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Daily Dispatches

Craig Hemke at Sprott Money: The U.S. debt ceiling illusion

Section: Daily Dispatches

8:52p ET Tuesday, July 23, 2019

Dear Friend of GATA and Gold:

The U.S. government's "debt ceiling" is a fraud, the TF Metals Report's Craig Hemke writes tonight at Sprott Money, because it is no longer a fixed amount of indebtedness but rather a date after which incurring more debt is prohibited, a date that is routinely extended.

Silver is trading as it never has before, GATA chairman tells GoldSeek Radio

Section: Daily Dispatches

11:45a ET Monday, July 22, 2019

Dear Friend of GATA and Gold:

Russia plans to rezone Europe's largest national park to develop gold mine

Section: Daily Dispatches

By Alec Luhn
The Telegraph, London
Sunday, July 21, 2019

MOSCOW -- Russian officials are planning to rezone the largest national park in Europe to allow gold mining in a move activists say could put all nature reserves here under threat.

FT's Martin Wolf: Who cares about the prices of useless metals and market rigging?

Section: Daily Dispatches

Not the Financial Times, but central banks disagree.

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2:15p ET Sunday, July 21, 2019

Dear Friend of GATA and Gold:

At least the Financial Times now has come clean about its hostility to gold -- as well as to free markets and elementary journalism.

Ronan Manly: Gold and silver price manipulation is the greatest trick ever pulled

Section: Daily Dispatches

10:48p ET Friday, July 19, 2019

Dear Friend of GATA and Gold:

Gold and silver market manipulation by governments, central banks, and bullion banks is so well documented now as to be beyond obvious, Bullion Star researcher Ronan Manly writes tonight. But the bigger manipulation, Manly concludes, is the very structure of the monetary metals markets themselves.

For a few paragraphs the Financial Times stops sneering at gold

Section: Daily Dispatches

Tumbling Bond Yields Kindle Investor Demand for Gold

By Henry Sanderson
Financial Times, London
Friday, July 19, 2019

https://www.ft.com/content/1a7b2212-a6fe-11e9-b6ee-3cdf3174eb89

Colleagues used to ask Jim Luke why he had so much faith in gold -- a metal that just sits in portfolios, offering no income.

Barrick and Acacia reach buyout deal, ending standoff

Section: Daily Dispatches

By Elena Mazneva and Danielle Bochove
Bloomberg News
Friday, July 19, 2019

For the past two years, Acacia Mining has faced deteriorating relationships with its largest shareholder, Barrick Gold Corp., and the government of Tanzania. Now one of those battles has found a truce.

Russia wants to join EU's bypass of sanctions on Iran

Section: Daily Dispatches

Kremlin Throws Weight Behind EU Effort to Boost Iran Trade

By Henry Foy
Financial Times, London
Thursday, July 18, 2019

MOSCOW -- Russia has signalled its willingness to join a European Union payments channel designed to circumvent U.S. sanctions banning trade with Iran and has called on Brussels to expand the new mechanism to cover oil exports.

Three soldiers die, five hurt in raid on illegal gold mine in French Guiana

Section: Daily Dispatches

From Deutsche Welle, Bonn, Germany
Thursday, July 18, 2019

Three French soldiers have died during an operation against illegal gold mining in the South American territory of French Guiana, authorities said today.

The troops were in a tunnel, laying explosives to destroy an underground mining complex, when they were poisoned by noxious fumes, the French Defense Ministry said.

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