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Daily Dispatches
Sardinia's privately created local currency endures after six years
Submitted by cpowell on Fri, 2015-09-18 12:35 Section: Daily DispatchesThe Sardex Factor
By Edward Posnett
Financial Times, London
Friday, September 18, 2015
Bill Holter: Bron Suchecki is a gentleman
Submitted by cpowell on Fri, 2015-09-18 12:06 Section: Daily Dispatches12:05p ET Friday, September 18, 2015
Dear Friend of GATA and Gold:
Bron Suchecki: Chill out, gold dudes
Submitted by cpowell on Fri, 2015-09-18 11:58 Section: Daily Dispatches11:57a ET Friday, September 18, 2015
Dear Friend of GATA and Gold:
Bank of England chief economist suggests negative interest rates and banning cash
Submitted by cpowell on Fri, 2015-09-18 08:46 Section: Daily DispatchesThe mad totalitarians are fully in charge now.
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Negative Interest Rates Could Be Necessary to Protect UK Economy, Says Bank of England Chief Economist
By Peter Spence
The Telegraph, London
Friday, September 18, 2015
The Bank of England may need to push its interest rates into negative territory to fight off the next recession, its chief economist has said.
Bitcoin is officially a commodity, according to U.S. regulator
Submitted by cpowell on Fri, 2015-09-18 08:40 Section: Daily DispatchesPresumably this means that once a futures market is established in bitcoin, the U.S. government, acting pursuant to the Gold Reserve Act of 1934 as amended and through the Treasury Department's Exchange Stabilization Fund and the Federal Reserve, will be authorized to manipulate the bitcoin market in secret.
Please join GATA in New Orleans in October -- you really can't lose
Submitted by cpowell on Thu, 2015-09-17 16:29 Section: Daily Dispatches4:28p ET Thursday, September 17, 2015
Dear Friend of GATA and Gold:
Primary dealers rigged Treasury auctions, investor lawsuit says
Submitted by cpowell on Thu, 2015-09-17 13:04 Section: Daily DispatchesBy Alexandra Scaggs Matthew Leising
Bloomberg News
Thursday, September 17, 2015
The same analytical technique that uncovered cheating in currency markets and the Libor rates benchmark -- resulting in about $20 billion of fines -- suggests that the dealers who control the U.S. Treasury market rigged bond auctions for years, according to a lawsuit.
Alasdair Macleod: Gold remains money
Submitted by cpowell on Thu, 2015-09-17 12:40 Section: Daily Dispatches12:39p ET Thursday, September 17, 2015
Dear Friend of GATA and Gold:
Gold is so cheap, it's being given away
Submitted by cpowell on Thu, 2015-09-17 11:47 Section: Daily DispatchesBy Helen Thomas
The Wall Street Journal
Thursday, September 17, 2015
It is a sign of the beleaguered state of the gold sector that people are effectively giving the stuff away for nothing.
Koos Jansen: New York and London gold in backwardation
Submitted by cpowell on Thu, 2015-09-17 08:40 Section: Daily Dispatches8:40a ET Thursday, September 17, 2016
Dear Friend of GATA and Gold: