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Daily Dispatches

Coincheck says it lost $400 million in crypto coins

Section: Daily Dispatches

By Yuji Nakamura and Andrea Tan
Bloomberg News
Friday, January 26, 2018

One of Japan's biggest cryptocurrency exchanges said that about $400 million in NEM tokens were lost after the coins were sent "illicitly" outside the venue, spooking investors in a country that's still wary of digital-token exchanges four years after the collapse of Mt. Gox.

ECB executive warns against currency war

Section: Daily Dispatches

From Reuters
Friday, January 26, 2018

Attempts to target exchange rates risk setting off a currency war, a top European Central Bank executive argued today, just days after U.S. officials made their case for a weaker dollar to boost trade.

Nick Barisheff: Gold price manipulation isn't mere conspiracy theory anymore

Section: Daily Dispatches

7:51p ET Thursday, January 25, 2018

Dear Friend of GATA and Gold:

Mike Kosares: Why gold can beat hyperinflation

Section: Daily Dispatches

3:15p ET Thursday, January 25, 2018

Dear Friend of GATA and Gold:

USA Gold's Mike Kosares, answering a question from the Netherlands, explains why gold prices are likely to outpace other prices during hyperinflation. Kosares' commentary is headlined "RK Asks for Some Specifics on Gold as a Hedge Against Hyperinflation" and it's posted at USA Gold here:

Alex Pollock: Confiscation of gold by the federal government -- a lesson

Section: Daily Dispatches

By Alex Pollock
Real Clear Markets, Washington
Thursday, January 25, 2018

Mnuchin comment surprises markets, turns dollar decline into 'one-way bet'

Section: Daily Dispatches

By Patti Domm
CNBC, New York
Wednesday, January 24, 2018

Treasury Secretary Steven Mnuchin's comment that a weak dollar is good for the country accelerated a decline in the currency and fed fears in a market already speculating that White House may make the dollar less attractive for the longer term. ...

Myanmar legalizes gold imports and exports

Section: Daily Dispatches

Gold Exports Now Permitted in Myanmar

By Thiha Ko Ko
Myanmar Times, Yangon
Wednesday, January 24, 2018

Gold and gold jewelry and accessories have been legally cleared for import and export, the Ministry of Commerce said Monday.

Commerce secretary says U.S. isn't abandoning 'strong dollar' policy

Section: Daily Dispatches

By Matthew J. Belvedere
CNBC, New York
Wednesday, January 24, 2018

Commerce Secretary Wilbur Ross took issue today with media characterizations that the United States is departing from its historically strong dollar policy.

Craig Hemke: Will the bullion banks ever let silver join commodities rally?

Section: Daily Dispatches

10:07a ET Wednesday, January 24, 2018

Dear Friend of GATA and Gold:

Weakness in the U.S. dollar, the TF Metals Report's Craig Hemke writes today at Sprott Money, is being reflected in the prices of major commodities, particularly oil and copper, but not in silver, whose market is "easily the most manipulated in the world."

So will silver ever rise and catch up to the rest?

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