Daily Dispatches

Indian trade deficit widens as gold imports surge 176%

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By Unni Krishnan
Bloomberg News
Monday, September 15, 2014

NEW DELHI, India -- India's trade deficit widened in August from a year earlier as imports of gold surged 176 percent after policy makers eased shipment curbs.

Fed could trigger reversals in stocks and gold this week, Turk says

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8:05p ET Monday, September 15, 2014

Dear Friend of GATA and Gold:

Stocks are overvalued and hard assets undervalued, GoldMoney founder and GATA consultant James Turk tells King World News today, adding that he would expect reversals if the Federal Reserve this week persists in reducing its bond monetization. An excerpt from the interview is posted at the KWN blog here:

Chinese news agency says UK sees RMB as potentially 'main reserve currency'

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2:27p ET Monday, September 15, 2014

Dear Friend of GATA and Gold:

While it is not included in the mainstream financial news agency reports about the United Kingdom Treasury Department's plan to issue bonds denominated in Chinese currency --

http://www.reuters.com/article/2014/09/12/britain-debt-renminbi-idUSL5N0...

Anxious Scottish investors have been buying gold

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By Richard Dyson
The Telegraph, London
Monday, September 15, 2014

Scottish investment in physical gold has surged by 42 percent in the past fortnight -- on top of the traditional rise in gold demand at this time of the year.

AngloGold Ashanti of South Africa abandons spinoff plans

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By Chad Bray
The New York Times
Monday, September 15, 2014

LONDON -- AngloGold Ashanti, one of the world's largest gold mining firms, said on Monday that it would abandon plans to spin off its international mining operations and raise $2.1 billion in new capital.

Share price divergence is what results when central banks buy only index futures

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Record S&P 500 Masks 47% of Nasdaq Mired in Bear Market

By Lu Wang and Joseph Ciolli
Bloomberg News
Monday, September 15, 2014

NEW YORK -- Beneath the U.S. stock market's record-setting gains, trouble is stirring.

At last some European gold that isn't on its way to China

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Diver Finds 2,750-year-old Gold Coin in Bulgaria

From the Sofia Globe
Sofia, Bulgaria
Tuesday, September 9, 2014

http://sofiaglobe.com/2014/09/09/diver-finds-2750-year-old-gold-coin-in-...

CME Group facilitates futures market manipulation, Steer tells Sprott Money News

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11:09a ET Monday, September 15, 2014

Dear Friend of GATA and Gold:

Ron Paul: Will the Swiss vote to get their gold back?

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5p ET Sunday, September 14, 2014

Dear Friend of GATA and Gold:

Former U.S. Rep. Ron Paul writes today that he hopes that the people of Switzerland vote to repatriate their gold when they hold a referendum on the issue on November 30.

Paul argues that approval of the proposal at referendum will repudiate the financial elites behind unlimited government. He writes:

Koos Jansen: China again buys the dip in gold and silver gets scarcer

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10:45a ET Sunday, September 14, 2014

Dear Friend of GATA and Gold:

Declining gold prices again have pushed demand up on the Shanghai Gold Exchange as China buys the dips, while silver inventories on the Shanghai Futures Exchange continue to fall, gold researcher and GATA consultant Koos Jansen reports today. His analysis is posted at Bullion Star here:

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