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Daily Dispatches
Gold-backed and convertible cryptocurrency planned by Sprott
Submitted by cpowell on Sun, 2018-01-21 12:55 Section: Daily Dispatches12:56p ET Sunday, January 21, 2018
Dear Friend of GATA and Gold:
Rick Rule, president of Sprott U.S. Holdings, interviewed this week by the Financial Survival Network's Kerry Lutz, disclosed that in a few days Sprott plans to introduce a cryptocurrency that is backed by gold and convertible into metal vaulted at the Royal Canadian Mint in Ottawa.
Klondike Gold sponsors GATA reception Monday in Vancouver
Submitted by cpowell on Sun, 2018-01-21 12:48 Section: Daily Dispatches12:48p ET Sunday, January 21, 2018
Dear Friend of GATA and Gold:
Klondike Gold Corp., which is exploring the Lone Star gold target near Dawson City in Canada's Yukon Territory --
If buying bitcoin was 'gambling,' its profits are tax-free in UK
Submitted by cpowell on Sat, 2018-01-20 12:46 Section: Daily DispatchesThe Tax-Free Bitcoin Loophole that Could Cost UK Treasury Millions
By Katie Morley
The Telegraph, London
Saturday, January 20, 2018
A tax loophole that reduces bitcoin investors' gains to zero will be exploited by people filling in their returns for this tax year, potentially creating millions in lost revenue for the government, experts have warned.
China orders banks to stop financing cryptocurrencies as noose tightens around disrupter
Submitted by cpowell on Sat, 2018-01-20 12:12 Section: Daily DispatchesBy Xie Yu
South China Morning Post, Hong Kong
Friday, January 19, 2018
The People's Bank of China has ordered financial institutions to stop providing banking or funding to any activity related to cryptocurrencies, further tightening the noose since its shutdown of crypto exchanges last September sent digital currency enthusiasts fleeing overseas.
GATA secretary discusses worldwide struggle for control of gold
Submitted by cpowell on Sat, 2018-01-20 10:56 Section: Daily Dispatches10:57a ET Saturday, January 20, 2018
Dear Friend of GATA and Gold:
Pakistan is the closest the NY Times will get to gold-rigging story
Submitted by cpowell on Sat, 2018-01-20 10:30 Section: Daily Dispatches10:34a ET Saturday, January 20, 2018
Dear Friend of GATA and Gold:
Cast your bread upon the waters, the Bible says somewhere, and pray that something comes back besides overweight seagulls.
Ronan Manly: U.S. gold reserves of immense interest to China and Russia
Submitted by cpowell on Fri, 2018-01-19 21:22 Section: Daily Dispatches9:24p ET Friday, January 19, 2018
Dear Friend of GATA and Gold:
You're invited to GATA's reception following the Vancouver conference Monday
Submitted by cpowell on Thu, 2018-01-18 19:46 Section: Daily Dispatches7:47p ET Thursday, January 18, 2018
Dear Friend of GATA and Gold:
If you're attending the Vancouver Resource Investment Conference this coming Sunday and Monday, please consider greeting GATA Chairman Bill Murphy and board member Ed Steer at GATA's reception from 5-7 p.m. Monday at the Lions Pub at 888 West Cordova St., just around the corner from the conference hall.
HSBC agrees to pay $100 million to settle U.S. probe into currency rigging
Submitted by cpowell on Thu, 2018-01-18 18:29 Section: Daily DispatchesBy Jonathan Stempel and Sangameswaran S
Reuters
Thursday, January 18, 2018
HSBC Holdings today agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.
Hackers have stolen about 14% of digital currencies
Submitted by cpowell on Thu, 2018-01-18 13:34 Section: Daily DispatchesBy Olga Kharif
Bloomberg News
January 18, 2018
Digital currencies and the software developed to track them have become attractive targets for cybercriminals while creating a lucrative new market for computer-security firms.
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