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Daily Dispatches
Iraq boosts gold reserves by 25 tonnes
Submitted by cpowell on Sun, 2012-12-23 11:30 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Friday, December 21, 2012
http://www.ft.com/intl/cms/s/0/87ab2a18-4b7e-11e2-887b-00144feab49a.html
Iraq has joined the growing list of countries buying gold for their official reserves, purchasing more than 25 tonnes of the precious metal in the market to beef up the gold reserves of its central bank for the first time in years.
Central banks manipulate metals but bonds will fall anyway, Celente tells King
Submitted by cpowell on Sun, 2012-12-23 11:22 Section: Daily Dispatches11:20a ET Sunday, December 23, 2012
Dear Friend of GATA and Gold:
Central banks are manipulating gold and silver prices but bonds are going to collapse anyway, Trends Journal editor Gerald Celente tells King World News in an interview excerpted at the King World News blog here:
A forecast for a silver default on the Comex
Submitted by cpowell on Sat, 2012-12-22 22:33 Section: Daily Dispatches10:31p ET Saturday, December 22, 2012
Dear Friend of GATA and Gold:
GoldMoney's Turk gives outlook for gold from 2013-15
Submitted by cpowell on Sat, 2012-12-22 17:02 Section: Daily Dispatches5p ET Saturday, December 22, 2012
Dear Friend of GATA and Gold:
John Embry to preside at GATA fundraiser with Bob Bishop in Vancouver
Submitted by cpowell on Sat, 2012-12-22 10:33 Section: Daily Dispatches10:40a ET Saturday, December 22, 2012
Dear Friend of GATA and Gold:
Sprott Asset Management's chief investment strategist, John Embry, will be master of ceremonies for GATA's fundraising reception with retired newsletter writer Bob Bishop at the conclusion of the Vancouver Resource Investment Conference on Monday, January 21.
Central bankers rethink their devotion to slaying inflation
Submitted by cpowell on Sat, 2012-12-22 09:54 Section: Daily DispatchesBy Jonathan Spicer
Reuters
Thursday, December 20, 2012
http://www.reuters.com/article/2012/12/20/us-centralbanks-idUSBRE8BJ0T12...
NEW YORK -- A subtle shift in monetary policymaking is afoot with a new generation of central bankers, striving to secure global economic recovery, prepared to challenge the old doctrine of inflation-fighting at all costs.
Tiny gold bars latest rage for jittery investors
Submitted by cpowell on Fri, 2012-12-21 20:29 Section: Daily DispatchesBy Oliver Hirt
Reuters
Friday, December 21, 2012
http://www.reuters.com/article/2012/12/21/swiss-gold-idUSL5E8NL4N820121221
ZURICH, Switzerland -- Private investors in Switzerland, Austria, and Germany are lining up to buy gold bars the size of a credit card that can easily be broken into 1-gram pieces and used as payment in an emergency.
Paper raid on metals causes 'unprecedented' silver premiums, Maguire tells King World News
Submitted by cpowell on Fri, 2012-12-21 20:00 Section: Daily Dispatches7:56p ET Friday, December 21, 2012
Dear Friend of GATA and Gold (and Silver):
Brazil doubles gold reserves as central banks buy bullion
Submitted by cpowell on Fri, 2012-12-21 08:34 Section: Daily DispatchesBy Glenys Sim
Bloomberg News
Friday, December 21, 2012
http://www.bloomberg.com/news/2012-12-21/brazil-doubles-gold-reserves-wi...
SINGAPORE -- Brazil boosted gold reserves for a third month in November to double the country's holdings since August as central banks from Russia to Belarus and South Korea add the metal to diversify their assets.
Gold selling likely comes from BIS at behest of U.S., Maguire tells King World News
Submitted by cpowell on Thu, 2012-12-20 16:26 Section: Daily Dispatches4:28p ET Thursday, December 20, 2012
Dear Friend of GATA and Gold: