Daily Dispatches

Exchange Stabilization Fund, BIS may have to start shorting cocoa

Section:

Don't Panic, But We Could Be Running out of Chocolate

By Lauren Davidson
The Telegraph, London
Monday, November 17, 2014

The world could be running out of chocolate, leading confectioners have warned, as soaring demand continues to outpace the lagging rate of production, pushing up the price of chocolate.

'Yes' vote in Swiss referendum not certain to lift gold prices, Deutsche Bank says

Section:

By Jan Harvey and Anirban Nag
Reuters
Monday, November 17, 2014

LONDON -- A vote in favour of boosting Switzerland's gold holdings at a Nov. 30 referendum won't necessarily lift bullion prices, Deutsche Bank said in a note, adding there was a "considerable" chance the motion would pass.

Koos Jansen: Monetary metals demand remains strong in China and soars in India

Section:

10:36a ET Monday, November 17, 2014

Dear Friend of GATA and Gold:

China's gold and silver demand remains strong according to data from the Shanghai Gold Exchange and the Shanghai Futures Exchange, Bullion Star market analyst Koos Jansen, a GATA consultant, reports today at Bullion Star:

https://www.bullionstar.com/blog/koos-jansen/sgei-harm/

Indian central bank pressing for more limits on gold imports

Section:

By Manoj Kumar
Reuters
Mnoday, November 17, 2014

The Reserve Bank of India is in talks with the government for a decision on increasing curbs on gold imports, RBI Deputy Governor S.S. Mundra said on Monday.

The RBI deputy also said attention needed to be paid to the surge in gold imports at a briefing with reporters in the capital. ...

... For the remainder of the report:

ECB official says central bank could buy gold to boost inflation

Section:

ECB Could Buy Gold to Revive Economy

By Peter Spence
The Telegraph, London
Monday, November 17, 2014

Gold, shares, and exchange-traded funds -- the European Central Bank (ECB) may turn to buying any or all of these in an attempt to boost inflation in the currency bloc.

Four key observations from the Deutsche Bank report on the Swiss Gold Initiative

Section:

7p ET Sunday, November 16, 2014

Dear Friend of GATA and Gold:

A full copy of last week's Deutsche Bank report on the Swiss Gold Initiative, provided by GATA consultant R.M., conveys these four major points:

Low gold prices set off buying surge in UAE

Section:

By Manoj Nair
Gulf News, Dubai, United Arab Emirates
Sunday, November 16, 2014

Swiss National Bank chairman forswears 'tricks' to circumvent gold referendum

Section:

SNB Head Says No Sovereign Fund for Gold if Referendum Passes

By Katharina Bart
Reuters
Sunday, November 16, 2014

ZURICH, Switzerland -- The chairman of the Swiss central bank ruled out creating a sovereign wealth fund to manage Switzerland's gold reserves if a referendum on banning the bank from selling them passes, according to a newspaper interview published on Sunday.

Koos Jansen: Who's feeding China's gold hunger?

Section:

9:29p ET Saturday, November 15, 2014

Dear Friend of GATA and Gold:

Turk says mining shares have never been been cheaper, mining executives are clueless

Section:

1:45p ET Saturday, November 15, 2014

Dear Friend of GATA and Gold:

In an hour-long interview with the TF Metals Report's Turd Ferguson, GoldMoney founder and GATA consultant James Turk says, among other things:

-- Shares of monetary metals mining companies have never been cheaper.

Syndicate content