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Daily Dispatches
Swiss voters reject radical sovereign money plan in landslide
Submitted by cpowell on Sun, 2018-06-10 10:33 Section: Daily DispatchesBy Catherine Bosley
Bloomberg News
Sunday, June 10, 2018
Swiss voters dismissed a radical proposal to overturn one of the financial system's core tenets.
U.S. unilateralism invites world to seek alternative to dollar, Lazard CEO says
Submitted by cpowell on Thu, 2018-06-07 13:02 Section: Daily DispatchesLazard CEO Says Crypto Shows Reserve Status Isn't Assured for the U.S. Dollar
By Sonali Basak
Bloomberg News
Thursday, June 7, 2018
U.S. isolationism could undermine the dollar's status as the world's reserve currency, Lazard Ltd. Chief Executive Officer Ken Jacobs said.
Alasdair Macleod: The gently-rotting, debt-ridden European Union
Submitted by cpowell on Thu, 2018-06-07 12:33 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, June 7, 2018
Putin tells Europe 'I told you so' about U.S. trade threat
Submitted by cpowell on Thu, 2018-06-07 11:30 Section: Daily DispatchesBy Christian Lowe and Gabrielle Tétrault-Farber
Reuters
Thursday, June 7, 2018
MOSCOW -- Russian President Vladimir Putin said today that he had warned European countries years ago about the risk of the United States imposing its rules on others, and that they were now paying the price for ignoring him.
Exploration company Golden Predator mints Yukon-themed gold coins
Submitted by cpowell on Thu, 2018-06-07 11:05 Section: Daily DispatchesJanet Lee-Sheriff, cited below, organized GATA's Yukon conference in 2005 and its London conference in 2011.
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It's Not Pocket Change -- It's a Pure Yukon Gold Coin
Exploration Company Golden Predator Has Minted Some Coins of Yukon Gold, with Kaska Artwork
From the Canadian Broadcasting Co., Toronto
Wednesday, June 6, 2018
Mongolia's central bank launches campaign to increase gold reserves
Submitted by cpowell on Wed, 2018-06-06 23:06 Section: Daily DispatchesFrom Xinhua News Agency, Beijing
Tuesday, June 5, 2018
http://www.xinhuanet.com/english/2018-06/06/c_137232904.htm
ULAN BATOR, Mongolia -- The Bank of Mongolia said today it has launched a campaign called "National Gold to the Fund of Treasures" within the framework of the "Gold-2" national program.
Too much gold around the house? Store it at Texas' new precious metals depository
Submitted by cpowell on Wed, 2018-06-06 22:43 Section: Daily DispatchesBy Jackie Wang and Brianna Stone
Dallas Morning News
Wednesday, June 6, 2018
AUSTIN, Texas -- Texans who have long stored gold and precious metals elsewhere can bring the bling back to their home state. The country's first state-administered precious metals depository, the Texas Bullion Depository, officially opened Wednesday in Austin.
Clive Crook: Let's watch the Swiss get radical and see what happens
Submitted by cpowell on Wed, 2018-06-06 21:03 Section: Daily DispatchesBy Clive Crook
Bloomberg News
Wednesday, June 6, 2018
This Sunday Swiss voters will decide whether to try what may be the boldest financial experiment ever contemplated -- dismantling their orthodox banking system and building a new one based on so-called sovereign money, or Vollgeld.
Swiss social insurance pension fund drops paper claims, takes gold bars instead
Submitted by cpowell on Wed, 2018-06-06 14:42 Section: Daily DispatchesThe fund cited here is the primary Swiss government social insurance pension fund.
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Swaps Swapped: Switzerland's AHV Moves into Physical Gold
By Barbara Ottawa
Investment Pensions & Europe, London
Tuesday, June 5, 2018
Switzerland's AHV/AVS fund is shifting to physical gold for the commodity exposure in its SwFr35.2 billion (E30.5 billion, $35.6 billion) portfolio.
Scotiabank to scrap half its metals business, sources tell Reuters
Submitted by cpowell on Wed, 2018-06-06 14:31 Section: Daily DispatchesBy Peter Hobson
Reuters
Wednesday, June 6, 2018
LONDON -- Canada's Bank of Nova Scotia (Scotiabank) is limiting lending by its ScotiaMocatta metals unit as it embarks on a radical restructuring likely to halve the size of the business, sources familiar with the matter said.
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