You are here
Daily Dispatches
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.
* * *
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:
Tocqueville gold letter: Explosion in U.S. debt foretells dollar's devaluation against gold
Submitted by cpowell on Sat, 2019-01-12 10:49 Section: Daily Dispatches10:48a ET Saturday, January 12, 2019
Dear Friend of GATA and Gold:
In the Tocqueville gold letter for January, fund manager John Hathaway argues that the explosion of U.S. government debt to banana republic levels foretells a big devaluation of the dollar against gold. (Just don't ask him why it hasn't happened already.)
Matthew Lynn: Next eurozone crisis has begun and will lead to more money creation
Submitted by cpowell on Fri, 2019-01-11 11:18 Section: Daily DispatchesThe Next Eurozone Crisis Has Already Started
By Matthew Lynn
The Telegraph, London
Friday, January 11, 2019
https://www.telegraph.co.uk/business/2019/01/11/next-eurozone-crisis-has...
Ted Butler: Questions only the Justice Department can get answered about silver manipulation
Submitted by cpowell on Thu, 2019-01-10 20:50 Section: Daily Dispatches8:50p ET Thursday, January 10, 2019
Dear Friend of GATA and Gold:
Yellow vest protesters aim to crash French banking system
Submitted by cpowell on Thu, 2019-01-10 19:56 Section: Daily DispatchesYellow Vest Protesters to Withdraw All Their Euros in Massive Run on French Banks
From News Corp., Associated Press, and Agence France-Presse
via News Corp. Australia, Sydney
Thursday, January 10, 2019
Barrick Gold's new CEO dismisses Canada HQ debate as 'hysteria'
Submitted by cpowell on Thu, 2019-01-10 13:49 Section: Daily DispatchesBy Dnaielle Bochove
Bloomberg News
Thursday, January 10, 2019
Barrick Gold Corp.'s new chief executive is surprised by the "hysteria" over whether the world's largest gold miner will remain a Canadian company.
4 on trial in theft of huge gold coin from Berlin museum
Submitted by cpowell on Thu, 2019-01-10 10:11 Section: Daily DispatchesFrom the Associated Press, New York
Thursday, January 10, 2019
https://www.apnews.com/783eafeee37b4eeeaf178534c465ae43
BERLIN -- Four young men have gone on trial over the brazen theft of a 100-kilogram (221-pound) Canadian gold coin from a Berlin museum.
The "Big Maple Leaf" coin, worth several million dollars, was stolen from the Bode Museum in March 2017.