Daily Dispatches

Venezuela's Guaido asks Citibank to freeze gold swap with Maduro government


By Mayela Armas
Friday, February 15, 2019

CARACAS, Venezuela -- Advisers to Venezuelan opposition leader Juan Guaido are asking Citibank not to claim gold put up as collateral for a loan to the government of President Nicolas Maduro if his administration does not make payments on time, a lawmaker said today.

Some of the rarest US coins ever found are hitting the market, thanks to shipwreck off North Carolina


By Mark Price
Charlotte Observer, Charlotte, North Carolina
Thursday, February 14, 2019

The first 502 gold and silver coins plucked from a shipwreck off North Carolina have been sold to a global coin dealer at a price that "wildly exceeded" the recovery project's expectations.

6,000 miners to lose jobs but South Africa doesn't care about gold price suppression


South Africa's Sibanye Weighs Slashing 6,000 Jobs to Stem Gold Losses

By Henry Sanderson
Financial Times, London
Thursday, February 14, 2019

South African miner Sibanye-Stillwater said it may have to cut nearly 6,000 jobs as part of a restructuring of its gold mines due to ongoing losses.

Yikes! Times ARE changing -- The snots at The Economist pontificate favorably about gold


Catching the Gold Bug

When Trouble Strikes, Where Should You Hide? The Case for Gold

The Grand Central Theory of Markets

The Buttonwood column
The Economist, London
Thursday, February 14, 2019


Imagine you have an assignation in New York.

No inflation? What planet do the government statisticians live on?


Headlines Say There's No Inflation, But Look at What's Getting More Expensive

By Yun Li
CNBC, New York
Wednesday, February 13, 2019

U.S. consumer prices were unchanged in January on the headline level, but looking under the hood, some of the most basic consumption including rent, food and medical care are all getting more expensive.

Intercontinental Exchange admits metals market vulnerability to rigging


'Flash Boys'-Style Speed Bump Planned for Futures Markets

By Nick Baker
Bloomberg News
Wednesday, February 13, 2019

Intercontinental Exchange Inc.'s futures market wants to join the battle against the fastest traders.

USAGold's News & Views finds expectations of gold's breakout year


8:44p ET Wednesday, February 13, 2019

Dear Friend of GATA and Gold:

USAGold's "News & Views" newsletter for February asks whether 2019 will be gold's "breakout" year and finds a fair number of analysts who indeed expect that it will be. The newsletter is posted in the clear at USAGold here:


CHRIS POWELL, Secretary/Treasurer

Ted Butler is confident that Justice Dept. will stop JPM's silver rigging


8:38p ET Wednesday, February 13, 2019

Dear Friend of GATA and Gold:

Italy won't sell even 'a gram' of gold reserves, leading legislator says


Besides, first they'd have to find it.

* * *

By Giselda Vagnoni
Wednesday, February 13, 2019

ROME -- The Italian government has no intention of selling the Bank of Italy's gold reserves to plug budget holes, a prominent lawmaker of the ruling League party said today.

Indian brides still want gold, not rupees


By Krishna N. Das
Thursday, February 7, 2019

NEW DELHI, India -- An Indian state will give gold worth about $530 to every bride from a poor family, the latest budget giveaway ahead of a general election that must be held by May.

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