Daily Dispatches

Ronan Manly: Russia, China, and BRICS: A new gold trading network

Submitted by cpowell on Sat, 2017-12-02 11:45 Section: Daily Dispatches

11:45a ET Saturday, December 2, 2017

Dear Friend of GATA and Gold:

Led by Russia and China, gold researcher Ronan Manly writes today, Asia countries are steadily moving toward creating a physical gold market that will displace the gold derivatives markets of the West. Manly's analysis is headlined "Russia, China, and BRICS: A New Gold Trading Network" and it's posted at Bullion Star here:

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Alasdair Macleod: The dollar's prospects are poor

Submitted by cpowell on Fri, 2017-12-01 04:25 Section: Daily Dispatches

9:24a GMT Friday, December 1, 2017

Dear Friend of GATA and Gold:

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Sector is demoralized and monetary metals are bargains, GATA chairman says

Submitted by cpowell on Fri, 2017-12-01 04:06 Section: Daily Dispatches

9:05a GMT Friday, December 1, 2017

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy, interviewed by GoldSeek Radio's Chris Waltzek, says the monetary metals sector is hugely demoralized and gold and silver are the world's most undervalued assets. The interview is eight minutes long and can be heard at GoldSeek Radio here:

http://radio.goldseek.com/nuggets/murphy.11.30.17.mp3

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Coinbase loses bid to block U.S. tax probe of bitcoin gains

Submitted by cpowell on Thu, 2017-11-30 13:16 Section: Daily Dispatches

By Joel Rosenblatt
Bloomberg News
Wednesday, November 29, 2017

Coinbase Inc. lost a bid to block an Internal Revenue Service investigation into whether some of the company's customers haven't reported their cryptocurrency gains.

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Torgny Persson: Even if you don't eat it, gold has unique advantages

Submitted by cpowell on Thu, 2017-11-30 13:07 Section: Daily Dispatches

6p GMT Thursday, November 30, 2017

Dear Friend of GATA and Gold:

Bullion Star proprietor Torgny Persson today demolishes the old disparagement about gold's value in emergencies -- that you can't eat it. In fact you can, Persson notes, even if it provides no nutritional value. But, Persson asks, what financial instrument is edible?

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McEwen Mining CEO admits gold market rigging but just shrugs at it

Submitted by cpowell on Wed, 2017-11-29 05:19 Section: Daily Dispatches

10:22a GMT Wednesday, November 29, 2017

Dear Friend of GATA and Gold:

McEwen Mining Chairman and CEO Rob McEwen, founder of Goldcorp, told investors in a conference call November 3 that his company is fully aware of the rigging of the gold market but is not trying to do anything about.

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Harvey Organ: Doesn't Comex have gold for delivery anymore?

Submitted by cpowell on Wed, 2017-11-29 04:51 Section: Daily Dispatches

9:51a GMT Wednesday, November 29, 2017

Dear Friend of GATA and Gold:

Read more about Harvey Organ: Doesn't Comex have gold for delivery anymore?

Goldman, Sumitomo, ANZ, and two Chinese banks said bidding for ScotiaMocatta

Submitted by cpowell on Tue, 2017-11-28 18:24 Section: Daily Dispatches

Goldman Sachs among bidders for Scotiabank's metals unit: sources

By Peter Hobson and Clara Denina
Reuters
Tuesday, November 28, 2017

LONDON -- Goldman Sachs Group is among around five bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, for which it is seeking up to $1 billion, sources with knowledge of the matter told Reuters.