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Daily Dispatches
Is U.S. waging a 'cold war' to weaken the dollar?
Submitted by cpowell on Fri, 2018-02-02 10:07 Section: Daily DispatchesBy Daniel Shane
CNN, Atlanta
Friday, February 2, 2018
The dollar is at its weakest level in years against other major currencies. Experts say the drop is being driven, at least in part, by the U.S. government. And some suggest it's a deliberate campaign aimed at boosting the American economy at the expense of major trading partners like Europe and Japan.
All trapped gold miners in S. Africa rescued unhurt
Submitted by cpowell on Fri, 2018-02-02 07:11 Section: Daily DispatchesBy Jeanette Chabalala
News24, Johannesburg
Friday, February 2, 2018
WELKOM, South Africa -- The National Union of Mineworkers confirmed today that all 955 Sibanye Gold mine workers who were trapped underground have been resurfaced.
"The mine workers were rescued at around 6:30 this morning," the union's national spokesperson, Livhuwani Mammburu, confirmed to News24.
Nearly a thousand gold miners trapped underground in South Africa
Submitted by cpowell on Thu, 2018-02-01 17:08 Section: Daily DispatchesCentral banks and bullion banks are working hard to keep them trapped.
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By Allan Seccombe
Business Day, Johannesburg
Thursday, February 1, 2018
About 950 workers are trapped underground at Sibanye-Stillwater's Beatrix gold mine in the Free State, after an overnight power failure cause by a lightning strike.
Ted Butler: CFTC's long silver investigation missed what the agency just fined
Submitted by cpowell on Thu, 2018-02-01 16:47 Section: Daily Dispatches4:48p ET Thursday, February 1, 2018
Dear Friend of GATA and Gold:
Mark O'Byrne: Gold rigging won't end until China consents or press publicizes GATA
Submitted by cpowell on Thu, 2018-02-01 16:30 Section: Daily Dispatches4:33p ET Thursday, February 1, 2018
Dear Friend of GATA and Gold:
Gold price suppression, GoldCore's Mark O'Byrne writes today, isn't likely to end until the People's Bank of China stops cooperating with it or until mainstream financial news organizations examine and report the documentation GATA has developed over the years.
Ronan Manly: LBMA promises transparency but never delivers
Submitted by cpowell on Thu, 2018-02-01 16:21 Section: Daily Dispatches4:23p ET Thursday, February 1, 2018
Dear Friend of GATA and Gold:
Gold researcher Ronan Manly today examines the years-long racket of the London Bullion Market Association's promising greater transparency in the gold market while always failing to deliver. Manly's analysis is headlined "What's Happening (or Not) at the LBMA: Some Updates" and it's posted at Bullion Star here:
Russian banks increase gold purchases at record pace
Submitted by cpowell on Thu, 2018-02-01 15:51 Section: Daily DispatchesFrom Russia Today, Moscow
Thursday, February 1, 2018
The Russian government has purchased two-thirds of all the gold mined in country, buying it from local banks to add to reserves as the Kremlin sees the precious metal as a safe haven at a time of geopolitical turbulence.
Indian government plans to eliminate use of cryptocurrencies
Submitted by cpowell on Thu, 2018-02-01 09:12 Section: Daily DispatchesOf course India's government long has been trying to eliminate the use of gold as a store of wealth and hasn't succeeded yet.
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By Devidutta Tripathy and Nidhi Verma
Reuters
Thursday, February 1, 2018
Germany's gold repatriation leader elected chairman of Bundestag's budget committee
Submitted by cpowell on Wed, 2018-01-31 19:16 Section: Daily DispatchesFar-Right MP Elected Head of Germany's Powerful Budget Committee
By Guy Chazan
Financial Times, London
Wednesday, January 31, 2018
An MP for the far-right Alternative for Germany has been elected chairman of the German Bundestag's powerful budget committee, in a significant coup for the populist party.
South Korea doesn't plan to stop crypto trading
Submitted by cpowell on Wed, 2018-01-31 15:58 Section: Daily DispatchesBy Dahee Kim and Cynthia Kim
Reuters
Wednesday, January 31, 2018
SEOUL, South Korea -- South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China’s tough action in blocking virtual coin platforms.
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