Daily Dispatches

These doomsday preppers are starting to switch from gold to bitcoin

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By Eddie VanDer Walt
Bloomberg News
Monday, November 20, 2017

Wendy McElroy is ready for most doomsday scenarios: a one-year supply of nonperishable food is stacked in a cellar at her farm in rural Ontario. Her blueprint for survival also depends upon working internet: part of her money, assuming she needs some after civilization collapses, is in bitcoin.

Gold-based debit card Glintpay gets started

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Glint App Brings Gold into the Digital Age

By Emma Dunkley
Financial Times, London
Sunday, November 19, 2017

The world's oldest currency is being brought into the digital age with the launch of a debit card and app that will allow people to pay for goods in gold.

Monetary metals holding up well despite raids, Sprott says

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11:23a ET Sunday, November 19, 2017

Dear Friend of GATA and Gold:

Zero Hedge invites Financial Times to heed GATA's urging on gold suppression

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12:56p ET Saturday, September 18, 2017

Dear Friend of GATA and Gold:

Last night Zero Hedge called attention to Friday's column by Gillian Tett of the Financial Times, to which GATA also had called attention --

http://www.gata.org/node/17808

GATA's Ed Steer interviewed by Mike Gleason of Money Metals Exchange

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9:45a ET Saturday, November 18, 2017

Dear Friend of GATA and Gold:

Interviewed by Mike Gleason of Money Metals Exchange this week, GATA board member Ed Steer discussed the suppression of monetary metals prices by central banks and investment banks.

Steer, publisher of Ed Steer's Gold and Silver Digest letter --

https://www.edsteergoldandsilver.com/

Jim Rickards: Gold is rising despite threat of higher interest rates

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9:12a ET Friday, November 17, 2017

Dear Friend of GATA and Gold:

Fund manager and author Jim Rickards writes this week that gold's trend has reversed upward, the price making higher highs and higher lows despite the threat of rising interest rates, and the trend will be supported by physical shortages.

Gillian Tett: Prepare to bet against bitcoin as it becomes civilized

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By Gillian Tett
Financial Times, London
Friday, November 17, 2017

In recent years, bitcoin has been the wild west of the financial world. Now, however, it is being civilised -- a touch.

In the coming weeks, the Chicago Mercantile Exchange plans to start listing bitcoin futures, with a centralised clearing mechanism.

Bitcoin is the new crisis currency

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By Rob Urban
Bloomberg News
Friday, November 17, 2017

About a third of the customers queuing at La Maison du Bitcoin's teller windows in Paris aren't speculating on the value of the cryptocurrency. They're sending digital money home to Africa.

Craig Hemke: Comparing digital metals

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3:35p Thursday, November 17, 2017

Dear Friend of GATA and Gold:

Writing for Sprott Money, the TF Metals Report's Craig Hemke marvels at how the volume of Comex silver futures contracts overwhelms the world's annual silver production, a disproportion unmatched by futures in other metals.

Hemke's commentary is headlined "Comparing Digital Metals" and it's posted at Sprott Money here:

Saudi regime expropriates detainees for their freedom

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Saudi Authorities Offer Freedom Deals to Princes and Businessmen

By Simeon Kerr
Financial Times, London
Thursday, November 16, 2017

Saudi authorities are negotiating settlements with princes and businessmen held over allegations of corruption, offering deals for the detainees to pay for their freedom, say people briefed on the discussions.

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