Daily Dispatches

GATA publishes its federal tax returns

Submitted by cpowell on Tue, 2018-04-17 15:52 Section: Daily Dispatches

3:56p ET Tuesday, April 17, 2018

Dear Friend of GATA and Gold:

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Venezuela's 'suffocating' oil workers request dollar payments

Submitted by cpowell on Tue, 2018-04-17 07:42 Section: Daily Dispatches

By Fabiola Zerpa
Bloomberg News
Monday, April 16, 2018

A group of workers at Venezuela's state-owned oil company is requesting wages in dollars as well as meal plans and better health insurance to make up for what they called "suffocating" economic conditions.

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China increases U.S. Treasuries holdings despite trade tension

Submitted by cpowell on Tue, 2018-04-17 07:36 Section: Daily Dispatches

By Joe Rennison and Robin Wigglesworth
Financial Times, London
Monday, April 16, 2018

China expanded its U.S. Treasury holdings in February despite escalating trade tension between Beijing and Washington at the time, helping damp concerns the country could shed U.S. assets to hit back at the Trump administration.

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Dollar and IMF oppress but gold doesn't, Turkish president says

Submitted by cpowell on Tue, 2018-04-17 07:16 Section: Daily Dispatches

International Loans 'Should Be Based on Gold, Not Dollars,' Erdogan Says

From the Hurriyet Daily News, Istanbul
Monday, April 16, 2018

Turkish President Recep Tayyip Erdogan has suggested that international loans should be contracted based on gold instead of U.S. dollars in order to prevent exchange rate pressure on economies.

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IMF loans should be paid in gold, not dollars, Turkey's president says

Submitted by cpowell on Mon, 2018-04-16 17:00 Section: Daily Dispatches

From Ahval News, Gibraltar
Monday, April 16, 2018

Turkish President Recep Tayyip Erdogan today suggested that International Monetary Fund loans should be paid in gold instead of dollars.

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Prosecution unfair to bullion bank trader, federal judge says

Submitted by cpowell on Mon, 2018-04-16 16:31 Section: Daily Dispatches

4:32p ET Monday, April 16, 2018

Dear Friend of GATA and Gold:

The first of the bullion bank traders being brought to trial on charges of manipulating the U.S. gold and futures markets, Andy Flotron, has been treated unfairly by the prosecution, a federal judge has ruled.