Daily Dispatches

The Danish krone suppression scheme joins the gold suppression scheme

Section:

Denmark Ready to Impose Capital Controls to Protect Currency

By Mehreen Khan
The Telegraph, London
Friday, February 20, 2015

Denmark's central bank is ready to impose capital controls to stop the inflow of money that has threatened its currency peg with the euro.

March date set for gold fix switch

Section:

By Ese Erheriene
The Wall Street Journal
Thursday, February 19, 2015

The deadline for the gold fix to enter the digital age is nearing.

The London Bullion Market Association said today that the gold benchmark will be set via an electronic platform managed by ICE Benchmark Administration beginning on March 20.

Gold is cheaper in real terms now than it was in 2002, von Greyerz says

Section:

4:25p ET Thursday, February 19, 2015

Dear Friend of GATA and Gold:

Swiss gold fund manager Egon von Greyerz tells King World News today that gold is cheaper today in real terms than it was at $300 in 2002 even as the monetary metal has become far more strategic in international affairs. An excerpt from his interview is posted at the KWN blog here:

Koos Jansen: Why do mainstream analysts distort, minimize China gold demand?

Section:

10:54a ET Thursday, February 19, 2015

Dear Friend of GATA and Gold:

Middlekoop and Macleod see a gold-based reset

Section:

5:10p ET Wednesday, February 18, 2015

Dear Friend of GATA and Gold:

Gold-based transformations of the world financial system are envisioned in two commentaries today, one by Willem Middlekoop, author of "The Big Reset," who writes today in Koos Jansen's space at Bullion Star a commentary headlined "A New Gold Standard in the Making":

RBI lifts ban on import of gold coins, medallions by banks

Section:

By the Press Trust of Inda
via The Times of India, Mumbai
Wednesday, February 18, 2015

MUMBAI -- The Reserve Bank of India today lifted the ban on imports of gold coins and medallions by banks and trading houses.

In a notification the RBI also said banks are permitted to import gold on consignment basis. Domestic sales will be, however, permitted against up-front payment only.

Tocqueville's Hathaway discusses price-rigging suit against London gold fix participants

Section:

7:25p ET Tuesday, February 17, 2015

Dear Friend of GATA and Gold:

Ted Butler: A remarkable proposition

Section:

7:10p ET Tuesday, February 17, 2015

Dear Friend of GATA and Gold:

Zero Hedge claims vindication for Mylchreest's study of gold-suppressing yen trade

Section:

5:10p ET Tuesday, February 17, 2015

Dear Friend of GATA and Gold:

Zero Hedge today claims vindication for market analyst Paul Mylchreest's study in December, conveyed to you by GATA --

http://gata.org/node/14822

-- concluding that the price of gold has been suppressed for two years as part of a massive trade involving the Japanese yen and Japan's stock index.

At KWN, Embry notes laughably counterintuitive action in monetary metals

Section:

3p ET Tuesday, February 17, 2015

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry today discusses with King World News the laughably counterintuitive action in the monetary metals -- their getting smashed down in the New York futures market "in the face of a news backdrop that should be sending them up sharply." Embry's interview is excerpted at the KWN blog here:

Syndicate content