Daily Dispatches

First English gold coin worth just a penny will sell for unbelievable amount

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From the Daily Mirror, London
Tuesday, December 26, 2017

The first English gold coin that had to be scrapped after a banking blunder meant it was worth less than its weight in gold is now tipped to sell for L500,000.

Some 52,000 of the King Henry III gold pennies were struck nearly 800 years ago before it was realised they were too heavy.

Matching gift offer for GATA's fund drive rises to $10,000

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10:27a ET Tuesday, December 26, 2017

Dear Friend of GATA and Gold:

In response to our fundraising appeal Sunday --

http://www.gata.org/node/17898

-- and the quick $5,000 matching gift offer from Stefan Gleason of Money Metals Exchange --

http://www.gata.org/node/17899

Sudan sharply devalues its pound against U.S. dollar

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From Xinhua, Beijing
Monday, December 26, 2017

KHARTOUM, Sudan -- Sudan today officially devaluated Sudanese pound against the U.S. dollar from 6.9 to 18 pounds.

Abdul-Rahman Dirar, Sudan's state minister at the ministry of finance, made the announcement at a press conference.

Israeli regulator seeks to ban cryptocurrency firms from stock exchange

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By Steven Scheer
Reuters
Monday, December 25, 2017

JERUSALEM, Israel -- Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange, he said on Monday.

Let regions go bankrupt, Chinese central bank official says

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From Bloomberg News
Sunday, December 24, 2017

A Chinese central bank official said China should allow local governments to go bankrupt to help rein in regional authorities' excessive borrowing.

Your donation to GATA this week will be doubled

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4:48p ET Monday, December 25, 2017

Dear Friend of GATA and Gold:

In response to GATA's year-end fundraising appeal Sunday --

http://www.gata.org/node/17898

Bullion Star describes gold's importance in all major religions

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10:19a ET Sunday, December 25, 2017

Dear Friend of GATA and Gold:

Gold isn't important only to central banks for controlling the currency markets. Today, Christmas Day, Bullion Star describes the significance gold holds in all major religions. Bullion Star's report is headlined "Gold for Christmas -- Gold's Importance in Religion" and it's posted here:

China's market meddling is reported, U.S. govt.'s isn't

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10:06a ET Monday, December 25, 2017

Dear Friend of GATA and Gold:

Writing in The New York Times today, Richir Sharma, chief global strategist at Morgan Stanley Investment Management, argues that the U.S. dollar will remain the world's most trusted currency despite China's efforts to internationalize the renminbi.

FLASH: Your donation to GATA in the week ahead will be doubled

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4:27p ET Sunday, December 24, 2017

Dear Friend of GATA and Gold:

In response to GATA's year-end fundraising appeal today --

http://www.gata.org/node/17898

Help GATA repeat in 2018 its successes this year

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11:13a ET Sunday, December 24, 2017

Dear Friend of GATA and Gold:

For exposing central bank rigging of the monetary metals markets, 2017 has been a great year for GATA, even if it has been only a fair one for monetary metals miners and investors.

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