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Daily Dispatches
China escalates crackdown on cryptocurrency trading
Submitted by cpowell on Tue, 2018-01-16 08:39 Section: Daily DispatchesFrom Bloomberg News
Monday, January 15, 2018
China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter.
Nine banks accused of rigging key Canada lending rate
Submitted by cpowell on Mon, 2018-01-15 17:30 Section: Daily DispatchesBy Ben McLannahan
Financial Times, London
Monday, January 15, 2018
A cluster of big banks has been named in a new lawsuit alleging manipulation of a key benchmark lending rate in Canada, opening up a new front in a global scandal that has led to billions of dollars in fines and penalties.
Comex's 'exchange for physicals' mystify gold market, Sprott says
Submitted by cpowell on Mon, 2018-01-15 12:27 Section: Daily Dispatches12:28p ET Monday, January 15, 2018
Dear Friend of GATA and Gold:
Interviewed by Craig Hemke of the TF Metals Report for Sprott Money News, mining entrepreneur Eric Sprott discusses the "exchange for physicals" mechanism that is moving gold futures delivery off the New York Commodities Exchange to secretive resolution in London.
Bundesbank will add China's yuan to currency reserves
Submitted by cpowell on Mon, 2018-01-15 12:04 Section: Daily DispatchesBy Jeff Black, Stephen Engle, and Enda Curran
Bloomberg News
Monday, January 15, 2018
Germany's central bank has decided to include the Chinese yuan in its own reserves, in a further boost to the international status of the currency.
With real rates staying negative, this may be gold's year, Turk tells KWN
Submitted by cpowell on Sat, 2018-01-13 10:18 Section: Daily Dispatches10:18a ET Saturday, January 13, 2018
Dear Friend of GATA and Gold:
Brandon White: Gold is getting top bank asset status in Canada
Submitted by cpowell on Fri, 2018-01-12 19:43 Section: Daily Dispatches7:43p ET Friday, January 12, 2018
Dear Friend of GATA and Gold:
Big crypto exchange goes dark and users are getting nervous
Submitted by cpowell on Fri, 2018-01-12 19:09 Section: Daily DispatchesBy Camila Russo
Bloomberg News
Friday, January 12, 2018
One of the biggest cryptocurrency exchanges has been down for hours and its clients are starting to freak out.
Treasury's Mnuchin says there's no need for a digital dollar
Submitted by cpowell on Fri, 2018-01-12 19:00 Section: Daily DispatchesBy Kasia Klimasinska and Saleha Mohsin
Bloomberg News
Friday, January 12, 2018
So much for a digital dollar any time soon.
U.S. Treasury Secretary Steven Mnuchin said he spoke to the Federal Reserve about cryptocurrencies, and the Financial Stability Oversight Council has set up a working group on it.
Cryptocurrency creation is now as easy as breathing
Submitted by cpowell on Fri, 2018-01-12 14:45 Section: Daily DispatchesEvery Breath You Take: New Respiratory Miner Makes Crypto-Profit with Lung Action
From Russia Today, Moscow
Friday, January 12, 2018
The whole world of virtual currencies and blockchain technologies has generated a raft of brand-new phenomena for humanity to take on board. And now there’s Breath -- a device allowing mining via respiration.
Ted Butler: The last great silver buy
Submitted by cpowell on Fri, 2018-01-12 14:38 Section: Daily Dispatches2:40p ET Friday, January 12, 2018
Dear Friend of GATA and Gold: