Turkish central bank's gold holdings hit record as dollar holdings fall

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Gold Reserves at Turkey's Central Bank Hit Record Following Dollar Exchange Policy

By Ugur Gurses
Hurriyet Daily News, Istanbul
Thursday, January 4, 2018

The Turkish Central Bank's gold reserves have reached a record-high 564.8 tons, mainly due to the bank's policy of replacing a large amount of U.S. dollar reserves with bullion.

Bullion Star's gold market charts for December

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9:13a ET Thursday, January 4, 2018

Dear Friend of GATA and Gold:

Bullion Star's gold market charts for December show continued accumulation in the major markets. They charts are posted here:

https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


Pakistan ditches dollar for trade with China hours after Trump's denunciation

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By Nyshka Chandran
CNBC, New York
Thursday, January 4, 2018

Just 24 hours after President Donald Trump took aim at Pakistan on Twitter, the South Asian nation already appears to be cozying up to the world's second-largest economy.

Iran's central bank admits intervening to rig gold price

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If only the central banks of nominal democracies were as honest.

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Central Bank of Iran to Resume Gold Auctions

From the Financial Tribune, Tehran, Iran
Wednesday, January 3, 2018

Does ANY country's currency exchange rate 'reflect the truth' when gold is rigged?

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Angola's Central Bank Plans to Loosen Kwanza's Peg to the Dollar

By Henrique Almeida and Candido Mendes
Bloomberg News
Wednesday, January 3, 2018

Angola plans to loosen its currency peg to the dollar by establishing a band in which the kwanza can float freely, central bank governor Jose de Lima Massano said.

USAGold's Gold Owner's Guide to 2018

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7:20p ET Wednesday, January 3, 2017

Dear Friend of GATA and Gold:

Who the hell does the grand mufti think he is -- a central banker?

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Egypt's Grand Mufti Says Bitcoin Is Forbidden by Islam

From The Times if Israel, Jerusalem
Tuesday, January 2, 2018

Egypt's top Muslim cleric on Monday called for a ban on bitcoin, saying the digital currency is "forbidden" by Islam. ...

China said to be preparing to limit bitcoin mining

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China Central Bank Can Tell Local Governments to Regulate Bitcoin Miners' Power Use, Source Tells Reuters

From Reuters
Wednesday, January 3, 2017

Bullion Star: The five largest gold nuggets that remain intact

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7:36p ET Tuesday, January 2, 2018

Dear Friend of GATA and Gold:

By itself gold could solve Sudan's economic problems, mining minister says

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Imagine what gold could do for Sudan and the rest of the developing world if developed nations weren't striving to suppress its price, and if developing nations themselves acknowledged and protested the price suppression.

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From Radio Dabanga, Amsterdam
Monday, January 1, 2018