Daily Dispatches

Investors are flocking to gold like there's no tomorrow

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By Lauren Gensler
Forbes magazine, New York
Friday, February 12, 2016

Gold is having a moment.

The precious metal surged 6% this week, and is up 16% this year, as global market turmoil has prompted nervous investors to rush into what they view as a safe haven investment.

Chinese start to lose confidence in their currency

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By Keith Bradsher
The New York Times
Saturday, February 13, 2016

HONG KONG -- As the Chinese economy stumbles, wealthy families are increasingly trying to move large sums of money out of the country, worried that the value of the currency will fall and their savings will be worth less.

Allister Heath: This crisis has been caused by arrogant central banks

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By Allister Heath
The Telegraph, London
Thursday, February 11, 2016

An interview with George Taber, author of 'Chasing Gold'

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12:10p ET Friday, February 12, 2016

Dear Friend of GATA and Gold:

The enduring power of gold as money is recounted in an interview done this week by the University of Pennsylvania's Wharton School of Business with George M. Taber, a former business editor of Time magazine and author of the recent book "Chasing Gold: The Incredible Story of How the Nazis Stole Europe's Bullion."

Bron Suchecki moves from Perth Mint to Monetary Metals

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11:40a ET Friday, February 12, 2016

Dear Friend of GATA and Gold:

The Perth Mint's research director, Bron Suchecki, to whose commentaries your attention often has been called, has resigned to become vice president for operations at the Monetary Metals consultancy and investment advisory service in Scottsdale, Arizona.

The King Report: Strategic buying of S&P futures is managing stock market decline

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By Bill King
The King Report
Arbor Research and Trading, Barrington, Illinois
Friday, February 12, 2016

http://thekingreport.com/

Bitcoin's future threatened by software schism

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By Richard Waters
Financial Times, London
Thursday, February 11, 2016

SAN FRANCISCO -- A schism among software developers that threatens the future of bitcoin has broken into the open with Wednesday's release of a rival version of the technology behind the digital currency.

Bank of Japan loses control as QE hits the limits

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By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, February 11, 2016

The Japanese yen has become the lightning rod of extreme stress in the global financial system, rocketing this week in violent moves that threaten to plunge Japan back into deep deflation and overwhelm the experiment of "Abenomics."

TF Metals Report: The confidence game is failing

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8:10p ET Thursday, February 11, 2016

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson attributes the launch of the monetary metals to widespread loss of confidence in central banking and sees this as a first step toward greater use of gold and silver as money. His commentary is headlined "The Confidence Game is Failing" and it's posted here:

Koos Jansen: Looks like London's gold inventory is nearing exhaustion

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4:15p ET Thursday, February 11, 2016

Dear Friend of GATA and Gold:

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