Daily Dispatches

Arizona governor vetoes bill recognizing gold and silver as legal tender

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By Ryan Van Velzer
Associated Press
via Arizona Star, Tucson
Wednesday, April 1, 2015

PHOENIX -- Gov. Doug Ducey vetoed a bill Wednesday that would have made Arizona the third state behind Utah and Oklahoma to recognize gold and silver as legal tender.

Stefan Gleason: The 5 biggest myths about investing in gold and silver

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4:20p ET Thursday, April 2, 2015

Dear Friend of GATA and Gold:

Stefan Gleason, president of Money Metals Exchange in Idaho, gives GATA a plug in his commentary "The 5 Biggest Myths About Investing in Gold and Silver," posted at TheStreet.com here:

http://www.thestreet.com/story/13099489/1/the-5-biggest-myths-about-inve...

CHRIS POWELL, Secretary/Treasurer

We'll go bankrupt in a week, Greece warns creditors as trust frays in debt drama

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By Mehreen Khan
The Telegraph, London
Thursday, April 2, 2015

Greece will go bankrupt in within a week, government officials have told their creditors, as the country's bailout negotiations push the cash-starved government to the wire.

Barrick Gold must face U.S. lawsuit over mothballed mine

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By Jonathan Stempel
Reuters
Wednesday, April 1, 2015

NEW YORK -- Barrick Gold Corp. has lost its bid to dismiss a U.S. lawsuit that accuses the world's largest gold producer of concealing problems at a troubled South American mine and of fraudulently inflating the company's market value by billions of dollars.

World Gold Council considers launch of new London exchange

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By Henry Sanderson
Financial Times, London
Thursday, April 2, 2015

The gold industry's leading trade body and half a dozen banks have agreed to explore the idea of establishing an exchange in London as the existing market faces greater regulation.

Former BIS official criticizes central bank 'guidance' on interest rates

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9:27p ET Wednesday, April 1, 2015

Dear Friend of GATA and Gold:

Israel applies to become founding member of Asian development bank

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By Mehreen Khan
The Telegraph, London
Wednesday, April 1, 2015

The Israeli government has submitted its application to become a founding member of a controversial Chinese-led development bank, in a move that is likely to cause consternation in Washington.

Zero Hedge: Custodial gold claimed by NY Fed falls below 6,000 tonnes

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8:40p ET Tuesday, March 31, 2015

Dear Friend of GATA and Gold:

Zero Hedge reports tonight that custodial gold said to be held at the Federal Reserve Bank of New York has fallen below 6,000 tonnes for the first time this century as the slow but steady withdrawal of metal, apparently central bank repatriation, continues for the 10th straight month:

Iceland looks at ending boom and bust with radical money plan

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From Agence France-Presse
via The Telegraph, London
Tuesday, March 31, 2015

http://www.telegraph.co.uk/finance/economics/11507810/Iceland-looks-at-e...

Iceland's government is considering a revolutionary monetary proposal -- removing the power of commercial banks to create money and handing it to the central bank.

TF Metals Report: It's all about that yen

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2a SAKT, Tuesday, April 1, 2015

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today provides more evidence in support of London-based market analyst Paul Mylchreest's December study --

http://gata.org/node/14822

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