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Daily Dispatches
China offers renminbi loans to other BRICs
Submitted by cpowell on Wed, 2012-03-07 23:46 Section: Daily DispatchesBy Henny Sender and Joe Leahy
Financial Times, London
Wednesday, March 7, 2012
http://www.ft.com/intl/cms/s/0/3e46ac04-67fd-11e1-978e-00144feabdc0.html
China intends to extend renminbi loans to other BRICs nations, in another step towards the internationalisation of its currency.
Agitation in Switzerland and Germany to bring their gold home from U.S.
Submitted by cpowell on Wed, 2012-03-07 23:31 Section: Daily Dispatches11:30p ET Wednesday, March 7, 2012
Dear Friend of GATA and Gold:
Looks like suspicions about central bank gold policies are spreading, as Zero Hedge reports tonight about agitation in Switzerland and Germany to repatriate their national gold reserves from the United States:
http://www.zerohedge.com/news/switzerland-wants-its-gold-back-new-york-fed
CHRIS POWELL, Secretary/Treasurer
Gold 'fundamentally cheap' as measure of money supply, Brodsky tells KWN
Submitted by cpowell on Wed, 2012-03-07 20:34 Section: Daily Dispatches8:32p ET Wednesday, March 7, 2012
Dear Friend of GATA and Gold:
Jim Sinclair: Monetary doubletalk beyond MOPE
Submitted by cpowell on Wed, 2012-03-07 14:57 Section: Daily Dispatches2:52p ET Wednesday, March 7, 2012
Dear Friend of GATA and Gold:
Gold smashdown only spurred buying of real metal, London trader says
Submitted by cpowell on Wed, 2012-03-07 13:27 Section: Daily Dispatches1:26p ET Wednesday, March 7, 2012
Dear Friend of GATA and Gold:
As usual, central bank intervention and bullion bank stampeding, Norcini says
Submitted by cpowell on Tue, 2012-03-06 19:05 Section: Daily Dispatches7p ET Tuesday, March 6, 2012
Dear Friend of GATA and Gold:
James Turk: A perspective on money from Howard and Warren Buffett
Submitted by cpowell on Tue, 2012-03-06 16:16 Section: Daily Dispatches4:15p ET Tuesday, March 6, 2012
Dear Friend of GATA and Gold:
Gold smashing is just paper manipulation, Embry tells King World News
Submitted by cpowell on Tue, 2012-03-06 15:01 Section: Daily Dispatches3p ET Tuesday, March 6, 2012
Dear Friend of GATA and Gold:
Chinese bank leased 63 tonnes of gold in 2011
Submitted by cpowell on Tue, 2012-03-06 07:52 Section: Daily DispatchesBy Polly Yam
Reuters
Tuesday, March 6, 2012
http://www.reuters.com/article/2012/03/06/icbc-gold-idUSL4E8E635H20120306
HONG KONG -- Industrial and Commercial Bank of China Ltd., the world's most valuable lender, said in a statement that its gold leasing business reached 62.8 tonnes of physical metal in 2011.
Situation 'desperate' for central banks, Turk tells King World News
Submitted by cpowell on Mon, 2012-03-05 14:55 Section: Daily Dispatches2:55p ET Monday, March 5, 2012
Dear Friend of GATA and Gold: