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Daily Dispatches
Cheating Venezuela, Bank of England tempts other nations to withdraw their gold
Submitted by cpowell on Thu, 2018-11-15 13:18 Section: Daily Dispatches1:20p ET Thursday, November 11, 2018
Dear Friend of GATA and Gold:
Craig Hemke at Sprott Money: Here comes another squeeze of gold shorts
Submitted by cpowell on Wed, 2018-11-14 15:46 Section: Daily Dispatches3:47p ET Wednesday, November 14, 2018
Dear Friend of GATA and Gold:
Having lured fund managers into shorting gold futures by pushing the price below the 50-day moving average, bullion banks are about to trigger a short squeeze by yanking the price up again, according to the TF Metals Report's Craig Hemke, writing at Sprott Money.
What a world: 'Sultan of Coins' is hanged but Jamie Dimon and Blythe Masters live
Submitted by cpowell on Wed, 2018-11-14 13:40 Section: Daily DispatchesIran Hangs Gold Coin 'Sultan' in Crackdown After U.S. Sanctions
By Ladane Nasseri
Bloomberg News
Wednesday, November 14, 2018
Iran executed a gold dealer known as the "Sultan of Coins" in a warning to merchants not to exploit the country's financial troubles as U.S. sanctions squeeze the economy.
Times of India celebrates central bank's buying gold, selling treasuries
Submitted by cpowell on Wed, 2018-11-14 09:31 Section: Daily DispatchesRising Gold Price Vindicates RBI's Investment Plan
By Gayatri Nayak
The Times of India, Mumbai
Monday, November 12, 2018
MUMBAI -- The Reserve Bank of India's gold purchase plan seems to be paying off as the monthly valuation gains have touched an eight-month high with investor demand for a safe haven rallying the yellow metal.
French president says euro is not yet an alternative to U.S. dollar
Submitted by cpowell on Tue, 2018-11-13 15:34 Section: Daily DispatchesBy Geraldine Amiel and Helene Fouquet
Bloomberg News
Sunday, November 11, 2018
French President Emmanuel Macron said that the euro is not "a clear alternative" to the dollar thanks to the U.S. currency's international "strengths."
GoldCore seeks to capitalize on Brexit with Dublin gold vault
Submitted by cpowell on Tue, 2018-11-13 15:27 Section: Daily DispatchesFrom Reuters
Tuesday, November 13, 2018
Gold broker and storage company GoldCore said today it had opened a gold vault in Dublin, aiming to attract investors looking for an alternative to London after Brexit.
Dublin-based GoldCore, which set up the facility in partnership with security firm Loomis International, said it was Ireland's first institutional-grade vault.
Mining shares have never been cheaper relative to metal, GATA chairman says
Submitted by cpowell on Tue, 2018-11-13 11:57 Section: Daily Dispatches11:59a ET Tuesday, November 13, 2018
Dear Friend of GATA and Gold:
Long-deposed monarchs' money is still good
Submitted by cpowell on Mon, 2018-11-12 18:05 Section: Daily Dispatches6:05p ET Monday, November 12, 2018
Dear Friend of GATA and Gold:
Coin and bullion dealer USAGold's November News & Views letter has been posted, with reports on central bank gold demand, record bullion bank short positions in the monetary metals, gold price predictions, and an insightful quotation from Confucius:
Banque de France wants Paris to compete with London for gold trade
Submitted by cpowell on Mon, 2018-11-12 17:05 Section: Daily DispatchesMacron Tries to Take UK's Gold Crown as Historic Rivalry Is Reborn
By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, November 11, 2018
https://www.telegraph.co.uk/business/2018/11/11/macron-takes-aim-london-...
Gold confiscation is an urgent threat, Greyerz tells KWN
Submitted by cpowell on Sun, 2018-11-11 21:32 Section: Daily Dispatches9:32p ET Sunday, November 11, 2018
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz, interviewed today by King World News, notes that gold confiscation is not a "barbarous relic" of history but an urgent threat to gold investors, what with the Bank of England refusing to repatriate Venezuela's gold.
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