Daily Dispatches

Storage cost argument against gold now applies to cash, McEwen notes

Submitted by cpowell on Tue, 2016-09-20 20:40 Section: Daily Dispatches

Gold Bull McEwen Sees Prices as High as $1,900 by End of Year

By Danielle Bochove and Millie Munshi
Bloomberg News
Monday, September 20, 2016

Robert McEwen, one of the gold's industry's most unabashed bulls, is predicting prices could surge as much as 44 percent by the end of the year as confidence in the economy buckles.

Read more about Storage cost argument against gold now applies to cash, McEwen notes

Do you know where those gold maples have been? Canadian Mint doesn't either

Submitted by cpowell on Tue, 2016-09-20 20:30 Section: Daily Dispatches

Canadian Mint Employee Accused of Smuggling $180,000 of Gold in His Rectum

By Kelly Egan
Ottawa Citizen
Tuesday, September 20, 2016

http://ottawacitizen.com/news/local-news/egan-170k-in-mint-gold-allegedl...

Read more about Do you know where those gold maples have been? Canadian Mint doesn't either

Japan's problems foreshadow the West's, Embry tells King World News

Submitted by cpowell on Tue, 2016-09-20 16:18 Section: Daily Dispatches

4:18p ET Tuesday, September 20, 2016

Dear Friend of GATA and Gold:

In an interview today with King World News, Sprott Asset Management's John Embry says Japan's problems foreshadow the West's: a "staggering government debt burden in conjunction with a moribund economy as well as a shrinking, aging, xenophobic population." An excerpt from the interview is posted at KWN here:

Read more about Japan's problems foreshadow the West's, Embry tells King World News

Swiss gold exports down 7% on year to 160 metric tonnes in August, four-month low

Submitted by cpowell on Tue, 2016-09-20 13:37 Section: Daily Dispatches

By George King Cassell
Platt's, London
Tuesday, September 20, 2016

Gold exports from Switzerland totaled 160 metric tonnes in August, down 7 percent from 172 metric tonnes a year earlier, Swiss federal customs data showed today.

Read more about Swiss gold exports down 7% on year to 160 metric tonnes in August, four-month low

Bitcoin is money, U.S. judge says in case tied to JPMorgan hack

Submitted by cpowell on Mon, 2016-09-19 21:10 Section: Daily Dispatches

Sounds like this logic would recognize gold as money too.

* * *

By Jonathan Stempel
Reuters
Monday, September 18, 2016

NEW YORK -- Bitcoin qualifies as money, a federal judge ruled on today in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co. and other companies.

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GATA Chairman Murphy discusses silver's threat to gold price suppression

Submitted by cpowell on Mon, 2016-09-19 19:55 Section: Daily Dispatches

7:54p ET Monday, September 19, 2016

Dear Friend of GATA and Gold:

Ken Ameduri of Crush The Street today interviews GATA Chairman Bill Murphy about silver's threat to the central bank gold price suppression scheme. The interview is 15 minutes long and can be heard at Crush the Street here:

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Turk asks: What will be the Fed's excuse this time for not raising rates?

Submitted by cpowell on Mon, 2016-09-19 19:03 Section: Daily Dispatches

7p ET Monday, September 19, 2016

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk tells King World News today that this week's meeting of the Federal Open Market Committee will be interesting not for any increase in interest rates but for the committee's explanation for again declining to raise rates. An excerpt from the interview is posted at KWN here:

Read more about Turk asks: What will be the Fed's excuse this time for not raising rates?

South Africa's top gold miner isn't afraid to say President Zuma 'has to go'

Submitted by cpowell on Mon, 2016-09-19 17:27 Section: Daily Dispatches

By Danielle Bochove, Kevin Crowley, and Millie Munshi
Bloomberg News
Monday, September 19, 2016

South Africa's President Jacob Zuma "has to go," with poor governance deterring prospective investors, according to the head of Sibanye Gold Ltd., the biggest producer of South African bullion.