Daily Dispatches

Ronan Manly: London gold trading data disappears as new fix mechanism begins

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10:08a SGT Friday, March 20, 2015

Dear Friend of GATA and Gold:

Bank of New York Mellon will settle currency trade case for $714 million

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By Ben Protess
The New York Times
Thursday, March 19, 2015

Hugo Salinas Price: Greece's currency options go beyond predatory euro and laughable drachma

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12:45p SGT Thursday, March 19, 2015

Dear Friend of GATA and Gold:

Chinese banks won't be part of new gold benchmarking at start, source tells Reuters

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New Era of Gold Benchmarking to Start with Handful of Pioneers

By Clara Denina
Reuters
Thursday, March 19, 2015

LONDON -- A handful of banks will start setting gold prices electronically on Friday, sources with direct knowledge of the matter said, as Intercontinental Exchange completes a sweeping change to London's bullion benchmarks and dispenses with the century-old gold "fix."

Low rates will trigger civil unrest as central banks lose control, BIS says

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By Szu Ping Chan
The Telegraph, London
Wednesday, March 18, 2015

Low inflation, bond yields, and interest rates around the world will push the boundaries of economic and political stability to breaking point if they continue on their downward trajectory, the Bank for International Settlements has warned.

U.S. may revoke settlement agreements in currency-rigging probes

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By David McLaughlin and Tom Schoenberg
Bloomberg News
Tuesday, March 17, 2015

WASHINGTON -- U.S. prosecutors investigating currency manipulation are considering revoking years-old settlements and prosecuting banks for rigging interest rates, according to people familiar with the matter.

Europeans defy U.S. to join China-led development bank; Australia may be next

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By George Parker, Anne-Sylvaine Chassany, and Geoff Dyer
Financial Times, London
Monday, March 16, 2015

France, Germany, and Italy have all agreed to follow Britain's lead and join a China-led international development bank, according to European officials, delivering a blow to US efforts to keep leading Western countries out of the new institution.

Koos Jansen: Yuan's inclusion in SDRs likely will carry gold with it

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8a SGT Tuesday, March 17, 2015

Dear Friend of GATA and Gold:

Declining U.S. economy doesn't support soaring dollar, Embry tells KWN

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7:45a SGT Tuesday, March 17, 2015

Dear Friend of GATA and Gold:

China seems to be claiming 88 percent of world gold mine production

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11:31a ICT Sunday, March 15, 2015

Dear Friend of GATA and Gold:

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