Daily Dispatches

Coinbase loses bid to block U.S. tax probe of bitcoin gains

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By Joel Rosenblatt
Bloomberg News
Wednesday, November 29, 2017

Coinbase Inc. lost a bid to block an Internal Revenue Service investigation into whether some of the company's customers haven't reported their cryptocurrency gains.

Torgny Persson: Even if you don't eat it, gold has unique advantages

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6p GMT Thursday, November 30, 2017

Dear Friend of GATA and Gold:

Bullion Star proprietor Torgny Persson today demolishes the old disparagement about gold's value in emergencies -- that you can't eat it. In fact you can, Persson notes, even if it provides no nutritional value. But, Persson asks, what financial instrument is edible?

McEwen Mining CEO admits gold market rigging but just shrugs at it

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10:22a GMT Wednesday, November 29, 2017

Dear Friend of GATA and Gold:

McEwen Mining Chairman and CEO Rob McEwen, founder of Goldcorp, told investors in a conference call November 3 that his company is fully aware of the rigging of the gold market but is not trying to do anything about.

Harvey Organ: Doesn't Comex have gold for delivery anymore?

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9:51a GMT Wednesday, November 29, 2017

Dear Friend of GATA and Gold:

Goldman, Sumitomo, ANZ, and two Chinese banks said bidding for ScotiaMocatta

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Goldman Sachs among bidders for Scotiabank's metals unit: sources

By Peter Hobson and Clara Denina
Reuters
Tuesday, November 28, 2017

LONDON -- Goldman Sachs Group is among around five bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, for which it is seeking up to $1 billion, sources with knowledge of the matter told Reuters.

Craig Hemke: Price-suppressing banks defending silver's 200-day moving average

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5:52p GMT Tuesday, November 28, 2017

Dear Friend of GATA and Gold:

Russia, China see gold as escape from dollar hegemony, CPM Group's Christian says

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2:08p GMT Tuesday, November 28, 2017

Dear Friend of GATA and Gold:

Bloomberg helpfully explains how to short bitcoin

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No need to explain how to short gold, since central banks take care of that just fine as long as news organizations never inquire about it.

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This Is How You Can Short Bitcoin

By Camila Russo
Bloomberg News
Monday, November 27, 2017

Central bankers fear cryptos could cost them control of the world

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Bubble or Breakthrough? Bitcoin Keeps Central Bankers on Edge

By Francesco Canepa
Reuters
Monday, November 27, 2017

FRANKFURT, Germany -- Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble.

Bitcoin could devour the whole financial world, RT's Max Keiser suspects

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Bitcoin Crushing US Dollar and Governments Can Do Nothing to Stop It: Max Keiser

From Russia Today, Moscow
Monday, November 27, 2017

While some have suggested bitcoin's meteoric rise signals a potential cryptocurrency bubble, RT's Max Keiser says fiat currencies like the U.S. dollar are collapsing against it.

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