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Daily Dispatches
Junior miner Aurania Resources discovers possible Spanish gold road in Ecuador jungle
Submitted by cpowell on Thu, 2019-11-28 20:25 Section: Daily DispatchesFrom 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
Submitted by cpowell on Thu, 2019-11-28 20:17 Section: Daily DispatchesIndia 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
Submitted by cpowell on Thu, 2019-11-28 19:54 Section: Daily DispatchesAnd 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
Submitted by cpowell on Thu, 2019-11-28 12:34 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, November 28, 2019
Indian rupee is getting crushed by its own central bank
Submitted by cpowell on Wed, 2019-11-27 22:27 Section: Daily DispatchesBy 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.
Not many new gold mines on the way, Agnico-Eagle CEO Boyd says
Submitted by cpowell on Wed, 2019-11-27 18:11 Section: Daily DispatchesBy Kevin Stankiewicz
CNBC, New York
Wednesday, November 27, 2019
While demand for gold remains strong, building mines has grown more difficult over the last decade, the CEO of a Canadian miner told CNBC's Jim Cramer on Tuesday.
"It's a lot tougher now than it was 10 or 15 years ago," Sean Boyd said on "Mad Money."
Huge bets in NY that gold could triple to $4,000 by June 2021
Submitted by cpowell on Wed, 2019-11-27 18:05 Section: Daily DispatchesBy Yvonne Yue Li
Bloomberg News
Wednesday, November 27, 2019
The gold options market today saw $1.75 million in block trades betting the precious metal could almost triple in more than a year, surpassing the record.
Pam and Russ Martens: 2008 Fed email about 'intra-day bankruptcy' illuminates today's repo scare
Submitted by cpowell on Tue, 2019-11-26 12:15 Section: Daily DispatchesBy Pam and Russ Martens
Wall Street on Parade
Tuesday, November 26, 2019
There is one phrase on Wall Street that instills fright like no other -- "intra-day bankruptcy" -- especially if it's describing a bankruptcy filing by a highly interconnected Wall Street firm.
Keiser Report notes NY Fed's denial to GATA of repo cash details
Submitted by cpowell on Mon, 2019-11-25 12:43 Section: Daily Dispatches12:43p ET Monday, November 25, 2019
Dear Friend of GATA and Gold:
Jan Nieuwenhuijs: Central banks becoming more honest about gold
Submitted by cpowell on Mon, 2019-11-25 12:11 Section: Daily Dispatches12:10p ET Monday, November 25, 2019
Dear Friend of GATA and Gold:
Western central banks and particularly those of Germany and France lately have been acknowledging gold's crucial role in the international monetary system, Jan Nieuwenhuijs writes today at Finland's Voima Gold internet site.
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