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Daily Dispatches
Embry sees dollar vulnerable, expects change in market sentiment
Submitted by cpowell on Tue, 2016-05-24 17:36 Section: Daily Dispatches5:35p ET Tuesday, May 24, 2016
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News today that the U.S. dollar is vulnerable because of the decline of its use in the oil trade. Embry adds that he thinks a major change in market sentiment is coming. An excerpt from the interview is posted at the KWN Internet site here:
Hugo Salinas Price: Mechanical 'economics'
Submitted by cpowell on Tue, 2016-05-24 12:17 Section: Daily Dispatches12:15p ET Tuesday, May 24, 2016
Dear Friend of GATA and Gold
Former IMF economist asserts that gold is money as good as government bonds
Submitted by cpowell on Tue, 2016-05-24 09:56 Section: Daily Dispatches9:59a ET Tuesday, May 24, 2016
Dear Friend of GATA and Gold:
GoldCore's Mark O'Byrne this week calls attention to commentary written this month by Harvard economics professor Kenneth Rogoff recommending that countries diversify their foreign exchange holdings away from the government bonds of developed countries and into gold.
Banks must defend Libor lawsuits after judges warn of impact
Submitted by cpowell on Mon, 2016-05-23 20:49 Section: Daily DispatchesBy Bob Van Voris
Bloomberg News
Monday, May 23, 2016
Sixteen of the world's largest banks, including JPMorgan Chase & Co. and Citigroup Inc., must face antitrust lawsuits accusing them of hurting investors who bought securities tied to Libor by rigging an interest-rate benchmark, a ruling that an appeals court warned could devastate them.
Gold is having an unusual rising correction, Turk tells KWN
Submitted by cpowell on Mon, 2016-05-23 18:50 Section: Daily Dispatches6:49p ET Monday, May 23, 2016
Dear Friend of GATA and Gold:
Kinross' Paul Rollinson and after the gold rush
Submitted by cpowell on Sun, 2016-05-22 12:35 Section: Daily DispatchesBy James Wilson
Financial Times, London
Monday, May 23, 2016
http://www.ft.com/intl/cms/s/0/65aac95c-0c6c-11e6-b0f1-61f222853ff3.html
When Paul Rollinson took over as chief executive of Kinross Gold four years ago the end was in sight for the biggest gold boom in history -- and for some of the people who were part of it.
Counterfeit gold and silver coins burning buyers
Submitted by cpowell on Fri, 2016-05-20 14:07 Section: Daily DispatchesBy John Matarese
WCPO-TV9, Cincinnati, Ohio
Friday, May 20, 2016
The price of gold is heading up again in 2016, as investors worry about the safety of the stock market. As a result, you may be noticing more radio commercials and online ads for gold coins.
But before you invest, coin experts are warning you to beware counterfeits that are flooding the market right now.
Alasdair Macleod: The eurozone is the greatest danger
Submitted by cpowell on Thu, 2016-05-19 21:00 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, May 19, 2016
Worldwide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment.
GoldMoney launches gold payroll and gold payout applications for BitGold business platform
Submitted by cpowell on Wed, 2016-05-18 20:13 Section: Daily DispatchesCompany Announcement
via Business Wire, San Francisco, California
Wednesday, May 18, 2016
Doug Pollitt: Devaluing dollar and debt by revaluing gold is getting respectable
Submitted by cpowell on Wed, 2016-05-18 09:40 Section: Daily Dispatches9:40a ET Wednesday, May 18, 2016
Dear Friend of GATA and Gold:
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