You are here
Daily Dispatches
AngloGold Ashanti advised to give up on South Africa
Submitted by cpowell on Sun, 2019-01-20 10:34 Section: Daily DispatchesAngloGold Faces South African Dilemma as M&A Gold Rush Quickens
By Felix Njini
Bloomberg News
Sunday, January 20, 2019
Two decades ago Anglo American Plc created the world's No. 1 gold miner by merging its South African assets. Having long since been eclipsed by its rivals, AngloGold Ashanti Ltd. may need to leave home to keep up.
Myrmikan's Dan Oliver: Our currency is now OUR problem
Submitted by cpowell on Sat, 2019-01-19 20:34 Section: Daily Dispatches8:37p ET Saturday, January 19, 2019
Dear Friend of GATA and Gold:
With its debt exploding and its international position weakening, the United States will choose to weaken the dollar as it has done before, Dan Oliver of Myrmikan Capital in New York (http://www.myrmikan.com) writes in his firm's brilliant letter for January.
Matt Taibbi: Has the government legalized secret defense spending?
Submitted by cpowell on Sat, 2019-01-19 17:20 Section: Daily DispatchesWell, it long has legalized secret market rigging, so don't be too surprised.
* * *
By Matt Taibbi
Rolling Stone, New York
Wednesday, January 16, 2019
No, Barron's, the gold supply can be and has been increased much -- with imaginary metal
Submitted by cpowell on Sat, 2019-01-19 09:08 Section: Daily DispatchesThis dispatch is being sent a second time because the Barron's report cited therein, originally posted in the clear, seems to be unavailable to certain readers.
* * *
9:13a ET Saturday, January 19, 2019
Dear Friend of GATA and Gold:
After sanctions, Russia becomes fifth biggest gold holder
Submitted by cpowell on Fri, 2019-01-18 21:13 Section: Daily DispatchesBy Polina Devitt and Elena Fabrichnaya
Reuters
Friday, January 18, 2019
MOSCOW -- Russia has overtaken China to become the world's fifth largest official-sector holder of gold as Western sanctions drove buying by its central bank to record highs in 2018, its data showed on Friday.
Alasdair Macleod: Crypto credibility
Submitted by cpowell on Fri, 2019-01-18 13:28 Section: Daily Dispatches1:29p ET Friday, January 18, 2019
Dear Friend of GATA and Gold:
Wyoming legislators see gold, silver reducing risk in state investments
Submitted by cpowell on Fri, 2019-01-18 10:33 Section: Daily DispatchesBy JP Cortez
Sound Money Defense League, Eagle, Idaho
Thursday, January 17, 2019
CHEYENNE, Wyoming -- A group of Wyoming legislators this week introduced three bills to de-risk the state’s financial holdings with modest allocations to physical gold and silver in the state's pension fund, reserve fund, and mineral trust fund.
J.P. Koning: How California stayed with gold when the rest of the U.S. adopted fiat money
Submitted by cpowell on Wed, 2019-01-16 21:15 Section: Daily Dispatches9:15p ET Wednesday, January 16, 2019
Dear Friend of GATA and Gold:
Newmont CEO is unenthusiastic about prospects for gold price
Submitted by cpowell on Wed, 2019-01-16 13:02 Section: Daily DispatchesHe sounds content with central bank intervention against monetary metal.
* * *
Newmont Mining CEO Says Goldcorp Deal is Designed to 'Survive' a Drop in Gold Price
By Tom DiChristopher
CNBC, New York
Wednesday, January 16, 2019
Newmont Mining's $10 billion purchase of Goldcorp does not mean the metals miner is making a bullish call on gold, according to CEO Gary Goldberg.
Wary investors drawn to gold's allure
Submitted by cpowell on Wed, 2019-01-16 10:56 Section: Daily DispatchesBy Henry Sanderson and Neil Hume
Financial Times, London
Monday, January 15, 2019
If gold is anything to go by, investors are increasingly anxious about the state of the world.
Volatile equity markets and fears of a global economic slowdown have helped gold rally 10 per cent from its August lows, putting it among the best performing metals over that period.
Pages
