Daily Dispatches

Deutsche Bank tires quickly of its experiment with integrity

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Head of Deutsche Bank Integrity Committee to Resign

By James Shotter
Financial Times, London
Thursday, April 28, 2016

http://www.ft.com/intl/cms/s/0/9256f338-0d82-11e6-b41f-0beb7e589515.html

Georg Thoma is to resign from Deutsche Bank's supervisory board after coming under fire from other board members in a battle over how to deal with the German bank's past scandals.

Dissatisfied Zero Hedge employee feeds his resentments to Bloomberg

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8:35a ET Friday, April 29, 2016

Dear Friend of GATA and Gold:

A dissatisfied employee has quit Zero Hedge and fed his complaints to Bloomberg News, which gleefully recounts them today:

http://www.bloomberg.com/news/articles/2016-04-29/unmasking-the-men-behi...

Zero Hedge quickly replies:

Following ancients, explorers hunt gold in the Egyptian desert

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Still another rich country insisting on being poor.

* * *

By The Associated Press
via The New York Times
Thursday, April 28, 2016

EASTERN DESERT, Egypt -- Off the off-road tracks deep in Egypt's eastern desert, prospectors are ramping up the hunt for the treasure once revered by the pharaohs as the "skin of the gods" -- gold.

Putin's decade-old dream realized as Russia to price its own oil

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By Eduard Gismatullin
Bloomberg News
Wednesday, April 27, 2016

Russian President Vladimir Putin is on the verge of realizing a decade-old dream: Russian oil priced in Russia.

Alasdair Macleod: Taking the petro out of the dollar

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2:30p ET Thursday, April 28, 2016

Dear Friend of GATA and Gold:

CFTC has no comment on Deutsche Bank's admission of gold, silver market rigging

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2p ET Thursday, April 28, 2016

Dear Friend of GATA and Gold:

The U.S. Commodity Futures Trading Commission will not answer questions arising from Deutsche Bank's reported agreement to pay damages for and implicate other banks in the manipulation of the gold and silver markets, a commission spokesman said today.

Gold miner Petropavlovsk stages a comeback with brace of deals

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By Jon Yeomans
The Telegraph, London
Thursday, April 28, 2016

Gold miner Petropavlovsk, which last year nearly went out of business, has staged a comeback with a brace of deals that could mark a new era for hard-pressed investors.

Russia's VTB aims to supply up to 100 tonnes of gold to China per year

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By Oksana Kobzeva and Polina Devitt
Reuters
Tuesday, April 26, 2016

MOSCOW -- VTB Bank, Russia's second-largest lender, aims to supply between 80 and 100 tonnes (2.57-3.22 million troy ounces) of gold to China per year, the bank said on Tuesday after it started the shipments.

Venezuela doesn't have enough money to pay for its money

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By Andrew Rosati
Bloomberg News
Wednesday, April 27, 2016

Venezuela's epic shortages are nothing new at this point. No diapers or car parts or aspirin -- it's all been well documented. But now the country is at risk of running out of money itself.

Precious metals dealer credits GATA for exposing market manipulation

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7:50p ET Tuesday, April 26, 2016

Dear Friend of GATA and Gold:

Interviewed by King World News, Stephen Quayle of Renaissance Precious Metals in Bozeman, Montana, gives GATA credit for exposing the manipulation of the monetary metals markets.

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