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Daily Dispatches
China suggests that it's done devaluing yuan
Submitted by cpowell on Sat, 2018-10-13 09:47 Section: Daily DispatchesChina Echoes IMF Pledges to Avoid Using Currency as Trade War Tool
By David Lawder and Leika Kihara
Reuters
Saturday, October 13, 2018
NUSA DUA, Indonesia -- China's top central banker today pledged to keep the yuan currency's value "broadly stable," a sign that Beijing may be trying to prevent a bruising trade dispute with the United States from spilling over into a currency war.
Battle for big Canadian gold mine flares up anew
Submitted by cpowell on Sat, 2018-10-13 09:38 Section: Daily DispatchesBy Gabriel Friedman
National Post, Toronto
Friday, October 12, 2018
Fresh blows landed Friday in the battle for control of Detour Gold Inc. -- which operates one of the largest gold mines in Canada -- with the company's current board and hedge fund Paulson & Co. each accusing the other of rejecting settlement offers.
Chile's environmental court orders Barrick to close Pascua-Lama gold mine
Submitted by cpowell on Fri, 2018-10-12 23:00 Section: Daily DispatchesBy Antonio De la Jara
Reuters
Friday, October 12, 2018
https://www.reuters.com/article/us-barrick-gold-chile/chile-environmenta...
Ronan Manly: Skepticism reigns about true state of China's gold reserves
Submitted by cpowell on Fri, 2018-10-12 14:41 Section: Daily Dispatches2:39p ET Friday, October 12, 2018
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly today reviews China's practice of acquiring gold reserves surreptitiously and reporting them to the International Monetary Fund only at long intervals.
TF Metals Report's Craig Hemke interviews GATA secretary
Submitted by cpowell on Fri, 2018-10-12 10:24 Section: Daily Dispatches10:31a ET Friday, October 12, 2018
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report interviewed your secretary/treasurer yesterday.
Among the topics:
-- The longstanding central bank policy of restraining the price of gold.
-- GATA's most recent efforts to question U.S. government agencies about surreptitious intervention in markets.
Alasdair Macleod: The credit cycle is on the turn
Submitted by cpowell on Thu, 2018-10-11 12:30 Section: Daily Dispatches12:30p ET Thursday, October 11, 2018
Dear Friend of GATA and Gold:
Signs suggest China may tolerate yuan's weakening past 7 per dollar
Submitted by cpowell on Thu, 2018-10-11 09:04 Section: Daily DispatchesBy Emma Dai and Tian Chen
Bloomberg News
Wednesday, October 10, 2018
There are growing signs China's yuan may weaken past 7 per dollar, a key psychological level it hasn't breached in a decade.
Crypto theft hits nearly $1 billion in first nine months, report says
Submitted by cpowell on Wed, 2018-10-10 10:55 Section: Daily DispatchesBy Gertrude Chavez-Dreyfuss
Reuters
Wednesday, October 10, 2018
NEW YORK -- Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from U.S.-based cyber security firm CipherTrace released today.
USAGold's October letter with market and metal commentary
Submitted by cpowell on Tue, 2018-10-09 21:00 Section: Daily Dispatches9p ET Tuesday, October 9, 2018
Dear Friend of GATA and Gold:
USAGold's October newsletter has been posted, with commentary about fears of a stock market crash, the spurt in sales of U.S. silver eagles, concerns about inflation, Italy's threat to Eurozone unity, China's acquisition of a big mine in Argentina, and more. It's available in the clear at USAGold here:
Craig Hemke at Sprott Money: The banks are not on your side
Submitted by cpowell on Tue, 2018-10-09 20:48 Section: Daily Dispatches8:48p ET Tuesday, October 9, 2018
Dear Friend of GATA and Gold:
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