Daily Dispatches

Eric Sprott: Maybe the whole fraud of the Comex is unwinding

Section:

3:12p ET Friday, January 5, 2018

Dear Friend of GATA and Gold:

Weakness in the U.S. dollar is pushing gold and silver up along with commodities generally, mining entrepreneur Eric Sprott tells interviewer Craig Hemke in the weekly wrapup for Sprott Money News.

India's gold imports rebound amid signs that tax woes are fading

Section:

By Shruti Srivastava and Vrishti Beniwal
Bloomberg News
Friday, January 5, 2018

Gold imports by India, the world's second-biggest market after China, surged 37 percent in December after falling for three straight months, according to a person familiar with the data.

John Hathaway: Gold and bitcoin are attacked to defend government currencies

Section:

11a ET Friday, January 5, 2018

Dear Friend of GATA and Gold:

Dollar drop could force global central banks into rates rethink

Section:

By David Goodman, Anchalee Worrachate, and Enda Curran
Bloomberg News
Thursday, January 4, 2018

A weaker dollar could be doing the work of global central banks.

Alasdair Macleod: How quickly will the dollar collapse?

Section:

11:15a ET Thursday, January 4, 2018

Dear Friend of GATA and Gold:

Turkish central bank's gold holdings hit record as dollar holdings fall

Section:

Gold Reserves at Turkey's Central Bank Hit Record Following Dollar Exchange Policy

By Ugur Gurses
Hurriyet Daily News, Istanbul
Thursday, January 4, 2018

The Turkish Central Bank's gold reserves have reached a record-high 564.8 tons, mainly due to the bank's policy of replacing a large amount of U.S. dollar reserves with bullion.

Bullion Star's gold market charts for December

Section:

9:13a ET Thursday, January 4, 2018

Dear Friend of GATA and Gold:

Bullion Star's gold market charts for December show continued accumulation in the major markets. They charts are posted here:

https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org


Pakistan ditches dollar for trade with China hours after Trump's denunciation

Section:

By Nyshka Chandran
CNBC, New York
Thursday, January 4, 2018

Just 24 hours after President Donald Trump took aim at Pakistan on Twitter, the South Asian nation already appears to be cozying up to the world's second-largest economy.

Iran's central bank admits intervening to rig gold price

Section:

If only the central banks of nominal democracies were as honest.

* * *

Central Bank of Iran to Resume Gold Auctions

From the Financial Tribune, Tehran, Iran
Wednesday, January 3, 2018

Does ANY country's currency exchange rate 'reflect the truth' when gold is rigged?

Section:

Angola's Central Bank Plans to Loosen Kwanza's Peg to the Dollar

By Henrique Almeida and Candido Mendes
Bloomberg News
Wednesday, January 3, 2018

Angola plans to loosen its currency peg to the dollar by establishing a band in which the kwanza can float freely, central bank governor Jose de Lima Massano said.

Syndicate content