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Tanzanian Government Accuses Acacia of Mining Gold Illegally
Gold Silver Reports — Tanzania’s government accused Acacia Mining Plc of operating illegally in the East African country and said mining companies have been evading taxes. Acacia’s shares slumped.
America Health-Care Crisis Is a Gold Mine for Crowdfunding
Gold Silver Reports — America Health-Care Crisis Is a Gold Mine for Crowdfunding — Crowdfunding platforms such as GoFundMe and YouCaring have turned sympathy for Americans drowning in medical expenses into a cottage industry. Now Republican efforts in Congress to repeal and replace Obamacare could swell the ranks of the uninsured and spur the business of helping people raise donations online to pay for health care.
China’s Gold Imports Seen Jumping 50% as Haven Demand Booms
Gold Silver Reports — China, the world’s biggest gold market, may boost imports through Hong Kong by about half this year as local investors seek to protect their wealth from currency risks, a slowing property market and volatile stocks, according to the Chinese Gold & Silver Exchange Society.
Jewelers Rally as India Sets Gold Tax That’s Lower Than Expected
Gold Silver Reports — Shares of jewelers climbed in India after the government set the rate for gold under the uniform goods and services tax below expectations, signaling a potential recovery in demand in the world’s second-largest market.
ExtraTorrent Has Shut Down Permanently
Gold Silver Reports — Popular torrent index ExtraTorrent – second only to The Pirate Bay in terms of visitors – has shut down for good, after an extended period of downtime earlier in the week. In an announcement made on the site’s homepage, it said:
U.S. Strikes Syria After Gas Attack, Raising Russia Stakes
Gold Silver Reports — The U.S. launched dozens of missiles at Syria after accusing the regime of Bashar al-Assad, a Russian ally, of killing scores of civilians with poison gas, an act President Donald Trump called “an affront to humanity.”