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Daily Dispatches
Russia gains gold to diversify reserves, not to distrust dollar, central banker says
Submitted by cpowell on Fri, 2019-04-26 20:59 Section: Daily DispatchesBy Matt Clinch
CNBC, New York
Friday, April 26, 2019
Russia's gold-buying surge over the past year is simply down to a wish to diversify its portfolio of reserves, the central bank governor told CNBC today.
A central bank is seeking gold through Comex 'exchange for physicals,' Maguire tells KWN
Submitted by cpowell on Fri, 2019-04-26 20:50 Section: Daily Dispatches8:45p ET Friday, April 26, 2019
Dear Friend of GATA and Gold:
Brien Lundin: Flash crashes keep showing gold market manipulation, CFTC's indifference
Submitted by cpowell on Fri, 2019-04-26 09:39 Section: Daily DispatchesBy Brien Lundin
Gold Newsletter, Metairie, Louisiana
Thursday, April 25, 2019
Sometimes the gold market seems like a mixed martial arts fight. The metal is down on the canvas, seemingly helpless, yet it keeps getting pummeled unnecessarily.
China dollar bond default tests bank guarantees for first time
Submitted by cpowell on Thu, 2019-04-25 22:57 Section: Daily DispatchesBy Carrie Hong and Carol Zhong
Bloomberg News
Thursday, April 25, 2019
Investor faith in Chinese dollar bonds backed by banks is about to be tested after a default by one of the country's best-known private conglomerates.
Sean Fieler: Why the U.S. needs to encourage Americans to hold gold
Submitted by cpowell on Thu, 2019-04-25 10:52 Section: Daily DispatchesBy Sean Fieler
The Federalist, Washington
Thursday, April 25, 2019
Fed wants to restrict premium interest rate to its pals
Submitted by cpowell on Wed, 2019-04-24 16:14 Section: Daily DispatchesThe Fed Fights a New Bank It Fears, While the Startup Sees Nothing to Worry About
By Alex Harris and Liz McCormick
Bloomberg News
Wednesday, April 24, 2019
Gold futures smashes at odds with fundamentals, John Ing tells King World News
Submitted by cpowell on Wed, 2019-04-24 16:05 Section: Daily Dispatches4p ET Wednesday, April 24, 2019
Dear Friend of GATA and Gold:
Even the Reserve Bank of India is acquiring gold now
Submitted by cpowell on Wed, 2019-04-24 15:57 Section: Daily DispatchesWorld's Central Banks Want More Gold
By Ranjeetha Pakiam and Swansy Afonso
Bloomberg News
Wednesday, April 24, 2019
India's central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top economies diversify their reserves.
Reuters purports to be concerned that Africa is being cheated out of its gold
Submitted by cpowell on Wed, 2019-04-24 13:01 Section: Daily DispatchesIf Reuters is suddenly really so concerned about Africa's being cheated out of its gold, why doesn't the news agency investigate the international central bank gold price suppression scheme? Most of the work for such investigative journalism already has been done here:
Agnico bets on high-grade gold as it digs in Canada's remote north
Submitted by cpowell on Tue, 2019-04-23 18:55 Section: Daily DispatchesBy Nicholas Saminather
Reuters
Tuesday, April 23, 2019
TORONTO -- Agnico Eagle Mines is doubling down this year on Nunavut, Canada's least developed territory, betting that the high-grade gold ores and slim competition there will offset the risks of digging in the remote location in the far north.