Daily Dispatches

Romanian president stalls repatriation of gold reserves

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From Romania Journal, Bucharest
Wednesday, November 20, 2019

President Klaus Iohannis has sent back to Parliament the law on gold repatriation initiated by the former Social Democratic Party leader Liviu Dragnea and by the party's Sen. Serban Nicolae. The law says Romania's gold reserves deposited abroad should be stored in the country.

... Dispatch continues below ...


Ted Butler: A genuine dilemma

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11:25a ET Friday, November 22, 2019

Dear Friend of GATA and Gold:

Patrick Heller: 'Paper' gold can be risky business

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By Patrick Heller
Numismatic News, Iola, Wisconsin
Thursday, November 21, 2019

Owning "paper" gold is not the same as possessing physical gold. Even though prices of both forms of gold ownership are currently the same, they will not necessarily be equal down the road.

Venezuela's paper currency is worthless, so its people seek virtual gold

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From The Economist, London
Thursday, November 22, 2019

Corruption, incompetence, and sanctions have devastated Venezuela's oil industry, the country's main source of hard currency. But Venezuela's economic crisis has encouraged the growth of another: the "farming" of virtual gold in the artificial worlds created by video games.

Glint Pay, gold payment start-up, is rescued by investors

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By Daniel Thomas
Financial Times, London
Thursday, November 21, 2019

A UK start-up that lets customers buy and use gold for everyday spending has been saved from administration by its management and investors.

Ex-JPMorgan trader found guilty in U.S. currency-rigging trial

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By Brendan Pierson
Reuters
Wednesday, November 20, 2019

NEW YORK -- A former foreign exchange trader at JPMorgan Chase & Co. was found guilty Wednesday of conspiring to rig trades for his own benefit.

Akshay Aiyer was convicted of one count of conspiracy by a jury in federal court in Manhattan, court records show. He is scheduled to be sentenced on April 3.

If not for GATA, what would you really know about gold?

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9:36p ET Thursday, November 21, 2019

Dear Friend of GATA and Gold:

Yikes! Trump Fed nominee Shelton admits central banks are currency manipulators

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Trump's Fed Pick Judy Shelton Cast Doubt on Central Bank Independence

By Saleha Mohsin
Bloomberg News
Thursday, November 21, 2019

Greta Thunberg lookalike in 1898 Yukon gold rush photo sparks time-travel theories

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By Devika Desai
National Post, Toronto
Thursday, November 21, 2019

A 120-year-old photograph of a girl digging for gold in the Yukon has sparked online theories that climate-change activist Greta Thunberg might be a time traveller.

Jan Nieuwenhuijs, once Koos Jansen, resumes research at Voima Gold

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2:37p ET Thursday, November 21, 2019

Dear Friend of GATA and Gold:

Jan Nieuwenhuijs, whose research in recent years made him an expert on China's gold market when he was writing for Bullion Star using the pseudonym Koos Jansen, has become researcher for Voima Gold in Helsinki, Finland, and will resume his public commentaries there without a pseudonym.

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