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Daily Dispatches
No limits to central banking, ECB president declares
Submitted by cpowell on Fri, 2015-12-04 16:53 Section: Daily DispatchesSo tell us something we don't know.
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'There Cannot Be a Limit' to Stimulus, Says ECB President Mario Draghi
By Agence France-Presse
via The Telegraph, London
Friday, December 4, 2015
Mario Draghi has said the European Central Bank would intensify efforts to support the eurozone economy and boost inflation toward its 2-percent goal if necessary.
The mystery of the mayor's chain and its missing gold links
Submitted by cpowell on Fri, 2015-12-04 16:37 Section: Daily DispatchesAnother indication that while politicians inflate the money away they spirit the gold away.
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By Patrick Sawer
The Telegraph, London
Friday, December 4, 2015
It is an artifact that traditionally denotes the weighty responsibility of office and the recognition bestowed upon its holder by a town's citizens.
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.
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