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Daily Dispatches
Bullion Star details Chinese gold mining as a source of gold supply
Submitted by cpowell on Tue, 2017-09-19 22:05 Section: Daily Dispatches10:05p ET Tuesday, September 19, 2017
Dear Friend of GATA and Gold:
Bullion Star tonight provides a detailed summary of gold production in China, the world's leading gold producer, detailing the country's in-ground reserves and its major gold mining companies. The summary is headlined "Ghinese Gold Mining as a Source of Gold Supply" and it's posted at Bullion Star here:
Turkey will strive to paperize 2,200 tonnes of gold in home savings
Submitted by cpowell on Mon, 2017-09-18 19:55 Section: Daily DispatchesTreasury Sets Eye on 2,200 Tons of Gold ‘Kept under Mattresses'
From Hurriyet Daily News, Istanbul
Monday, September 18, 2017
ANKARA, Turkey -- The Turkish Treasury will issue two types of bonds to attract into the economy 2,200 tons of gold stashed under mattresses, which has a market value of around 300 billion Turkish Liras, Deputy Prime Minister Mehmet Simsek has said.
Dennis Gartman dons tinfoil hat: BIS trying to keep gold down
Submitted by cpowell on Mon, 2017-09-18 13:37 Section: Daily DispatchesBy Dennis Gartman
The Gartman Letter
Monday, September 18, 2017
China aims to kill bitcoin and track all financial transactions
Submitted by cpowell on Mon, 2017-09-18 10:08 Section: Daily DispatchesChina Widens Bitcoin Crackdown Beyond Commercial Trading
By Chao Deng
The Wall Street Journal
Monday, September 18, 2017
BEIJING -- Chinese authorities are moving toward a broad clampdown on bitcoin trading, testing the resilience of the virtual currency as well as the idea its decentralized nature protects it from government interference.
India may exclude gold from future trade agreements
Submitted by cpowell on Sun, 2017-09-17 21:04 Section: Daily DispatchesBy Deepshikha Sikarwar
The Times of India, Mumbai
Sunday, September 17, 2017
A big spike in gold imports from countries with which India has trade agreements has caused alarm in the government, which now plans to exclude the yellow metal from such agreements in the future.
Global debt may be underestimated by $13 trillion, BIS warns
Submitted by cpowell on Sun, 2017-09-17 20:56 Section: Daily DispatchesBy Saikat Chatterjee
Reuters
Sunday, September 17, 2017
LONDON -- Global debt may be under-reported by around $13 trillion because traditional accounting practices exclude foreign exchange derivatives used to hedge international trade and foreign currency bonds, the Bank for International Settelments said today.
You can't lose if you join GATA at the New Orleans conference
Submitted by cpowell on Sun, 2017-09-17 10:42 Section: Daily Dispatches10:40a ET Sunday, September 17, 2017
Dear Friend of GATA and Gold:
You're being robbed -- as part of the greatest financial crime in U.S. history.
The worst part: You and your family will be the victims.
The good part: There is a way to protect yourself. And I can guarantee that it will also deliver you a four-for-one profit.
You know all about this scandal.
India's gold imports jump three-fold from April to August
Submitted by cpowell on Sun, 2017-09-17 10:33 Section: Daily DispatchesFrom the Press Trust of India
via The Times of India, Mumbai
Sunday, September 17, 2017
The country's gold imports recorded a three-fold jump to $15.24 billion during the April-August period of the current fiscal period, commerce ministry data showed.
Gold imports, which have a bearing on the country's current account deficit, stood at $5.08 billion from April to August 2016-17.
Bullion Star: Gold demand within the Chinese gold market
Submitted by cpowell on Sun, 2017-09-17 10:02 Section: Daily Dispatches10a ET Sunday, September 15, 2017
Dear Friend of GATA and Gold:
Bullion Star this week presents a primer on gold demand in China, arguing that it is far larger than the demand calculated by the World Gold Council. Bullion Star's report is headlined "Gold Demand within the Chinese Gold Market" and it's posted here:
Doug Pollitt: What crypto-euphoria says about gold
Submitted by cpowell on Sun, 2017-09-17 09:50 Section: Daily Dispatches9:48a ET Sunday, September 17, 2017
Dear Friend of GATA and Gold:
In his September market letter, Doug Pollitt of Pollitt & Co. in Toronto identifies bitcoin's weaknesses and concludes that the crypto-currency is useful mainly for speculation even as it indicates the growing madness of the world financial system.
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