Russia to double gold extraction to become second-biggest producer

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From Russia Today, Moscow
Sunday, June 3, 2018

Major Russian gold mining companies are planning to almost double production. The increase could make Russia the world's second largest producer of the precious metal.

Paulson nears launch of investor alliance to shake up gold sector

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By John Tilak and Nicole Mordant
Reuters
Friday, June 1, 2018

U.S. hedge fund Paulson & Co, led by long-time gold bull John Paulson, is set to name a group of investors that will work together to try to drive changes and better returns from gold mining companies after years of dismal industry performance, according to people familiar with the situation.

Ted Butler: Great frauds require darkness

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4:39p ET Friday, June 1, 2018

Dear Friend of GATA and Gold:

"Great Frauds Require Darkness" is the headline of silver market analyst Ted Butler's latest commentary about silver market manipulation, in which he notes that no one in government authority and no mainstream financial news organization dares to approach the issue. Butler's commentary is posted at 24hGold here --

Chinese company in talks to buy large gold mine in Indonesia

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By Julie Steinberg and P.R. Venkat
The Wall Street Journal
Friday, June 1, 2018

A Chinese mining-exploration company is in advanced discussions to acquire an Indonesian gold and silver mine for around $1.5 billion, according to people familiar with the matter.

One of these days, Alice -- to the moon!

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9:58p ET Thursday, May 31, 2018

Dear Friend of GATA and Gold:

At the opening of GATA's Gold Rush 21 conference in Dawson City, Yukon Territory, back in August 2005, our friend, South Africa's "Mister Gold," the late Peter George, was already tired of the brazenness of gold price suppression.

... Dispatch continues below ...



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Mike Kosares: Gold ownership is a lifestyle decision as much as a portfolio decision

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3:39p ET Thursday, May 31, 2018

Dear Friend of GATA and Gold:

Gold ownership, USAGold proprietor Mike Kosares writes today, is as much a lifestyle decision as a portfolio decision, more a matter of preserving wealth than making money.

Alasdair Macleod: Gold's monetary rehabilitation

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3:14p ET Thursday, May 31, 2018

Dear Friend of GATA and Gold:

In perhaps his most brilliant essay yet, GoldMoney research chief Alasdair Macleod today notes that the U.S. government's more aggressive use of economic sanctions is pushing the rest of the world away from the U.S. dollar and toward an Asia- and gold-based monetary system.

Chris Marcus: What the London Gold Pool offers about the current gold market

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10:22a ET Thursday, May 31, 2018

Dear Friend of GATA and Gold:

Writing for bullion dealer Miles Franklin, financial analyst Chris Marcus calls attention to a couple of fascinating reports about the London Gold Pool of the 1960s by John Paul Koning. They were published in 2009 at the Mises Institute's internet site.

Incrementum's annual 'In Gold We Trust Report' sees 'the turning of the monetary tides'

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9a ET Wednesday, May 30, 2018

Dear Friend of GATA and Gold:

The annual "In Gold We Trust" report by Incrementum's Ronald-Peter Stoeferle and Mark J. Valek, titled "Gold and the Turning of the Monetary Tides," argues that the world is steadily moving away from a dollar-based financial system and that gold actually has been doing well for many years relative to other currencies.