Daily Dispatches

But though we had plenty of money, there was nothing our money could buy. ...

-- http://www.kiplingsociety.co.uk/poems_copybook.htm

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Venezuela Raises Minimum Wage in Fourth Year of Hyperinflation

From Reuters
Monday, May 3, 2021

The Venezuelan government increased the monthly minimum wage by 289%, an official said on Saturday, moving from the equivalent of 64 U.S. cents to about $2.40 at the exchange rate estimated by the country's central bank.

8:21p ET Sunday, May 2, 2021

Dear Friend of GATA and Gold (and Silver):

In an open letter to the acting chairman of the U.S. Commodity Futures Trading Commission, Rostin Behnam, published tonight, Chris Marcus of Arcadia Economics asks for an explanation of a comment Behnam made on March 18 that seemed to applaud and implicate the commission in the suppression of silver futures prices.

... Dispatch continues below ...

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By Min Zhang and Shivani Singh
Reuters
via Nasdaq.com, New York
Friday, April 30, 2021

BEIJING -- China's gold consumption soared 93.9% in the first three months from the same quarter a year earlier, recovering to pre-pandemic levels fuelled by strong demand for gold jewelleries and rising investment, the China Gold Association said today.

Consumption in China in the first quarter stood at 288.2 tonnes, compared with 148.63 tonnes a year ago, the association said in a statement on its website.

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By Brien Lundin
Gold Newsletter, Metairie, Louisiana
Thursday, April 29, 2021

https://goldnewsletter.com/

It's been an open secret in the industry, but we're hard at work planning to host this year's New Orleans Investment Conference in person.

https://neworleansconference.com/

Enough of this pandemic craziness -- we can't wait to meet you face-to-face, shake hands, have a few hugs, and catch up like we just can't do in a virtual setting.