| |
 | Julian D. W. Phillips - Gold Forecaster |
| Gold and Silver Market Morning: Jan 25 2017 - Gold and Silver consolidating! |
| Gold Today–New York closed at $1,209.90on the 24th January after closing at $1,215.30 on the 23rd January.London opened at $1,203.25 today.Overall the dollar was stronger against global currencies early today. Before London’s opening: -The $: € was stronger at $1.0724: €1 from $1.0752: €1 yesterday.-The Dollar index was stronger at 100.31 from 100.20 yesterday. -The Yen was weaker at 113.69:$1 from yesterday’s 113.24 against the dollar. -The Yuan was weaker at 6.8766: $1, from 6.8534: $1, yesterSunday, January 24, 2021 |
|
| Bullion Vault |
| Gold Bullion Gains Extend ETF Growth as Inflation Worries Hit 'Even the Yellen Fed' |
| GOLD BULLION held around $1240 per ounce in London trade Thursday, retaining its 3-month high as commodity markets pushed towards new 18-month records.
With energy costs
already driving up headline inflation rates worldwide, Brent crude oil today rose above $55 per barrel as Nymex natural gas contracts traded 90% above their price of this time last year.
Silver bullion held firm witTuesday, January 12, 2021 |
|
 | Hugo Salinas Price - Plata.com.mx |
 On the use of gold coins as money  |
| Why don’t humans use gold coins as Money ? The answer is quite simple : because they don’t want to, under present circumstances.
The attachment of humans to gold is remarkable; I suspect there is something metaphysical about gold that attracts human beings. Perhaps gold is part of the natural order of things, part of the Rerum Natura, and the relationship of humans to gold is “built-in”into human nature, like sexual attraction.Friday, November 6, 2020 |
|
 | Antal E. Fekete - Gold University |
| Second Front In The Gold World |
| .Monday, July 6, 2020 |
|
 | Charleston Voice |
 Global Times - Hard lessons from China's silver standard |
| History will repeat, but this time around America will not be able to coin silver Trade Dollars to conduct trade with Asia. Oops. Oh, where O where did my empire go?
Source: Caijing.com.cn
[08:30 July 15 2009]
Chinese macroeconomic historian Ray Huang used to say the Qing Dynasty never understood monetary and fiscal policy, and therefore was unable to compete against the West. In those days, monetary policy in China was essentially tied to silver, the national money standard since tWednesday, June 10, 2020 |
|
 | Mike Hewitt - Dollar Daze |
Hyperinflation around the Globe  |
| Angola (1991-1999)
Angola went through the worst inflation from 1991 to 1995. In early 1991, the highest denomination was 50,000 kwanzas. By 1994, it was 500,000 kwanzas. In the 1995 currency reform, 1 kwanza reajustado was exchanged for 1,000 kwanzas. The highest denomination in 1995 was 5,000,000 kwanzas reajustados. In the 1999 currency reform, 1 new kwanza was exchanged for 1,000,000 kwanzas reajustados. The overall impact of hyperinflation: 1 new kwanza = 1,000,000,000 pre-1991 kwanzas.Wednesday, April 15, 2020 |
|
 | Michael J. Kosares - USA Gold |
| Gold responds to the trade and currency war |
|
At all-time highs in six of the world’s top currencies
The charts posted immediately below tell one of the quiet, but perhaps most important stories unfolding in the world of high international finance. Gold has appreciated sharply in the currencies of all of the world’s top economies. In five of the top eight economies – the United Kingdom, Japan, Canada, Australia, and India – it is priced at all-time highs.Tuesday, August 13, 2019 |
|
 | Chris Powell - GATA |
| China state banks seen supporting yuan in forwards market, sources tell Reuters |
| China's state banks have been active in the onshore yuan forwards market this week, using swaps to tighten dollar supply and support the Chinese currency, four sources with knowledge of the matter told Reuters.
The spot value of the yuan has fallen sharply this week against the dollar as tensions between China and the United States escalated and prompted fears that their trade war could shift into a currency war.
The sources said banks had conducted significant amounts of buy-sell swaps in thThursday, August 8, 2019 |
|
| Chris Powell - GATA |
| China limits yuan's fall after being labeled currency manipulator |
| China took steps to slow the yuan's descent as the effects of Monday's tumble continued to weigh on markets.
The People's Bank of China set the daily currency fixing stronger than analysts expected and announced the planned sale of yuan-denominated bonds in Hong Kong. The moves, which came hours after the U.S. labeled the country a currency manipulator, helped drive the offshore yuan higher. ...
... For the remainder of the report:
https://www.bloomberg.com/news/articles/2019-08-06/yuan-fixing-iWednesday, August 7, 2019 |
|
| Chris Powell - GATA |
| Yuan's slide is watershed moment for China |
| China's allowing the yuan to slide below 7 to the dollar is a watershed moment for currency markets that is symbolically equivalent to the U.S. and other countries abandoning the gold standard in the interwar period, or the collapse of the postwar Bretton Woods system of fixed exchange rates four decades ago. The implications for the global economy are equally significant.
The world's major currencies aren't tethered in the way they were in those periods, but gold and Bretton Woods both servedWednesday, August 7, 2019 |
|
| Chris Powell - GATA |
| Dollar intervention risk rises as yuan's slide stokes currency war bets |
| The risk of U.S. intervention to rein in the dollar is rising as a tumbling Chinese yuan stokes speculation that a global currency war is getting underway.
Speculation is building that U.S. President Donald Trump may seek to weaken the dollar after China allowed the yuan to drop below the key level of 7 per greenback, strategists said. If the U.S. authorities do take action, this could sound the death knell of the strong-dollar policy that has been in place for more than two decades.
"If TrumpMonday, August 5, 2019 |
|
| Chris Powell - GATA |
| Slide of China's yuan had OK of policymakers, sources tell Reuters |
| Chinese monetary authorities let the yuan slide past the key 7-per-dollar level so that markets could finally factor in concerns around the Sino-U.S. trade war and weakening economic growth, three people with knowledge of the discussions said today.
The yuan tumbled 1.4% and past 7-per-dollar level for the first time in more than a decade today, following two days of weaker-than-expected midpoint settings by the People’s Bank of China.
Those fixings on Friday and today followed U.S. PresidentMonday, August 5, 2019 |
|
| Graham Summer - Gains Pains & Capital |
| “The U.S. Will Go Broke.” The Case For |
| As the end of year rally continues into January, it’s time to look ahead to tax season. But when you make your final retirement contributions for 2018, should you add precious metals to the mix? Eric Sprott breaks down all the gold and silver news you need to protect yourself for the bumpy ride ahead.
In this edition of the Wrap-Up, you’ll hear:
Why banks are capping silver prices.
The “stunning newMonday, January 14, 2019 |
|
| Chris Powell - GATA |
| Chris Powell at New Orleans conference: Gold market manipulation update, November 2018 |
| Since we met at this conference last year much new evidence of manipulation of the gold market by central banks and their bullion bank agents has been compiled and disclosed by the Gold Anti-Trust Action Committee.
For example, a month ago a major bullion bank, the Bank of NoSaturday, November 3, 2018 |
|
| Chris Powell - GATA |
| Slump in rupee pushes India to seek trade settlement in yuan |
| India is considering allowing some imports from China to be settled in yuan, people familiar with the proposal said, as the South Asian nation moves to limit its currency's loss against the dollar.
The plan would enable direct convertibility between the rupee and yuan and would help cut transaction and hedging costs, the people said, asking not to be identified. The proposal would allow Indian exports of pharmaceuticals, oilseeds, and sugar to China to be settled in rupees, while keeping out traThursday, November 1, 2018 |
|
 | Oilprice.com - oilprice.com |
| Petro-Yuan Gains Momentum, But It’s A Still Risky Endeavor |
| When the long-awaited yuan-denominated oil futures launched earlier this year, opinions were split: one camp argued with passion that the days of the petrodollar were numbered, its demise a certainty. The other camp argued with just as much passion the yuan has yet to catch up with the dollar as an international currency, and the Chinese futures had basically as much of a chance as a snowflake in Hell.Now, six months later, opinions remain split, but now the two camps have some facts and figuresTuesday, August 21, 2018 |
|
 | Andy Hoffman - Miles Franklin |
| Hypersonic weapons and your standard of living… |
| Do you believe there is any coincidence the Russians first, followed by the Chinese … announced “hypersonic weapons”? I ask this question for several reasons and will come to a conclusion at the end but for now, with the rollout of the “petro-yuan” set for March 26 is there any coincidence we find out about these weapons now?
We were even offered proof over the weekend of successful tests. If that were not enough, what heck is this? Please take the two minutes to watch the video, these are seasoSaturday, March 17, 2018 |
|
 | Deepcaster |
| Impending Mega-Moves and re #1 Asset for Profiting and Protecting |
| DEEPCASTER LLCFORTRESS ASSETS PORTFOLIO | LETTERS, ALERTS & ARTICLESHIGH POTENTIAL SPECULATOR | HIGH YIELD PORTFOLIOPreserve & Enhance WealthInvestment & Geopolitical IntelligenceMarkets were triggered and shocked a few days ago when the yield on the Bellwether U.S. Treasury 10-Year Note shot up over 2.9% which resulted mainly from Fed Chair Powell’s hinting at the possibility of 4 rate hikes this year. Other soon-to-be-detonated Triggers will have Mega-Consequences for Key Market Sectors but wiFriday, March 9, 2018 |
|
 | Alasdair Macleod - Finance and Eco. |
| Trade Wars |
| An overt trade war has commenced. President Trump has fired the starting gun, setting in motion an election promise, part of his Make America Great Again undertaking. It is a blow squarely aimed against China, costing China some trade perhaps, but basically a loser’s last roll of the dice.The back story appears to be far deeper than some relatively minor tariffs on steel and aluminium would suggest. It comes after a prolonged period of shadow-boxing between America in the blue corner and Russia Friday, March 9, 2018 |
|
 | Adrian Ash - Bullion Vault |
| China's 2018 Gold Buying: Half-Empty, Half-Full |
| Analysts split on China's demand as gold jewelry tastes change...
LEADING ANALYSTS are split over the prospects for China's private gold buying in 2018, as a "healthy outlook" from one consultancy contrasts with a "tough year in store" from another.
"China's gold demand is likely to have peaked in 2013," says
Thomson Reuters GFMS, "and is very unlikely to return to thoseFriday, March 9, 2018 |
|
|
