Daily Dispatches

Hugo Salinas Price: What is a bitcoin?

Submitted by cpowell on Mon, 2015-11-09 20:31 Section: Daily Dispatches

8:30p ET Monday, November 9, 2015

Dear Friend of GATA and Gold:

Bitcoins, Mexican Civic Association for Silver President Hugo Salinas Price writes today, are no more real than government-issued currency, both being little more than computer entries. Salinas Price's commentary is headlined "What Is a Bitcoin?" and it's posted at the association's Internet site, Plata.com, here:

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Koos Jansen: Comex deliveries vs. Shanghai Gold Exchange withdrawals

Submitted by cpowell on Mon, 2015-11-09 15:32 Section: Daily Dispatches

3:30p ET Monday, November 9, 2015

Dear Friend of GATA and Gold:

Read more about Koos Jansen: Comex deliveries vs. Shanghai Gold Exchange withdrawals

China to allow direct conversion between yuan and Swiss franc

Submitted by cpowell on Mon, 2015-11-09 11:17 Section: Daily Dispatches

By Fion Li
Bloomberg News
Monday, November 9, 2015

China took another step to boost the yuan's global usage, saying it will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the International Monetary Fund.

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Reuters: European Central Bank may push interest rates more negative

Submitted by cpowell on Mon, 2015-11-09 11:14 Section: Daily Dispatches

ECB Rate Setters Converge on December Deposit Rate Cut

By Paul Taylor and Balazs Koranyi
Reuters
Monday, November 9, 2015

A consensus is forming at the European Central Bank to take the interest rate it charges banks to park money deeper into negative territory in December, four governing council members said, a move that could weaken the euro and push up inflation.

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Join GATA at the Silver Summit in San Francisco Nov. 23-24

Submitted by cpowell on Sun, 2015-11-08 14:59 Section: Daily Dispatches

3p ET Sunday, November 8, 2015

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and Board of Directors member Ed Steer will be among many speakers of interest to GATA supporters at the 2015 Silver Summit and Resource Expo, co-sponsored by Cambridge House and Katusa Research, to be held Monday and Tuesday, November 23 and 24, at the Park Central Hotel in beautiful San Francisco.

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Sean Fieler: Competition for the Fed's money monopoly

Submitted by cpowell on Sat, 2015-11-07 18:32 Section: Daily Dispatches

By Sean Fieler
The Wall Street Journal
Sunday, November 1, 2015

http://www.wsj.com/articles/competition-for-the-feds-money-monopoly-1446...

History suggests that the only way to rein in the sprawling Federal Reserve is to end its money monopoly and restore the American people's ability to use gold as a competing currency.

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Merge or die, major gold miners told by Randgold's Bristow

Submitted by cpowell on Sat, 2015-11-07 16:59 Section: Daily Dispatches

By Thomas Biesheuvel
Business Day, Johannesburg, South Africa
Friday, November 6, 2015

LONDON -- The biggest gold miners, weighed down by record debt and with prices near a five-year low, will have to merge with others to survive, according to Randgold Resources, the best-performing producer of the metal in the past 10 years.