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Daily Dispatches
Russia's 'cryptorubles' won't be very crypto at all
Submitted by cpowell on Sun, 2017-10-15 15:50 Section: Daily DispatchesThis report evokes the old joke about how there were only two television stations in the Soviet Union: Channel 1, with government programming, and Channel 2, where a KGB agent told viewers to turn back to Channel 1.
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Russia to issue 'cryptoruble'
By Jon Buck
The Coin Telegraph
Sunday, October 15, 2017
GATA Chairman Murphy interviewed by GoldSeek Radio
Submitted by cpowell on Sun, 2017-10-15 10:57 Section: Daily Dispatches10:56a ET Sunday, October 15, 2017
Dear Friend of GATA and Gold:
Koos Jansen: The gold-backed oil-yuan futures contract myth
Submitted by cpowell on Sun, 2017-10-15 10:06 Section: Daily Dispatches10:06a ET Sunday, October 15, 2017
Dear Friend of GATA and Gold:
Gold researcher and Chinese gold market expert Koos Jansen today argues that the Nikkei Asian Review's September 1 report asserting that China is planning an oil futures contract somehow "backed" by gold --
https://asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-w...
London's gold crown is slipping
Submitted by cpowell on Sun, 2017-10-15 09:27 Section: Daily DispatchesBy Eddie Van Der Walt and Susanne Barton
Bloomberg News
Sunday, October 15, 2017
London is losing its Midas touch.
The Economist: The internationalization of China's currency has stalled
Submitted by cpowell on Sat, 2017-10-14 17:17 Section: Daily DispatchesFrom The Economist, London
Saturday, October 13, 2017
Is Britain ready to go cashless? UK heads toward abolishing physical money
Submitted by cpowell on Sat, 2017-10-14 16:26 Section: Daily DispatchesBy Laura Suter, Richard Dyson, and Sophie Christie
The Telegraph, London
Saturday, October 14, 2017
The replacement of the forgery-prone old 1-pound coin, supposed to be fully implemented from tomorrow night, has sparked fresh speculation about how rapidly Britain is heading toward a new epoch in the history of spending -- the outright abolition of all physical cash.
China moves in as U.S. pulls back from global institutions
Submitted by cpowell on Sat, 2017-10-14 16:18 Section: Daily DispatchesBy Shawn Donnan
Financial Times, London
Saturday, October 14, 2017
WASHINGTON -- The prospect of a wave of "America First" protectionism and tax reform in the United States has loomed large over this week's annual meeting of the International Monetary Fund and World Bank.
Sputnik News: Russia stockpiles gold to guard against manipulation by U.S.
Submitted by cpowell on Sat, 2017-10-14 15:53 Section: Daily DispatchesFrom Sputnik News, Moscow
Saturday, October 14, 2017
The Central Bank of Russia has recently been buying bullion at an unprecedented pace. According to Argentine financial expert Gabriel Rubinstein, this policy is aimed at protecting the Russian economy in the event of crisis situations, including against dollar-related "manipulations" by the United States.
The psychology of gold and why it has that allure
Submitted by cpowell on Fri, 2017-10-13 10:54 Section: Daily DispatchesBy Puja Bhattacharjee
CNN, Atlanta, Georgia
Friday, October 13, 2017
When you think of the color gold, images of grandeur and extravagance are likely to come to mind.
For millennia the metal has adorned crowns and hilts of swords. It has been used to enhance paintings and ornaments to increase their value.
Alasdair Macleod: Oil for gold -- the real story
Submitted by cpowell on Fri, 2017-10-13 10:39 Section: Daily Dispatches10:38a ET Friday, October 13, 2017
Dear Friend of GATA and Gold:
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