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Daily Dispatches
World Gold Council plans another ETF
Submitted by cpowell on Mon, 2017-12-04 13:03 Section: Daily DispatchesNew Physical Gold ETF Filed
From ETF.com, New York
Monday, December 4, 2017
The World Gold Council has filed for a new physical gold ETF. The Gold Trust will be very similar to the $35 billion SPDR Gold Trust (GLD), the world's largest gold fund, but with key differences.
CBOE and CME battle for bitcoin futures bragging rights
Submitted by cpowell on Mon, 2017-12-04 12:59 Section: Daily DispatchesBy Philip Stafford
Financial Times, London
Monday, December 4, 2017
Chicago's two largest derivatives exchanges are going head to head in coming weeks to become the U.S. market of choice for bitcoin futures trading.
As brokers line up to offer bitcoin futures, others are quiet
Submitted by cpowell on Mon, 2017-12-04 07:18 Section: Daily DispatchesBy Brian Louis
Bloomberg News
Monday, December 4, 2017
U.S. brokerages have a decision to make. Will they offer futures contracts tied to bitcoin -- the cryptocurrency viewed as a gold mine or bubble -- to clients?
UK plans crackdown on bitcoin
Submitted by cpowell on Sun, 2017-12-03 19:50 Section: Daily DispatchesTreasury Crackdown on Bitcoin over Concerns It Is Used to Launder Money and Dodge Tax
By Robert Mendick and Gordon Rayner
The Telegraph, London
Sunday, December 3, 2017
Mnisters are launching a crackdown on the virtual currency bitcoin amid growing concern it is being used to launder money and dodge tax.
Brandon White: Where does the Bank of Canada stand on gold as an asset?
Submitted by cpowell on Sat, 2017-12-02 12:46 Section: Daily Dispatches12:45p ET Saturday, December 2, 2017
Dear Friend of GATA and Gold:
The investment world has gone mad, Brandon White of Bullion Management Group in Markham, Ontario, says in his weekly video, "This Week in Three Minutes," noting extreme valuations in equity markets and bitcoin and the strange disappearance of market corrections.
Michael Ballanger: The true meaning of bitcoin's success
Submitted by cpowell on Sat, 2017-12-02 12:27 Section: Daily Dispatches12:27p ET Saturday, December 2, 2017
Dear Friend of GATA and Gold:
Mining and market analyst Michael Ballanger argues today that the success of bitcoin signifies in large part recognition by the wealthy that government currencies are unreliable.
Ronan Manly: Russia, China, and BRICS: A new gold trading network
Submitted by cpowell on Sat, 2017-12-02 11:45 Section: Daily Dispatches11:45a ET Saturday, December 2, 2017
Dear Friend of GATA and Gold:
Led by Russia and China, gold researcher Ronan Manly writes today, Asia countries are steadily moving toward creating a physical gold market that will displace the gold derivatives markets of the West. Manly's analysis is headlined "Russia, China, and BRICS: A New Gold Trading Network" and it's posted at Bullion Star here:
Alasdair Macleod: The dollar's prospects are poor
Submitted by cpowell on Fri, 2017-12-01 04:25 Section: Daily Dispatches9:24a GMT Friday, December 1, 2017
Dear Friend of GATA and Gold:
Sector is demoralized and monetary metals are bargains, GATA chairman says
Submitted by cpowell on Fri, 2017-12-01 04:06 Section: Daily Dispatches9:05a GMT Friday, December 1, 2017
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed by GoldSeek Radio's Chris Waltzek, says the monetary metals sector is hugely demoralized and gold and silver are the world's most undervalued assets. The interview is eight minutes long and can be heard at GoldSeek Radio here:
Coinbase loses bid to block U.S. tax probe of bitcoin gains
Submitted by cpowell on Thu, 2017-11-30 13:16 Section: Daily DispatchesBy Joel Rosenblatt
Bloomberg News
Wednesday, November 29, 2017
Coinbase Inc. lost a bid to block an Internal Revenue Service investigation into whether some of the company's customers haven't reported their cryptocurrency gains.