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Daily Dispatches
New struggle for Petropavlovsk could restore former executives
Submitted by cpowell on Mon, 2018-05-14 10:17 Section: Daily DispatchesA Crypto Tycoon, Banking Heir and the Mysterious Fight for Gold
By Thomas Biesheuvel
Bloomberg News
Monday, May 14, 2018
The battle for some of Russia's richest gold mines has an unusual cast of characters: the scion of one of Europe’s great banking families, a Kazakh tycoon with his own cryptocurrency, hedge fund D.E. Shaw, and mystery shareholders.
U.S. retreat from trade deals poses new threat to the dollar
Submitted by cpowell on Sun, 2018-05-13 09:49 Section: Daily DispatchesBy Chelsey Dulaney and Joshua Zumbrun
The Wall Street Journal
Sunday, May 13, 2018
Trade friction is emerging as the latest threat to the U.S. dollar's position at the heart of the global financial system.
GATA board member Steer interviewed about commodity price suppression
Submitted by cpowell on Fri, 2018-05-11 09:06 Section: Daily Dispatches9:07a ET Friday, May 11, 2018
Dear Friend of GATA and Gold:
At Resource Clips, Greg Klein interviews GATA Board of Directors member and newsletter writer Ed Steer about monetary metals and commodity price suppression by major investment banks.
Putin says he wants to break with the dollar but dumps euros instead
Submitted by cpowell on Thu, 2018-05-10 16:21 Section: Daily DispatchesBy Anna Andrianova
Bloomberg News
Thursday, May 10, 2018
Squeezed by ever-expanding U.S. sanctions, Vladimir Putin says he wants to dump the dollar. His central bank has been doing just the opposite.
Iran's gold demand set to spurt before Trump sanctions bite
Submitted by cpowell on Thu, 2018-05-10 09:29 Section: Daily DispatchesBy Claudia Carpenter
Bloomberg News
Wednesday, May 9, 2018
Iran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.
Dollar-plagued world now has another currency to worry about
Submitted by cpowell on Thu, 2018-05-10 09:18 Section: Daily DispatchesBy Sid Verma
Bloomberg News
Thursday, May 10, 2018
Winds of change in currency markets threaten to blow global investment trends further off course -- but from the East as much as the West.
Robert Lambourne: BIS gold derivatives down in March, back up in April
Submitted by cpowell on Tue, 2018-05-08 19:56 Section: Daily DispatchesBy Robert Lambourne
Tuesday, May 8, 2018
The Bank for International Settlements has just published, on the same day, its monthly statement of account for March 2018 as well as its monthly statement for April 2018:
'World of Warcraft' currency is now worth 7 times more than Venezuela's cash
Submitted by cpowell on Mon, 2018-05-07 22:28 Section: Daily DispatchesBy Chris Morris
Fortune Magazine, New York
Monday, May 7, 2018
http://fortune.com/2018/05/07/world-of-warcraft-currency-bolivar-venezue...
Venezuela's real-world currency, the bolivar, long ago fell below the value of the fake gold in Azeroth, the mythical setting of World of Warcraft (WoW). What's remarkable is how much more valuable that virtual currency has become.
Nigeria, China sign $2.4 billion currency swap to lift trade
Submitted by cpowell on Sun, 2018-05-06 10:09 Section: Daily DispatchesBy Paul Wallace and David Malingha Doya
Bloomberg News
Thursday, May 3, 2018
Nigeria and China agreed on a currency swap worth $2.4 billion to boost commercial ties and reduce the need to use the dollar in bilateral trade.
GATA's Ed Steer to speak at Vancouver conference May 15-16
Submitted by cpowell on Fri, 2018-05-04 10:33 Section: Daily Dispatches10:34a ET Friday, May 4, 2018
Dear Friend of GATA and Gold:
GATA Board of Directors member Ed Steer, editor of Ed Steer's Gold and Silver Digest, a daily letter of financial news and analysis (https://edsteergoldsilver.com/), will speak at Cambridge House's International Mining Investment Conference in Vancouver, British Columbia, on Tuesday and Wednesday, May 15-16.
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