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Daily Dispatches
J.P. Koning: How California stayed with gold when the rest of the U.S. adopted fiat money
Submitted by cpowell on Wed, 2019-01-16 21:15 Section: Daily Dispatches9:15p ET Wednesday, January 16, 2019
Dear Friend of GATA and Gold:
Newmont CEO is unenthusiastic about prospects for gold price
Submitted by cpowell on Wed, 2019-01-16 13:02 Section: Daily DispatchesHe sounds content with central bank intervention against monetary metal.
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Newmont Mining CEO Says Goldcorp Deal is Designed to 'Survive' a Drop in Gold Price
By Tom DiChristopher
CNBC, New York
Wednesday, January 16, 2019
Newmont Mining's $10 billion purchase of Goldcorp does not mean the metals miner is making a bullish call on gold, according to CEO Gary Goldberg.
Wary investors drawn to gold's allure
Submitted by cpowell on Wed, 2019-01-16 10:56 Section: Daily DispatchesBy Henry Sanderson and Neil Hume
Financial Times, London
Monday, January 15, 2019
If gold is anything to go by, investors are increasingly anxious about the state of the world.
Volatile equity markets and fears of a global economic slowdown have helped gold rally 10 per cent from its August lows, putting it among the best performing metals over that period.
Craig Hemke at Sprott Money: 2019 price forecast for gold and silver
Submitted by cpowell on Tue, 2019-01-15 14:02 Section: Daily Dispatches2p ET Tuesday, January 15, 2019
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing at Sprott Money, today details why 2019 should be a strong year for the monetary metals, even as the bullion banks will retard all rallies to keep gold and silver under control. Hemke's analysis is headlined "Gold and Silver 2019 Price Forecast" and it's posted at Sprott Money here:
Turkey set to refine more Venezuelan gold as Maduro sends committee
Submitted by cpowell on Mon, 2019-01-14 21:14 Section: Daily DispatchesFrom Ahval, Berlin, Germany
Monday, January 14, 2019
A committee from Venezuela is set to arrive in Turkey to discuss a gold-refining deal between Ankara and Caracas, pro-government Yeni Safak daily reported.
Russia plans to tackle U.S. sanctions with bitcoin, Kremlin economist says
Submitted by cpowell on Mon, 2019-01-14 19:47 Section: Daily DispatchesBy Hasan Chowdhury
The Telegraph, London
Monday, January 14, 2019
Russia is preparing an investment in bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin.
Newmont to become largest gold producer with $10 billion purchase of Goldcorp
Submitted by cpowell on Mon, 2019-01-14 10:33 Section: Daily DispatchesBy John Benny
Reuters
Monday, January 14, 2019
Newmont Mining Corp said today it would buy smaller rival Goldcorp Inc. in a deal worth $10 billion, creating the world's biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal.
Bank of China to enable payment in yuan on U.S. e-commerce platforms
Submitted by cpowell on Sun, 2019-01-13 11:14 Section: Daily DispatchesBy Tom Daly
Reuters
Sunday, January 13, 2019
BEIJING -- Bank of China's New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this year, the official Xinhua news agency reported today.
Sea shells? Oxen? Zimbabwe plans a new currency as dollar shortage bites
Submitted by cpowell on Sat, 2019-01-12 19:28 Section: Daily DispatchesAnother resource- and gold-rich country insisting on being poor.
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By MacDonald Dzirutwe
Bloomberg News
Saturday, January 12, 2019
HARARE, Zimbabwe -- Zimbabwe will introduce a new currency in the next 12 months, the country's finance minister said, as a shortage of U.S. dollars plunges the financial system into disarray, forcing businesses to close and threatening unrest.
Ronan Manly: Separating truth from fiction in China's golden game of poker
Submitted by cpowell on Sat, 2019-01-12 13:47 Section: Daily Dispatches1:48p ET Saturday, January 12, 2019
Dear Friend of GATA and Gold:
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