You are here
Daily Dispatches
Paulson wins control of Detour board in key shareholder vote
Submitted by cpowell on Thu, 2018-12-13 15:26 Section: Daily DispatchesBy Scott Deveau and Danielle Bochove
Bloomberg News
Thursday, December 13, 2018
Paulson & Co. has convinced shareholders of Detour Gold Corp. to overthrow the bulk of the Canadian miner's board of directors, including its interim CEO, ending a nasty six-month proxy battle.
Paulson gains control of Detour Gold
Submitted by cpowell on Thu, 2018-12-13 12:55 Section: Daily DispatchesPaulson & Co. Announcement
via Globe Newswire, Los Angeles
Thursday, December 13, 2018
NEW YORK -- Paulson & Co. Inc., one of the largest, long-term shareholders in Detour Gold Corp., today announced its appreciation to fellow shareholders for voting to bring positive change to Detour Gold and its support for the company's newly constituted Board of Directors.
CFTC refuses to address GATA's questions about gold and silver market rigging
Submitted by cpowell on Thu, 2018-12-13 12:15 Section: Daily Dispatches12:25p ET Thursday, December 13, 2018
Dear Friend of GATA and Gold:
The U.S. Commodity Futures Trading Commission has refused to reply to or even to acknowledge GATA's questions about manipulation of the gold and silver futures markets that are purportedly regulated by the commission.
National governments tax not to raise revenue but to give value to their currencies
Submitted by cpowell on Thu, 2018-12-13 10:25 Section: Daily Dispatches... The commentary below is an echo of New York Fed Chairman Beardsley Ruml's crucial observations in 1946:
http://home.hiwaay.net/~becraft/RUMLTAXES.html
* * *
Bitcoin Will Be Worthless Until You Can Pay Your Taxes with It
By Mark Cudmore
Bloomberg News
Thursday, December 13, 2018
Barrick moves closer to resolving Acacia dispute with Tanzania
Submitted by cpowell on Wed, 2018-12-12 18:10 Section: Daily DispatchesBy Danielle Bochove, Thomas Biesheuvel, and Kenneth Karuri
Bloomberg News
Wednesday, December 12, 2018
Barrick Gold Corp. has reached an agreement with the Tanzanian government on a $300 million payment, a milestone toward resolving a dispute that has crippled the miner’s subsidiary in the African country, according to people familiar with the situation.
Today's edition of Ed Steer's Gold & Silver Digest posted in the clear at GoldSeek
Submitted by cpowell on Tue, 2018-12-11 23:19 Section: Daily Dispatches11:20p ET Tuesday, December 11, 2018
Dear Friend of GATA and Gold:
Today's edition of GATA Board of Directors member Ed Steer's Gold & Silver Digest letter, headlined "The Powers That Be Were Everywhere Yesterday," is posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1544563584.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Craig Hemke at Sprott Money: Gold and silver price goals for year-end
Submitted by cpowell on Tue, 2018-12-11 17:06 Section: Daily Dispatches5:09p ET Tuesday, December 11, 2018
Dear Friend of GATA and Gold:
Limited-edition coin evokes the Yukon with the territory's own gold
Submitted by cpowell on Tue, 2018-12-11 13:52 Section: Daily Dispatches1:57p ET Tuesday, December 11, 2018
Dear Friend of GATA and Gold:
Because of GATA's Gold Rush 21 conference in Dawson City in the Yukon Territory in 2005, many GATA supporters have a special feeling for that remote but sensationally beautiful and historic part of Canada, so they may be interested in a five-day promotional offer for a gold coin produced by the Yukon Mint.
Fed chairman undertakes charm offensive -- but will he come clean?
Submitted by cpowell on Tue, 2018-12-11 09:46 Section: Daily DispatchesHow about just answering Rep. Alex Mooney's questions, starting with which markets is the Fed secretly trading in, and why?:
* * *
Fed Chairman Powell Is Staging a Charm Offensive to Combat Trump's Attacks
By Craig Torres
Bloomberg News
Tuesday, December 11, 2018
Foreign investors spurn U.S. Treasuries as curve threatens to invert
Submitted by cpowell on Tue, 2018-12-11 09:36 Section: Daily DispatchesBy Tomo Uetake and Saikat Chatterjee
Reuters
Tuesday, December 11, 2018
A worrying sign of inversion in the U.S. Treasury bond curve is dulling the appeal of the developed world's highest-yielding bond market for foreign investors.