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Daily Dispatches
LME said to be in talks with banks to list London gold contracts
Submitted by cpowell on Fri, 2016-01-22 13:57 Section: Daily DispatchesBy Eddie van der Walt and Agnieszka De Sousa
Bloomberg News
Friday, January 22, 2016
The London Metal Exchange is in talks with the World Gold Council and five banks about the possibility of introducing futures contracts on gold and standardized central clearing, according to two people familiar with the matter.
Saudi Arabia's secret holdings of U.S. debt are suddenly a big deal
Submitted by cpowell on Fri, 2016-01-22 08:37 Section: Daily DispatchesBy Andrea Wong and Liz McCormick
Bloomberg News
Friday, January 22, 2016
It's a secret of the vast U.S. Treasury market, a holdover from an age of oil shortages and mighty petrodollars: Just how much of America's debt does Saudi Arabia own?
Indian gold paperization scheme is failing so govt. boosts subsidy to banks
Submitted by cpowell on Fri, 2016-01-22 08:29 Section: Daily DispatchesBanks to Get Commission for Unlocking Household Gold, RBI Says
By Rajendra Jadhav
Reuters
Friday, January 22, 2016
MUMBAI -- The government will pay banks a 2.5 percent commission to unlock the country's massive stash of gold under a new monetization scheme, the Reserve Bank of India said, as the ambitious plan received a poor response from banks and customers.
Alasdair Macleod: Out of the mouths of babes. ...
Submitted by cpowell on Thu, 2016-01-21 14:59 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, January 21, 2016
Parents will tell you the most difficult questions to answer sometimes come from their children.
China vice president vows to 'look after' stock market investors
Submitted by cpowell on Thu, 2016-01-21 14:42 Section: Daily DispatchesBy John Micklethwait and John Fraher
Bloomberg News
Thursday, January 21, 2016
China is willing to keep intervening in the stock market to make sure that a few speculators don't benefit at the expense of regular investors, China's vice president said in an interview.
Koos Jansen: In China everyone can buy gold at the Shanghai exchange
Submitted by cpowell on Thu, 2016-01-21 14:34 Section: Daily Dispatches2:34p ET Thursday, January 21, 2016
Dear Friend of GATA and Gold:
Ronan Manly: As Deutsche Bank exits London gold, Chinese bank enters
Submitted by cpowell on Thu, 2016-01-21 14:19 Section: Daily Dispatches2:18p ET Thursday, January 21, 2016
Dear Friend of GATA and Gold:
Miles Franklin bullion shop's Schectman, Hoffman hold seminar in Colo. on Jan. 28
Submitted by cpowell on Thu, 2016-01-21 13:55 Section: Daily Dispatches1:52p ET Thursday, January 21, 2016
Dear Friend of GATA and Gold:
Celebrating their 27th year in the monetary metals business, GATA's supporters at the Miles Franklin bullion shop in Minnesota are planning to travel around the United States making free presentations about the monetary functions of gold and silver.
Jim Sinclair's next seminar to be held in Tampa on Feb. 20
Submitted by cpowell on Wed, 2016-01-20 16:53 Section: Daily Dispatches4:50p ET Wednesday, January 20, 2016
Dear Friend of GATA and Gold:
Market analyst and gold entrepreneur Jim Sinclair plans to hold his next question-and-answer seminar in Tampa, Florida, on Saturday, February 20. Details are posted at his Internet site, J.S. MineSet, here:
http://www.jsmineset.com/2016/01/19/tampa-florida-qa-session-announced/
CHRIS POWELL, Secretary/Treasurer
Fears of global liquidity crunch haunt Davos elites
Submitted by cpowell on Wed, 2016-01-20 15:05 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, January 20, 2016
The International Monetary Fund is increasingly alarmed by signs that market liquidity is drying up and may trigger an even more violent global sell-off if investors rush for the exits at the same time.