Daily Dispatches

Alex Pollock: Confiscation of gold by the federal government -- a lesson

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By Alex Pollock
Real Clear Markets, Washington
Thursday, January 25, 2018

Mnuchin comment surprises markets, turns dollar decline into 'one-way bet'

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By Patti Domm
CNBC, New York
Wednesday, January 24, 2018

Treasury Secretary Steven Mnuchin's comment that a weak dollar is good for the country accelerated a decline in the currency and fed fears in a market already speculating that White House may make the dollar less attractive for the longer term. ...

Myanmar legalizes gold imports and exports

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Gold Exports Now Permitted in Myanmar

By Thiha Ko Ko
Myanmar Times, Yangon
Wednesday, January 24, 2018

Gold and gold jewelry and accessories have been legally cleared for import and export, the Ministry of Commerce said Monday.

Commerce secretary says U.S. isn't abandoning 'strong dollar' policy

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By Matthew J. Belvedere
CNBC, New York
Wednesday, January 24, 2018

Commerce Secretary Wilbur Ross took issue today with media characterizations that the United States is departing from its historically strong dollar policy.

Craig Hemke: Will the bullion banks ever let silver join commodities rally?

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10:07a ET Wednesday, January 24, 2018

Dear Friend of GATA and Gold:

Weakness in the U.S. dollar, the TF Metals Report's Craig Hemke writes today at Sprott Money, is being reflected in the prices of major commodities, particularly oil and copper, but not in silver, whose market is "easily the most manipulated in the world."

So will silver ever rise and catch up to the rest?

Trump team at Davos backs weaker dollar, sharpens trade war talk

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By Enda Curran and Jan Dahinten
Bloomberg News
Wednesday, January 24, 2018

President Donald Trump's top economic advisers set the stage for the rollout of his "America First" manifesto on the world stage.

Gold-backed cryptocurrency planned by Perth Mint to entice investors back to metals

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By Tara de Landgrafft
Australian Broadcasting Corp., Sydney
Tuesday, January 23, 2018

Australia's biggest gold refiner, the Perth Mint, is developing its own cryptocurrency backed by physical precious metals.

The ambitious plan, which is subject to a confidentiality agreement, will make it easier for consumers to buy gold.

Trace Mayer: Bitcoin can become a reserve asset

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By Valentin Schmid
The Epoch Times, New York
Friday, January 19, 2018

After the spectacular run-up in bitcoin in 2017, there are many people who claim to be "early" bitcoin investors -- early meaning 2013 or even as late as 2016.

China plans to rescue any big bank

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China Promises Bank Rescue in Next Crisis as Market Prophets Warn on Rising US Rates

By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, January 23, 2018

China's financial regulator has vowed to rescue the Chinese banking system immediately to avert a banking crisis when the bubble bursts, issuing a blanket guarantee that no major institution will be allowed to fail.

LBMA hopes that blockchain can track everybody's gold

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Gold Market Mulling Blockchain for $200 Billion of Supply

By Eddie Van Der Walt and Ranjeetha Pakiam
Bloomberg News
Tuesday, January 23, 2018

Gold is going digital.

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