Rouble rebounds past 100 vs. dollar after Putin's gas payments decree
Submitted by admin on Fri, 2024-12-06 19:00 Section: Daily DispatchesBy Gleb Bryanski and Elena Fabrichnaya
Reuters
Fridqy, December 6, 2024
MOSCOW -- The Russian rouble rebounded past 100 to the U.S. dollar, trading at 99.50 on Friday, after a decree by President Vladimir Putin which opened new payment options for European buyers of Russian gas, allowing foreign currency flows to resume.
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy, Sell, or Store Precious Metals with Money Metals Exchange
CME to offer 1-ounce gold futures to divert retail demand from real metal
Submitted by admin on Fri, 2024-12-06 09:05 Section: Daily DispatchesCME to Offer 1-Ounce Gold Futures to Meet Surging Demand From Retail Traders
By Yvonne Yue Li
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, December 5, 2024
CME Group Inc. will start offering a one-ounce gold futures contract in January to meet surging demand from retail investors amid bullion's record-breaking rally.
Fed chairman's brazen lies about gold go unchallenged at NY Times conference
Submitted by admin on Fri, 2024-12-06 08:49 Section: Daily Dispatches8:54a ET Friday, December 6, 2024
Ðear Friend of GATA and Gold:
Money Metals writer Mike Maharrey yesterday shot down the laughable assertion made this week by Federal Reserve Chairman Jerome Powell that bitcoin is, "like gold," merely a "speculative asset" and thus a competitor with gold, not the dollar, because people aren't using bitcoin for payments or as a store of value.
Mali issues arrest warrant for Barrick Gold CEO Bristow
Submitted by admin on Thu, 2024-12-05 23:52 Section: Daily DispatchesBy Katarina Höije and William Clowes
Bloomberg News
via Yahoo News, Sunnyvale, California
Thursday, December 5, 2024
Mali's military-controlled government has issued an arrest warrant for money laundering against Barrick Gold Corp. Chief Executive Officer Mark Bristow amid an escalating dispute over mine revenues in the West African nation.
The authorities in Mali are also seeking to arrest Abbas Coulibaly, the general manager of the Canadian mining company's Loulo-Gounkoto complex, according to people familiar with the matter.
Jan Nieuwenhuijs: Repatriated gold reaches historic highs
Submitted by admin on Thu, 2024-12-05 13:26 Section: Daily DispatchesBy Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Thursday, December 5, 2024
The share of global official gold reserves NOT stored at the Federal Reserve Bank of New York and Bank of England in London has reached 78% in 2024, from 51% in 1972.
The shift in this ratio appears to be accelerating and can be seen as a proxy for the West’s decline in financial dominance.
... Dispatch continues below ...
... ADVERTISEMENT ...
From the New Orleans Investment Conference: The future of money
Submitted by admin on Thu, 2024-12-05 11:51 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter/Golden Opportunities
New Orleans Investment Conference
Metairie, Louisiana
Thursday, December 5, 2024
This year's 50th anniversary New Orleans Conference was packed full of highlights, but one of the best was our Future of Money Panel.
This is always a thought-provoking panel, and over recent years it has featured a number of today's most insightful monetary and macroeconomic experts exploring big ideas and providing compelling forecasts.
... Dispatch continues below ...
