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Daily Dispatches
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
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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?:
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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.
Paulson cries foul as Detour Gold extends voting to halt a board coup
Submitted by cpowell on Mon, 2018-12-10 20:24 Section: Daily Dispatches'This Is What Despots and Dictators Do': Paulson Cries Foul as Detour Gold Extends Voting to Halt a Board Coup
By Gabriel Friedman
National Post, Toronto
Monday, December 10, 2018
Detour Gold Corp.'s management was left scrambling to fight off a board coup on Monday, after a crucial initial vote showed shareholders wanted to oust at least five out of its nine directors.
Illegal gold rush destroying Amazon rainforest, study says
Submitted by cpowell on Mon, 2018-12-10 18:47 Section: Daily DispatchesBy Anastasia Moloney
Reuters
Monday, December 10, 2018
BOGOTA, Colombia -- A rise in small-scale illegal gold mining is destroying swathes of the Amazon rainforest, according to research released today that maps the scale of the damage for the first time.
USAGold's December letter: Where are we now in the investor cycle?
Submitted by cpowell on Mon, 2018-12-10 15:52 Section: Daily Dispatches3:54p ET Monday, December 10, 2018
Dear Friend of GATA and Gold:
USAGold's December News & Views letter records what seems to be the changing of tides in the market away from stocks and bonds and toward the long-unloved monetary metals. The letter is headlined "Where Are We Now In the Investor Cycle?" and it's posted here:
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