Daily Dispatches

Deutsche Bank fined over 'improper' forex conduct

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By Kadhim Shubber, Martin Arnold, and Olaf Storbeck
Financial Times, London
Wednesday, June 20, 2018

Deutsche Bank will pay $205 million for violations of New York banking law stemming from its foreign exchange trading business, in the latest rap on the knuckles from U.S. authorities for Germany's biggest bank.

Craig Hemke at Sprott Money: More on Comex 'exchanges for paper'

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8:03p ET Wednesday, June 20, 2018

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing for Sprott Money, reports tonight that more gold and silver delivery obligations were transferred off the New York Commodities Exchange during Friday's smashdown than could possibly be delivered as use of the fraudulent "exchange for physicals" mechanism exploded.

Russia dumps Treasuries for gold

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By Natasha Doff
Bloomberg News
Wednesday, June 20, 2018

Russia is rethinking what counts as a haven asset as it duels with the U.S.

Gold Street is where South Africa's mining history goes to die

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South Africa is a member of both the International Monetary Fund and the Bank for International Settlements, organizations that help execute the gold price suppression scheme of the major developed countries to exploit the developing world.

Cryptocurrencies fall as Korean exchange says $32 million of coins stolen

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By Eric Lam
Bloomberg News
Tuesday, June 19, 2018

Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was hacked, renewing concerns about the safety of digital-asset trading venues.

Tiny Asian nation hoards gold as shield against trade war

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By Evgenia Pismennaya and Anna Andrianova
Bloomberg News
Tuesday, June 19, 2018

What do you do when your two biggest trading partners are embroiled in economic standoffs with the United States? You buy as much gold as you possibly can.

(Yawn) Morgan to pay $65 million for dollar benchmark manipulation

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By Gabriel T. Rubin
The Wall Street Journal
Monday, June 18, 2018

WASHINGTON -- JPMorgan Chase & Co. agreed to pay a $65 million fine to settle claims that it tried to manipulate a global interest rate benchmark, the latest fine levied by U.S. regulators to punish crisis-era manipulation schemes by large banks.

The 1838 shipwreck was the Titanic of its time and divers just made an eerie discovery

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By Mary Price
Charlotte (North Carolina) Observer
Sunday, June 17, 2018

Divers recovering artifacts off the steamship Pulaski have made an eerie find that gives credence to eyewitness accounts of the night the ship sank in 1838, taking some of the nation's richest people to the bottom of the Atlantic.

Dave Kranzler: Was gold actually dumped Friday?

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10:40p ET Sunday, June 17, 2018

Dear Friend of GATA and Gold:

Bitcoin could break the internet, central bank overseer warns

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By Edward Robison
Bloomberg News
Sunday, June 17, 2018

The Bank for International Settlements just told the cryptocurrency world it's not ready for prime time -- and as far as mainstream financial services go, may never be.

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