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May 16, 2018

China's holdings of U.S. Treasuries rise to a 5-month high / LBMA suspends Russian precious metals refinery from 'good delivery' lists / As currency crisis worsens, Iranians invest in gold - May 16, 2018 GATA THE GATA DISPATCH.

This digest includes 3 new articles:

China's holdings of U.S. Treasuries rise to a 5-month high

Submitted by cpowell on 10:24PM ET Tuesday, May 15, 2018
By Brendan Murray
Bloomberg News
Tuesday, May 15, 2018
China's holdings of Treasuries rose to a five-month high in March, underscoring the allure of U.S. government debt even amid trade tensions between the world's two largest economies.

LBMA suspends Russian precious metals refinery from 'good delivery' lists

Submitted by cpowell on 11:44PM ET Tuesday, May 15, 2018
By Peter Hobson
Reuters
Tuesday, May 15, 2018
LONDON -- The London Bullion Market Association said today it had suspended the Ekaterinburg Non-Ferrous Metals Processing Plant from its gold and silver good delivery lists due to "ownership-related issues."

As currency crisis worsens, Iranians invest in gold

Submitted by cpowell on 08:27PM ET Wednesday, May 16, 2018
From Radio Farda, Washington
(Radio Free Europe / Radio Liberty)
Wednesday, May 16, 2018
Iranians are reportedly investing in gold after the Central Bank of Iran last week issued strict limits on the amount of foreign currency travelers can take out of the country amid a deepening currency crisis.