Gold mining to resume in Wales after 20 years, just in time for royal wedding

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From 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.

An $814 million mystery near the heart of the biggest bitcoin exchange

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By Matthew Leising
Bloomberg News
Tuesday, December 5, 2017

Among the many mysteries at the heart of the cryptocurrency market are these: Does $814 million of a digital token known as tether really exist? And what is tether's connection to Bitfinex, the world's biggest bitcoin exchange?

People have spent over $1 million buying virtual cats on ethereum blockchain

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By Fitz Tepper
Tech Crunch, San Francisco
Sunday, December 3, 2017

Launched a few days ago, CryptoKitties is essentially like a digital version of Pokemon cards but based on the ethereum blockchain. And like most viral sensations that catch on in the tech world, it's blowing up fast.

Bullion Star's November charts show gold demand rising in China, India, Russia

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8:09p ET Monday, December 4, 2017

Dear Friend of GATA and Gold:

Bullion Star's gold market charts for November, posted today, show rising demand for the metal in China, India, and Russia. The charts are posted at Bullion Star here:

https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...

CHRIS POWELL, Secretary/Treasurer

Russia-China bond market play could start a dollarless financial system

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From Russia Today, Moscow
Monday, December 4, 2017

The Moscow stock exchange will soon issue nearly $1 billion of yuan-denominated bonds. It could become the start of a new financial system not based on the U.S. dollar, analysts say.

World Gold Council plans another ETF

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New Physical Gold ETF Filed

From ETF.com, New York
Monday, December 4, 2017

The World Gold Council has filed for a new physical gold ETF. The Gold Trust will be very similar to the $35 billion SPDR Gold Trust (GLD), the world's largest gold fund, but with key differences.

CBOE and CME battle for bitcoin futures bragging rights

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By Philip Stafford
Financial Times, London
Monday, December 4, 2017

Chicago's two largest derivatives exchanges are going head to head in coming weeks to become the U.S. market of choice for bitcoin futures trading.

As brokers line up to offer bitcoin futures, others are quiet

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By Brian Louis
Bloomberg News
Monday, December 4, 2017

U.S. brokerages have a decision to make. Will they offer futures contracts tied to bitcoin -- the cryptocurrency viewed as a gold mine or bubble -- to clients?

UK plans crackdown on bitcoin

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Treasury Crackdown on Bitcoin over Concerns It Is Used to Launder Money and Dodge Tax

By Robert Mendick and Gordon Rayner
The Telegraph, London
Sunday, December 3, 2017

Mnisters are launching a crackdown on the virtual currency bitcoin amid growing concern it is being used to launder money and dodge tax.

Brandon White: Where does the Bank of Canada stand on gold as an asset?

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12:45p ET Saturday, December 2, 2017

Dear Friend of GATA and Gold:

The investment world has gone mad, Brandon White of Bullion Management Group in Markham, Ontario, says in his weekly video, "This Week in Three Minutes," noting extreme valuations in equity markets and bitcoin and the strange disappearance of market corrections.