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Daily Dispatches
Australian police raid Sydney home of reported bitcoin creator
Submitted by cpowell on Wed, 2015-12-09 08:45 Section: Daily DispatchesBy Byron Kaye and Colin Packham
Reuters
Wednesday, December 9, 2015
SYDNEY, Australia -- Australian police raided Wednesday the Sydney home and office of a man named by Wired magazine as the probable creator of bitcoin and holder of hundreds of millions of dollars worth of the cryptocurrency, Reuters witnesses said.
Bank of Canada wants to be ready with negative rates just in case
Submitted by cpowell on Tue, 2015-12-08 15:21 Section: Daily DispatchesBank of Canada Willing to Resort to Below-Zero Interest Rate in Major Economic Crisis, Poloz Says
By Drew Hasselback
National Post, Toronto
Tuesday, December 8, 2015
TORONTO, Canada -- The Bank of Canada would be willing to cut its benchmark interest rate to below zero percent if the country is faced with a major economic shock, says Stephen Poloz, governor of the Bank of Canada.
India's gold dealers and jewellers plan physical gold exchange
Submitted by cpowell on Tue, 2015-12-08 11:42 Section: Daily DispatchesIndian Industry Group to Launch First Physical Gold Exchange
By Rajendra Jadhav
Reuters
Tuesday, December 8, 2015
MUMBAI, India -- A bullion association in India is planning to launch the country's first physical gold trading exchange, in an attempt to bring transparency to the market for the precious metal in the world's second biggest consumer.
Anglo American cuts dividend and 85,000 jobs in 'radical' restructuring
Submitted by cpowell on Tue, 2015-12-08 11:34 Section: Daily DispatchesIt's OK. The company and all South Africa are happy to sacrifice through commodity price suppression to help maintain living standards in more developed countries.
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By Jon Yeomans
The Telegraph, London
Tuesday, December 8, 2015
Gold-Eagle interviews silver market rigging whistleblower Ted Butler
Submitted by cpowell on Tue, 2015-12-08 11:22 Section: Daily Dispatches11:20a ET Tuesday, December 8, 2015
Dear Friend of GATA and Gold:
GoldMoney's Turk discusses the two-tiered markets for gold and silver
Submitted by cpowell on Mon, 2015-12-07 19:56 Section: Daily Dispatches7:55p ET Monday, December 7, 2015
Dear Friend of GATA and Gold:
Mike Kosares: Keynes on the menace of printing money
Submitted by cpowell on Mon, 2015-12-07 14:19 Section: Daily Dispatches2:18p ET Monday, December 7, 2015
Dear Friend of GATA and Gold:
Gold is the ultimate weapon against the 'imperial project'
Submitted by cpowell on Mon, 2015-12-07 13:35 Section: Daily Dispatches1:40p ET Monday, December 7, 2015
Dear Friend of GATA and Gold:
Somebody else besides GATA not only understands but is writing about what he calls the "imperial project" behind the U.S. dollar.
It's Charles Hugh Smith, who discusses the markets at his Internet site, Of Two Minds. In his December 4 commentary, "Why the Fed Has to Raise Rates" --
Vanishing gold trade prompts Singapore to refine contract
Submitted by cpowell on Sun, 2015-12-06 22:55 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Sunday, December 6, 2015
Just over a year ago, Singapore Exchange Ltd. started gold trading to help bolster the country's role as a bullion hub in Asia, the world's largest consuming region. Transactions slumped to zero in November and the bourse is now trying to revitalize the market.
China begins G-20 leadership with ideas to reduce dollar's role
Submitted by cpowell on Sun, 2015-12-06 22:51 Section: Daily DispatchesBy Enda Curran
Bloomberg News
Sunday, December 6, 2015
As China takes the reins of the Group of 20 for the coming year, the first indications are emerging of its agenda.