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Daily Dispatches
Too much government messing with markets always causes shortages or rationing
Submitted by cpowell on Mon, 2015-01-19 12:23 Section: Daily DispatchesWhat the Tampon Rumpus Says About Troubled Argentina
By Sarah Marsh
Reuters
Friday, January 16, 2015
BUENOS AIRES, Argentina -- Argentines have been complaining for a while now about the country's product shortages. And until recently the government has managed to brush aside such protests, which have centered around Argentina's import restrictions.
Axel Merk: Are central banks a destabilizing force?
Submitted by cpowell on Mon, 2015-01-19 11:53 Section: Daily DispatchesHow the hell did something this sensible get into the Financial Times?
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By Axel Merk
Financial Times, London
Monday, January 19, 2015
http://www.ft.com/intl/cms/s/0/5556dbf4-9f0d-11e4-ba25-00144feab7de.html
Danish central bank swears it won't break euro peg either
Submitted by cpowell on Mon, 2015-01-19 11:41 Section: Daily DispatchesDenmark Says It Has Tools to Defend Euro Peg After Surprise Cut
By Peter Levring and Frances Schwartzkopff
Bloomberg News
Monday, January 19, 2015
COPENHAGEN, Denmark -- Denmark today sought to quash speculation it may follow Switzerland and abandon its euro peg, delivering a surprise interest-rate cut to prevent the krone gaining further.
Repatriation advocate Boehringer to Bundesbank: Where's proof that gold is back?
Submitted by cpowell on Mon, 2015-01-19 08:48 Section: Daily Dispatches8:48a ET Monday, January 19, 2015
Dear Friend of GATA and Gold:
Goldcorp pays 49% premium to acquire Probe Mines
Submitted by cpowell on Mon, 2015-01-19 08:36 Section: Daily DispatchesGoldcorp Expands Porcupine District with Acquisition of Probe Mines Ltd.
Company Press Release
via PR Newswire and Yahoo Finance
Monday, January 19, 2015
Koos Jansen: Slow pace of Bundesbank's gold repatriation remains unexplained
Submitted by cpowell on Mon, 2015-01-19 08:24 Section: Daily Dispatches8:22a ET Monday, January 18, 2015
Dear Friend of GATA and Gold:
Bundesbank says it has hastened Germany's gold repatriation
Submitted by cpowell on Mon, 2015-01-19 08:09 Section: Daily DispatchesFrom Agence France-Press
via Yahoo News
Monday, January 19, 2015
http://news.yahoo.com/germany-repatriates-more-gold-bundesbank-100251153...
FRANKFURT, Germany -- The German central bank, the Bundesbank, said today that it stepped up the repatriation of its gold reserves from overseas storage last year.
Mike Kosares: Swiss treachery shows gold can be pretty good insurance
Submitted by cpowell on Sun, 2015-01-18 17:18 Section: Daily Dispatches5:15p ET Sunday, January 18, 2015
Dear Friend of GATA and Gold:
Losses incurred by big investment houses and their clients for betting on the integrity of the Swiss Natinal Bank may be big enough to cause a financial crisis, Mike Kosares of USAGold in Denver writes today.
GATA will make presentations in March in Singapore and Hong Kong
Submitted by cpowell on Sun, 2015-01-18 11:50 Section: Daily Dispatches12:03p ET Sunday, January 18, 2015
Dear Friend of GATA and Gold:
Your secretary/treasurer will speak at financial conferences in Singapore and Hong Kong in March.
Swiss lose battle in currency war, which could spread
Submitted by cpowell on Sun, 2015-01-18 11:31 Section: Daily DispatchesBy Aurelia End
Agence France-Presse
via Yahoo News
Sunday, January 18, 2015
http://news.yahoo.com/swiss-lose-battle-currency-war-could-spread-061754...
PARIS -- Historically neutral Switzerland's foray into the global currency war ended in defeat this past week after its central bank left markets shell-shocked by abandoning the franc's exchange rate floor, analysts said.
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