You are here
Daily Dispatches
Hyperinflation, free electricity fuel crypto-mining boom in Caracas
Submitted by cpowell on Sun, 2018-05-27 10:11 Section: Daily DispatchesThere's a Crypto-Mining Machine in Every Home in Caracas
By Daniel Cancel
Bloomberg News
Friday, May 25, 2018
CARACAS, Venezuela -- Crypto fever may have cooled across much of the globe, but don't tell that to folks here. They're mining coins like crazy.
Europeans in Iran bitterly denounce U.S. as 'Caesar' amid new sanctions
Submitted by cpowell on Sun, 2018-05-27 10:04 Section: Daily DispatchesBy Thomas Erdbrink
The New York Times
Saturday, May 26, 2017
TEHRAN, Iran -- After the landmark nuclear agreement of 2015, hundreds of European, Asian and even American companies rushed to enter Iran's largely untapped market of 80 million people, assured by the United States and the other signatories that their investments would be safe for at least a decade.
Erdogan calls on Turks to convert dollars and euros into their own nation's currency
Submitted by cpowell on Sat, 2018-05-26 19:53 Section: Daily DispatchesFrom Hurriyet Daily News, Istanbul
Saturday, May 26, 2018
ERZURUM, Turkey -- Turkish President Recep Tayyip Erdogan called on Turkey's citizens today to convert their dollar and euro savings into lira, as he sought to bolster the ailing currency which has lost some 20 percent of its value against the U.S. currency this year.
Northern Dynasty sinks along with financing deal with First Quantum
Submitted by cpowell on Sat, 2018-05-26 10:04 Section: Daily DispatchesBy Danielle Bochove
Bloomberg News
Friday, May 25, 2018
Northern Dynasty Minerals Ltd. plummeted Friday after the collapse of a pact with First Quantum Minerals Ltd. to finance the controversial Pebble mining project in Alaska.
Turkey's election angst is driving up demand for gold coins
Submitted by cpowell on Sat, 2018-05-26 09:42 Section: Daily DispatchesBy Cagan Koc, Rupert Rowling, and Eddie van der Walt
Bloomberg News
Friday, May 25, 2018
With just a month until elections, shopkeepers at Turkey's biggest bazaar say they're seeing a jump in demand for gold coins.
Brandon White: Five developments this week in the transition to a gold-based monetary system
Submitted by cpowell on Fri, 2018-05-25 22:12 Section: Daily Dispatches10:15p ET Friday, May 25, 2018
Dear Friend of GATA and Gold:
In his "This Week in Three Minutes" video commentary, Brandon White of bullion dealer BMG Management Group in Toronto describes five developments in the last week that indicate the world's transition away from a financial system based on the U.S. dollar to a system based in part on gold. White's commentary can be viewed here:
Part 4 from 'American Default': Victory in gold battle saved the New Deal
Submitted by cpowell on Fri, 2018-05-25 13:41 Section: Daily Dispatches1:44p ET Friday, May 25, 2018
Jim Rickards: 'Axis of Gold' readies gold-based payment system to evade U.S. control
Submitted by cpowell on Fri, 2018-05-25 09:53 Section: Daily DispatchesThe Axis of Gold Will Drive Gold Higher by the End of 2018
By James G. Rickards
The Daily Reckoning, Baltimore, Maryland
Thursday, May 24, 2018
Part 3 from 'American Default': If gold won't go up, push the dollar down
Submitted by cpowell on Thu, 2018-05-24 20:08 Section: Daily Dispatches8:10p ET Thursday, May 24, 2018
Dear Friend of GATA and Gold:
London Metal Exchange to launch yuan-denominated futures in sign of Chinese currency's growing cachet
Submitted by cpowell on Thu, 2018-05-24 09:51 Section: Daily DispatchesBy Enoch Yiu
South China Morning Post, Hong Kong
Monday, May 21, 2018
The London Metal Exchange is planning to introduce yuan-denominated metal products, according its chief executive, a sign the currency’s status in international finance is on the rise.
Pages
