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Daily Dispatches

BRICs and South Africa move to unseat dollar as trade currency

Section: Daily Dispatches

By Thandeka Gqubule and Andile Ntingi
City Press, Johannesburg, South Africa
Sunday, March 25, 2012

http://www.citypress.co.za/Business/News/Brics-move-to-unseat-US-dollar-...

South Africa this week will take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies.

Zero Hedge: Can gold-plated tungsten be rehypothecated too?

Section: Daily Dispatches

10p ET Saturday, March 24, 2012

Dear Friend of GATA and Gold:

Zero Hedge tonight reports on another documented case of a tungsten-loaded gold bar and, unlike mainstream gold market analysts, grasps the crucial underlying point:

Alasdair Macleod: Asia's golden future

Section: Daily Dispatches

9:55a ET Saturday, March 24, 2012

Dear Friend of GATA and Gold:

In his new essay at GoldMoney, economist and former banker Alasdair Macleod lays out "Asia's Golden Future," the development of a trade-settlement currency system allowing the continent to escape the West's system. It's posted here:

http://www.goldmoney.com/gold-research/alasdair-macleod/asias-golden-fut...

James Turk: Chinese gold imports will keep increasing

Section: Daily Dispatches

8:57p ET Friday, March 23, 2012

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk writes that China's influence on the gold market is exploding because its domestic mine production can no longer meet domestic demand, and this influence will be bullish. Turk's commentary is headlined "Chinese Gold Imports Will Keep Increasing" and it's posted at GoldMoney here:

Hong Kong exchange to launch yuan-settled gold, copper futures

Section: Daily Dispatches

By Ruby Lian and Fayen Wong
Reuters
Friday, March 23, 2012

http://www.reuters.com/article/2012/03/23/hkmex-futures-idUSL3E8EN2BL201...

SHANGHAI -- The Hong Kong Mercantile Exchange plans to launch yuan-settled gold and copper futures by July, its president said on Friday, as it looks to tap growing interest in commodities from Chinese investors.

Ben Traynor: Gunning for gold

Section: Daily Dispatches

4:41p ET Friday, March 23, 2012

Dear Friend of GATA and Gold:

Ben Traynor of Bullion Vault elaborates on Turkey, India, and Vietnam, three countries whose government don't mind acknowledging that they have a big problem with freely trading gold, a competitive currency. Traynor's commentary is headlined "Gunning for Gold" and it's posted at GoldSeek here:

High-frequency trading distorts commodity prices, study says

Section: Daily Dispatches

By Emma Farge
Reuters
Wednesday, March 21, 2012

http://uk.reuters.com/article/2012/03/21/idUKL6E8EL80I20120321

GENEVA, Switzerland -- High-frequency traders have caused U.S. commodity futures prices to disconnect from market fundamentals of supply and demand since the 2008 financial crisis, according to one of the authors of a forthcoming U.N. report.

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