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Daily Dispatches
Jan Skoyles: Why Islamic standards for gold investment will increase offtake of metal
Submitted by cpowell on Thu, 2016-12-08 18:23 Section: Daily Dispatches6:22p ET Thursday, December 8, 2016
Dear Friend of GATA and Gold:
GoldCore's Jan Skoyles explains today why the new Islamic standards for gold investment are likely to increase demand for real metal. Her commentary is headlined "Shariah Gold Standard Approved for $2 Trillion Islamic Finance Market" and it's posted at GoldCore here:
Avery Goodman: The mysterious case of 186 tonnes of missing gold
Submitted by cpowell on Thu, 2016-12-08 18:17 Section: Daily DispatchesBy Avery B. Goodman
Thursday, December 8, 2016
The British Office for National Statistics just admitted that it miscalculated British imports by some L6 billion pounds sterling! Guess what they missed. That's right. What else? You guessed right: gold:
http://www.gata.org/node/16984
It always seems to be gold. Hmmm. ...
TF Metals Report: Case closed -- The fact of bullion bank gold and silver price manipulation
Submitted by cpowell on Thu, 2016-12-08 18:05 Section: Daily Dispatches6:08p ET Thursday, December 8, 2016
Dear Friend of GATA and Gold:
Allan Flynn: CFTC and Justice Dept. could find nothing wrong in silver market
Submitted by cpowell on Thu, 2016-12-08 11:54 Section: Daily Dispatches11:50a ET Thursday, December 8, 2016
Dear Friend of GATA and Gold:
Gold researcher Allan Flynn today reviews some pretty telling details of the new evidence filed in the silver market rigging class-action lawsuit --
http://www.gata.org/files/SilverFixingCaseFiling-12-07-2016.pdf
Gold doing well in currencies besides dollar, Naylor-Leyland notes on CNBC
Submitted by cpowell on Thu, 2016-12-08 11:11 Section: Daily Dispatches11:10a ET Thursday, December 8, 2016
Dear Friend of GATA and Gold:
Bank of England shows off its gold vault again, but to whom does the metal really belong?
Submitted by cpowell on Thu, 2016-12-08 10:58 Section: Daily DispatchesPrince Charles doesn't seem to have asked.
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Can I Take One of These Home? Prince Charles Is Shown Bank of England's Vaults Where 400,000 Gold Bars Worth L100 Billion Are Stored
By Rebecca English
Daily Mail, London
Wednesday, December 7, 2016
As jokes go it probably wasn't the most tactful, but at least it tickled Prince Charles.
Indian demonetization effect: 15 tonnes of gold sold on Nov. 8-9
Submitted by cpowell on Wed, 2016-12-07 22:28 Section: Daily DispatchesBy Ram Sahgal
The Times of India, Mumbai
Thursday, December 8, 2016
UK failed to measure huge imports of gold after Brexit vote
Submitted by cpowell on Wed, 2016-12-07 16:55 Section: Daily DispatchesOops! Experts' L6 Billion Blunder Sends UK Trade Deficit Soaring
By Philip Aldrick
The Times, London
Wednesday, December 7, 2016
Britain's trade deficit with the rest of the world is L6 billion larger than previously thought -- and at a record high -- because the nation's beancounters made a mistake in their sums.
Chile rejects attempt to block modified Barrick Gold mine project
Submitted by cpowell on Wed, 2016-12-07 14:52 Section: Daily DispatchesBy Anthony Esposito and Susan Taylor
Reuters
Wednesday, December 7, 2016
Chile has rejected an attempt by local communities to block modifications needed to keep Barrick Gold Corp.'s controversial Pascua Lama project alive, a resolution by the ministerial committee involved showed on Wednesday.
Why do some nations hold more gold?
Submitted by cpowell on Wed, 2016-12-07 14:48 Section: Daily DispatchesBy Will Railton
City AM, London
Wednesday, December 7, 2016
As an asset, gold is entirely speculative. It provides no income or dividends and has few industrial or medical applications. Investors buy it only in the confidence that humans' peculiar and enduring fascination with the lustrous metal will ensure its value through the decades and centuries to come.
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