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Russian explorers find 'swamp' of Soviet money, all worthless
Submitted by cpowell on Thu, 2017-05-25 12:11 Section: Daily Dispatches... Yet the czar's old gold rubles are more valuable than ever.
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By Maria Kiseleva and Alistair Coleman
British Broadcasting Corp., London
Thursday, May 25, 2017
A group of explorers in Russia have found around a billion roubles in old Soviet money at an abandoned mine, but it's all completely worthless.
Alasdair Macleod: Debts, Bastiat, and modern economics
Submitted by cpowell on Thu, 2017-05-25 10:55 Section: Daily Dispatches10:56a ET Thursday, May 25, 2017
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod today criticizes what he considers the central flaw of Keynesian economics -- its failure to account for what is real but unseen. Macleod's commentary is headlined "Debts, Bastiat, and Modern Economics" and it's posted at GoldMoney here:
GATA Chairman Murphy interviewed by Finance and Liberty
Submitted by cpowell on Wed, 2017-05-24 21:32 Section: Daily Dispatches9:34p ET Wednesday, May 24, 2017
Dear Friend of GATA and Gold:
London's gold benchmark hit by volatility after banks exit, Reuters says
Submitted by cpowell on Wed, 2017-05-24 19:44 Section: Daily DispatchesBy Peter Hobson
Reuters
Wednesday, May 24, 2017
London's gold benchmark experienced large, unpredictable fluctuations after some banks left the auction that sets the price relied upon by the $5 trillion-a-year bullion market, according to a Reuters analysis of trading data.
Everything inflates wildly except monetary metals, Embry notes at KWN
Submitted by cpowell on Wed, 2017-05-24 19:39 Section: Daily Dispatches7:40p ET Wednesday, May 24, 2017
Dear Friend of GATA and Gold:
No major news organization wants the financial news story of the century
Submitted by cpowell on Wed, 2017-05-24 10:43 Section: Daily Dispatches1:13a ET Wednesday, May 24, 2017
Dear Friend of GATA and Gold:
Government intervention stalls gold but bitcoin escapes it, von Greyerz says
Submitted by cpowell on Tue, 2017-05-23 16:35 Section: Daily Dispatches4:37p ET Tuesday, May 23, 2017
Dear Friend of GATA and Gold:
Central banks face another failure like the London Gold Pool, Turk tells KWN
Submitted by cpowell on Mon, 2017-05-22 20:58 Section: Daily Dispatches8:59p ET Monday, May 22, 2017
Dear Friend of GATA and Gold:
Why the Chinese yuan won't be the world's reserve currency
Submitted by cpowell on Mon, 2017-05-22 11:18 Section: Daily DispatchesBy Valentin Schmid
The Epoch Times, New York
Wednesday, May 17, 2017
Whenever someone gets too big and too important, the other players who can't compete by themselves call for a challenger. This is true in sports, business, and even for currencies.
TF Metals Report: Gold and silver futures shorts seem washed out
Submitted by cpowell on Mon, 2017-05-22 09:28 Section: Daily Dispatches9:28a ET Monday, May 22, 2017
Dear Friend of GATA and Gold: