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Daily Dispatches
Morgan Stanley warns currency traders that worst is still to come for dollar
Submitted by cpowell on Sat, 2016-07-30 09:50 Section: Daily DispatchesBy Rebecca Spalding
Bloomberg News
Saturday, July 30, 2016
The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn't raising interest rates any time soon, and U.S. economic data is only going to get worse.
BMG Bullion's White cites Australian study of gold price suppression
Submitted by cpowell on Sat, 2016-07-30 09:05 Section: Daily Dispatches9:04a ET Saturday, July 30, 2016
Dear Friend of GATA and Gold:
Institutions will start buying miners, fund adviser Belkin tells KWN
Submitted by cpowell on Fri, 2016-07-29 15:50 Section: Daily Dispatches3:45p ET Friday, July 29, 2016
Dear Friend of GATA and Gold:
Gold bargains gone as Sibanye sees few chances for a deal
Submitted by cpowell on Fri, 2016-07-29 08:20 Section: Daily DispatchesBy Kevin Crowley
Bloomberg News
Friday, July 29, 2016
The gold market shot up so fast that opportunities to make a big acquisition are now scarce, according to Sibanye Gold Ltd.
Ronan Manly: Executives keep fleeing GLD
Submitted by cpowell on Fri, 2016-07-29 08:16 Section: Daily DispatchesBy Ronan Manly
BullionStar.com, Singapore
Friday, July 29, 2016
IMF admits disastrous love affair with euro, apologizes for immolating Greece
Submitted by cpowell on Thu, 2016-07-28 21:50 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, July 28, 2016
The International Monetary Fund's top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory.
Barrick puts Super Pit stake on the market
Submitted by cpowell on Thu, 2016-07-28 20:56 Section: Daily DispatchesBy Nick Evans
The West Australian, Perth
Thursday, July 28, 2016
Barrick Gold has put on the market its half of Kalgoorlie's iconic Super Pit gold mine, finally confirming it intends to complete its exit from Australia.
Joe Weisenthal: How Donald Trump changed my mind about gold
Submitted by cpowell on Thu, 2016-07-28 16:29 Section: Daily DispatchesBy Joe Weisenthal
Bloomberg News
Thursday, July 28, 2016
If you poke around on the internet, you'll find a lot of people who have criticized me for being a "gold hater." Here are two different pieces that took me just a few seconds to find:
http://www.bullionbaron.com/2015/08/the-religion-of-gold-hating.html
There are plenty of tweets out there saying the same thing.
TD's $230 billion man goes maximum gold as volatility mounts
Submitted by cpowell on Thu, 2016-07-28 10:33 Section: Daily DispatchesBy Eric Lam and Allison McNeely
Bloomberg News
Thursday, July 28, 2016
In a world flush with central bank stimulus and swirling with volatility, Bruce Cooper is pushing for the one asset he says he can count on: gold.
DRD Gold CEO sees metal shortage as 'paper gold' increases
Submitted by cpowell on Wed, 2016-07-27 16:17 Section: Daily Dispatches4:16p ET Wednesday, July 27, 2016
Dear Friend of GATA and Gold:
Mining Weekly this week quotes DRD Gold CEO Niel Pretorius as recognizing a growing problem with "paper gold," with the supply expanding while gold production declines.
"There's a shortage of real gold to cover the paper gold position that's out there," Pretorius says.
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