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Daily Dispatches
South Africa seems content to die obediently
Submitted by cpowell on Sun, 2013-07-07 10:59 Section: Daily Dispatches10:56a ET Sunday, July 7, 2013
Dear Friend of GATA and Gold:
Reuters reports today that 60 percent of the gold mining industry in South Africa is now estimated to be unprofitable:
http://www.reuters.com/article/2013/07/07/us-safrica-gold-decline-analys...
Jobs report was a disaster piled atop a lot of others, von Greyerz says
Submitted by cpowell on Fri, 2013-07-05 16:03 Section: Daily Dispatches4p ET Friday, July 5, 2013
Dear Friend of GATA and Gold:
Toronto reviews bid to become yuan currency trading hub
Submitted by cpowell on Fri, 2013-07-05 12:00 Section: Daily DispatchesBy Ari Altstedter
Bloomberg News
Friday, July 5, 2013
http://www.bloomberg.com/news/2013-07-04/toronto-reviews-bid-to-become-y...
TORONTO -- Canada's banks are considering a plan to make Toronto the first North American trading hub for China's yuan, joining a global race for a share of trading in the currency of the world's second-largest economy.
Ted Butler: The new law of supply and demand
Submitted by cpowell on Fri, 2013-07-05 11:41 Section: Daily Dispatches11:46a ET Friday, July 5, 2013
Dear Friend of GATA and Gold:
QEternity for Europe and UK
Submitted by cpowell on Thu, 2013-07-04 11:31 Section: Daily DispatchesDraghi Says ECB Rate to Stay Low for 'Extended Period'
By Simon Kennedy and Jana Randow
Bloomberg News
Thursday, July 4, 2013
http://www.bloomberg.com/news/2013-07-04/draghi-says-ecb-rate-to-stay-lo...
Gold sales tumble at Perth Mint after rout deters buyers
Submitted by cpowell on Thu, 2013-07-04 11:04 Section: Daily DispatchesBy Phoebe Sedgman
Bloomberg News
Thursday, July 4, 2013
http://www.bloomberg.com/news/2013-07-04/gold-sales-slump-at-australia-s...
MELBOURNE, Australia -- Gold sales from Australia's Perth Mint, which refines nearly all of the bullion mined in the country, declined for a second month in June as prices extended a bear-market slump, deterring buyers.
Huge premium on gold in India as government tries to destroy the industry
Submitted by cpowell on Wed, 2013-07-03 14:25 Section: Daily DispatchesGold at a Huge Premium as Imports Dry Up;
Survival of Small Jewellers at Stake
By Sutanuka Ghosal
The Times of India, Mumbai
Wednesday, July 3, 2013
http://economictimes.indiatimes.com/markets/commodities/gold-at-a-huge-p...
Jan Skoyles: London gold market is too secret to judge its reliability
Submitted by cpowell on Wed, 2013-07-03 13:49 Section: Daily Dispatches1:40p ET Wednesday, July 3, 2013
Dear Friend of GATA and Gold:
Stoeferle stresses that gold production has little effect on price
Submitted by cpowell on Wed, 2013-07-03 13:35 Section: Daily Dispatches1:30p ET Wednesday, July 3, 2013
Dear Friend of GATA and Gold:
Elaborating on his seventh annual "In Gold We Trust" report on the gold market --
http://www.incrementum.li/research-analysis/in-gold-we-trust-2013/
Mark Mahaffey: Where has all the gold gone?
Submitted by cpowell on Wed, 2013-07-03 13:03 Section: Daily Dispatches1p ET Wednesday, July 3, 2013
Dear Friend of GATA and Gold:
Hinde Capital's co-founder and chief financial officer, Mark Mahaffey, writes today that the World Gold Council's new metric for calculating gold mining costs --
http://www.gold.org/media/press_releases/archive/2013/06/guidance_note_o...