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Daily Dispatches
Islamic finance body approves standard for gold-based products
Submitted by cpowell on Mon, 2016-11-28 14:56 Section: Daily DispatchesBy Bernardo Vizcaino
Reuters
Monday, November 28, 2016
The Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions said on Monday it had approved a sharia standard for gold-based products, a move aimed at expanding the use of bullion in Islamic finance.
GATA urgently needs help to keep fighting
Submitted by cpowell on Sun, 2016-11-27 11:44 Section: Daily Dispatches11:45a ET Sunday, November 27, 2016
Dear Friend of GATA and Gold:
GATA Chairman Murphy interviewed by Wealth Research Group
Submitted by cpowell on Sat, 2016-11-26 14:33 Section: Daily Dispatches2:36p ET Saturday, November 26, 2016
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy was interviewed this week by Wealth Research Group editor Lior Gantz about GATA's work exposing government rigging of the gold market and other markets. The interview is a half hour long and can be heard at YouTube here:
Koos Jansen: Chinese gold demand strengthens amid lower prices
Submitted by cpowell on Sat, 2016-11-26 14:11 Section: Daily Dispatches2:14p ET Saturday, November 26, 2016
Dear Friend of GATA and Gold:
Gold researcher Koos Jansen reports today that gold demand in China, already strong, has been strengthening with the recent decline in the international price. Jansen's report is headlined "Q1–Q3 2016 China Net Gold Import Hits 905 Tonnes" and it's posted at Bullion Start here:
Will India try restricting gold ownership? Anonymous sources are contradictory
Submitted by cpowell on Sat, 2016-11-26 10:11 Section: Daily DispatchesIndia May Impose Curbs on Domestic Gold Holdings
By Neha Dasgupta
From Reuters
Friday, November 25, 2016
The government may impose curbs on domestic holdings of gold as Prime Minister Narendra Modi intensifies a fight against "black money," news agency NewsRise reported, citing an unnamed finance ministry official.
Gold not safe enough in India so hoarders opt for silver bars
Submitted by cpowell on Sat, 2016-11-26 09:47 Section: Daily DispatchesBy M. Sabari
The New Indian Express, Chennai
Saturday, November 26, 2016
http://www.newindianexpress.com/states/tamil-nadu/2016/nov/26/gold-not-s...
A diagram of secret interventions in gold and currency markets by central banks
Submitted by cpowell on Fri, 2016-11-25 11:38 Section: Daily Dispatches11:40a ET Friday, November 25, 2016
Dear Friend of GATA and Gold:
John Crudele: Retail sales numbers are fake but the harm is real
Submitted by cpowell on Fri, 2016-11-25 10:40 Section: Daily DispatchesBy John Crudele
New York Post
Monday, November 21, 2016
There's an old saying that no one should ever see how laws or sausages are made. I'll add to that: Nobody should know how the government comes up with its retail sales figures.
But I'm going to tell you anyway because the sales figures that were put out last week were so arbitrary, so random, so ridiculous -- yet so important.
Alasdair Macleod: The economic consequences of Mr. Modi
Submitted by cpowell on Thu, 2016-11-24 13:50 Section: Daily Dispatches1:53p ET Thursday, November 24, 2016
Dear Friend of GATA and Gold:
John Hathaway: What does Trump's victory mean for gold?
Submitted by cpowell on Thu, 2016-11-24 12:08 Section: Daily Dispatches12:10p ET Thursday, November 24, 2016
Dear Friend of GATA and Gold:
In his latest market letter, Tocqueville Gold Fund manager John Hathaway notes that the smashing of gold after the U.S. presidential election involved the dumping of futures contracts nominally equivalent to two years of production.
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