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Daily Dispatches
In Maduro's Venezuela, even counting gold bars is a challenge
Submitted by cpowell on Wed, 2019-01-30 20:33 Section: Daily DispatchesBy Laura Millan Lombrana
Bloomberg News
Wednesday, January 30, 2019
Venezuela is home to rich gold deposits and holds billions of dollars of foreign reserves in gold bars in the central bank's vaults. The question is: How much is there?
Don't deal in Venezuelan gold, White House says in anti-Maduro push
Submitted by cpowell on Wed, 2019-01-30 20:04 Section: Daily DispatchesBy Shaylim Castro and Jeff Mason
Reuters
Tuesday, January 29, 2019
CARACAS, Venezuela -- The White House warned traders on Wednesday not to deal in Venezuelan gold or oil following its imposition of stiff sanctions aimed at forcing socialist President Nicolas Maduro from power.
West Virginia state legislator proposes eliminating all taxes on gold and silver
Submitted by cpowell on Wed, 2019-01-30 19:53 Section: Daily DispatchesBy JP Cortez
Money Metals News Service
Wednesday, January 30, 2019
CHARLESTON, West Virginia -- West Virginia legislator Delegate Pat McGeehan, R-1st District has introduced the West Virginia Sound Money Act, House Bill 2684, to eliminate all tax liability on gold and silver in the state.
Financial letter writer Jay Taylor interviews GATA secretary on gold price rigging
Submitted by cpowell on Wed, 2019-01-30 14:51 Section: Daily Dispatches2:50p ET Wednesday, January 30, 2019
Dear Friend of GATA and Gold:
Financial letter writer Jay Taylor (https://www.miningstocks.com/), long a friend of gold and GATA, interviewed your secretary/treasurer yesterday about the mechanics and objectives of gold price suppression by central banks. The interview is 21 minutes long and can be heard at YouTube here:
Fed caves on rates and balance-sheet tightening
Submitted by cpowell on Wed, 2019-01-30 14:28 Section: Daily DispatchesChairman Powell's grandfather Dick responds on behalf of monetary metals investors:
http://www.gata.org/files/DickPowellSings.wma
And:
https://www.youtube.com/watch?v=Gt6soO6O6Jg
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Fed Adopts 'Patient' Rate Stance With Balance-Sheet Flexibility
By Craig Torres
Bloomberg News
Wednesday, January 30, 2019
Russia warns world that U.S. controls Bank of England
Submitted by cpowell on Wed, 2019-01-30 11:46 Section: Daily DispatchesRefusal to Hand Over Venezuelan Gold Means End of Britain as a Financial Center, Professor Says
From Russia Today, Moscow
Wednesday, January 30, 2019
The freezing of Venezuelan gold by the Bank of England is a signal to all countries out of step with U.S. interests to withdraw their money, according to economist and co-founder of Democracy at Work, Professor Richard Wolff.
New York Sun: Gold standard accompanied boom era's high marginal tax rates
Submitted by cpowell on Wed, 2019-01-30 11:25 Section: Daily DispatchesA GOP-Democrat Deal for the Coming Campaign
From The New York Sun
Wednesday, January 30, 2019
Hamas calls on supporters to donate in Bitcoin
Submitted by cpowell on Wed, 2019-01-30 11:13 Section: Daily DispatchesAs if nefarious operations don't use as currency nearly anything of value that can be exchanged, including the U.S. dollar, the euro, the yen, and diamonds.
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Hamas Calls on Supporters to Donate to Group in Bitcoin
By Michael Arnold and and Saud Abu Ramadan
Bloomberg News
Wednesday, January 30, 2019
Casey no longer seems sure about government's indifference toward gold
Submitted by cpowell on Wed, 2019-01-30 11:03 Section: Daily Dispatches11:03a ET Wednesday, January 30, 2019
Dear Friend of GATA and Gold:
For years Casey Research founder Doug Casey has been saying central banks couldn't care less about gold and don't manipulate the gold market.
Is Russia taking custody of 20 tonnes of ally Venezuela's gold?
Submitted by cpowell on Wed, 2019-01-30 10:06 Section: Daily DispatchesVenezuela Has 20 Tons of Gold Ready to Ship, Address Unknown
By Patricia Laya and Andrew Rosati
Bloomberg News
Tuesday, January 30, 2019
Venezuelan lawmaker Jose Guerra dropped a bombshell on Twitter today: The Russian Boeing 777 that had landed in Caracas the day before was there to spirit away 20 tons of gold from the vaults of the country's central bank.
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