Daily Dispatches

Venezuela's Maduro spends $6 on gold certificate as pensioners queue for their money

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Maduro Buys Gold to Boost Savings amid Five-Digit Inflation

By Jorge Rueda
Associated Press
via Minneapolis Star-Tribune
Monday, September 3, 2018

CARACAS, Venezuela -- President Nicolas Maduro said today he is investing part of his personal savings in a gold-backed certificate as part of a much-questioned plan to crush hyperinflation and reactivate Venezuela's moribund economy.

Alasdair Macleod: The dollar, commodities, and inflation

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2:58p ET Monday, September 3, 2018

Dear Friend of GATA and Gold:

India's central bank sells Treasuries and buys gold for first time in nearly a decade

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RBI Buys Gold for First Time in Nearly a Decade

By Gayatri Nayak
The Times of India, Mumbai
Monday, September 3, 2018

https://economictimes.indiatimes.com/markets/commodities/news/rbi-buys-g...

Ronan Manly: As emerging market currencies collapse, gold is being mobilized

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9:35a ET Monday, September 3, 2018

Dear Friend of GATA and Gold:

Bullion Star gold researcher Ronan Manly today reviews the ascent of gold as protection against the collapse of currencies in Turkey, Iran, Venezuela, and other countries. Manly's analysis is headlined "As Emerging Market Currencies Collapse, Gold Is Being Mobilized" and it's posted at Bullion Star here:

Smart Investor magazine in Germany features GATA's work

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3:17p ET Sunday, September 2, 2018

Dear Friend of GATA and Gold:

Come to the New Orleans conference with GATA and enjoy a money-back guarantee

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1:58p ET Sunday, September 2, 2018

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and your secretary/treasurer will be speaking again this year at the New Orleans Investment Conference, and if you register to attend the conference through GATA, the conference will generously pay us a commission that will help keep the organization going.

Cash ban only taught Indians not to trust the banking system

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India's Cash Ban Failed Even to Create a Bank Savings Culture

By Mihir Sharma
Bloomberg News
Saturday, September 1, 2018

Amid Iran's currency crash, renting apartment requires two gold coins

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By Rohollah Faghihi
Middle East Eye, London
Wednesday, August 29, 2018

TEHRAN, Iran -- It's the commodity that becomes a safe haven at times of economic crisis. Now, with the crash of the rial, Iranians are using gold for more everyday payments, most notably rent -- but the resulting price hikes are starting to affect the demographics of Tehran itself. ...

CFTC orders BNP Paribas to pay $90 million penalty for rate-rigging

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By Pete Schroeder
Reuters
Wednesday, August 29, 2018

WASHINGTON -- U.S. federal regulators on Wednesday ordered BNP Paribas to pay a $90 million civil penalty after settling charges against BNP Paribas Securities Corp. for attempted manipulation of the ISDAfix benchmark.

Russian lawmaker suggests gold-linked cryptocurrency for weapons exports

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From Crypto Coins News, Asker, Norway
Thursday, August 30, 2018

A senior Russian lawmaker has suggested that Moscow should turn to cryptocurrency backed by gold for payments in Russian arms exports to evade financial sanctions from the West.

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