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Daily Dispatches
Inflation-wracked Venezuela orders bank notes by the planeload
Submitted by cpowell on Fri, 2016-02-05 00:05 Section: Daily DispatchesBy Kejal Vyas
Dow Jones News Service
via Morningstar, Chicago, Illinois
Wednesday, February 3, 2016
CARACAS, Venezuela -- Millions of pounds of provisions, stuffed into three-dozen 747 cargo planes, arrived here from countries around the world in recent months to service Venezuela's crippled economy.
Ambrose Evans-Pritchard: Dollar tumbles as Fed rescues China in the nick of time
Submitted by cpowell on Thu, 2016-02-04 20:33 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, February 4, 2016
The US dollar has suffered one of the sharpest drops in 20 years as the Federal Reserve signals a retreat from monetary tightening, igniting a powerful rally for commodities and easing a ferocious squeeze on dollar debtors in China and emerging markets.
London gold market wrestles over future: 'People want the physical, not paper'
Submitted by cpowell on Thu, 2016-02-04 08:35 Section: Daily DispatchesBy Henry Sanderson
Financial Times, London
Thursday, February 4, 2016
http://www.ft.com/intl/cms/s/0/a4390aba-c9d4-11e5-a8ef-ea66e967dd44.html
There aren't many places in the UK where you can walk in off the street and buy gold as a retail customer. A new store in London's St James's Street a stone's throw from the Ritz wants shoppers.
USA Watchdog's Greg Hunter interviews Hugo Salinas Price on gold revaluation
Submitted by cpowell on Wed, 2016-02-03 20:55 Section: Daily Dispatches8:54p ET Wednesday, February 3, 2016
Dear Friend of GATA and Gold:
NY Fed prez hints it's one-and-done for interest rate hikes
Submitted by cpowell on Wed, 2016-02-03 19:57 Section: Daily DispatchesDudley Flags Tight Conditions Ahead of Fed Meeting
Sam Fleming and Robin Wigglesworth
Financial Times, London
Wednesday, February 3, 2016
Global financial conditions have tightened markedly since the Federal Reserve lifted interest rates in December and the central bank will have to take that into account if the situation persists into March, the president of the New York Fed has said.
Gold figures heavily in Lars Schall's tremendous interview with Ronnie Stoeferle
Submitted by cpowell on Wed, 2016-02-03 19:51 Section: Daily Dispatches7:50p ET Wednesday, February 3, 2016
Dear Friend of GATA and Gold:
Japanese central banker claims omnipotence for devaluing currency
Submitted by cpowell on Wed, 2016-02-03 10:15 Section: Daily DispatchesGo, Haruhiko, go!
* * *
'No Limit' to Japan Easing, Says Kuroda
By Robin Harding
Financial Times, London
Wednesday, February 3, 2016
TOYKO -- Haruhiko Kuroda said there was "no limit" to monetary easing as he vowed to slash Japanese interest rates deeper into negative territory if necessary.
China's gold production falls as demand rises
Submitted by cpowell on Wed, 2016-02-03 08:37 Section: Daily DispatchesChina 2015 Gold Output Dips 0.4%, Consumption Rises
By David Stanway
Reuters
Wednesday, February 3, 2016
China, the world's top gold miner and consumer, produced 450.05 tonnes of the precious metal in 2015, down 0.4 percent from a year earlier, the country's gold industry body said today.
TF Metals Report: Connecting the Comex dots
Submitted by cpowell on Tue, 2016-02-02 19:20 Section: Daily Dispatches7:20p ET Tuesday, February 2, 2016
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today finds what seems like confirmation that Comex gold deliveries are just metal passed back and forth among the same bullion banks -- a charade. Ferguson's commentary is headlined "Connecting the Comex Dots" and it's posted at the TF Metals Report here:
Bron Suchecki: Would you risk going to jail to fix the fix?
Submitted by cpowell on Tue, 2016-02-02 12:28 Section: Daily Dispatches12:27p ET Tuesday, February 2, 2016
Dear Friend of GATA and Gold: