Daily Dispatches

Part 2 of Bloomberg News excerpting of 'American Default'

Submitted by cpowell on Wed, 2018-05-23 13:53 Section: Daily Dispatches

1:54p ET Wednesday, May 23, 2018

Dear Friend of GATA and Gold:

The second of the Bloomberg News four-part excerpting of the new book, "American Default" by UCLA professor Sebastian Edwards, is headlined "When Franklin Roosevelt Dropped a Bombshell on Gold" and it's posted here:

https://www.bloomberg.com/view/articles/2018-05-23/fdr-s-bombshell-on-gold

Read more about Part 2 of Bloomberg News excerpting of 'American Default'

Sunken galleon's gold has probably been hypothecated already

Submitted by cpowell on Wed, 2018-05-23 09:00 Section: Daily Dispatches

Spanish Galleon Laden with L13 billion in Gold Found at Bottom of Caribbean Sea, 300 Years after Sinking

By Chris Baynes
The Independent, London
Wednesday, May 23, 2018

U.S. scientists found a Spanish galleon laden with treasure worth up to L12.6 billion at the bottom of the Caribbean Sea, more than 300 years after it sank.

Read more about Sunken galleon's gold has probably been hypothecated already

Craig Hemke at Sprott Money: Looking forward to gold's next rally

Submitted by cpowell on Tue, 2018-05-22 15:40 Section: Daily Dispatches

3:43p ET Tuesday, May 22, 2018

Dear Friend of GATA and Gold:

If the "wash-rinse-repeat" cycle played in the gold futures market by the market-rigging bullion banks against lesser traders is still operating, the TF Metals Report's Craig Hemke writes at Sprott Money today, a strong rally in gold is just about a week away.

Read more about Craig Hemke at Sprott Money: Looking forward to gold's next rally

New book, 'American Default,' examines dollar devaluation, gold confiscation of 1933

Submitted by cpowell on Tue, 2018-05-22 14:44 Section: Daily Dispatches

2:49p ET Tuesday, May 22, 2018

Dear Friend of GATA and Gold:

Bloomberg News today begins publishing a four-part excerpt from a new book about the U.S. government's devaluation of the dollar, repudiation of debt, and confiscation of monetary gold in 1933.

Read more about New book, 'American Default,' examines dollar devaluation, gold confiscation of 1933

Bullion Star's gold market charts suggest demand remains strong

Submitted by cpowell on Mon, 2018-05-21 20:48 Section: Daily Dispatches

8:50p ET Monday, May 21, 2018

Dear Friend of GATA and Gold:

Bullion Star's latest gold market charts suggest that despite gold's recent decline in U.S. dollars, gold demand remains strong in China, Russia, and Switzerland. Bullion Star's report is headlined "Gold Market Charts -- May 2018" and it's posted here:

Read more about Bullion Star's gold market charts suggest demand remains strong

J.S. Kim: Gold promotions impede exposure of manipulation

Submitted by cpowell on Mon, 2018-05-21 14:18 Section: Daily Dispatches

2:20p ET Monday, May 21, 2018

Dear Friend of GATA and Gold:

Promotions for gold and silver that scream that prices are going to explode imminently are hurting efforts to tell the world the truth about the monetary metals and especially about the manipulation of their markets by central banks, J.S. Kim of Smart Knowledge U writes today.

Read more about J.S. Kim: Gold promotions impede exposure of manipulation

Forget about oil at $80, because the big rally is in forward prices

Submitted by cpowell on Mon, 2018-05-21 09:06 Section: Daily Dispatches

By Catherine Ngai, Alex Longley, and Javier Blas
Bloomberg News
Monday, May 21, 2018

Brent crude oil grabbed all the attention after spot prices hit $80 a barrel last week. And yet, almost unnoticed, a perhaps more important rally has occurred in the obscure world of forward prices, with some investors betting the "lower for longer" price mantra is all but over.