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Daily Dispatches
Keith Barron struck it rich in Ecuador and now is looking for the lost cities of gold
Submitted by cpowell on Wed, 2017-12-20 07:38 Section: Daily DispatchesBy Laura Millan Lombrana and Danielle Bochove
Bloomberg News
Wednesday, December 20, 2017
Hugo Salinas Price: Wild speculation in bitcoin
Submitted by cpowell on Tue, 2017-12-19 19:02 Section: Daily Dispatches7:02p ET Tuesday, December 19, 2017
Dear Friend of GATA and Gold:
Pakistan examines Chinese proposal to replace dollar with yuan
Submitted by cpowell on Tue, 2017-12-19 18:25 Section: Daily DispatchesBy Ayaz Gul
Voice of America, Washington
Tuesday, December 19, 2017
ISLAMABAD, Pakistan -- Officials in Pakistan say a Chinese proposal to replace the U.S. dollar with yuan for bilateral trade is under consideration.
Craig Hemke: It is what it is but it's not what it seems
Submitted by cpowell on Tue, 2017-12-19 18:06 Section: Daily Dispatches6:11p Tuesday, December 19, 2017
Dear Friend of GATA and Gold:
South Korean bitcoin exchange Youbit closes after second hack attack
Submitted by cpowell on Tue, 2017-12-19 12:30 Section: Daily DispatchesFrom the British Broadcasting Corp., London
Tuesday, December 19, 2017
A crypto-currency exchange in South Korea is shutting down after it was hacked for the second time in less than eight months.
Youbit, which lets people buy and sell bitcoins and other virtual currencies, has filed for bankruptcy after losing 17 percent of its assets in the cyberattack.
EU plans to prohibit anonymity for bitcoin transactions on exchanges
Submitted by cpowell on Tue, 2017-12-19 09:15 Section: Daily DispatchesEU Agrees to Clamp Down on Bitcoin Platforms to Tackle Money Laundering
By Francesco Guarascio
Reuters
Saturday, December 16, 2017
BRUSSELS, Belgium -- European Union states and legislators agreed on Friday on stricter rules to prevent money laundering and terrorism financing on exchange platforms for bitcoin and other virtual currencies, the EU said in a statement.
A bitcoin.com founder has sold all his bitcoin, as it's 'as good as useless'
Submitted by cpowell on Mon, 2017-12-18 23:35 Section: Daily DispatchesBy Tom Turula
Australian Financial Review, Melbourne
Tuesday, December 19, 2017
Bitcoin.com is one of the world's largest bitcoin sites, having grown its profile thanks to the insane price surge of the cryptocurrency this year. But its co-founder and CTO, Emil Oldenburg, a Swedish native, is extremely skeptical of bitcoin's future.
All that Chinese oil traders want for Christmas is a futures contract
Submitted by cpowell on Mon, 2017-12-18 14:41 Section: Daily DispatchesFrom Bloomberg News
Thursday, December 14, 2017
Unlike Mariah Carey, all Yuan Quwei wants for Christmas is to trade oil futures on a Chinese exchange.
Stewart Dougherty: 'Exchange for physicals' erases government trades that rig gold price
Submitted by cpowell on Mon, 2017-12-18 11:01 Section: Daily Dispatches11:06a ET Monday, December 18, 2017
Dear Friend of GATA and Gold:
Financial writer Stewart Dougherty argues today that the supposedly "emergency" procedure in the New York Commodities Exchange's gold futures market, "exchange for physicals," is part of a mechanism that governments use to vaporize contracts created by their own trading that aims to keep the gold price in a tight channel.
Join GATA at the Vancouver Resource Investment Conference Jan. 21-22
Submitted by cpowell on Sun, 2017-12-17 22:32 Section: Daily Dispatches10:30p ET Sunday, December 17, 2017
Dear Friend of GATA and Gold: