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Daily Dispatches
India's central bank sells Treasuries and buys gold for first time in nearly a decade
Submitted by cpowell on Mon, 2018-09-03 13:52 Section: Daily DispatchesRBI Buys Gold for First Time in Nearly a Decade
By Gayatri Nayak
The Times of India, Mumbai
Monday, September 3, 2018
https://economictimes.indiatimes.com/markets/commodities/news/rbi-buys-g...
Ronan Manly: As emerging market currencies collapse, gold is being mobilized
Submitted by cpowell on Mon, 2018-09-03 09:31 Section: Daily Dispatches9:35a ET Monday, September 3, 2018
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly today reviews the ascent of gold as protection against the collapse of currencies in Turkey, Iran, Venezuela, and other countries. Manly's analysis is headlined "As Emerging Market Currencies Collapse, Gold Is Being Mobilized" and it's posted at Bullion Star here:
Smart Investor magazine in Germany features GATA's work
Submitted by cpowell on Sun, 2018-09-02 15:07 Section: Daily Dispatches3:17p ET Sunday, September 2, 2018
Dear Friend of GATA and Gold:
Come to the New Orleans conference with GATA and enjoy a money-back guarantee
Submitted by cpowell on Sun, 2018-09-02 13:55 Section: Daily Dispatches1:58p ET Sunday, September 2, 2018
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and your secretary/treasurer will be speaking again this year at the New Orleans Investment Conference, and if you register to attend the conference through GATA, the conference will generously pay us a commission that will help keep the organization going.
Cash ban only taught Indians not to trust the banking system
Submitted by cpowell on Sun, 2018-09-02 10:14 Section: Daily DispatchesIndia's Cash Ban Failed Even to Create a Bank Savings Culture
By Mihir Sharma
Bloomberg News
Saturday, September 1, 2018
Amid Iran's currency crash, renting apartment requires two gold coins
Submitted by cpowell on Sat, 2018-09-01 09:52 Section: Daily DispatchesBy Rohollah Faghihi
Middle East Eye, London
Wednesday, August 29, 2018
TEHRAN, Iran -- It's the commodity that becomes a safe haven at times of economic crisis. Now, with the crash of the rial, Iranians are using gold for more everyday payments, most notably rent -- but the resulting price hikes are starting to affect the demographics of Tehran itself. ...
CFTC orders BNP Paribas to pay $90 million penalty for rate-rigging
Submitted by cpowell on Fri, 2018-08-31 10:38 Section: Daily DispatchesBy Pete Schroeder
Reuters
Wednesday, August 29, 2018
WASHINGTON -- U.S. federal regulators on Wednesday ordered BNP Paribas to pay a $90 million civil penalty after settling charges against BNP Paribas Securities Corp. for attempted manipulation of the ISDAfix benchmark.
Russian lawmaker suggests gold-linked cryptocurrency for weapons exports
Submitted by cpowell on Thu, 2018-08-30 19:30 Section: Daily DispatchesFrom Crypto Coins News, Asker, Norway
Thursday, August 30, 2018
A senior Russian lawmaker has suggested that Moscow should turn to cryptocurrency backed by gold for payments in Russian arms exports to evade financial sanctions from the West.
World is ganging up against the dollar, Rickards says
Submitted by cpowell on Thu, 2018-08-30 10:22 Section: Daily Dispatches10:25a ET Thursday, August 30, 2018
Dear Friend of GATA and Gold:
In a new essay at the Daily Reckoning and an interview with CNN, newsletter editor James G. Rickards discusses the world's preparations for moving away from the U.S. dollar and U.S. government control over the world financial system.
Argentina raises interest rate to 60% after currency resumes slide
Submitted by cpowell on Thu, 2018-08-30 10:06 Section: Daily DispatchesBy Colby Smith
Financial Times, London
Thursday, August 30, 2018
Argentina's central bank pumped up interest rates by 15 percentage points to 60 percent today after the peso plunged in early trading.