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Daily Dispatches
Ghana's wildcat gold miners are doomed by their toxic trade
Submitted by cpowell on Wed, 2019-07-24 11:37 Section: Daily DispatchesBy Tim Cocks and David Lewis
Reuters
Wednesday, July 24, 2019
BAWDIE, Ghana -- A few years after coming as a teenager to this Ghanaian town to prospect for gold, Yaw Ngoha had made enough cash to marry his sweetheart and build a house with a porch, to which he would later add a flat-screen TV and satellite dish.
Craig Hemke at Sprott Money: The U.S. debt ceiling illusion
Submitted by cpowell on Tue, 2019-07-23 20:52 Section: Daily Dispatches8:52p ET Tuesday, July 23, 2019
Dear Friend of GATA and Gold:
The U.S. government's "debt ceiling" is a fraud, the TF Metals Report's Craig Hemke writes tonight at Sprott Money, because it is no longer a fixed amount of indebtedness but rather a date after which incurring more debt is prohibited, a date that is routinely extended.
Silver is trading as it never has before, GATA chairman tells GoldSeek Radio
Submitted by cpowell on Mon, 2019-07-22 11:47 Section: Daily Dispatches11:45a ET Monday, July 22, 2019
Dear Friend of GATA and Gold:
Russia plans to rezone Europe's largest national park to develop gold mine
Submitted by cpowell on Sun, 2019-07-21 23:41 Section: Daily DispatchesBy Alec Luhn
The Telegraph, London
Sunday, July 21, 2019
MOSCOW -- Russian officials are planning to rezone the largest national park in Europe to allow gold mining in a move activists say could put all nature reserves here under threat.
FT's Martin Wolf: Who cares about the prices of useless metals and market rigging?
Submitted by cpowell on Sun, 2019-07-21 14:02 Section: Daily DispatchesNot the Financial Times, but central banks disagree.
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2:15p ET Sunday, July 21, 2019
Dear Friend of GATA and Gold:
At least the Financial Times now has come clean about its hostility to gold -- as well as to free markets and elementary journalism.
GATA secretary reviews gold price suppression policy with Franklin Sanders' The Moneychanger
Submitted by cpowell on Sat, 2019-07-20 09:33 Section: Daily Dispatches9:30a ET Saturday, July 20, 2019
Dear Friend of GATA and Gold:
Ronan Manly: Gold and silver price manipulation is the greatest trick ever pulled
Submitted by cpowell on Fri, 2019-07-19 22:49 Section: Daily Dispatches10:48p ET Friday, July 19, 2019
Dear Friend of GATA and Gold:
Gold and silver market manipulation by governments, central banks, and bullion banks is so well documented now as to be beyond obvious, Bullion Star researcher Ronan Manly writes tonight. But the bigger manipulation, Manly concludes, is the very structure of the monetary metals markets themselves.
For a few paragraphs the Financial Times stops sneering at gold
Submitted by cpowell on Fri, 2019-07-19 10:51 Section: Daily DispatchesTumbling Bond Yields Kindle Investor Demand for Gold
By Henry Sanderson
Financial Times, London
Friday, July 19, 2019
https://www.ft.com/content/1a7b2212-a6fe-11e9-b6ee-3cdf3174eb89
Colleagues used to ask Jim Luke why he had so much faith in gold -- a metal that just sits in portfolios, offering no income.
Barrick and Acacia reach buyout deal, ending standoff
Submitted by cpowell on Fri, 2019-07-19 10:35 Section: Daily DispatchesBy Elena Mazneva and Danielle Bochove
Bloomberg News
Friday, July 19, 2019
For the past two years, Acacia Mining has faced deteriorating relationships with its largest shareholder, Barrick Gold Corp., and the government of Tanzania. Now one of those battles has found a truce.
Russia wants to join EU's bypass of sanctions on Iran
Submitted by cpowell on Thu, 2019-07-18 13:04 Section: Daily DispatchesKremlin Throws Weight Behind EU Effort to Boost Iran Trade
By Henry Foy
Financial Times, London
Thursday, July 18, 2019
MOSCOW -- Russia has signalled its willingness to join a European Union payments channel designed to circumvent U.S. sanctions banning trade with Iran and has called on Brussels to expand the new mechanism to cover oil exports.
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