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Daily Dispatches
Goldman says cryptocurrencies may succeed as money in some backward places
Submitted by cpowell on Wed, 2018-01-10 12:30 Section: Daily DispatchesBy Lily Katz
Bloomberg News
Wednesday, January 10, 2018
Bitcoin may seem like a solution in search of a problem in the United States, where transaction costs are already low and the dollar stable. But in developing countries, digital currencies could succeed as a real form of money, Goldman Sachs Group Inc. says.
Craig Hemke: The three major themes for gold in 2018
Submitted by cpowell on Wed, 2018-01-10 12:06 Section: Daily Dispatches12:07p ET Wednesday, January 10, 2018
Dear Friend of GATA and Gold:
Writing for Sprott Money, the TF Metals Report's Craig Hemke offers predictions for the new year, perhaps foremost among them being a quickening of the pace of retreat from the U.S. dollar around the world. Hemke's commentary is headlined "The Three Major Themes for Gold in 2018" and it's posted at Sprott Money here:
South African gold miners near silicosis lawsuit settlement
Submitted by cpowell on Wed, 2018-01-10 12:00 Section: Daily DispatchesFrom Reuters
Wednesday, January 10, 2018
JOHANNESBURG, South Africa -- The class action brought by thousands of mineworkers who contracted lung diseases while working for South African gold miners has been postponed because the parties are close to a settlement, lawyers for the companies said today.
Asian central banks push back, sending dollar bears a warning
Submitted by cpowell on Tue, 2018-01-09 19:28 Section: Daily DispatchesBy Katherine Greifeld, Robert Fullem, and Liz McCormick
Bloomberg News
Tuesday, January 9, 2018
Dollar bears take heed: Asian central banks may be putting the brakes on the greenback's slide.
Russia-China gold reserves could shake U.S. economic dominance, expert tells RT
Submitted by cpowell on Mon, 2018-01-08 12:57 Section: Daily DispatchesFrom Russia Today, Moscow
Monday, January 8, 2018
The gold accumulated by China and Russia could be seen as part of a strategy to move away from international trade denominated in U.S. dollars, according to Singapore's Bullion Star precious metals expert Ronan Manly.
Join GATA at Singapore conference in March and Hong Kong conference in April
Submitted by cpowell on Sun, 2018-01-07 20:37 Section: Daily Dispatches8:40p ET Sunday, January 7, 2018
Dear Friend of GATA and Gold:
Your secretary/treasurer will make presentations again at this year's Mining Investment Asia conference in Singapore, to be held Monday through Wednesday, March 26-28, and the Mines and Money Asia conference in Hong Kong, to be held Tuesday through Friday, April 3-6.
Ed Steer's Gold & Silver Digest: Another unhappy COT report
Submitted by cpowell on Sun, 2018-01-07 18:50 Section: Daily Dispatches8p ET Sunday, January 7, 2018
Dear Friend of GATA and Gold:
GATA board member Ed Steer's Gold & Silver Digest letter for Saturday, headlined "Another Unhappy COT Report," is posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1515360227.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Bombay Stock Exchange plans oil and gold futures
Submitted by cpowell on Fri, 2018-01-05 15:20 Section: Daily DispatchesBy Ram Sahgal
The Times of India, Mumbai
Friday, January 5, 2018
MUMBAI -- The Bombay Stock Exchange, Asia's oldest bourse, is ready to launch this year a commodities derivatives segment that will include products tied to underlying physical assets such as gold, crude oil, and natural gas.
Eric Sprott: Maybe the whole fraud of the Comex is unwinding
Submitted by cpowell on Fri, 2018-01-05 15:11 Section: Daily Dispatches3:12p ET Friday, January 5, 2018
Dear Friend of GATA and Gold:
Weakness in the U.S. dollar is pushing gold and silver up along with commodities generally, mining entrepreneur Eric Sprott tells interviewer Craig Hemke in the weekly wrapup for Sprott Money News.
India's gold imports rebound amid signs that tax woes are fading
Submitted by cpowell on Fri, 2018-01-05 13:22 Section: Daily DispatchesBy Shruti Srivastava and Vrishti Beniwal
Bloomberg News
Friday, January 5, 2018
Gold imports by India, the world's second-biggest market after China, surged 37 percent in December after falling for three straight months, according to a person familiar with the data.
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