The gold crime technical analysis can't see or defend against

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12:42p CT Tuesday, October 24, 2017

Dear Friend of GATA and Gold:

There's a little progress this week in the field of gold market analysis, for in his latest commentary, headlined "Motive, Means, and Opportunity, But No Crime" --

http://tsi-blog.com/2017/10/motive-means-and-opportunity-but-no-crime/

Did these mining giants just confirm the next gold frontier -- Ecuador?

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By Dave Forest
OilPrice.com, London
Monday, October 23, 2017

There was a breakthrough deal in the Tanzania gold sector late last week, with major miner Barrick agreeing to pay the government $300 million and surrender a 16-percent stake in operations in order to end an impasse that's halted production.

Jury finds ex-HSBC executive guilty of fraud in $3.5 billion currency trade

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By Brendan Pierson
Reuters
Monday, October 23, 2017

NEW YORK -- A U.S. jury today found a former HSBC Holdings executive guilty of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.

Venezuela fails to reclaim the gold it pawned to Deutsche Bank

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That's a lot more central bank gold that hit the market since the swap was undertaken in 2016.

* * *

Venezuela Allows $1.7 Billion Gold Swap with Deutsche Bank to Lapse, Legislator Says

By Corina Pons
Reuters
Monday, October 22, 2017

Ted Butler: Fear of silver shorting spurs Scotia to sell its metals division

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12:39 CT Monday, October 23, 2017

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler speculates today that the Bank of Nova Scotia is seeking to sell its metals trading division, ScotiaMocatta, because the bank realizes that the silver shorting business in which the division has specialized is a potentially disastrous liability.

Ron Paul: Trump's picks for Fed chairman are just more of the same

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By Ron Paul
The Ron Paul Institute, Clute, Texas
Monday, October 23, 2017

China's trillion-dollar plan for world domination splits Australian politicians

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By Ben Graham
News.com.au (News Corp.), Sydney
Monday, October 23, 2017

AS Donald Trump whips the world into a frenzy with his tweets, China is plotting a trillion-dollar global trade revamp which could change everything.

It's being dubbed the "New Silk Road" which could redefine global trade and mark a tipping point for a new Asian century.

Why central banks disagree with Gary North about gold

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1p ET Friday, October 20, 2017

Dear Friend of GATA and Gold:

In his essay this week, "The Case Against Gold as a Central Bank Asset" --

https://www.garynorth.com/public/17271.cfm

-- the economic historian and libertarian financial writer Gary North argues that central banks should get rid of their gold reserves.

Barclays sued by fund for $850 million in metals market abuse

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By Jack Farchy and Mark Burton
Bloomberg News
Thursday, October 19, 2017

Red Kite Management Ltd., the world's largest metals hedge fund, is suing Barclays for alleged market abuse in the copper market that it claims cost the firm at least $850 million between 2010 and 2013.

Barrick gives Tanzania stake in mines, $300 million to end dispute

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From Reuters
via The New York Times
Thursday, October 19, 2017

DAR ES SALAAM, Tanzania -- Barrick Gold will give Tanzania a 16 percent stake in three gold mines, a 50 percent share of revenue from those mines, and a one-off payment of $300 million to resolve a dispute that has hit its operations in the country, the two sides said.