Daily Dispatches

Greece said considering ditching euro in favor of dollar

Submitted by cpowell on Tue, 2017-02-14 10:57 Section: Daily Dispatches

By Gareth Davies
Daily Mail, London
Tuesday, February 14, 2017

Greece is said to be considering ditching the euro in favour of the U.S. dollar in a devastating move that would humiliate Brussels.

Donald Trump's pick for EU ambassador Ted Malloch claimed senior Greek economists are looking into taking on the American banknotes if the country turns its back on the European currency.

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Koos Jansen: China's net gold imports in 2016 were 1,300 tonnes

Submitted by cpowell on Tue, 2017-02-14 09:55 Section: Daily Dispatches

9:57a ET Tuesday, February 14, 2017

Dear Friend of GATA and Gold:

Read more about Koos Jansen: China's net gold imports in 2016 were 1,300 tonnes

Western central bank gold is running low, von Greyerz tells KWN

Submitted by cpowell on Sun, 2017-02-12 19:31 Section: Daily Dispatches

7:32p ET Sunday, February 12, 2017

Dear Friend of GATA and Gold:

Read more about Western central bank gold is running low, von Greyerz tells KWN

Ed Steer's Gold & Silver Daily letter for Saturday posted at GoldSeek

Submitted by cpowell on Sat, 2017-02-11 21:42 Section: Daily Dispatches

9:45p ET Saturday, February 11, 2017

Dear Friend of GATA and Gold:

The Saturday edition of Ed Steer's Gold & Silver Daily letter, published by GATA Board of Directors member Ed Steer, is headlined "Gold Is Pouring into ETFs Worldwide This Month" and has been posted in the clear at GoldSeek here:

http://news.goldseek.com/GoldSeek/1486915380.php

CHRIS POWELL, Secretary/Treasurer

Read more about Ed Steer's Gold & Silver Daily letter for Saturday posted at GoldSeek

Russia notes that German gold in U.S. was just a mirage

Submitted by cpowell on Sat, 2017-02-11 15:18 Section: Daily Dispatches

3:23p ET Saturday, February 11, 2017

Dear Friend of GATA and Gold:

Read more about Russia notes that German gold in U.S. was just a mirage

Grant Williams sees oil pricing transitioning to the yuan and gold

Submitted by cpowell on Thu, 2017-02-09 22:35 Section: Daily Dispatches

10:36p ET Thursday, February 9, 2017

Dear Friend of GATA and Gold:

Market analyst Grant Williams' presentation at the Mines and Money conference in London in November, posted in the clear at Zero Hedge tonight, sees the end of the petrodollar system and its gradual replacement, already underway, with a Chinese yuan convertible into gold, transferring the gold pricing system to Asia:

Read more about Grant Williams sees oil pricing transitioning to the yuan and gold

Germany brings its gold stash home sooner than planned

Submitted by cpowell on Thu, 2017-02-09 09:08 Section: Daily Dispatches

By Andreas Framke
Reuters
Thursday, February 9, 2017

FRANKFURT, Germany -- Germany's central bank is bringing home gold reserves stored in places like New York and Paris faster than planned, it said today, as confidence in the euro ebbs even in the heart of the currency bloc after a decade of a sluggish economy.

Read more about Germany brings its gold stash home sooner than planned

Druckenmiller buys gold after reversing November stance

Submitted by cpowell on Wed, 2017-02-08 15:02 Section: Daily Dispatches

By Katherine Burton and Katia Porzecanski
Bloomberg News
Wednesday, Febrary 8, 2017

Stan Druckenmiller, the billionaire investor with one of the best long-term track records in money management, said he bought gold in late December and January, reversing the sale he made after the U.S. presidential election.