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Daily Dispatches
Debt binge threatens UK economy as IMF warns of financial crash
Submitted by cpowell on Sun, 2017-10-08 19:46 Section: Daily DispatchesBy Hugo Duncan
Daily Mail, London
Sunday, October 8, 2017
A surge in household borrowing is paving the way for another financial crisis, according to the International Monetary Fund.
In a hard-hitting report published ahead of its annual meetings in Washington this week, the watchdog warned of "risks down the road" from rising levels of debt.
Ed Steer's Gold and Silver Digest for Saturday posted at GoldSeek
Submitted by cpowell on Sun, 2017-10-08 19:18 Section: Daily Dispatches7:18p ET Sunday, October 8, 2017
Dear Friend of GATA and Gold:
The Saturday edition of GATA board member Ed Steer's Gold and Silver Digest letter is posted in the clear at GoldSeek here:
http://news.goldseek.com/GoldSeek/1507475460.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
Explaining gold price suppression, Indian magazine cites GATA, Butler, Sprott
Submitted by cpowell on Sat, 2017-10-07 16:49 Section: Daily Dispatches4:50p ET Saturday, October 7, 2017
Dear Friend of GATA and Gold:
Indonesian president urges action on Freeport mine deal
Submitted by cpowell on Fri, 2017-10-06 21:51 Section: Daily DispatchesBy Fergus Jensen
Reuters
Friday, October 6, 2017
JAKARTA, Indonesia -- Indonesian President Joko Widodo called for faster progress to wrap up a deal with Freeport-McMoRan Inc. on rights to the giant Grasberg copper mine, which the U.S. firm owns, officials said today.
Hugo Salinas Price: The gold worm on the yuan hook
Submitted by cpowell on Fri, 2017-10-06 12:35 Section: Daily Dispatches12:39p ET Friday, October 6, 2017
Dear Friend of GATA and Gold:
HSBC traders used code word to trigger front-running, prosecutor says
Submitted by cpowell on Fri, 2017-10-06 07:31 Section: Daily DispatchesBy Patricia Hurtado
Bloomberg News
Friday, October 6, 2017
A group of HSBC Holdings currency traders in London and New York feverishly jumped ahead of a $3.5 billion client order after they were tipped off using the code words "my watch is off," a U.S. prosecutor told a federal judge.
Saudi Arabia will start buying military equipment from Russia
Submitted by cpowell on Thu, 2017-10-05 21:47 Section: Daily DispatchesRussia, Saudi Arabia Cement New Friendship with King's Visit
By Vladimir Soldatkin and Katya Golubkova
Reuters
Thursday, October 5, 2017
MOSCOW -- Russian President Vladimir Putin hosted Saudi Arabia's King Salman for talks at the Kremlin today, cementing a relationship that is pivotal for world oil prices and could decide the outcome of the conflict in Syria.
Bullion Star's Chinese gold market essentials
Submitted by cpowell on Thu, 2017-10-05 19:39 Section: Daily Dispatches7:39p ET Thursday, October 5, 2017
Dear Friend of GATA and Gold:
Bullion Star's Torgny Persson today summarizes his internet site's recent reports on China's gold market. The summary is headlined "Chinese Gold Market Essentials" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/bullionstar/chinese-gold-market-essent...
CHRIS POWELL, Secretary/Treasurer
Alasdair Macleod: Interest rate increases won't bother gold much
Submitted by cpowell on Thu, 2017-10-05 14:28 Section: Daily Dispatches2:28p ET Thursday, October 5, 2017
Dear Friend of GATA and Gold:
Venezuela suggests global oil trade in Russian ruble, Chinese yuan
Submitted by cpowell on Wed, 2017-10-04 23:14 Section: Daily DispatchesFrom Russia Today, Moscow
Wednesday, August 4, 2017
The president of Venezuela, Nicolas Maduro, has proposed that oil-producing countries should discuss creating a currency basket for trading crude and refined products.
"Developing a new mechanism of controlling the oil market is necessary,” he said today at the Russian Energy Forum, being held in Moscow this week.
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