Daily Dispatches

Zimbabwe's former central banker says he printed money to prevent coup

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From Bulawayo 24 News
Bulawayo, Zimbabwe
Sunday, April 29, 2018

Former Reserve Bank of Zimbabwe Governor Gideon Gono says he was forced to print money even when he knew it would cause hyperinflation because the government was desperate to forestall a coup by hungry soldiers.

St. Louis Fed says bitcoin is 'like regular currency'

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By David Z. Morris
Fortune magazine, New York
Saturday, April 28, 2018

http://fortune.com/2018/04/28/st-louis-federal-reserve-says-bitcoin-is-l...

Paris to decide fate of huge gold mine in forests of French Guiana

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By Chloe Farand
The Guardian, London
Friday, April 27, 2018

Through the window of the small propeller plane leaving the capital, Cayenne, the jungle's canopy stretches out as far as the eye can see.

More than 90% covered by luxuriant rainforest, French Guiana has little in common with mainland France bar the name.

... Dispatch continues below ...


Royal Canadian Mint calls mounties after 2 kilos of gold vanish

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By Kelly Egan
Ottawa Citizen
Thursday, April 26, 2018

Two kilograms of gold have gone missing from the Royal Canadian Mint, three years after an employee repeatedly -- and with international notoriety -- stole chunks of the precious metal by hiding it in his rectum.

In GoldSeek Radio interview, GATA secretary cites BIS, Comex developments

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3:10p ET Thursday, April 26, 2018

Dear Friend of GATA and Gold:

Interviewed by GoldSeek Radio's Chris Waltzek, your secretary/treasurer discusses the increasing intervention of the Bank for International Settlements in the gold market over the past year, as well as the refusal of major financial news organizations to report it.

Craig Hemke at Sprott Money: The soaring dollar crushes the commodity rally

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By Craig Hemke
Sprott Money, Toronto
Wednesday, April 25, 2018

Just last week it appeared that a general rally in commodities was underway.

Gold, silver, the base metals, and crude oil were all soaring. But now, less than one week later, prices are falling sharply. And why?

Blame the high-frequency traders who trade the digital derivative contracts.

Trump's bank watchdog bought financial stocks up until taking office

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By Michelle Price and Patrick Rucker
Reuters
Wednesday, April 25, 2018

WASHINGTON -- U.S. President Donald Trump's nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics.

Ex-UBS metals trader beats spoofing conspiracy charge

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By Christie Smythe
Bloomberg News
Wednesday, April 25, 2018

If anything is more precious than gold, it might be an acquittal.

A former UBS Group AG precious metals trader was found not guilty on Wednesday of scheming to manipulate futures markets through a practice known as spoofing.

Come clean about gold, congressman tells Treasury and Fed

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11:41a ET Wednesday, April 25, 2018

Dear Friend of GATA and Gold:

A member of Congress this week asked the U.S. Treasury Department and Federal Reserve to come clean about government policy toward gold.

Ronan Manly: Turkey and Russia emphasize gold's strategic importance

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6:27p ET Tuesday, April 24, 2018

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly today notes the strategic importance increasingly placed on their gold reserves by Turkey and Russia. Manly's analysis is headlined "Turkey and Russia Highlight Gold's Role as a Strategically Important Asset" and it's posted at Bullion Star here:

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