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Daily Dispatches

Peru's president proposes dredging reservoirs for gold

Section: Daily Dispatches

By Mitra Taj and Marco Aquino
Reuters
Monday, December 26, 2016

President Pedro Pablo Kuczynski proposed dredging a reservoir in a dry northern region of Peru to extract what he described as "much more gold" than what the country's biggest gold mine holds, according to an interview with a local newspaper.

Avery Goodman: Gold advocate, Fed foe under consideration for Cabinet position

Section: Daily Dispatches

7:30p ET Monday, December 26, 2016

Dear Friend of GATA and Gold:

Koos Jansen: China's gold market means to internationalize its currency

Section: Daily Dispatches

9:59a ET Sunday, December 25, 2016

Dear Friend of GATA and Gold:

Chinese themselves prefer U.S. dollar over yuan

Section: Daily Dispatches

China's Love Affair with the Dollar

Despite the Internationalization of the Yuan, the U.S. Dollar Remains China's Currency of Choice.

By Salvatore Babones
Al-Jazeera, Doha, Qatar
Saturday, December 24, 2016

Bundesbank says it's bringing Germany's home gold faster than planned

Section: Daily Dispatches

By Maria Sheahan
Reuters
Saturday, December 24, 2016

http://www.reuters.com/article/germany-bundesbank-gold-idUSL5N1EI4IY

Germany's Bundesbank has this year taken back more of its gold than planned as it moves toward hoarding half of the world's second-largest reserve at home, Bundesbank President Jens Weidmann told German daily Bild.

Ronan Manly: Comex and ICE exaggerate gold inventories

Section: Daily Dispatches

12:26p ET Saturday, December 24, 2016

Dear Friend of GATA and Gold:

Gold researcher Ronan Manly reports today that both the Comex and the Intercontinental Exchange are exaggerating their gold inventories. Manly's analysis is headlined "COMEX and ICE Gold Vault Reports Both Overstate Eligible Gold Inventory" and it's posted at Bullion Star here:

High-quality counterfeit gold bars sold in Winnipeg and other Canadian cities

Section: Daily Dispatches

From the Canadian Broadcasting Corp., Toronto
Friday, December 23, 2016

http://www.cbc.ca/news/canada/manitoba/counterfeit-gold-bars-1.3911346

If you're planning on buying gold bars anytime soon, Winnipeg police are advising extra caution after a series of "suspicious transactions" at locations in the city.

Proven and Probable interviews GATA Chairman Bill Murphy

Section: Daily Dispatches

9:35p ET Friday, December 23, 2016

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy was interviewed this week by Proven and Probable's Maurice Jackson, discussing the prospects for the monetary metals and whether gold or silver have more potential for price appreciation. The interview is 13 minutes long and can be heard at the Proven and Probable internet site here:

Deutsche Bank agrees to $7.2 billion mortgage settlement with U.S.

Section: Daily Dispatches

By Karen Freifeld, Arno Schuetze, and Kathrin Jones
Reuters
Friday, December 23, 2016

Deutsche Bank has agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis.

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