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Daily Dispatches
With a higher, free-market price for gold, there will be money for mining remediation
Submitted by cpowell on Mon, 2019-12-30 11:23 Section: Daily DispatchesIn Indonesia, Outlaw Gold Miners Poison Themselves to Survive
By Richard C. Paddock
The New York Times
Monday, December 30, 2019
TALIWANG, Indonesia -- The wildcat miner had something to prove: processing gold ore with liquid mercury was perfectly safe. So he drank some of the toxic chemical, choosing the promises of gold fever over the pain of mercury poisoning.
China's gold imports from Hong Kong fall, but what about Shanghai and Beijing?
Submitted by cpowell on Mon, 2019-12-30 11:16 Section: Daily DispatchesChina's November Gold Imports from Hong Kong Fall Near 9-Year Low
From Reuters
Monday, December 30, 2019
China’s net gold imports via Hong Kong in November plunged 72% from the previous month to their lowest in nearly nine years, data from the Hong Kong Census and Statistics Department showed today, mainly due to subdued demand.
Potter's 'piggy bank' contains Caliph Harun's 1,200-year-old money, and it's still good though his regime is long gone
Submitted by cpowell on Sun, 2019-12-29 20:38 Section: Daily DispatchesTrove of 1,200-Year-Old 'Arabian Nights' Gold Coins Uncovered in Israel
By Rossella Tercatin
Jerusalem Post, Israel
Sunday, December 29, 2019
https://www.jpost.com/Israel-News/Culture/Trove-of-1200-year-old-Arabian...
Cases of fine American wine await three GATA supporters -- maybe you?
Submitted by cpowell on Thu, 2019-12-26 21:48 Section: Daily DispatchesBut you must reply by December 31.
* * *
9:47p ET Thursday, December 26, 2019
Dear Friend of GATA and Gold:
Can the chance of winning a great prize induce you to support a great cause?
Two thoughtful friends of GATA -- one a leading bullion U.S. dealer, the other a well-regarded U.S. winery -- have joined forces to bring our supporters a juicy year-end offer:
Alasdair Macleod: Bond worries and gold
Submitted by cpowell on Thu, 2019-12-26 20:35 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, December 26, 2019
Corporate defaults in China surge in 2019 to record $18.6 billion
Submitted by cpowell on Thu, 2019-12-26 19:29 Section: Daily DispatchesBy Don Weinland
Financial Times, London
Thursday, December 26, 2019
Corporate defaults in China surged to a record high in 2019, raising new questions over how policymakers in Beijing will manage mounting financial distress among large private and state-owned companies.
Pam and Russ Martens: Goldman's federally-insured bank loses $1.2 billion in derivative bets
Submitted by cpowell on Thu, 2019-12-26 14:06 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Thursday, December 26, 2019
Russia could consider investing part of National Wealth Fund in gold
Submitted by cpowell on Tue, 2019-12-24 18:04 Section: Daily DispatchesFrom Reuters
Tuesday, December 24, 2019
MOSCOW -- Russia could consider investing part of its National Wealth Fund in gold, Finance Minister Anton Siluanov said, adding that he sees investment in the precious metal as more sustainable in the long-term than in financial assets.
The signs swirl all around us, so is the reset at hand?
Submitted by cpowell on Tue, 2019-12-24 16:27 Section: Daily Dispatches4:38p ET Tuesday, December 24, 2019
Dear Friend of GATA and Gold:
For most of this decade owning gold and gold-related investments has required the patience of Job, and the sector is so obscure that it is hard to be sure of anything. But for months now the unusual developments have been piling up so much that it may be possible to regain some optimism.
J.P. Koning: A new era of digital gold payments systems?
Submitted by cpowell on Mon, 2019-12-23 23:35 Section: Daily Dispatches11:30p ET Monday, December 23, 2019
Dear Friend of GATA and Gold:
Bullion Star researcher J.P. Koning tonight describes the history of internet gold payment systems and explains why he doesn't think such systems will gain many users. His analysis is headlined "A New Era of Digital Gold Payments Systems?" and it's posted at Bullion Star here: