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Daily Dispatches
Wary of crypto, UK government blocks Royal Mint's digital gold
Submitted by cpowell on Fri, 2018-11-02 13:31 Section: Daily DispatchesBy Peter Hobson
Reuters
Friday, October 25, 2018
LONDON -- Britain's Royal Mint has frozen plans to launch a digital gold token after a partnership with U.S. exchange group CME failed and the government vetoed a plan to have the tokens trade on a cryptocurrency exchange, three sources told Reuters.
Euro's bid to challenge King Dollar collides with political risk
Submitted by cpowell on Thu, 2018-11-01 19:16 Section: Daily DispatchesBy Anooja Debnath, Charlotte Ryan, and Katherine Greifeld
Bloomberg News
Thursday, November 1, 2018
Europe's dream of turning the euro into a global reserve currency that can rival the dollar is proving more elusive than ever.
Alasdair Macleod: China can't avoid 'harvesting' by U.S. unless it bakcs yuan with gold
Submitted by cpowell on Thu, 2018-11-01 19:06 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, November 1, 2018
Slump in rupee pushes India to seek trade settlement in yuan
Submitted by cpowell on Wed, 2018-10-31 13:05 Section: Daily DispatchesBy Archana Chaudhary
Bloomberg News
Monday, October 29, 2018
India is considering allowing some imports from China to be settled in yuan, people familiar with the proposal said, as the South Asian nation moves to limit its currency's loss against the dollar.
Craig Hemke at Sprott Money: Bullion banks want market rigging, not higher prices
Submitted by cpowell on Wed, 2018-10-31 10:59 Section: Daily Dispatches9:50a CT Wednesday, October 31, 2018
Dear Friend of GATA and Gold:
Dollars declined as India plans to pay in rubles for Russian air-defense system
Submitted by cpowell on Wed, 2018-10-31 10:38 Section: Daily DispatchesFrom Russia Today, Moscow
Wednesday, October 31, 2018
The contract between Moscow and New Delhi on supplies of Russian S-400 air defense systems will be settled in rubles, according to Russian Deputy Prime Minister Yuri Borisov.
GATA board member Steer explains how futures control monetary metals prices
Submitted by cpowell on Wed, 2018-10-31 10:27 Section: Daily Dispatches9:27a CT Wednesday, October 31, 2018
Dear Friend of GATA and Gold:
Ronan Manly: LBMA initiative will prevent transparency in London gold market
Submitted by cpowell on Tue, 2018-10-30 13:00 Section: Daily Dispatches12:55p ET Tuesday, October 30, 2018
Dear Friend of GATA and Gold:
Bullion Star market analyst Ronan Manly, long a close observer of the London Bullion Market Association, writes today that the association's pledge Monday --
Divers searching for 'extremely rare' gold coins in 1840 shipwreck off South Carolina
Submitted by cpowell on Tue, 2018-10-30 11:26 Section: Daily DispatchesBy Mark Price
Charlotte Observer, Charlotte, North Carolina
Sunday, October 28, 2018
Theres a mysterious spot about 20 miles off South Carolina where centuries-old gold coins have been found strewn across the ocean floor for decades.
It's believed to be the final resting place of the SS North Carolina, a steamship that historians say sank in 1840 under bizarre circumstances.
Resource-rich, brains-poor Zimbabwe just can't seem to smarten up
Submitted by cpowell on Tue, 2018-10-30 11:12 Section: Daily DispatchesZimbabwe Gold Producers Warn Currency Shortage Threatens Output
By Godfrey Marawanyika
Bloomberg News
Monday, October 29, 2018
Zimbabwean gold producers may suspend operations because a foreign-exchange shortage has left them with insufficient funds to cover production costs, the main industry lobby group said.
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