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Daily Dispatches
India's gold imports jump three-fold from April to August
Submitted by cpowell on Sun, 2017-09-17 10:33 Section: Daily DispatchesFrom the Press Trust of India
via The Times of India, Mumbai
Sunday, September 17, 2017
The country's gold imports recorded a three-fold jump to $15.24 billion during the April-August period of the current fiscal period, commerce ministry data showed.
Gold imports, which have a bearing on the country's current account deficit, stood at $5.08 billion from April to August 2016-17.
Bullion Star: Gold demand within the Chinese gold market
Submitted by cpowell on Sun, 2017-09-17 10:02 Section: Daily Dispatches10a ET Sunday, September 15, 2017
Dear Friend of GATA and Gold:
Bullion Star this week presents a primer on gold demand in China, arguing that it is far larger than the demand calculated by the World Gold Council. Bullion Star's report is headlined "Gold Demand within the Chinese Gold Market" and it's posted here:
Doug Pollitt: What crypto-euphoria says about gold
Submitted by cpowell on Sun, 2017-09-17 09:50 Section: Daily Dispatches9:48a ET Sunday, September 17, 2017
Dear Friend of GATA and Gold:
In his September market letter, Doug Pollitt of Pollitt & Co. in Toronto identifies bitcoin's weaknesses and concludes that the crypto-currency is useful mainly for speculation even as it indicates the growing madness of the world financial system.
Kranzler scoffs at Kitco's interview with CPM Group's Christian
Submitted by cpowell on Fri, 2017-09-15 14:12 Section: Daily Dispatches2:10p ET Friday, September 15, 2017
Dear Friend of GATA and Gold:
Noah Smith: Digital currencies won't kill the dollar but still may change the world
Submitted by cpowell on Fri, 2017-09-15 09:23 Section: Daily DispatchesBy Noah Smith
Bloomberg News
Friday, September 15, 2017
Jamie Dimon, the CEO of JPMorgan Chase & Co., recently slammed bitcoin in no uncertain terms: It "won't end well," he said, calling the cryptocurrency a "fraud" and "worse than tulip bulbs."
Mexican Congress discusses monetization of Libertad silver ounce coin
Submitted by cpowell on Thu, 2017-09-14 21:03 Section: Daily Dispatches9p ET Thursday, September 14, 2017
Dear Friend of GATA and Gold:
Daily Coin interviews GATA secretary on what he thinks he has learned
Submitted by cpowell on Thu, 2017-09-14 19:19 Section: Daily Dispatches7:20p ET Thursday, September 14, 2017
Dear Friend of GATA and Gold:
Hugo Salinas Price: Bitcoin is a chapter in the history of mass speculation
Submitted by cpowell on Thu, 2017-09-14 18:41 Section: Daily Dispatches6:41p ET Thursday, September 14, 2017
Dear Friend of GATA and Gold:
Alasdair Macloud: Outlook for the dollar price of gold
Submitted by cpowell on Thu, 2017-09-14 13:59 Section: Daily Dispatches2p ET Thursday, September 14, 2017
Dear Friend of GATA and Gold:
David Morgan: China's gold-oil link, debt ceiling repeal will boost metals
Submitted by cpowell on Thu, 2017-09-14 11:51 Section: Daily Dispatches11:50a ET Thursday, September 14, 2017
Dear Friend of GATA and Gold:
Market analyst David Morgan of Silver-Investor.com thinks that the monetary metals will be strengthened by any linkage by China of gold and oil trading, as well as by the increasing possibility of repeal of the U.S. government's debt limit. Morgan's comments come in his 10-minute weekly audio review here: