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Daily Dispatches
Central banking's secret market rigging, not its credibility, controls price expectations
Submitted by cpowell on Mon, 2018-05-28 10:14 Section: Daily Dispatches10:30a ET Monday, May 28, 2018
Dear Friend of GATA and Gold:
Oh, for a chance to put critical questions to central bankers at forums where their refusal to reply responsively at least might embarrass them in front of an audience. (Of course that's why such forums are never held.)
Wolfgang Munchau: The euro must be made more robust to rival the dollar
Submitted by cpowell on Sun, 2018-05-27 23:12 Section: Daily DispatchesBy Wofgang Munchau
Financial Times, London
Sunday, May 27, 2018
https://www.ft.com/content/ca8c6826-5f76-11e8-ad91-e01af256df68
Many years ago I used to attend an annual seminar in pleasant surroundings in which the participants discussed the politics and economics of two European countries. There were usually two groups.
Lack of reliable domestic money corrupts everyone in Zimbabwe's capital
Submitted by cpowell on Sun, 2018-05-27 10:19 Section: Daily DispatchesInside Zimbabwe's Multi-Million-Dollar Black Economy
From the Center for Investigative Journalism
Harare, Zimbabwe
Friday, May 25, 2018
Hyperinflation, free electricity fuel crypto-mining boom in Caracas
Submitted by cpowell on Sun, 2018-05-27 10:11 Section: Daily DispatchesThere's a Crypto-Mining Machine in Every Home in Caracas
By Daniel Cancel
Bloomberg News
Friday, May 25, 2018
CARACAS, Venezuela -- Crypto fever may have cooled across much of the globe, but don't tell that to folks here. They're mining coins like crazy.
Europeans in Iran bitterly denounce U.S. as 'Caesar' amid new sanctions
Submitted by cpowell on Sun, 2018-05-27 10:04 Section: Daily DispatchesBy Thomas Erdbrink
The New York Times
Saturday, May 26, 2017
TEHRAN, Iran -- After the landmark nuclear agreement of 2015, hundreds of European, Asian and even American companies rushed to enter Iran's largely untapped market of 80 million people, assured by the United States and the other signatories that their investments would be safe for at least a decade.
Erdogan calls on Turks to convert dollars and euros into their own nation's currency
Submitted by cpowell on Sat, 2018-05-26 19:53 Section: Daily DispatchesFrom Hurriyet Daily News, Istanbul
Saturday, May 26, 2018
ERZURUM, Turkey -- Turkish President Recep Tayyip Erdogan called on Turkey's citizens today to convert their dollar and euro savings into lira, as he sought to bolster the ailing currency which has lost some 20 percent of its value against the U.S. currency this year.
Northern Dynasty sinks along with financing deal with First Quantum
Submitted by cpowell on Sat, 2018-05-26 10:04 Section: Daily DispatchesBy Danielle Bochove
Bloomberg News
Friday, May 25, 2018
Northern Dynasty Minerals Ltd. plummeted Friday after the collapse of a pact with First Quantum Minerals Ltd. to finance the controversial Pebble mining project in Alaska.
Turkey's election angst is driving up demand for gold coins
Submitted by cpowell on Sat, 2018-05-26 09:42 Section: Daily DispatchesBy Cagan Koc, Rupert Rowling, and Eddie van der Walt
Bloomberg News
Friday, May 25, 2018
With just a month until elections, shopkeepers at Turkey's biggest bazaar say they're seeing a jump in demand for gold coins.
Brandon White: Five developments this week in the transition to a gold-based monetary system
Submitted by cpowell on Fri, 2018-05-25 22:12 Section: Daily Dispatches10:15p ET Friday, May 25, 2018
Dear Friend of GATA and Gold:
In his "This Week in Three Minutes" video commentary, Brandon White of bullion dealer BMG Management Group in Toronto describes five developments in the last week that indicate the world's transition away from a financial system based on the U.S. dollar to a system based in part on gold. White's commentary can be viewed here:
Part 4 from 'American Default': Victory in gold battle saved the New Deal
Submitted by cpowell on Fri, 2018-05-25 13:41 Section: Daily Dispatches1:44p ET Friday, May 25, 2018
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