Daily Dispatches

Alasdair Macleod: Markets and reality disconnected

Section:

9:25a CT Friday, October 24, 2014

Dear Friend of GATA and Gold:

Government intervention in markets is only part of the disconnection of markets from reality, GoldMoney research director Alasdair Macleod writes today.

Three major nations absent as China launches rival to Western development bank

Section:

By Brenda Goh
Reuters
Thursday, October 23, 2014

SHANGHAI -- Australia, Indonesia, and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.

First Majestic CEO wants silver miners to form counter-cartel against futures shorters

Section:

12:10a CT Friday, October 24, 2014

Dear Friend of GATA and Gold:

First Majestic Silver CEO Keith Neumeyer, interviewed by Future Money Trends, argues that silver miners should form a counter-cartel to combat the investment houses selling silver short on futures markets. The interview is 16 minutes long and can be heard at Future Money Trends here:

Foreign central banks cut U.S. bond stakes to lowest since May

Section:

By Richard Leong
Reuters
Thursday, October 23, 2014

Foreign central banks slashed their holdings of U.S. Treasuries at the Federal Reserve to their lowest level since May, Fed data released on Thursday showed.

MineWeb's Williams praises GATA consultant Jansen's work on China gold demand data

Section:

5:53p CT Thursday, October 23, 2014

Dear Friend of GATA and Gold:

MineWeb's Lawrence Williams today praises gold researcher and GATA consultant Koos Jansen for getting to the heart of Chinese gold demand data that shows that China's gold offtake is much greater than generally reported.

Chris Powell: The crucial questions financial journalism won't ask and central banks won't answer

Section:

Remarks by Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
Thursday, October 23, 2014

Big nations snub Beijing bank launch after US lobbying

Section:

Jamil Anderlini
Financial Times, London
Tuesday, October 22, 2014

http://www.ft.com/intl/cms/s/0/41c3c0a0-59cd-11e4-9787-00144feab7de.html

BEIJING -- China will officially launch a new $50 billion Asia Infrastructure Investment Bank on Friday as it steps up its challenge to global financial institutions like the World Bank that it feels are dominated by America and its allies.

Goldcorp chief says Asian buying will support price of gold

Section:

By James Wilson and Michael Hunter
Financial Times, London
Wednesday, October 22, 2014

Demand from China and other parts of Asia will support the price of gold, the chief executive of one of its largest miners said, as the precious metal traded near its strongest level in six weeks.

Barron interviewed on 'peak gold,' mining costs, and Swiss referendum

Section:

10:24a CT Wednesday, October 22, 2014

Dear Friend of GATA and Gold:

Top bullion consumer China works on first gold forwards, options

Section:

By A. Ananthalakshmi and Fayen Wong
Reuters
Tuesday, October 21, 2014

The Shanghai Gold Exchange is working on plans for China's first forwards and options in gold, sources say, potentially putting China ahead in the race to set an Asian pricing benchmark that might eventually rival the London gold fix.

Syndicate content