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Daily Dispatches

Spectacular volatility in currencies means spectacular derivatives losses, Sprott says

Section: Daily Dispatches

2:10p ET Friday, February 6, 2015

Dear Friend of GATA and Gold:

Fund manager Eric Sprott tells King World News today that the spectacular volatility in currency markets must be causing spectacular losses in derivative instruments that will be defaulted upon. Another financial house collapse may be imminent, Sprott says. His interview is posted at the KWN blog here:

Alasdair Macleod: Sovereign bonds won't stay up forever

Section: Daily Dispatches

By Alasdair Macleod
Research Director, GoldMoney
Friday, February 6, 2015

Another central bank pledges 'whatever it takes'

Section: Daily Dispatches

Danish Central Bank Fiercely Defends Currency Peg

By Richard Milne
Financial Times, London
Friday, February 6, 2015

Denmark's central bank governor pledged to face down speculators testing its currency peg to the euro, saying he would do "whatever it takes" to defend it.

New York Sun: The Fed's right mind?

Section: Daily Dispatches

From the New York Sun
Friday, February 6, 2015

William Pesek: Is China preparing for currency war

Section: Daily Dispatches

By William Pesek
Bloomberg News
Friday, February 6, 2015

China has entered the global monetary-easing fray, along with more than a dozen other economies, after its central bank surprised investors by cutting reserve requirements 50 basis points to spur lending and combat deflation. But Beijing may be raring for an even bigger and more perilous fight -- in the currency markets.

Federal Reserve fires back at Rand Paul

Section: Daily Dispatches

By Kevin Cirilli
The Hill, Washington
Thursday, February 5, 2015

The Federal Reserve is lashing out at Sen. Rand Paul's plan to give Congress more oversight over the central bank, a proposal that could gain traction in the new Republican-led Congress.

Obituary and funeral details for Got Gold Report's Gene Arensberg

Section: Daily Dispatches

9:30p ET Thursday, February 5, 2015

Dear Friend of GATA and Gold:

Koos Jansen: Gold repatriation concerns in Belgium?

Section: Daily Dispatches

10:11a ET Thursday, February 5, 2015

Dear Friend of GATA and Gold:

Bullion Star market analyst and GATA consultant Koos Jansen today notes conflicting reports about gold reserve repatriation by Belgium. In any case, Jansen writes, central banks seem to be getting more concerned about the security of their foreign-vaulted gold. His commentary is posted at Bullion Star here:

Gold imports by India are said to surge this year as curbs are scrapped

Section: Daily Dispatches

By Vrishti Beniwal and Swansy Afonso
Bloomberg News
Wednesday, February 4, 2015

Gold imports by India, the world's second-biggest user, jumped in the first 10 months of this financial year as the government eased curbs on overseas purchases.

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