You are here
Daily Dispatches
Standard Bank says physical gold purchases unusually high
Submitted by cpowell on Wed, 2013-01-23 02:32 Section: Daily DispatchesBy Nicholas Larkin
Bloomberg News
Wednesday, January 23, 2013
http://www.bloomberg.com/news/2013-01-23/standard-bank-says-physical-gol...
LONDON -- Physical gold demand has been unusually strong for this time of year, with "good buying" from Southeast Asia, according to Standard Bank Plc.
Bundesbank chief warns that central banks are being pushed into currency war
Submitted by cpowell on Wed, 2013-01-23 02:11 Section: Daily DispatchesECB's Weidmann: Pressure on Central Banks Risks FX Competition
From Reuters
Tuesday, January 22, 2013
http://www.reuters.com/article/2013/01/21/ecb-weidmann-currency-idUSL6N0...
Bundesbank's gold repatriation is 'world historical,' Rickards says
Submitted by cpowell on Wed, 2013-01-23 01:36 Section: Daily Dispatches10:35p PT Tuesday, January 22, 2013
Dear Friend of GATA and Gold:
Silver's breakout will unleash the other metals, Embry tells King World News
Submitted by cpowell on Tue, 2013-01-22 18:35 Section: Daily Dispatches3:34p PT Tuesday, January 22, 2013
Dear Friend of GATA and Gold (and Silver):
Interviewed today by King World News, Sprott Asset Management's John Embry predicts that silver's price explosion will unleash all the precious metals from the domination of the paper markets. An excerpt from the interview is posted at the King World News blog here:
China can debate market rigging even as West can't
Submitted by cpowell on Tue, 2013-01-22 12:12 Section: Daily DispatchesCSRC's Guo Says Stock Intervention Needed at Times, Xinhua Says
By Weiyi Lim
Bloomberg News
Tuesday, January 22, 2013
http://www.bloomberg.com/news/2013-01-22/csrc-s-guo-says-stock-intervene...
Wall Street's diversionary propaganda; and gold mine production's irrelevance
Submitted by cpowell on Tue, 2013-01-22 12:04 Section: Daily Dispatches8:55a PT Tuesday, January 22, 2013
Dear Friend of GATA and Gold:
Writing at the Underground Investor, J.S. Kim details and denounces the propagranda from Wall Street that diverts investors from the one asset that protects them, the monetary metals:
http://www.theundergroundinvestor.com/2013/01/the-one-chart-that-explain...
Sweden's central bank keeps most of its gold abroad without audit
Submitted by cpowell on Mon, 2013-01-21 17:32 Section: Daily Dispatches2:24p Monday, January 21, 2013
Dear Friend of GATA and Gold:
GoldCore's Mark O'Byrne reports today that Sweden's central bank, the Riksbank, has acknowledged that most of its gold reserves are vaulted at central banks abroad and that the bank undertakes no physical audit of them, instead relying on those other central banks to assure proper custody.
Pacific Group to convert a third of hedge-fund assets to gold
Submitted by cpowell on Mon, 2013-01-21 17:18 Section: Daily DispatchesBy Bei Hu
From Bloomberg News
Monday, January 20, 2013
http://www.bloomberg.com/news/2013-01-21/pacific-group-to-convert-one-th...
The Pacific Group Ltd., founded by a former PaineWebber Inc. trader, is converting one-third of its hedge-fund assets into physical gold, betting that prices will go up as governments print more money to pay off debt.
India raises gold import tax but it's unlikely to deter buyers
Submitted by cpowell on Mon, 2013-01-21 17:07 Section: Daily DispatchesBy Arup Roychoudhury and Siddesh Mayenkar
Reuters
Tuesday, January 22, 2013
http://in.reuters.com/article/2013/01/21/gold-india-import-duty-idINDEE9...
NEW DELHI -- The government has raised the import tax on gold by 2 percentage points to 6 percent to curb purchases and rein in a ballooning fiscal deficit but industry officials expect only a moderate drop in demand.
Turk at Future Money Trends, Norcini at King World News
Submitted by cpowell on Sun, 2013-01-20 17:16 Section: Daily Dispatches2:15p PT Sunday, January 20, 2013
Dear Friend of GATA and Gold:
GoldMoney founder James Turk is interviewed for 20 minutes today by Dan Ameduri of Future Money Trends about the outlook for 2013 in the monetary metals. Audio is posted at Future Money Trends here:
http://www.futuremoneytrends.com/index.php/interviews/389-james-turk-gol...
Pages
