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Daily Dispatches
Russian finance ministry suggests outlawing crypto mining
Submitted by cpowell on Wed, 2017-12-06 19:37 Section: Daily DispatchesFrom Russia Today, Moscow
Wednesday, December 6, 2017
As the Russian government is working on laws to regulate virtual currencies, the country's finance ministry has proposed making their mining illegal. However, buying them will not be punishable.
Bitcoin mining service NiceHash says hackers emptied its wallet
Submitted by cpowell on Wed, 2017-12-06 19:15 Section: Daily DispatchesBy Olga Kharif
Bloomberg News
Wednesday, December 6, 2017
NiceHash, the marketplace for cloud-based mining of cryptocurrencies, said hackers breached its systems and stole an unknown amount of bitcoin from its virtual wallet.
TF Metals Report: Another tradable low coming
Submitted by cpowell on Wed, 2017-12-06 15:16 Section: Daily Dispatches3:16p ET Wednesday, December 6, 2017
Dear Friend of GATA and Gold:
GATA Chairman Murphy interviewed for Reluctant Preppers
Submitted by cpowell on Wed, 2017-12-06 09:58 Section: Daily Dispatches9:58a ET Wednesday, December 6, 2017
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed by Dunagun Kaiser for Reluctant Preppers, discusses the contrast between the suppressed prices of the monetary metals and the exploding prices of all other assets. The interview is 16 minutes long and can be heard at YouTube here.
Gold mining to resume in Wales after 20 years, just in time for royal wedding
Submitted by cpowell on Tue, 2017-12-05 10:19 Section: Daily DispatchesFrom Wales Online, Cardiff, Wales, United Kingdom
Monday, December 4, 2017
There are plans to restart gold mining in north Wales after a major mineral firm took a large stake in the owner of the Clogau gold project.
Alba Mineral Resources has taken a 49-percent stake in Gold Mines of Wales Ltd. (GMOW), which owns the the Clogau gold project, situated within the Dolgellau gold belt.
An $814 million mystery near the heart of the biggest bitcoin exchange
Submitted by cpowell on Tue, 2017-12-05 08:59 Section: Daily DispatchesBy Matthew Leising
Bloomberg News
Tuesday, December 5, 2017
Among the many mysteries at the heart of the cryptocurrency market are these: Does $814 million of a digital token known as tether really exist? And what is tether's connection to Bitfinex, the world's biggest bitcoin exchange?
People have spent over $1 million buying virtual cats on ethereum blockchain
Submitted by cpowell on Mon, 2017-12-04 22:27 Section: Daily DispatchesBy Fitz Tepper
Tech Crunch, San Francisco
Sunday, December 3, 2017
Launched a few days ago, CryptoKitties is essentially like a digital version of Pokemon cards but based on the ethereum blockchain. And like most viral sensations that catch on in the tech world, it's blowing up fast.
Bullion Star's November charts show gold demand rising in China, India, Russia
Submitted by cpowell on Mon, 2017-12-04 20:10 Section: Daily Dispatches8:09p ET Monday, December 4, 2017
Dear Friend of GATA and Gold:
Bullion Star's gold market charts for November, posted today, show rising demand for the metal in China, India, and Russia. The charts are posted at Bullion Star here:
https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...
CHRIS POWELL, Secretary/Treasurer
Russia-China bond market play could start a dollarless financial system
Submitted by cpowell on Mon, 2017-12-04 13:11 Section: Daily DispatchesFrom Russia Today, Moscow
Monday, December 4, 2017
The Moscow stock exchange will soon issue nearly $1 billion of yuan-denominated bonds. It could become the start of a new financial system not based on the U.S. dollar, analysts say.
World Gold Council plans another ETF
Submitted by cpowell on Mon, 2017-12-04 13:03 Section: Daily DispatchesNew Physical Gold ETF Filed
From ETF.com, New York
Monday, December 4, 2017
The World Gold Council has filed for a new physical gold ETF. The Gold Trust will be very similar to the $35 billion SPDR Gold Trust (GLD), the world's largest gold fund, but with key differences.
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