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Daily Dispatches
Tanzania says it won't deal with Acacia anymore, only Barrick
Submitted by cpowell on Tue, 2019-05-28 13:18 Section: Daily DispatchesTanzania Says Acacia Mining Won't Be Allowed Any Role in Country
By Kenneth Karuri and Danielle Bochove
Bloomberg News
Tuesday, May 28, 2019
Tanzania will no longer allow Acacia Mining Plc to manage its mines in the country and will work only with the company's parent, Barrick Gold Corp., to resolve the two-year impasse that has stymied operations, a government spokesman said.
In Vietnam you can still buy a house with gold, and the government doesn't like it
Submitted by cpowell on Mon, 2019-05-27 21:11 Section: Daily DispatchesBy John Boudreau and Nguyen Dieu Tu Uyen
Bloomberg News
Monday, May 27, 2019
Does Ray Dalio really not know better than to invest in GLD?
Submitted by cpowell on Thu, 2019-05-23 22:17 Section: Daily Dispatches10:22p ET Thursday, May 23, 2019
Dear Friend of GATA and Gold:
Fighting gold price suppression by central banks and their market rigging generally would be a lot easier with the help of some of those people who have great resources and purport to be gold advocates themselves but who knowingly or unknowingly assist the other side.
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No inflation? Google buys Manhattan building for 100 times 1996 price
Submitted by cpowell on Thu, 2019-05-23 20:07 Section: Daily DispatchesGoogle to Buy Manhattan Building for 100 Times 1996 Price
By Joshua Chaffin
Financial Times, London
Thursday, May 23, 2019
Google has agreed to pay $600 million to acquire a historic building in Manhattan’s Meatpacking District -- a hundred times what it was sold for in 1996 -- in a deal that reflects the tech company's growing footprint in New York City.
If its trade with U.S. ends, China might not need to support dollar with Treasury purchases anymore
Submitted by cpowell on Thu, 2019-05-23 13:11 Section: Daily DispatchesCould China Dump Its U.S. Treasuries to Fight the Trade War? A Contrarian View is Emerging in Beijing
By Karen Yeung
South China Morning Post, Hong Kong
Thursday, May 23, 2019
Sahil Mahtani: The dollar may be knocked off its pedestal
Submitted by cpowell on Wed, 2019-05-22 22:48 Section: Daily DispatchesAmerica's Competitors, Friend and Foe, Have Opportunities to Challenge the U.S. Currency
By Sahil Mahtani
The Wall Street Journal
Wednesday, May 22, 2019
https://www.wsj.com/articles/the-dollar-may-be-knocked-off-its-pedestal-...
GATA chairman discusses JPM's domination of silver market, news media's blindness
Submitted by cpowell on Wed, 2019-05-22 20:31 Section: Daily Dispatches8:30p ET Wednesday, May 22, 2019
Dear Friend of GATA and Gold:
Jim Cook interviews Ted Butler
Submitted by cpowell on Wed, 2019-05-22 20:17 Section: Daily Dispatches8:15p ET Wednesday, May 22, 2019
Dear Friend of GATA and Gold:
Silver market analyst and manipulation critic Ted Butler, interviewed by Jim Cook of Investment Rarities, says he is still confident that silver will have its day because JPMorganChase eventually will stop suppressing the price so the investment bank can make billions on its hoard of the metal.
Kansas exempts gold and silver coins and bullion from sales tax
Submitted by cpowell on Wed, 2019-05-22 10:58 Section: Daily DispatchesFrom the Industry Council for Tangible Assets
Dacula, Georgia
Tuesday, May 21, 2019
On May 16 Kansas Gov. Laura Kelly signed into law House Bill 2140, which provides a sales-tax exemption on sales of gold and silver coins and on all gold, silver, platinum, and palladium bullion.
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Barrick Gold bids to acquire remaining Acacia shares
Submitted by cpowell on Tue, 2019-05-21 23:32 Section: Daily DispatchesBy Manojna Maddipatla
Reuters
Tuesday, May 21, 2019
Canadian miner Barrick Gold Corp. said today it has proposed to acquire all of the shares it does not already own in Acacia Mining through a share-for-share exchange of 0.153 Barrick shares for each ordinary share of Acacia.
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