You are here
Daily Dispatches
Jan Nieuwenhuijs: Since its inception the euro has devalued 85% against gold
Submitted by cpowell on Fri, 2020-04-24 12:17 Section: Daily DispatchesBy Jan Nieuwenhuijs
Voima Gold, Helsinki, Finland
Friday, April 24, 2020
On April 23 the gold price breached E51,000 euros per kilogram for the first time.The gold price in euros has increased by 555 percent since the euro was created in 1999.
Put differently, since inception the euro has lost 85 percent of its value against gold.
... Dispatch continues below ...
Alasdair Macleod: Anatomy of a fiat currency collapse
Submitted by cpowell on Thu, 2020-04-23 21:20 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, April 23, 2020
This article asserts that infinite money-printing is set to destroy fiat currencies far quicker than might be generally thought. This final act of monetary destruction follows a 98% loss of purchasing power for dollars since the London gold pool failed.
Ted Butler: Only market rigging makes silver cheaper than ever relative to gold
Submitted by cpowell on Thu, 2020-04-23 20:19 Section: Daily Dispatches8:18p ET Thursday, April 23, 2020
Dear Friend of GATA and Gold:
Silver, market analyst Ted Butler writes this week, is now cheaper relative to gold than at any time in the five-millennia history of the monetary metals, even as there is less of silver above ground than gold and silver has more and ever-increasing industrial uses.
Lars Schall interviews Jan Nieuwenhuijs: The world is going back to gold
Submitted by cpowell on Thu, 2020-04-23 12:23 Section: Daily DispatchesBy Lars Schall
Thursday, April 23, 2020
Sprott's John Hathaway: Secular gold bull market resumes with force
Submitted by cpowell on Thu, 2020-04-23 11:50 Section: Daily DispatchesBy John Hathaway
Sprott.com, Toronto
Monday, April 20, 2020
GATA supporters have a special connection with The Calandra Report
Submitted by cpowell on Wed, 2020-04-22 12:31 Section: Daily DispatchesSubscribe at a discount this week, gain insights about gold and silver minters, and help GATA.
* * *
12:29p ET Wednesday, April 22, 2020
Dear Friend of GATA and Gold:
Ted Butler: Common sense and the CME Group
Submitted by cpowell on Tue, 2020-04-21 19:50 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Tuesday, April 21, 2020
Monday's spectacular and unprecedented collapse of oil prices is, rightly so, the subject of nonstop commentary. Already considered depressed on Friday's close, at $18.27 per barrel, the he May NYMEX crude oil futures contract, at Monday's official settlement price, had fallen to negative $37.63, down $55.90.
Craig Hemke at Sprott Money: Oil went no bid, so can gold go no offer?
Submitted by cpowell on Tue, 2020-04-21 17:26 Section: Daily Dispatches5:20p ET Tuesday, April 21, 2020
Dear Friend of GATA and Gold:
Gold to reach $3,000, or 50% above its record, Bank of America says
Submitted by cpowell on Tue, 2020-04-21 14:35 Section: Daily DispatchesCan't print gold? Central banks have been printing paper gold for decades!
* * *
By Elena Mazneva
Bloomberg News
Tuesday, April 21, 2020
Bank of America Corp. raised its 18-month gold-price target to $3,000 an ounce -- more than 50% above the existing price record -- in a report titled "The Fed Can't Print Gold."
Jan Nieuwenhuijs: Coin demand of little relevance to the gold price
Submitted by cpowell on Tue, 2020-04-21 12:22 Section: Daily Dispatches12:21p ET Tuesday, April 21, 2020
Dear Friend of GATA and Gold:
Voima Gold researcher Jan Nieuwenhuijs writes today that demand for gold and silver coins has little influence on the price of the monetary metals because coins constitute only about 8 percent of demand, far less than the institutional demand for metal in the wholesale market.
Pages
