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Daily Dispatches
Dollar drop could force global central banks into rates rethink
Submitted by cpowell on Thu, 2018-01-04 14:10 Section: Daily DispatchesBy David Goodman, Anchalee Worrachate, and Enda Curran
Bloomberg News
Thursday, January 4, 2018
A weaker dollar could be doing the work of global central banks.
Alasdair Macleod: How quickly will the dollar collapse?
Submitted by cpowell on Thu, 2018-01-04 11:15 Section: Daily Dispatches11:15a ET Thursday, January 4, 2018
Dear Friend of GATA and Gold:
Turkish central bank's gold holdings hit record as dollar holdings fall
Submitted by cpowell on Thu, 2018-01-04 09:26 Section: Daily DispatchesGold Reserves at Turkey's Central Bank Hit Record Following Dollar Exchange Policy
By Ugur Gurses
Hurriyet Daily News, Istanbul
Thursday, January 4, 2018
The Turkish Central Bank's gold reserves have reached a record-high 564.8 tons, mainly due to the bank's policy of replacing a large amount of U.S. dollar reserves with bullion.
Bullion Star's gold market charts for December
Submitted by cpowell on Thu, 2018-01-04 09:13 Section: Daily Dispatches9:13a ET Thursday, January 4, 2018
Dear Friend of GATA and Gold:
Bullion Star's gold market charts for December show continued accumulation in the major markets. They charts are posted here:
https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Pakistan ditches dollar for trade with China hours after Trump's denunciation
Submitted by cpowell on Thu, 2018-01-04 08:53 Section: Daily DispatchesBy Nyshka Chandran
CNBC, New York
Thursday, January 4, 2018
Just 24 hours after President Donald Trump took aim at Pakistan on Twitter, the South Asian nation already appears to be cozying up to the world's second-largest economy.
Iran's central bank admits intervening to rig gold price
Submitted by cpowell on Thu, 2018-01-04 08:43 Section: Daily DispatchesIf only the central banks of nominal democracies were as honest.
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Central Bank of Iran to Resume Gold Auctions
From the Financial Tribune, Tehran, Iran
Wednesday, January 3, 2018
Does ANY country's currency exchange rate 'reflect the truth' when gold is rigged?
Submitted by cpowell on Wed, 2018-01-03 19:33 Section: Daily DispatchesAngola's Central Bank Plans to Loosen Kwanza's Peg to the Dollar
By Henrique Almeida and Candido Mendes
Bloomberg News
Wednesday, January 3, 2018
Angola plans to loosen its currency peg to the dollar by establishing a band in which the kwanza can float freely, central bank governor Jose de Lima Massano said.
USAGold's Gold Owner's Guide to 2018
Submitted by cpowell on Wed, 2018-01-03 19:19 Section: Daily Dispatches7:20p ET Wednesday, January 3, 2017
Dear Friend of GATA and Gold:
Who the hell does the grand mufti think he is -- a central banker?
Submitted by cpowell on Wed, 2018-01-03 10:55 Section: Daily DispatchesEgypt's Grand Mufti Says Bitcoin Is Forbidden by Islam
From The Times if Israel, Jerusalem
Tuesday, January 2, 2018
Egypt's top Muslim cleric on Monday called for a ban on bitcoin, saying the digital currency is "forbidden" by Islam. ...
China said to be preparing to limit bitcoin mining
Submitted by cpowell on Wed, 2018-01-03 08:50 Section: Daily DispatchesChina Central Bank Can Tell Local Governments to Regulate Bitcoin Miners' Power Use, Source Tells Reuters
From Reuters
Wednesday, January 3, 2017
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