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Daily Dispatches
ISIS aspires to gold but uses U.S. dollar
Submitted by cpowell on Fri, 2015-12-04 16:31 Section: Daily DispatchesThe main currency of Middle Eastern terrorists comes out of Washington, not out of gold mines.
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ISIS Is Obsessed with Gold Currency
From Cable News Network, New York
Friday, December 4, 2015
The Islamic State is hellbent on world domination -- and a return to real gold coins.
Indian government insists gold paperization scheme is voluntary
Submitted by cpowell on Fri, 2015-12-04 16:23 Section: Daily DispatchesGold Monetisation Scheme Purely Voluntary, Indian Government Says
By the Press Trust of India
via The Times of India, Mumbai
Saturday, December 5, 2015
NEW DELHI, India -- The gold monetisation scheme is purely voluntary for individuals and institutions and they can make their own decision to monetise their gold, the Finance Ministry today clarified.
Alasdair Macleod: The Fed's in a bind
Submitted by cpowell on Thu, 2015-12-03 14:04 Section: Daily Dispatches2p ET Thursday, December 3, 2015
Dear Friend of GATA and Gold:
If the Federal Reserve really starts raising interest rates, ending decades of declining credit costs, it may prompt a vast change in world economic conditions, GoldMoney research director Alasdair Macleod writes today.
Goldman Sachs has plan for investment banks to issue their own currency
Submitted by cpowell on Thu, 2015-12-03 13:39 Section: Daily DispatchesGoldman Sachs Files Patent for Virtual Settlement Currency
By Jennifer Hughes
Financial Times, London
Thursday, December 3, 2015
Goldman Sachs has made a patent application for a cryptocurrency settlement system in a move that underlines bank hopes that the architecture behind bitcoin can revolutionise global payments.
India targets temple gold hoard to rescue monetization plan
Submitted by cpowell on Thu, 2015-12-03 13:28 Section: Daily DispatchesCall it "paperization."
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By Rajendra Jadhav and Krishna N. Das
Reuters
Thursday, December 3, 2015
India is trying to persuade rich temples to deposit some of their gold hoards with banks to revive a plan to recycle tonnes of the precious metal and cut gold imports, sources said.
Fed uses leaks to 'steer market expectations,' study finds
Submitted by cpowell on Wed, 2015-12-02 20:37 Section: Daily DispatchesUC Berkeley Professor, Research Team Find Evidence of Information Leaks by Fed
By Anderson Lanham
The Daily Californian
Berkeley, California
Monday, November 30, 2015
http://www.dailycal.org/2015/11/30/uc-berkeley-professor-research-team-f...
At London conference Tocqueville's Hathaway denounces Comex
Submitted by cpowell on Wed, 2015-12-02 10:47 Section: Daily Dispatches10:45a ET Wednesday, December 2, 2015
Dear Friend of GATA and Gold:
Reporting from the Mines and Money conference in London, Sharps Pixley's Lawrie Williams writes that the Tocqueville Gold Fund's John Hathaway denounced the New York Commodities Exchange's gold contract as "fiction -- a casino for paper gold."
Indian government official floats idea of national gold exchange
Submitted by cpowell on Wed, 2015-12-02 10:23 Section: Daily DispatchesAre the LBMA and the Comex not good enough for India too?
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By A. Ananthalakshmi and Rajendra Jadhav
Reuters
December 2, 2015
A senior Indian government official this week floated the idea of setting up a national gold exchange to overhaul physical trade in the world's second-biggest bullion market.
NOW they tell us: Ron Paul, Kitco's Cambone discuss gold market manipulation
Submitted by cpowell on Wed, 2015-12-02 00:36 Section: Daily Dispatches12:39a ET Tuesday, December 2, 2015
Dear Friend of GATA and Gold:
'Paper manipulation in the gold market has become a joke,' Ing tells KWN
Submitted by cpowell on Tue, 2015-12-01 21:59 Section: Daily Dispatches9:58p ET Tuesday, December 1, 2015
Dear Friend of GATA and Gold:
John Ing of market research organization Maison Placements in Toronto today tells King World News that China is purchasing huge amounts of gold and that "the ongoing paper manipulation in the gold market has become a joke." His interview is excerpted at KWN here:
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