Daily Dispatches

Six European countries join barter system for Iran trade

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From Agence France-Presse
via Yahoo News
Saturday, December 30, 2019

PARIS -- Paris, London, and Berlin today welcomed six new European countries to the INSTEX barter mechanism, which is designed to circumvent US sanctions against trade with Iran by avoiding use of the dollar.

India makes gold jewellery hallmarking mandatory from January 15

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Amazing -- the Indian government facilitates the monetizing of gold here, rather than the usual paperizing of it.

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By Rajendra Jadhav
Reuters
Friday, November 29, 2019

Cuba reintroduces the dollar

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From The Economist, London
Thursday, November 28, 2019

Gold is 'a symbol ... a sign of economic sovereignty'

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Gold Is New Obsession for East Europe's Nationalist Leaders

By Andrea Dudik and Radoslav Tomek
Bloomberg News via Yahoo News
Friday, November 29, 2019

https://www.yahoo.com/finance/news/gold-obsession-east-europe-nationalis...

Gold is all that nationalist leaders in Europe's east can talk about these days.

Ronan Manly: So where's the rest of Poland's gold, really?

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8:55p ET Thursday, November 28, 2019

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly tonight takes a closer looks at Poland's repatriation of 100 tonnes of its gold reserves from the Bank of England. He reveals that it was an elaborate operation involving eight air cargo flights of a thousand and heavy police security.

Junior miner Aurania Resources discovers possible Spanish gold road in Ecuador jungle

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From the Canadian Press
via BNN/Bloomberg Canada
Wednesday, November 27, 2019

TORONTO -- A Canadian junior mining company says it has discovered remnants of a road in Ecuador that may have been built about 450 years ago by the Colonial Spanish to transport gold ingots from two mining centres.

India said to import 25% more gold than officially reported

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India Is One of the Largest Gold Smuggling Hubs, Report Says

From The Hindu, Chennai, India
Thursday, November 28, 2019

International non-government organisation IMPACT, in its latest report, says India has become one of the largest gold smuggling hubs in the world.

U.K. can't be trusted with Slovakia's gold, country's top party leader says

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And can Slovakia's own central bank be trusted with it? The bank's spokesman says the bank is "actively trading" Slovakia's 32 tonnes.

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By Radoslav Tomek
Bloomberg News
Thursday, November 28, 2019

https://www.bloomberg.com/news/articles/2019-11-28/u-k-can-t-be-trusted-...

Alasdair Macleod: U.S. trade policy will destroy the dollar

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By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, November 28, 2019

Indian rupee is getting crushed by its own central bank

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By Kartik Goyal
Bloomberg News
Wednesday, November 27, 2019

The Reserve Bank of India's efforts to support the flagging economy are turning out to be a bane for the rupee.

The currency is the worst performer in emerging Asia this quarter, and analysts say that’s because the central bank is mopping up dollars gushing into local stocks and bonds.

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