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Daily Dispatches
Reuters mentions 'central bank manipulation'
Submitted by cpowell on Thu, 2017-12-07 20:20 Section: Daily DispatchesSo how about reporting on it?
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Bitcoin Flirts with $16,000, Alarm Bells Ring Louder
By Jemima Kelly and Gertrude Chavez-Dreyfuss
Reuters
Thursday, December 7, 2017
Bitcoin rocketed to a lifetime high just shy of $16,000 today after climbing some 60 percent over one week, intensifying the debate about whether the cryptocurrency is in a bubble about to burst.
Mike Kosares: The gift of gold is peace of mind
Submitted by cpowell on Thu, 2017-12-07 14:38 Section: Daily Dispatches2:35p ET Thursday, December 7, 2017
Dear Friend of GATA and Gold:
Noting the increasing strangeness of the markets, USAGold's Mike Kosares writes today that gold still has a place and a future.
Wall Street banks push back on launch of bitcoin futures
Submitted by cpowell on Thu, 2017-12-07 09:18 Section: Daily DispatchesBy Philip Stafford
Financial Times, London
Thursday, December 7, 2017
The world's largest banks are pushing back on the introduction of bitcoin futures, raising concerns with U.S. regulators that the financial system is ill-prepared for the launch of the contracts as the value of the volatile cryptocurrency has soared.
Bill Murphy: Rocketing bitcoin highlights gold and silver suppression
Submitted by cpowell on Thu, 2017-12-07 09:13 Section: Daily Dispatches"Midas" commentary for Wednesday, December 6, 2017
By Bill Murphy
LeMetropoleCafe.com
Wednesday, December 6, 2017
The gold price was traumatized yesterday by the Gold Cartel's forceful raid, plunging right through important support at $1,270 all the way down to $1,260.
Traders on billion-dollar crypto exchange say they can't withdraw money
Submitted by cpowell on Wed, 2017-12-06 19:44 Section: Daily DispatchesBy Oscar Williams-Grut
Business Insider, New York
Wednesday, December 6, 2017
LONDON -- Customers of cryptocurrency trading platform Bittrex are complaining of problems withdrawing money and say they have been left in the dark by the huge U.S. exchange.
Russian finance ministry suggests outlawing crypto mining
Submitted by cpowell on Wed, 2017-12-06 19:37 Section: Daily DispatchesFrom Russia Today, Moscow
Wednesday, December 6, 2017
As the Russian government is working on laws to regulate virtual currencies, the country's finance ministry has proposed making their mining illegal. However, buying them will not be punishable.
Bitcoin mining service NiceHash says hackers emptied its wallet
Submitted by cpowell on Wed, 2017-12-06 19:15 Section: Daily DispatchesBy Olga Kharif
Bloomberg News
Wednesday, December 6, 2017
NiceHash, the marketplace for cloud-based mining of cryptocurrencies, said hackers breached its systems and stole an unknown amount of bitcoin from its virtual wallet.
TF Metals Report: Another tradable low coming
Submitted by cpowell on Wed, 2017-12-06 15:16 Section: Daily Dispatches3:16p ET Wednesday, December 6, 2017
Dear Friend of GATA and Gold:
GATA Chairman Murphy interviewed for Reluctant Preppers
Submitted by cpowell on Wed, 2017-12-06 09:58 Section: Daily Dispatches9:58a ET Wednesday, December 6, 2017
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed by Dunagun Kaiser for Reluctant Preppers, discusses the contrast between the suppressed prices of the monetary metals and the exploding prices of all other assets. The interview is 16 minutes long and can be heard at YouTube here.
Gold mining to resume in Wales after 20 years, just in time for royal wedding
Submitted by cpowell on Tue, 2017-12-05 10:19 Section: Daily DispatchesFrom Wales Online, Cardiff, Wales, United Kingdom
Monday, December 4, 2017
There are plans to restart gold mining in north Wales after a major mineral firm took a large stake in the owner of the Clogau gold project.
Alba Mineral Resources has taken a 49-percent stake in Gold Mines of Wales Ltd. (GMOW), which owns the the Clogau gold project, situated within the Dolgellau gold belt.
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