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Daily Dispatches
Kazakhstan to put 20% of its foreign currency reserves into gold
Submitted by cpowell on Wed, 2012-06-13 04:08 Section: Daily DispatchesBy Raushan Nurshayeva
Reuters
Wednesday, June 13, 2012
http://www.reuters.com/article/2012/06/13/gold-kazakhstan-idUSL5E8HD0W82...
ASTANA, Kzaakhstan -- Kazakhstan's central bank plans to boost the share of gold in its gold and foreign currency reserves to 20 percent from 14-15 percent, deputy bank chairman Bisengali Tadzhiyakov said on Wednesday.
Next installment of financial disaster will glorify monetary metals, Embry says
Submitted by cpowell on Tue, 2012-06-12 19:35 Section: Daily Dispatches7:32a HKT Wednesday, July 13, 2012
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News that the next installment of the world financial disaster will be worse than the others and will reveal gold and silver as the true safe havens. An excerpt from the interview is posted at the King World News blog here:
This may do wonders for inflation and gold in Argentina
Submitted by cpowell on Tue, 2012-06-12 19:30 Section: Daily DispatchesOf course, a government that can nullify contracts can expropriate gold, but first the government would have to find it, and it might be a challenge if it was held outside the country.
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Argentina Proposes Bill to Allow Dollar Contract Payments in Pesos
By Taos Turner
The Wall Street Journal
Monday, June 11, 2012
Sinclair sees U.S., gold banks battling central banks that need more gold and less paper
Submitted by cpowell on Mon, 2012-06-11 23:40 Section: Daily Dispatches11:35a HKT Tuesday, July 12, 2012
Dear Friend of GATA and Gold:
Sinclair sees U.S., gold banks battling central banks that need more gold and less paper
Submitted by cpowell on Mon, 2012-06-11 23:40 Section: Daily Dispatches11:35a HKT Tuesday, July 12, 2012
Dear Friend of GATA and Gold:
No need to save in dubious paper when gold is around, Turk tells KWN
Submitted by cpowell on Mon, 2012-06-11 23:31 Section: Daily Dispatches11:30a HKT Tuesday, June 12, 2012
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk today tells King World News that the rescue of Spain's banks is just debt piled atop debt, that all paper assets are dubious, and that there's no need to save in paper assets when gold is around. An excerpt from the interview is posted at the King World News blog here:
Capital controls, visas contemplated in Europe if Greece drops euro
Submitted by cpowell on Mon, 2012-06-11 23:25 Section: Daily DispatchesEuro Zone Discussed Capital Controls if Greek Exits Euro: Sources
By Luke Baker
Reuters
Monday, June 11, 2012
http://www.reuters.com/article/2012/06/11/us-eurozone-greece-capital-idU...
Gold futures price decline is an illusion, von Greyerz tells King World News
Submitted by cpowell on Sat, 2012-06-09 20:23 Section: Daily Dispatches8:22a HKT Sunday, July 10, 2012
Dear Friend of GATA and Gold:
Alasdair Macleod: Gold data hints at possible market upswing
Submitted by cpowell on Sat, 2012-06-09 20:07 Section: Daily Dispatches8a HKT Sunday, June 10, 2012
Dear Friend of GATA and Gold:
Gold futures market data suggests that the gold price is too low and will be moving up, the economist Alasdair Macleod writes at GoldMoney. His commentary is headlined "Gold Data Hints at Possible Market Upswing" and it's posted here:
A golden idea to save (or doom) the euro
Submitted by cpowell on Sat, 2012-06-09 01:26 Section: Daily DispatchesBy Eric Reguly
The Globe and Mail, Toronto
Friday, June 8, 2012
http://www.theglobeandmail.com/report-on-business/international-business...
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