Daily Dispatches

Russia plans to tackle U.S. sanctions with bitcoin, Kremlin economist says

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By Hasan Chowdhury
The Telegraph, London
Monday, January 14, 2019

Russia is preparing an investment in bitcoin to replace the US dollar as a reserve currency in a bid to tackle US sanctions, according to a Russian economist with close ties to the Kremlin.

Newmont to become largest gold producer with $10 billion purchase of Goldcorp

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By John Benny
Reuters
Monday, January 14, 2019

Newmont Mining Corp said today it would buy smaller rival Goldcorp Inc. in a deal worth $10 billion, creating the world's biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal.

Bank of China to enable payment in yuan on U.S. e-commerce platforms

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By Tom Daly
Reuters
Sunday, January 13, 2019

BEIJING -- Bank of China's New York branch will enable Chinese firms to receive payment in yuan rather than dollars from their sales on U.S. e-commerce platforms this year, the official Xinhua news agency reported today.

Sea shells? Oxen? Zimbabwe plans a new currency as dollar shortage bites

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Another resource- and gold-rich country insisting on being poor.

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By MacDonald Dzirutwe
Bloomberg News
Saturday, January 12, 2019

HARARE, Zimbabwe -- Zimbabwe will introduce a new currency in the next 12 months, the country's finance minister said, as a shortage of U.S. dollars plunges the financial system into disarray, forcing businesses to close and threatening unrest.

Ronan Manly: Separating truth from fiction in China's golden game of poker

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1:48p ET Saturday, January 12, 2019

Dear Friend of GATA and Gold:

Tocqueville gold letter: Explosion in U.S. debt foretells dollar's devaluation against gold

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10:48a ET Saturday, January 12, 2019

Dear Friend of GATA and Gold:

In the Tocqueville gold letter for January, fund manager John Hathaway argues that the explosion of U.S. government debt to banana republic levels foretells a big devaluation of the dollar against gold. (Just don't ask him why it hasn't happened already.)

Matthew Lynn: Next eurozone crisis has begun and will lead to more money creation

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The Next Eurozone Crisis Has Already Started

By Matthew Lynn
The Telegraph, London
Friday, January 11, 2019

https://www.telegraph.co.uk/business/2019/01/11/next-eurozone-crisis-has...

Ted Butler: Questions only the Justice Department can get answered about silver manipulation

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8:50p ET Thursday, January 10, 2019

Dear Friend of GATA and Gold:

Yellow vest protesters aim to crash French banking system

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Yellow Vest Protesters to Withdraw All Their Euros in Massive Run on French Banks

From News Corp., Associated Press, and Agence France-Presse
via News Corp. Australia, Sydney
Thursday, January 10, 2019

Barrick Gold's new CEO dismisses Canada HQ debate as 'hysteria'

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By Dnaielle Bochove
Bloomberg News
Thursday, January 10, 2019

Barrick Gold Corp.'s new chief executive is surprised by the "hysteria" over whether the world's largest gold miner will remain a Canadian company.

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