Daily Dispatches

Morgan Stanley warns currency traders that worst is still to come for dollar

Section:

By Rebecca Spalding
Bloomberg News
Saturday, July 30, 2016

The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn't raising interest rates any time soon, and U.S. economic data is only going to get worse.

BMG Bullion's White cites Australian study of gold price suppression

Section:

9:04a ET Saturday, July 30, 2016

Dear Friend of GATA and Gold:

Institutions will start buying miners, fund adviser Belkin tells KWN

Section:

3:45p ET Friday, July 29, 2016

Dear Friend of GATA and Gold:

Gold bargains gone as Sibanye sees few chances for a deal

Section:

By Kevin Crowley
Bloomberg News
Friday, July 29, 2016

The gold market shot up so fast that opportunities to make a big acquisition are now scarce, according to Sibanye Gold Ltd.

Ronan Manly: Executives keep fleeing GLD

Section:

By Ronan Manly
BullionStar.com, Singapore
Friday, July 29, 2016

IMF admits disastrous love affair with euro, apologizes for immolating Greece

Section:

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, July 28, 2016

The International Monetary Fund's top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory.

Barrick puts Super Pit stake on the market

Section:

By Nick Evans
The West Australian, Perth
Thursday, July 28, 2016

Barrick Gold has put on the market its half of Kalgoorlie's iconic Super Pit gold mine, finally confirming it intends to complete its exit from Australia.

Joe Weisenthal: How Donald Trump changed my mind about gold

Section:

By Joe Weisenthal
Bloomberg News
Thursday, July 28, 2016

If you poke around on the internet, you'll find a lot of people who have criticized me for being a "gold hater." Here are two different pieces that took me just a few seconds to find:

http://www.bullionbaron.com/2015/08/the-religion-of-gold-hating.html

There are plenty of tweets out there saying the same thing.

TD's $230 billion man goes maximum gold as volatility mounts

Section:

By Eric Lam and Allison McNeely
Bloomberg News
Thursday, July 28, 2016

In a world flush with central bank stimulus and swirling with volatility, Bruce Cooper is pushing for the one asset he says he can count on: gold.

DRD Gold CEO sees metal shortage as 'paper gold' increases

Section:

4:16p ET Wednesday, July 27, 2016

Dear Friend of GATA and Gold:

Mining Weekly this week quotes DRD Gold CEO Niel Pretorius as recognizing a growing problem with "paper gold," with the supply expanding while gold production declines.

"There's a shortage of real gold to cover the paper gold position that's out there," Pretorius says.

Syndicate content