Daily Dispatches

The gold mine Barrick might regret selling

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8:04p ET Tuesday, May 24, 2016

Dear Friend of GATA and Gold:

Resource company publicist Tommy Humphreys of CEO.CA today issued a report that may be most interesting for showing how insanely cheap the junior gold mining business remains despite the rise in the monetary metal's price since the start of the year.

Embry sees dollar vulnerable, expects change in market sentiment

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5:35p ET Tuesday, May 24, 2016

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry tells King World News today that the U.S. dollar is vulnerable because of the decline of its use in the oil trade. Embry adds that he thinks a major change in market sentiment is coming. An excerpt from the interview is posted at the KWN Internet site here:

Hugo Salinas Price: Mechanical 'economics'

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12:15p ET Tuesday, May 24, 2016

Dear Friend of GATA and Gold

Former IMF economist asserts that gold is money as good as government bonds

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9:59a ET Tuesday, May 24, 2016

Dear Friend of GATA and Gold:

GoldCore's Mark O'Byrne this week calls attention to commentary written this month by Harvard economics professor Kenneth Rogoff recommending that countries diversify their foreign exchange holdings away from the government bonds of developed countries and into gold.

Banks must defend Libor lawsuits after judges warn of impact

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By Bob Van Voris
Bloomberg News
Monday, May 23, 2016

Sixteen of the world's largest banks, including JPMorgan Chase & Co. and Citigroup Inc., must face antitrust lawsuits accusing them of hurting investors who bought securities tied to Libor by rigging an interest-rate benchmark, a ruling that an appeals court warned could devastate them.

Gold is having an unusual rising correction, Turk tells KWN

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6:49p ET Monday, May 23, 2016

Dear Friend of GATA and Gold:

Kinross' Paul Rollinson and after the gold rush

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By James Wilson
Financial Times, London
Monday, May 23, 2016

http://www.ft.com/intl/cms/s/0/65aac95c-0c6c-11e6-b0f1-61f222853ff3.html

When Paul Rollinson took over as chief executive of Kinross Gold four years ago the end was in sight for the biggest gold boom in history -- and for some of the people who were part of it.

Counterfeit gold and silver coins burning buyers

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By John Matarese
WCPO-TV9, Cincinnati, Ohio
Friday, May 20, 2016

The price of gold is heading up again in 2016, as investors worry about the safety of the stock market. As a result, you may be noticing more radio commercials and online ads for gold coins.

But before you invest, coin experts are warning you to beware counterfeits that are flooding the market right now.

Alasdair Macleod: The eurozone is the greatest danger

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By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, May 19, 2016

Worldwide, markets are horribly distorted, which spells danger not only to investors, but to businesses and their employees as well, because it is impossible to allocate capital efficiently in this financial environment.

GoldMoney launches gold payroll and gold payout applications for BitGold business platform

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Company Announcement
via Business Wire, San Francisco, California
Wednesday, May 18, 2016

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