Daily Dispatches

Barrick settles investor suit over Pascua-Lama mine for $140 million

Submitted by cpowell on Tue, 2016-05-31 21:30 Section: Daily Dispatches

By Nate Raymond
Reuters
Tuesday, May 31, 2016

NEW YORK -- Barrick Gold Corp. has agreed to pay $140 million to resolve a U.S. lawsuit accusing the gold producer of concealing problems at a South American mine and of fraudulently inflating the company's market value, according to court papers.

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Brandon White: Investing is about being moral as well as right

Submitted by cpowell on Tue, 2016-05-31 11:07 Section: Daily Dispatches

By Brandon White
Tuesday, May 31, 2016

"Trader Dan" Norcini, to whose May 24 commentary --

https://traderdan.com/?p=11693

-- GATA Secretary/Treasurer Chris Powell replied Monday --

http://www.gata.org/node/16482

-- is mistaken. Investing isn't just about being "right." It is also about being moral.

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New York Sun: Libertarians without gold

Submitted by cpowell on Mon, 2016-05-30 21:30 Section: Daily Dispatches

From the New York Sun
Monday, May 30, 2016

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Maybe they're quaint, but some people do invest as 'some sort of movement'

Submitted by cpowell on Mon, 2016-05-30 11:44 Section: Daily Dispatches

11:51a ET Monday, May 30, 2016

Dear Friend of GATA and Gold:

"Trading and investing," market analyst Dan Norcini wrote the other day --

https://traderdan.com/?p=11693

Read more about Maybe they're quaint, but some people do invest as 'some sort of movement'

China fixes yuan at more than five-year low against dollar

Submitted by cpowell on Mon, 2016-05-30 08:48 Section: Daily Dispatches

By Gregor Stuart Hunter
The Wall Street Journal
Monday, May 30, 2016

China's central bank set the daily yuan fixing at its weakest level against the dollar in more than five years on Monday, after hawkish comments from Federal Reserve Chairwoman Janet Yellen boosted the strength of the U.S. currency.

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For how many millennia do John Plender and the FT plan to disparage gold?

Submitted by cpowell on Sun, 2016-05-29 09:33 Section: Daily Dispatches

9:41a ET Sunday, May 29, 2016

Dear Friend of GATA and Gold:

Annoyed at former International Monetary Fund economist Kenneth Rogoff for having lent some respectability to gold this month, for having recommended that developing countries hold less of their foreign exchange reserves in zero-interest developed-nation bonds and more in gold --

http://www.gata.org/node/16466

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National Post mocks gold manipulation without ever questioning a central bank

Submitted by cpowell on Fri, 2016-05-27 21:17 Section: Daily Dispatches

All any journalist has to do is ask them about gold swaps and leases, but no one dares to do it:

http://www.gata.org/node/16341

http://www.gata.org/node/12016

* * *

Shine Fades on Scotiabank's Gold Business as Banks Land in Court over Alleged Price Manipulation

Barbara Shecter and Peter Koven
National Post, Toronto
Friday, May 27, 2016

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Interviews with Maguire, Embry, and Turk

Submitted by cpowell on Fri, 2016-05-27 15:39 Section: Daily Dispatches

3:37p ET Friday, May 27, 2016

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells King World News today that bullion banks and central banks are covering short positions in gold today as speculators are scared out of their longs again, the prerequisite for gold's move back up:

http://kingworldnews.com/andrew-maguire-on-the-war-in-the-gold-silver-ma...