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Daily Dispatches
Some of the rarest US coins ever found are hitting the market, thanks to shipwreck off North Carolina
Submitted by cpowell on Fri, 2019-02-15 23:21 Section: Daily DispatchesBy Mark Price
Charlotte Observer, Charlotte, North Carolina
Thursday, February 14, 2019
The first 502 gold and silver coins plucked from a shipwreck off North Carolina have been sold to a global coin dealer at a price that "wildly exceeded" the recovery project's expectations.
6,000 miners to lose jobs but South Africa doesn't care about gold price suppression
Submitted by cpowell on Fri, 2019-02-15 01:20 Section: Daily DispatchesSouth Africa's Sibanye Weighs Slashing 6,000 Jobs to Stem Gold Losses
By Henry Sanderson
Financial Times, London
Thursday, February 14, 2019
South African miner Sibanye-Stillwater said it may have to cut nearly 6,000 jobs as part of a restructuring of its gold mines due to ongoing losses.
Yikes! Times ARE changing -- The snots at The Economist pontificate favorably about gold
Submitted by cpowell on Thu, 2019-02-14 20:52 Section: Daily DispatchesCatching the Gold Bug
When Trouble Strikes, Where Should You Hide? The Case for Gold
The Grand Central Theory of Markets
The Buttonwood column
The Economist, London
Thursday, February 14, 2019
https://www.economist.com/finance-and-economics/2019/02/16/when-trouble-...
Imagine you have an assignation in New York.
No inflation? What planet do the government statisticians live on?
Submitted by cpowell on Thu, 2019-02-14 11:22 Section: Daily DispatchesHeadlines Say There's No Inflation, But Look at What's Getting More Expensive
By Yun Li
CNBC, New York
Wednesday, February 13, 2019
U.S. consumer prices were unchanged in January on the headline level, but looking under the hood, some of the most basic consumption including rent, food and medical care are all getting more expensive.
Intercontinental Exchange admits metals market vulnerability to rigging
Submitted by cpowell on Thu, 2019-02-14 11:04 Section: Daily Dispatches'Flash Boys'-Style Speed Bump Planned for Futures Markets
By Nick Baker
Bloomberg News
Wednesday, February 13, 2019
Intercontinental Exchange Inc.'s futures market wants to join the battle against the fastest traders.
USAGold's News & Views finds expectations of gold's breakout year
Submitted by cpowell on Wed, 2019-02-13 20:44 Section: Daily Dispatches8:44p ET Wednesday, February 13, 2019
Dear Friend of GATA and Gold:
USAGold's "News & Views" newsletter for February asks whether 2019 will be gold's "breakout" year and finds a fair number of analysts who indeed expect that it will be. The newsletter is posted in the clear at USAGold here:
http://www.usagold.com/cpmforum/nv1002-feb19/
CHRIS POWELL, Secretary/Treasurer
Ted Butler is confident that Justice Dept. will stop JPM's silver rigging
Submitted by cpowell on Wed, 2019-02-13 20:39 Section: Daily Dispatches8:38p ET Wednesday, February 13, 2019
Dear Friend of GATA and Gold:
Italy won't sell even 'a gram' of gold reserves, leading legislator says
Submitted by cpowell on Wed, 2019-02-13 10:26 Section: Daily DispatchesBesides, first they'd have to find it.
* * *
By Giselda Vagnoni
Reuters
Wednesday, February 13, 2019
ROME -- The Italian government has no intention of selling the Bank of Italy's gold reserves to plug budget holes, a prominent lawmaker of the ruling League party said today.
Indian brides still want gold, not rupees
Submitted by cpowell on Wed, 2019-02-13 00:09 Section: Daily DispatchesBy Krishna N. Das
Reuters
Thursday, February 7, 2019
NEW DELHI, India -- An Indian state will give gold worth about $530 to every bride from a poor family, the latest budget giveaway ahead of a general election that must be held by May.
Ronan Manly: Italy's gold enters the political fray, but who really owns it?
Submitted by cpowell on Tue, 2019-02-12 21:17 Section: Daily Dispatches9:15p ET Tuesday, February 12, 2019
Dear Friend of GATA and Gold: