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Daily Dispatches
Alasdair Macleod: Inflation roadmap
Submitted by cpowell on Thu, 2020-12-03 19:26 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, December 3, 2020
It is beginning to be obvious that global economic woes extend beyond virus lockdowns and that monetary inflation for the dollar, as the common foundation for other fiat currencies whose issuers face similar problems, will continue to accelerate.
Jan Nieuwenhuijs: Uzbekistan is putting gold into circulation as money
Submitted by cpowell on Thu, 2020-12-03 11:10 Section: Daily Dispatches11:13a ET Thursday, December 3, 2020
Dear Friend of GATA and Gold:
Craig Hemke at Sprott Money: Time for an upward turn in gold
Submitted by cpowell on Wed, 2020-12-02 19:25 Section: Daily Dispatches7:26 ET Wednesday, December 2, 2020
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing tonight at Sprott Money, says gold investors should look to the new year with confidence because of these fundamental conditions:
-- A falling U.S. dollar.
-- A record notional amount of negative-yielding debt.
-- Negative real interest rates, as adjusted for inflation.
Morgan's switch on silver foretells price liberation, Ted Butler says
Submitted by cpowell on Wed, 2020-12-02 11:54 Section: Daily Dispatches11:55a ET Wednesday, December 2, 2020
Dear Friend of GATA and Gold:
In an interview with Investment Rarities proprietor Jim Cook, silver market analyst Ted Butler elaborates on his view that JPMorgan Chase's switch from short to long in silver futures foretells the liberation of the monetary metal's price. The interview is posted at SilverSeek here:
If you love mining shares and GATA, subscribe to The Calandra Report
Submitted by cpowell on Wed, 2020-12-02 11:46 Section: Daily Dispatches11:49a ET Wednesday, December 2, 2020
Dear Friend of GATA and Gold:
With gold and silver rebounding from their latest smashdown inspired by the U.S. government, you might be getting the impression that the monetary metals are going to have the last laugh on infinite government money and that mining company profit margins, already getting strong, will get stronger.
Bitcoin's rally spurs Wall Street to question future of gold
Submitted by cpowell on Wed, 2020-12-02 00:20 Section: Daily DispatchesBy Eddie Spence and Yvonne Yue Li
Bloomberg News
Tuesday, December 1, 2020
Bitcoin has shot to a record just as billions of institutional dollars have fled gold.
With dollar falling, metals won't be held down much longer, Turk says
Submitted by cpowell on Tue, 2020-12-01 17:20 Section: Daily Dispatches5:20p ET Tuesday, December 1, 2020
Dear Friend of GATA and Gold:
USAGold: Since 2015 year-end gold selloffs have led to new-year rallies
Submitted by cpowell on Tue, 2020-12-01 13:00 Section: Daily Dispatches1p ET Tuesday, December 1, 2020
Dear Friend of GATA and Gold:
USAGold's "News & Views" letter for December, edited as always by Mike Kosares, may be most interesting for noting that since 2015 year-end selloffs in gold have turned into rallies in the new year. December's "News & Views" is posted in the clear here:
Top ECB official privately called investors, banks after key policy decisions
Submitted by cpowell on Tue, 2020-12-01 12:54 Section: Daily DispatchesBy Tom Fairless and Paul J. Davies
The Wall Street Journal
Tuesday, December 1, 2020
Hugo Salinas Price: No free market in gold, just constant government intervention
Submitted by cpowell on Tue, 2020-12-01 12:43 Section: Daily Dispatches12:40p ET Tuesday, December 1, 2020
Dear Friend of GATA and Gold:
Hugo Salinas Price of the Mexican Civic Association for Silver shows today how "not for profit" selling of gold in the futures market happens constantly and is meant to suppress the monetary metal's price and thereby defend government currencies.