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Daily Dispatches
Actual life in the junior gold mining sector
Submitted by cpowell on Fri, 2016-04-08 12:30 Section: Daily DispatchesOceana Gold announces strategic investment in NuLegacy Gold
Company Press Release
via CNW Group, Montreal
Thursday, April 7, 2016
War on cash and savers will prompt scramble for real metal, Hathaway says
Submitted by cpowell on Fri, 2016-04-08 05:56 Section: Daily Dispatches5:55p HKT Friday, April 8, 2016
Dear Friend of GATA and Gold:
Tocqueville Gold Fund manager John Hathaway tells King World News today that the war on cash and savers being waged by central banks likely will prompt a scramble for physical gold -- and there isn't much available for sale at current prices. An excerpt from Hathaway's interview is posted at KWN here:
Peter DeGraaf: Gold and silver miners should 'starve the paper market'
Submitted by cpowell on Fri, 2016-04-08 05:47 Section: Daily Dispatches5:46p HTK Friday, April 8, 2016
Dear Friend of GATA and Gold:
London's $5 trillion gold hub getting ready for a major overhaul
Submitted by cpowell on Fri, 2016-04-08 04:51 Section: Daily DispatchesBy Eddie Van Der Walt
Bloomberg News
Wednesday, April 6, 2016
There's a competition brewing to figure out how the world's largest gold-trading hub can get bigger and better.
Venezuela ordered to pay Crystallex $1.4 billion in arbitration ruling
Submitted by cpowell on Fri, 2016-04-08 04:38 Section: Daily DispatchesBy Peter Koven
National Post, Toronto
Tuesday, April 5, 2016
An arbitration tribunal has ordered the Venezuelan government to pay a whopping US$1.386 billion to Canadian miner Crystallex International Corp., saying the state caused all of Crystallex's investments "to become worthless."
Gold price suppression is mentioned without a sneer at Kitco
Submitted by cpowell on Fri, 2016-04-08 04:21 Section: Daily Dispatches4:17p HKT Friday, April 8, 2016
Dear Friend of GATA and Gold:
Alasdair Macleod: Gold and interest rates
Submitted by cpowell on Thu, 2016-04-07 10:26 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, April 7, 2016
It is commonly assumed that the gold price and interest rates move in opposite directions. In other words, a tendency towards higher interest rates is accompanied by a lower gold price.
Like all assumptions about prices, sometimes it is true and sometimes not.
Puerto Rico passes bill allowing halt to debt payments
Submitted by cpowell on Thu, 2016-04-07 02:07 Section: Daily DispatchesIs Illinois next?
* * *
By Mary Williams Walsh
The New York Times
Wednesday, April 6, 2016
Gov. Alejandro García Padilla of Puerto Rico on Wednesday signed a bill that would allow him to declare an emergency and give him authority to halt payments on the island's crushing $72 billion debt.
The gold miner excavating nothing but 13 years of red tape
Submitted by cpowell on Thu, 2016-04-07 01:59 Section: Daily DispatchesBy Swansy Afonso, Rajesh Kumar Singh, and Archana Chaudhary
Bloomberg News
Wednesday, April 6, 2016
After more than a decade struggling to cut through red tape to mine gold in India, Sandeep Lakhwara could be forgiven for thinking things couldn't get much worse. Then they did.
Robert Appel: Here's what the Fed doesn't want you to know about gold prices
Submitted by cpowell on Tue, 2016-04-05 22:34 Section: Daily Dispatches10:33a HKT Wednesday, April 6, 2016
Dear Friend of GATA and Gold:
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