' gold and silver prices
Submitted by cpowell on Sun, 2021-01-17 20:06 Section: Daily Dispatches8:07p ET Sunday, January 17, 2021
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly reports tonight that if gold and silver prices had kept pace with real inflation, disregarding the sham calculations long used by the U.S. Bureau of Labor Statistics, the gold price would be nearly $21,000 and the silver price nearly $1,000.
GATA Chairman Murphy and gold investor Joe Grande interviewed by Arcadia Economics
Submitted by cpowell on Sun, 2021-01-17 13:13 Section: Daily Dispatches1:13p ET Sunday, January 17, 2021
Dear Friend of GATA and Gold:
Canaccord Genuity portfolio manager acknowledges gold price suppression
Submitted by cpowell on Sun, 2021-01-17 11:13 Section: Daily Dispatches11:16a ET Sunday, January 17, 2021
Dear Friend of GATA and Gold:
Has any executive at the big Canadian investment house, Canaccord Genuity in Vancouver, ever publicly acknowledged gold price manipulation and suppression? We don't recall any, but there is one now.
EU plans to limit U.S. dollar reliance and boost euro
Submitted by cpowell on Sat, 2021-01-16 16:06 Section: Daily DispatchesBy Kit Rees and Viktoria Dendrinou
Bloomberg News
Saturday, January 16, 2021
The European Union has set out plans to strengthen the international role of the euro as it seeks to erode the dominance on the U.S. dollar and lessen the bloc's vulnerability to financial risks, including U.S. sanctions.
Henry Mance: Help! Anyone remember my bitcoin password?
Submitted by cpowell on Fri, 2021-01-15 11:57 Section: Daily DispatchesBy Henry Mance
Financial Times, London
Friday, January 15, 2021
https://www.ft.com/content/c4ed7903-8678-4f4f-ad5e-9048d03ff9a1