Daily Dispatches

China launches gold options as prices near six-year highs

Submitted by cpowell on Fri, 2019-12-20 14:00 Section: Daily Dispatches

By Emily Chow
Reuters
Friday, December 20, 2019

SHANGHAI -- China, the world's top bullion producer and consumer, launched its first gold options contract on the Shanghai Futures Exchange on Friday, adding to an array of investment options for the metal that saw prices hit six-year highs this year.

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Islamic delegates rant haplessly again about dollar imperialism

Submitted by cpowell on Thu, 2019-12-19 21:22 Section: Daily Dispatches

Wake us up, Your Eminences, when you start using gold for a trade currency. Unlike the dollar, gold doesn't care who spends it or what it's spent on.

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Iran Urges Muslim World to Fight Dollar 'Domination'

By Sam Reeves
Agence France-Presse
via Bourse & Bazaar, London
Thursday, December 19, 2019

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Financial Conduct Authority chief to be next Bank of England governor

Submitted by cpowell on Thu, 2019-12-19 20:46 Section: Daily Dispatches

By Russell Lynch and Lizzy Burden
The Telegraph, London
Thursday, December 19, 2019

Andrew Bailey, head of the City watchdog, is set to become the first Bank of England governor of the Brexit era, stepping into one of the most testing periods for the UK's central bank.

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Pam and Russ Martens: NY Fed's fake borrowing rates raise ghosts of Libor's

Submitted by cpowell on Thu, 2019-12-19 13:52 Section: Daily Dispatches

By Pam and Russ Martens
Wall Street on Parade
Thursday, December 19, 2019

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Cases of fine American wine await three GATA supporters -- maybe you?

Submitted by cpowell on Thu, 2019-12-19 12:16 Section: Daily Dispatches

But you must reply by December 31.

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12:18p ET Thursday, December 19, 2019

Dear Friend of GATA and Gold:

Can the chance of winning a great prize induce you to support a great cause?

Two thoughtful friends of GATA -- one a leading bullion U.S. dealer, the other a well-regarded U.S. winery -- have joined forces to bring our supporters a juicy year-end offer:

Read more about Cases of fine American wine await three GATA supporters -- maybe you?

On a mining investment spree, billionaire Sprott complains press ignores the 'gold conspiracy'

Submitted by cpowell on Thu, 2019-12-19 12:06 Section: Daily Dispatches

Billionaire Eric Sprott Dishes on His Golden Investment Spree: 'It's Like Being at a Table with a Winning Run'

By Gabriel Friedman
National Post, Toronto
Wednesday, December 18, 2019

https://business.financialpost.com/commodities/mining/billionaire-eric-s...

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Get people to lend us their gold so we can use it to push its price down, Indian minister tells jewelers

Submitted by cpowell on Wed, 2019-12-18 14:51 Section: Daily Dispatches

Government Seeks Industry Suggestions to Improve Gold Monetisation Scheme

From the Press Trust of India
via The Times of India, Mumbai
Wednesday, December 18, 2019

NEW DELHI -- Union Minister Piyush Goyal today sought suggestions from the jewellery industry to improve the Gold Monetisation Scheme to unlock the large pool of the yellow metal lying idle with households.