Daily Dispatches

Hackers have stolen about 14% of digital currencies

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By Olga Kharif
Bloomberg News
January 18, 2018

Digital currencies and the software developed to track them have become attractive targets for cybercriminals while creating a lucrative new market for computer-security firms.

'Disastrous' deals sideline gold-mining M&A as metal rises

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By Luzi-Ann Javier
Bloomberg News
Wednesday, January 17, 2018

Stung by some lousy investments that led to billions of dollars in losses a few years ago, the world's major gold producers have cut way back on mining deals -- even as metal prices posted their biggest rally since 2010.

Craig Hemke: Comex positioning indicates gold smash imminent

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12:54p ET Thursday, January 18, 2018

Dear Friend of GATA and Gold:

Dave Kranzler: 2018 should be bullish for the precious metals sector

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By Dave Kranzler
Investment Research Dynamics, Denver
Wednesday, January 17, 2018

Usually I'm loathe to stick out price targets on the markets, especially gold and silver, because of the undeniable market intervention of the central banks -- market manipulation that is so blatant now that it is denied only by card-carrying idiots.

Dollar's weakness unsettles central bankers

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All they have to do is rig gold down some more.

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By Roger Blitz
Financial Times
Wednesday, January 17, 2018

The persistent weakness of the U.S. dollar is forcing global central bankers to step up their efforts in warning about the cost of currency appreciation on their economies.

Monetary metals holding up well despite suppression, GATA chairman says

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7:23p ET Tuesday, January 16, 2018

Dear Friend of GATA and Gold:

China escalates crackdown on cryptocurrency trading

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From Bloomberg News
Monday, January 15, 2018

China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.

Nine banks accused of rigging key Canada lending rate

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By Ben McLannahan
Financial Times, London
Monday, January 15, 2018

A cluster of big banks has been named in a new lawsuit alleging manipulation of a key benchmark lending rate in Canada, opening up a new front in a global scandal that has led to billions of dollars in fines and penalties.

Comex's 'exchange for physicals' mystify gold market, Sprott says

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12:28p ET Monday, January 15, 2018

Dear Friend of GATA and Gold:

Interviewed by Craig Hemke of the TF Metals Report for Sprott Money News, mining entrepreneur Eric Sprott discusses the "exchange for physicals" mechanism that is moving gold futures delivery off the New York Commodities Exchange to secretive resolution in London.

Bundesbank will add China's yuan to currency reserves

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By Jeff Black, Stephen Engle, and Enda Curran
Bloomberg News
Monday, January 15, 2018

Germany's central bank has decided to include the Chinese yuan in its own reserves, in a further boost to the international status of the currency.

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