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Daily Dispatches
Indian government plans to eliminate use of cryptocurrencies
Submitted by cpowell on Thu, 2018-02-01 09:12 Section: Daily DispatchesOf course India's government long has been trying to eliminate the use of gold as a store of wealth and hasn't succeeded yet.
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By Devidutta Tripathy and Nidhi Verma
Reuters
Thursday, February 1, 2018
Germany's gold repatriation leader elected chairman of Bundestag's budget committee
Submitted by cpowell on Wed, 2018-01-31 19:16 Section: Daily DispatchesFar-Right MP Elected Head of Germany's Powerful Budget Committee
By Guy Chazan
Financial Times, London
Wednesday, January 31, 2018
An MP for the far-right Alternative for Germany has been elected chairman of the German Bundestag's powerful budget committee, in a significant coup for the populist party.
South Korea doesn't plan to stop crypto trading
Submitted by cpowell on Wed, 2018-01-31 15:58 Section: Daily DispatchesBy Dahee Kim and Cynthia Kim
Reuters
Wednesday, January 31, 2018
SEOUL, South Korea -- South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China’s tough action in blocking virtual coin platforms.
World will remonetize metals if price suppression is ever defeated, GATA secretary says
Submitted by cpowell on Wed, 2018-01-31 10:50 Section: Daily Dispatches10:50a ET Wednesday, January 31, 2018
Dear Friend of GATA and Gold:
Banks are in the clear if they rig markets as U.S. government's agents
Submitted by cpowell on Wed, 2018-01-31 10:04 Section: Daily Dispatches10:21a ET Wednesday, January 31, 2018
Dear Friend of GATA and Gold:
A modern land rush? Trump move opens Utah to mining claims under 1872 law
Submitted by cpowell on Wed, 2018-01-31 09:24 Section: Daily DispatchesBy Valerie Volcovici
Reuters
Wednesday, January 31, 2018
WASHINGTON -- U.S. President Donald Trump's decision to withdraw federal protections from millions of acres of Utah wilderness will reopen much of the iconic terrain to gold, silver, copper, and uranium land claims under a Wild West-era mining law, according to federal officials.
Mnunchin says his dollar policy isn't aimed at jawboning it lower
Submitted by cpowell on Tue, 2018-01-30 19:52 Section: Daily DispatchesBy Brendan Murray and Randy Woods
Bloomberg News
Tuesday, January 30, 2018
The U.S. currency policy used to be just a few words: A strong dollar is in the country's best interest. It's become more of a mouthful under Treasury Secretary Steven Mnuchin, who wonders why he's misunderstood.
Digital gold from Perth Mint threatens $122 billion in gold-backed ETFs
Submitted by cpowell on Tue, 2018-01-30 12:37 Section: Daily DispatchesBy Tony Boyd
Australian Financial Review, Sydney
Tuesday, January 30, 2018
The Perth Mint's release of digital gold certificates for trading, holding, and transferring physical gold could have profound consequences for the $US98 billion ($122.5 billion) in gold-backed exchange traded funds.
To catch up with other assets, metals will explode, Murphy says in Kitco interview
Submitted by cpowell on Mon, 2018-01-29 19:13 Section: Daily Dispatches7:14p ET Monday, January 29, 2018
Dear Friend of GATA and Gold:
Gold's revaluation is 'just a matter of time,' but then so is everything else
Submitted by cpowell on Sun, 2018-01-28 11:23 Section: Daily Dispatches11:34a ET Sunday, January 28, 2018
Dear Friend of GATA and Gold:
Our friend P.C. writes:
"As a long-time GATA follower, I fully subscribe to the understanding that markets generally, and particularly the precious metal markets, are controlled to keep international exchange and trade 'stable' and maintain 'Western' market wealth. But I have a question you may be able to answer.
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