You are here

Daily Dispatches

Hathaway sees gold in 'give-up phase' just before a big rally

Section: Daily Dispatches

8:12p ET Thursday, February 14, 2013

Dear Friend of GATA and Gold:

Gold council sees central bank bullion buying at 48-year high

Section: Daily Dispatches

By Nicholas Larkin
Bloomberg News
Thursday, February 14, 2013

http://www.bloomberg.com/news/2013-02-14/gold-council-sees-central-bank-...

LONDON -- Central banks added the most gold to reserves in almost a half century last year as prices averaged a record, the World Gold Council said.

But just how is the 'strong dollar' policy implemented, except by suppressing gold?

Section: Daily Dispatches

Nobody in political authority or journalism ever asks.

* * *

Obama's Treasury Pick Says He Supports Strong U.S. Dollar

From Reuters
Wednesday, February 13, 2013

http://www.reuters.com/article/2013/02/13/us-usa-congress-lew-dollar-idU...

World Gold Council to teach central bankers how to trade gold

Section: Daily Dispatches

10:44a ET Wednesday, February 13, 2013

Dear Friend of GATA and Gold:

Central bankers will be taught how to trade gold at a three-day seminar on "gold reserves management" to be held in March at the University of California at Berkeley and co-sponsored by the World Gold Council.

Inflation is a function of diminishing demand for currency, Turk reminds

Section: Daily Dispatches

12:02p ET Tuesday, February 12, 2013

Dear Friend of GATA and Gold:

Interviewed today by King World News, GoldMoney founder and GATA consultant James Turk emphasizes a point he often has made: that inflation is in large part a function of diminishing demand for currency as well as increasing supply.

No markets are real, von Greyerz tells King World News

Section: Daily Dispatches

10:50a ET Tuesday, February 12, 2013

Dear Friend of GATA and Gold:

G7 nations pledge to coordinate their currency market rigging

Section: Daily Dispatches

They say they want markets to value currencies but warn against "excessive volatility and disorderly movements in exchange rates" and pledge "to continue to consult closely on exchange markets and cooperate as appropriate." That is, they will let markets work except when markets become inconveniently "excessive" and "disorderly" and then they will coordinate their market rigging.

U.S. gold is being exported to Asia, especially Hong Kong

Section: Daily Dispatches

U.S. Gold Bars and Coins Find New Home Overseas on Asian Demand

By Frank Tang
Reuters
Monday, February 11, 2013

http://www.reuters.com/article/2013/02/11/usa-gold-export-idUSL1N0BB9CO2...

NEW YORK -- Booming demand for gold as a store of wealth among Asian investors is driving physical gold bars and coins out of the United States and into Asia.

LBMA trader brushes off today's attack on gold

Section: Daily Dispatches

4:21p ET Monday, February 11, 2013

Dear Friend of GATA and Gold:

Bull Market Thinking's Tekoa da Silva interviews a London gold trader about today's attack on gold and he brushes it off as exploitation of a brief interruption of physical demand. The interview is headlined "LBMA Trader: 'This Is Just Smart Money Pushing Gold To The Extremes'" and it's posted at Bull Market Thinking here:

Pages