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SEEMS LEGIT: Last Week Reuters Reported China Is Restricting Gold Imports, Now Reuters Reports China Eased Gold Import Restrictions Last Week

How many “anonymous sources” were used in this circle jerk? At least five. Here are the details… Last week we reported that it was reported by Reuters using anonymous sources that China was restricting its gold imports (bold added for emphasis): China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows. Th...
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Sprott Money News Ask The Expert August 2019 - David Rosenberg

Is your network connection unstable or browser outdated? Original linkOriginal author: Sprott Money
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Harvey Organ: IS A SILVER SHORT SQUEEZE COMING BY FRIDAY?

NPV for Sprott  1. Sprott silver fund (PSLV): NAV RISES TO -0.50% ((AUGUST 16/2019)2. Sprott gold fund (PHYS): premium to NAV RISES TO -1.04% to NAV (AUGUST 16/2019 )Note: Sprott silver trust back into NEGATIVE territory at +%-/Sprott physical gold trust is back into NEGATIVE/ -/50% (courtesy Sprott/GATA) 3.SPROTT CEF.A FUND (FORMERLY CENTRAL FUND OF CANADA): NAV 14.79 TRADING 14.28/DISCOUNT 3.45       END And now the Gold inventory at the GLD/ AUGUST 21/WITH GOLD DOWN $.30 TODAY:A BIG CHANGE ...
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Dave Kranzler: Somebody else, not ETFs, took most gold sent to London from Switzerland in July

11:35a ET Thursday, August 22 2019 Dear Friend of GATA and Gold: Dave Kranzler of Investment Research Dynamics in Denver discloses today that Switzerland's unusual export of 90 tonnes of gold to London in July must have involved a lot more than acquisitions by gold exchange-traded funds, the explanation offered by Bloomberg News. (See http://www.gata.org/node/19371) Kranzler writes: "But fact-checking shows that the number of tonnes of gold in GLD, by far the largest gold ETF, increased by only ...
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China eases restrictions on gold imports, sources tell Reuters

By Peter Hobson and Yawen ChenReutersThursday, August 22, 2019 China has partially lifted restrictions on imports of gold, bullion industry sources said, loosening curbs that had stopped an estimated 300-500 tonnes of the metal worth $15-25 billion at current prices from entering the country since May. China's central bank had for several months curtailed or not granted import quotas to commercial banks responsible for most of the gold that enters the country, Reuters reported last week. ... Di...
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ON NOTICE: Over 40% Of Russia’s Oil Exports To Switch Payment Currency From Dollars To Euros

Is this month’s “all new tenders for export oil products supplies will have the euro as the payment currency” a game changer?  There has been talk of de-dollarization for some time, but de-dollarization is now picking-up speed by the month. Earlier this month of August, 2019, buyers were notified about switching from dollars to euros for payment of Rosneft oil contracts. From Reuters: MOSCOW (Reuters) – Russia’s Rosneft (ROSN.MM), one of the world’s top oil producers and exporters, has notified ...
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Stubbornly strong dollar prompts talk of U.S. attack on China's currency

By Eva SzalayFinancial Times, LondonThursday, August 22, 2019 Top Chinese bankers in London are warning of the drama that would follow any U.S. attempt to weaken the dollar by intervening in renminbi markets -- a move that would be seen by Beijing as a "political act." The risks of such action have heightened since June, said analysts, after U.S. President Donald Trump repeatedly took aim at China and Europe for "playing currency games" as trade wars threatened to spill over into foreign exchang...
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Indian farmers reminded that gold is always as good as money

Indians Pawning the Family Gold Amid Credit Crunch By Rajendra Jadhav and Nupur AnandReutersThursday, August 22, 2019 Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices -- he pawned his wife's gold jewelry. Mandlik, who owns an 8-acre cotton farm in western India, pledged 70 grams of gold, almost all his wife's precious trinkets, in June in return for 150,000 rupees ($...
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Globalists May Tank Economy, Crash Stock Market Or Dollar & Blame Trump Going Into 2020 Election

If the globalists do crash the economy, will President Trump be able to explain what’s really going on to the public? Alex Newman interviewed by Greg Hunter on USA Watchdog Journalist Alex Newman’s biggest fear is the New World Order tanking the global economy to try to tarnish Donald Trump before the 2020 Presidential Election. Newman says, “We may see the globalists try to crash the economy, whether that be pulling the rug out from under the stock market or whether that be trying to crash the ...
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Investors hoard most gold in ETFs in six years

... And its custodian, HSBC, will be glad to short, swap, and rehypothecate it to prevent them from profiting from it. * * * By Ranjeetha PakiamBloomberg NewsThursday, August 22, 2019 Gold is faring extremely well as a haven asset, with inflows into exchange-traded funds hitting 1,000 tons since holdings bottomed in early 2016 after a prolonged unwind in the wake of the global financial crisis. Total known ETF holdings expanded to 2,424.9 tons on Wednesday, the highest since 2013, following infl...
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