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Updated: 7 hours 26 min ago

Ronan Manly: Ireland conceals basic information about its gold reserves

10 hours 36 min ago

11:20a ET Monday, January 23, 2017

Dear Friend of GATA and Gold:

Gold researcher Ronan Manly today begins a two-part series of essays showing how Ireland's central bank is striving to conceal basic information about the country's gold reserves. Manly's essay is headlined "Ireland's Monetary Gold Reserves: High-Level Secrecy vs. Freedom of Information -- Part I" and it's posted at Bullion Star here:

https://www.bullionstar.com/blogs/ronan-manly/irelands-monetary-gold-res...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/

Join GATA here:

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Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
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* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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Chris Powell: Currency regime has run the world for 'America first' since 1945

10 hours 58 min ago

Trump's Megalomaniac Delusion: 'Now I Am the People'

By Chris Powell
Journal Inquirer, Manchester, Connecticut
Monday, January 23, 2017

http://www.journalinquirer.com/opinion/chris_powell/trump-s-megalomaniac...

President Trump's inaugural address was based on the ridiculous conceit that he somehow had received a mandate for running second in the election with just 46 percent of the vote, almost 3 million votes behind the leader, who didn't do so well herself. With his ascension, Trump said, "we are not merely transferring power from one administration to another, or from one party to another, but we are transferring power from Washington and giving it back to you, the American people."

Or as the megalomanical politician invented by the Firesign Theater in 1970 said, "Now I am the people."

Continuing to pander, Trump offered another ridiculous conceit -- that "a small group in our nation's capital" has been cheating all the good people of the country.

... Dispatch continues below ...


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USAGold: Coins and bullion since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

In fact, while the country purports to hate Congress, it loves its own congressman, almost always re-electing him because he does his best to cheat every other congressman's district for the benefit of his own. That is, nearly everyone is on the government gravy train one way or another but still fashions himself exploited.

"We've made other countries rich while the wealth, strength, and confidence of our country have disappeared over the horizon," the new president said. "The wealth of our middle class has been ripped from their homes and then redistributed across the entire world. ... From this moment on, it's going to be America first."

Except that since 1945, when, by international agreement, the U.S. dollar was installed as the world reserve currency, the world itself has been run on an "America first" basis. That's because for international trade the world has been required to use currency issued only by the U.S. government, allowing the United States to run huge trade deficits, thereby essentially taxing the world for using the dollar so Americans can consume far more than they produce.

This currency arrangement is a primary cause of the decline of simple manufacturing in the United States, about which Trump complained during his campaign and again in his inaugural address.

"America first"? It has been a long time since it was otherwise.

The protectionism and tariffs the new president seemed to advocate in his address will not be good for the complex manufacturing in which the United States now excels. Protectionism and tariffs will be reciprocated and may be as bad for Boeing and Pratt & Whitney as they may be good for Airbus and Rolls Royce.

Trump's address included fair grievances: "Mothers and children trapped in poverty in our inner cities. Rusted-out factories scattered like tombstones across the landscape of our nation. An education system flush with cash but which leaves our young and beautiful students deprived of knowledge. And the crime and gangs and drugs that have stolen too many lives and robbed our country of so much unrealized potential. ... We have defended other nations' borders while refusing to defend our own."

But Trump's own response to these problems was only the most delusional megalomania. "This American carnage stops right here and stops right now," the new president said before hurrying off to march in the inaugural parade and dance at the inaugural balls.

A new week has begun and of course the "carnage" has not stopped or even slowed, for mere proclamations are powerless against problems arising from mistaken policies of long standing. The country may not even be capable of addressing these problems while it is as divided politically, philosophically, and socially as Weimar Germany was divided between Nazis and Communists.

Indeed, as the tribune of America's populist right was taking his oath, just a few blocks away the neo-Stalinist left was already rioting, smashing windows and burning cars.

-----

Chris Powell is managing editor of the Journal Inquirer.

* * *

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LME's pitch for share of gold market faces bumpy ride

Sun, 01/22/2017 - 21:35

By Peter Hobson and Pratima Desai
Reuters
Monday, January 23, 2017

LONDON -- Fears of inflexibility and rising costs are sapping enthusiasm for the London Metal Exchange's new suite of gold contracts, potentially leaving the exchange reliant on the threat of an increasing regulatory burden to drive uptake.

London's $5 trillion-a-year gold trade has, along with the rest of the City of London, found itself under increased scrutiny since the Libor scandal, with U.S. lawsuits alleging rigging against the banks that set bullion prices.

Regulatory pressure sparked the fall of the near century-old telephone-based gold fix, or benchmark pricing, which was replaced by an electronic alternative in 2015, and reform of the management structure of the London Bullion Market Association.

The LME, owned by Hong Kong Exchanges and Clearing Ltd., says its contracts, which include spot, futures, and options, would bring price-setting out of the back rooms of banks by creating a published forward pricing curve for gold and sliver out to five years.

It also says the contracts' central clearing would free the banks and brokers that dominate London's over-the-counter gold market from increasingly onerous capital requirements, creating savings that could be passed to others in the industry.

But a source at a major gold trading bank said: "There's a lot of caution and probably outright scepticism from market participants whether this will add anything but another cost to the bottom line." ...

... For the remainder of the report:

http://www.reuters.com/article/lme-precious-idUSL5N1F76KB

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Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata


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Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
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* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

http://www.gata.org/node/16

High-frequency trading radio masts criticized by planners

Sun, 01/22/2017 - 16:24

By Hannah Murphy
Financial Times, London
Sunday, January 22, 2017

U.S. high-‎frequency traders aiming to build radio towers taller than the Shard in a tiny village in the English countryside have been criticized by local planning officials ahead of a crucial council meeting next week.

Three traders are behind plans to build two vast masts in Kent to clip milliseconds off trading speeds between London and Frankfurt, but the size of the towers has attracted local opposition.

The fate of the masts will be decided at a Dover council meeting on Thursday, which will judge whether to overrule residents' protests and a report last week by a local planning official that they would damage views of the landscape, which contains the remnants of a Roman fort.

The standoff highlights the lengths to which electronic traders are prepared to go to receive valuable trading data before rivals, by beaming information over hundreds of miles using radio microwaves. ...

... For the remainder of the report:

https://www.ft.com/content/048c59a0-df26-11e6-9d7c-be108f1c1dce

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At 3 Aces Project, Golden Predator Finds 7.5 Meters of 33 Grams-Per-Tonne Gold


Company Announcement
Thursday, January 19, 2017

VANCOUVER, British Columbia, Canada -- Golden Predator Mining Corp. (TSX.V: GPY; OTCQX: NTGSF) is pleased to report assay results for the first 13 holes of a total of 54 holes completed in the winter 2016 drill program at the 3 Aces Project in southeastern Yukon Territory.

Drilling has demonstrated an extension of high-grade gold at the Ace of Spades zone, as well as the exciting discovery of a blind vein and the occurrence of significant assay values in stockwork zones.

Significant results reported at true width include:

-- Hole 3A16-RC-032 intersected 7.54 meters of 32.86 grams per tonne gold from a depth of 16.76 meters, including 0.54 meters of 252 grams per tonne gold; and a new blind vein at a depth of 71.63 meters returned 3.23 meters of 10.04 grams per tonne gold. (The hole ended in mineralization. ...

For the remainder of the announcement:

http://www.goldenpredator.com/_resources/news/nr_2017_01_19.pdf

Join GATA here:

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Friday, February 24, 2017
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http://tdvinvestmentsummit.com

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Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

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Hong Kong Convention and Exhibition Centre
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* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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http://www.gata.org/node/16

Gold price suppression is vital to govt. currencies but will fail, Turk says

Sat, 01/21/2017 - 11:17

10:16a ET Saturday, January 21, 2017

Dear Friend of GATA and Gold:

In an interview with Wealth Research Group, GoldMoney founder and GATA consultant James Turk explains why gold price suppression is essential to the defense of government-issued currencies and why the current suppression scheme seems likely to fail soon. Turk credits GATA for exposing the scheme worldwide. The interview is a half hour long and can be heard at You Tube here:

https://www.youtube.com/watch?v=ij4c__Qnnio&t=2s

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

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Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

GATA board member Ed Steer interviewed by financial letter writer Dennis Miller

Fri, 01/20/2017 - 11:21

10:21a ET Friday, January 20, 2017

Dear Friend of GATA and Gold:

Financial letter writer Dennis Miller this week interviewed GATA board member Ed Steer, editor of Ed Steer's Gold & Silver Daily letter, about the rigging of the monetary metals market. The interview is headlined "Does Market Rigging in the Metals Signal a Buying Opportunity?" and it's posted at Miller's internet site, Miller on the Money, here:

http://milleronthemoney.com/market-rigging-metals-signal-buying-opportun...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

USAGold: Coins and bullion since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Mnuchin says long-term strength of U.S. dollar is important

Thu, 01/19/2017 - 20:54

By Saleha Mohsin and Austin Weinstein
Bloomberg News
Thursday, January 19, 2017

Treasury Secretary nominee Steven Mnuchin told lawmakers today the long-term strength of the U.S. dollar is important and said President-elect Donald Trump's comments that the currency was too high weren't meant as a longer-run policy.

The dollar's "long-term strength -- over long periods of time -- is important," Mnuchin said in response to questions at his confirmation hearing before the Senate Finance Committee in Washington. "The U.S. currency has been the most attractive currency to be in for very, very long periods of time. I think that it's important and I think you see that now more than ever." ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2017-01-19/mnuchin-says-long-ter...

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Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata


Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Alasdair Macleod: A gold primer for 2017

Thu, 01/19/2017 - 20:14

7:15p ET Thursday, January 19, 2017

Dear Friend of GATA and Gold:

GoldMoney research director Alasdair Macleod explains today why Elliott wave theory has no application to gold trading and why amid steadily depreciating currencies, gold has every reason to rise. Macleod's commentary is headlined "Gold -- A Primer for 2017" and it's posted at GoldMoney's internet site here:

https://wealth.goldmoney.com/research/goldmoney-insights/gold-a-primer-f...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

John Embry: Watch out when reality breaks through fake news, manipulated markets

Thu, 01/19/2017 - 14:17

1:17p ET Thursday, January 19, 2017

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry tells King World News today that people are going to be horrified when reality breaks through fake news, manipulated markets, propaganda, and economic data that has been falsified by government. An excerpt from his interview is posted at KWN here:

http://kingworldnews.com/the-uninformed-public-will-be-horrified-by-what...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

USAGold: Coins and bullion since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

GATA Chairman Murphy interviewed by the Daily Coin

Thu, 01/19/2017 - 11:17

10:17a ET Thursday, January 19, 2017

Dear Friend of GATA and Gold:

With the gold price suppression scheme showing strain, the Daily Coin interviews GATA Chairman Bill Murphy about the prospects for the monetary metals. The interview is 23 minutes long and can be heard here:

http://thedailycoin.org/2017/01/18/bill-murphy-gold-silver-banking-cabal...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata


Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

China cuts U.S. Treasury holdings to lowest level since 2010

Wed, 01/18/2017 - 22:22

By Joe Rennison and Eric Platt
Financial Times, London
Wednesday, January 18, 2017

China cut its holdings of U.S. Treasuries by $66 billion in November, reducing its position in the safe-haven debt to the lowest level since 2010 as the country battles to stabilise its currency.

The acceleration in sales -- the largest monthly decline since December 2011 -- threatens a rise in U.S. interest rates if it continues and follows an unwinding in October that saw China cede its position as the largest foreign holder of U.S. Treasuries to Japan.

China has been selling its foreign exchange holdings in part to support the renminbi, which has fallen 4 percent against the U.S. dollar since the start of last year. The fall in Treasury holdings is part of a wider campaign by Beijing to stem capital outflows. ...

... For the remainder of the report:

https://www.ft.com/content/714117d0-ddd1-11e6-86ac-f253db7791c6

ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Free candy bar more appealing to Californians than a free gold coin

Wed, 01/18/2017 - 22:14

9:17p ET Wednesday, January 18, 2017

Dear Friend of GATA and Gold:

Writer and provocateur Mark Dice this week once again took to the sunny streets of Encinitas, California, just north of San Diego, to reconfirm the ignorance of Americans -- or Californians, anyway -- about the monetary metals, as he offered passersby the choice of a free 10th-ounce gold coin or a free Snickers candy bar. If the three-minute video Dice has posted at You Tube about his experiment is representative, he couldn't give away the gold coin and even sometimes had a hard time giving away the candy. At least one fellow accosted by Dice recognized that a social experiment of sorts was in progress, though he couldn't quite figure it out.

Odds are that Dice will not attempt this experiment in Mumbai, Ho Chi Minh City, or Shanghai.

The video is posted at You Tube here:

https://www.youtube.com/watch?v=BgUxF7gvYeE

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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USAGold: Coins and bullion since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
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Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

TF Metals Report: Questioning the generally accepted narrative

Wed, 01/18/2017 - 15:36

2:36p ET Wednesday, January 18, 2017

Dear Friend of GATA and Gold:

Taking inventory of the convention wisdom about the financial markets in 2017, the TF Metal Report's Turd Ferguson notes today that it's not doing so well. His commentary is headlined "Questioning the Generally Accepted Narrative" and it's posted at the TF Metals Report here:

http://www.tfmetalsreport.com/blog/8103/questioning-generally-accepted-n...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata


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Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
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Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

http://www.gata.org/node/16

Trump's options for weakening dollar extend far beyond tweeting

Tue, 01/17/2017 - 23:24

No mention of gold here.

* * *

By Andrea Wong
Bloomberg News
Tuesday, January 17, 2017

https://www.bloomberg.com/news/articles/2017-01-17/president-trump-wants...

Donald Trump may have a point: The dollar is indeed strong. Judging from the Federal Reserve's own trade-weighted dollar index, the U.S. currency is now around 7 percent above its four-decade average.

A strong dollar isn't necessarily detrimental to the economy, but it may torpedo Trump's vision to revive America's manufacturing sector. Before his comments to the Wall Street Journal that the strong dollar is "killing" the ability of U.S. companies to compete, the 22 percent appreciation since mid-2014 had already worsened the trade deficit, while the full effect hasn't yet percolated into the real economy.

... Dispatch continues below...


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What can Trump and his administration do if they want a weaker dollar? Here are five options.

1. Jawboning

Talk is cheap, but it has worked for Trump -- so far. If history is any guide, traders stop listening to government officials and central bankers in the absence of concrete policies that target exchange rates.

Just look at Japan. When Abenomics lost steam and traders started to bet on a stronger yen, Finance Minister Taro Aso repeatedly warned that the surge had been disorderly and one-sided, hinting that the government could intervene to weaken it. The yen ended up surging as much 22 percent last year.

2. Coordinated Intervention

The Treasury Department has worked with central banks worldwide to bring down and drive up the dollar over the past three decades -- most recently in 2011. The problem is coordinated intervention has gone out of vogue in recent years, partly because analysts aren't sure whether it really works when officials are trying to sway a vast market like the dollar, which sees about $5 trillion exchange hands every day.

Also, most currency interventions are sterilized, meaning central banks would inject or take out liquidity on the side as part of the transaction to maintain the level of money supply. An argument "common among economists, was that sterilized intervention has no long-lasting effect and unsterilized intervention is just another kind of monetary policy," Jeffrey Frankel, an expert in currency intervention and a professor at Harvard University's Kennedy School of Government, wrote in a paper published December 2015.

3. Unilateral Intervention

Going it alone is simply a taller order than having the backing of your allies, in this instance the Group-of Seven-nations. A 2013 communique among G-7 nations denounced unilateral intervention and agreed not to target exchange rates.

Yet the statement acknowledged that "excessive volatility and disorderly movements in exchange rates can have adverse implications for economic and financial stability." The Trump administration could spin the same communique to make the case for intervention.

While Charles St. Arnaud, a senior economist at Nomura Securities International, doesn't think Trump will unilaterally weaken the dollar, "the U.S. can have a good argument," he said. "The dollar has appreciated a lot in a rapid pace. They can always argue it's difficult for the economy to adjust to such a big, broad-based appreciation."

Unilateral intervention poses the risk of turning into a full-blown currency war. If the Treasury decides to break from the pack and starts weakening the dollar, other countries may be justified to do the same.

4. Creation of Sovereign Wealth Fund

Nomura also floated a rather left-field option: creating a sovereign wealth fund. Many emerging nations and even developed ones such as Norway have coffers that buy foreign assets from government bonds to real estate, and there's no reason why the U.S. can't follow.

5. Non-Currency Intervention

In the end, Trump may just focus on protectionist policies that produced a weaker dollar as a natural consequence. He has vowed to renegotiate trade treaties and impose import tariffs on China and Mexico, moves that may destabilize the dollar and engineer a more favorable exchange rate for America's exporters.

* * *

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

http://www.gata.org/node/16

What was the 'strong-dollar policy' except gold leasing and price suppression?

Tue, 01/17/2017 - 20:48

7:55p ET Tuesday, January 17, 2017

Dear Friend of GATA and Gold:

Financial news organizations tonight are full of reports about the imminent demise of the U.S. government's longstanding "strong-dollar policy," what with President-elect Trump having declared in an interview with The Wall Street Journal that the dollar is "too strong."

The Journal's headline is "Trump Comments Signal Shift in Approach to U.S. Dollar":

http://www.wsj.com/articles/trump-comments-signal-shift-in-approach-to-u...

The headline in the Financial Times is "Trump Team Shifts Further from Strong-Dollar Policy":

https://www.ft.com/content/50376d50-dcaa-11e6-9d7c-be108f1c1dce

CNBC says "Trump Just Signaled the Death of Clinton-Era Strong-Dollar Policy":

http://www.cnbc.com/2017/01/17/trump-just-signaled-death-of-clinton-era-...

And Marketwatch's headline is "Trump Is Waving Adios to the Longstanding 'Strong-Dollar Policy'":

http://www.marketwatch.com/story/trump-is-waving-adios-to-the-longstandi...

But as always, even now no news organization seems to be explaining exactly how the "strong-dollar policy" was implemented. The policy prevailed through periods of war and peace as well as periods of U.S. government budget restraint and wretched excess.

So what did the U.S. government actually do to keep the dollar strong?

... Dispatch continues below ...


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Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

GATA long has maintained that the "strong-dollar policy" was mainly gold price suppression, implemented largely through the gold carry trade devised by President Clinton's treasury secretary, former Goldman Sachs Chairman Robert Rubin, an enterprise in which Western central banks "leased" gold to investment banks at negligible interest rates and encouraged them to sell the metal and invest the proceeds in U.S. government bonds paying closer to 5 percent. The investment banks thereby collected a spread that was risk-free as long as they had the assurance that, as Federal Reserve Chairman Alan Greenspan told Congress in July 1998, "central banks stand ready to lease gold in increasing quantities should the price rise":

https://www.federalreserve.gov/boarddocs/testimony/1998/19980724.htm

Gold leasing gave the U.S. government a strong dollar, strong government bond prices, and low interest rates even as the government's debt began to explode under Presidents Bush and Obama. For inflation was safely concealed behind a gold price that was suppressed by artificial and imaginary supply.

So if the U.S. government wants a weaker dollar, it probably needs only to curtail gold leases and swaps and take some central bank feet off the gold market, feet that seem to have been stomping on gold pretty hard lately, given the explosion of gold swapping through the Bank for International Settlements over the last year:

http://www.gata.org/node/17099

This easing of gold price suppression probably can be done without prompting any suspicion from mainstream Western financial news organizations, which are either brain-dead or as compliant as news organizations in totalitarian countries. Tonight only Marketwatch seems to have come across a hint of what the "strong-dollar policy" was really about. Of the Rubin years at Treasury, Marketwatch writes:

"The Clinton administration's tune soon changed once Rubin replaced [Lloyd] Bentsen. Rubin drove home the shift by faithfully repeating that a strong dollar was in America's interest. Some well-timed intervention that burned the fingers of dollar bears also helped."

"Intervention"? There's a big story there, but what mainstream financial news organization will ever dare to tell it?

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

* * *

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

http://www.gata.org/node/16

Trump's comments send dollar reeling

Tue, 01/17/2017 - 12:41

By Chelsey Dulaney
The Wall Street Journal
Tuesday, January 17, 2017

The dollar slid to a one-month low today after President-elect Donald Trump described the currency as "too strong" in an interview with The Wall Street Journal, casting new uncertainty onto the dollar’s postelection rally.

The WSJ Dollar Index, which measures the U.S. currency against 16 others, fell 1.1 percent to 91.19, its lowest point since the U.S. Federal Reserve raised interest rates on Dec. 14. The dollar was down nearly 1% against the Japanese yen and the Mexican peso.

In the interview with the Journal, Mr. Trump said the U.S. dollar was already "too strong," in part because China holds down its currency, the yuan. "Our companies can't compete with them now because our currency is too strong. And it's killing us," he said.

Mr. Trump had alluded to the dollar throughout the presidential campaign, threatening to label China a currency manipulator for weakening the yuan. But Mr. Trump's comments were the clearest indication yet that the new administration would prefer a weaker dollar. A stronger dollar can hurt U.S. companies by making their products more expensive overseas. ...

... For the remainder of the report:

http://www.wsj.com/articles/trump-comments-send-dollar-reeling-148466671...

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Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata


Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Hugo Salinas Price: The further decline in international reserves

Mon, 01/16/2017 - 20:58

7:58p ET Monday, January 16, 2017

Dear Friend of GATA and Gold:

Noting the continuing decline in the international reserves of central banks, Hugo Salinas Price, president of the Mexican Civic Association for Silver, writes today that credit contraction is likely to follow, along with deflation, unemployment, currency devaluation, and political instability. His analysis is headlined "The Further Decline in International Reserves" and it's posted at the association internet site, Plata.com.mx, here:

http://www.plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=3...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

http://www.gata.org/node/16

Von Greyerz and Maguire interviewed at King World News

Sun, 01/15/2017 - 17:27

4:27p ET Sunday, January 15, 2017

Dear Friend of GATA and Gold:

Interviewed by King World News, Swiss gold fund manager Egon von Greyerz says gold long has been outperforming stock markets around the world even as those markets are in bubble territory:

http://kingworldnews.com/the-greatest-secret-of-this-century-and-why-gol...

And London metals trader Andrew Maguire says the U.S. government has been using psychological war operations to control markets but that gold is beginning to overcome them:

http://kingworldnews.com/whistleblower-andrew-maguire-us-government-usin...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

USAGold: Coins and bullion since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

GATA secretary to speak at Singapore and Hong Kong conferences in March and April

Sun, 01/15/2017 - 11:39

10:39a Sunday, January 15, 2017

Dear Friend of GATA and Gold:

Your secretary/treasurer will speak at the end of March at the Mining Investment Asia conference in Singapore and at the beginning of April at the Mines and Money Asia conference in Hong Kong, Asia being more sympathetic to gold's monetary functions than North America is.

The Mining Investment Asia conference will be held from Tuesday-Friday, March 28-31, at the Marina Bay Sands conference center in downtown Singapore. Information about the conference and registration is posted here:

http://www.mininginvestmentasia.com/

The Mines and Money Asia conference will be held Wednesday-Friday, April 5-7, 2017, at the Hong Kong Convention and Exhibition Centre in the Wan Chai section of the city. Participants in the conference can obtain discount lodging rates at the two adjacent hotels, the Grand Hyatt and Renaissance Harbour View. Information about the conference and registration is posted here:

http://asia.minesandmoney.com/

Of course both cities are spectacular and, being former British colonies, are easily navigable for those who speak only English. So your secretary/treasurer would be delighted to see some of GATA's friends there.

CHRIS POWELLL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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Market Analyst Fabrice Taylor Expects K92 Shares to Rise
as Company Commences Gold Production and Gains Cash Flow

Interviewed on Business News Network in Canada, market analyst and financial letter writer Fabrice Taylor said shares of K92 Mining (TSXV:KNT) are likely to rise, even amid declining gold prices, because the company has begun producing gold at its mine in Papua New Guinea:

http://www.bnn.ca/video/fabrice-taylor-discusses-k92-mining~1008356

Taylor cited the company's announcement here:

http://www.k92mining.com/2016/11/6114/

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
https://cambridgehouse.com/event/54/vancouver-resource-investment-confer...

Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

http://www.gata.org/node/16

Lady Liberty will be a black woman on a U.S. gold coin in April

Fri, 01/13/2017 - 20:04

And she's as beautiful as can be.

* * *

By Erin McCann
The New York Times
Friday, January 13, 2017

The United States Mint will release in April a commemorative gold coin that will feature Lady Liberty as a black woman, marking the first time that she has been depicted as anything other than white on the nation’s currency.

The coin, with a $100 face value, will commemorate the 225th anniversary of the Mint's coin production, the Mint and the Treasury Department announced on Thursday. Going on sale April 6, it will be 24-karat and weigh about an ounce.

It is part of a series of commemorative coins that will be released every two years. Future ones will show Lady Liberty as Asian, Hispanic, and Indian "to reflect the cultural and ethnic diversity of the United States," the Mint said in a statement. ...

... For the remainder of the report:

https://www.nytimes.com/2017/01/13/us/black-lady-liberty-us-coin.html

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Sandspring Resources Commences 2016 Exploration Campaign

Company Announcement
August 17, 2016

Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America.

In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization.

For the remainder of the announcement and highlights of the 2015 drill program:

https://finance.yahoo.com/news/sandspring-resources-commences-2016-explo...

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 22 and 23, 2017
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
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Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
Acapulco, Mexico
http://tdvinvestmentsummit.com

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

http://www.gata.org/node/16

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