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Daily Dispatches
India's gold paperization scheme is a total flop
Submitted by cpowell on Sun, 2017-03-12 11:04 Section: Daily DispatchesIndia Gold Recycling Plan Fails to Tempt Households
By Rajendra Jadhav
Reuters
Saturday, March 11, 2017
MUMBAI -- India's ambitious plan to recycle thousands of tonnes of gold lying idle in temples and households looks to have foundered on concerns over high costs and slight returns, in a blow to government hopes of cutting imports of the metal.
Ronan Manly: Mexico's earmarked gold bars at the Bank of England's vaults
Submitted by cpowell on Sat, 2017-03-11 12:15 Section: Daily Dispatches12:15p ET Saturday, March 11, 2017
Dear Friend of GATA and Gold:
Gold researcher Ronan Manly writes today that financial journalist Guillermo Barba's recent extraction of details about the Bank of Mexico's gold reserves --
http://www.guillermobarba.com/the-bank-of-mexico-reveals-its-gold-bar-list/
Indian government mobilizes 6.4 tonnes of gold under paperization scheme
Submitted by cpowell on Fri, 2017-03-10 14:35 Section: Daily DispatchesFrom the Press Trust of India
via The Times of India, Mumbai
Friday, March 10, 2017
NEW DELHI -- The government has collected 6.4 tonnes of gold under the scheme for monetising the metal, Parliament was informed today.
Launched in November 2015, the scheme intends to mobilise idle gold held by households and institutions so that the wealth can be put to productive use.
TF Metals Report interviews London metals trader Maguire on gold's 'reset'
Submitted by cpowell on Fri, 2017-03-10 12:07 Section: Daily Dispatches12:10p ET Friday, March 10, 2017
Dear Friend of GATA and Gold:
The TF Metals Report today interviews London metals trader Andrew Maguire about why he thinks a "reset" is coming in the price of gold as "the physical market is quickly sucking the liquidity out of the paper market." The interview is 51 minutes long and can be heard at the TF Metals Report here:
GoldSeek Radio interviews GATA Chairman Bill Murphy
Submitted by cpowell on Fri, 2017-03-10 10:57 Section: Daily Dispatches11a ET Friday, March 10, 2017
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy today is interviewed by Chris Waltzek of GoldSeek Radio, discussing the gold cartel's renewed attention to the silver market for price suppression. The interviewed can be heard at GoldSeek Radio here:
http://radio.goldseek.com/nuggets.php
CHRIS POWELL, Secretary/Treasurer
Alasdair Macleod: The fateful date
Submitted by cpowell on Thu, 2017-03-09 10:31 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, March 9, 2017
Caesar: What sayest thou to me now? Speak once again.
Soothsayer: Beware the ides of March.
Caesar: He is a dreamer; let us leave him: pass.
Sprott makes hostile $3.1 billion bid for Central Fund of Canada
Submitted by cpowell on Wed, 2017-03-08 20:19 Section: Daily DispatchesFrom the Canadian Press
via Canadian Broadcasting Corp. News, Toronto
Wednesday, March 8, 2017
http://www.cbc.ca/news/canada/calgary/sprott-takeover-bid-central-fund-c...
Toronto-based Sprott Inc. said Wednesday it's making an all-share hostile takeover bid worth $3.1 billion US for rival bullion holder Central Fund of Canada Ltd.
Ron Paul urges Arizona lawmakers to end capital gains tax on gold coins
Submitted by cpowell on Wed, 2017-03-08 20:07 Section: Daily DispatchesBy Howard Fischer
Arizona Daily Star, Tucson
Wednesday, March 8, 2017
http://tucson.com/news/ron-paul-to-az-lawmakers-end-capital-gains-tax-on...
Indian gold imports said to almost triple on wedding demand
Submitted by cpowell on Wed, 2017-03-08 08:27 Section: Daily DispatchesBy Shruti Srivastava and Swansy Afonso
Bloomberg News
Wednesday, March 8, 2017
Gold imports by India, which competes with China for the role of world's biggest consumer, are said to have risen almost three-fold in February from a year earlier as jewelers increased stockpiles before the festival and wedding period that starts next month.
Bank of England deputy governor with brother in senior Barclays role faces calls to resign
Submitted by cpowell on Tue, 2017-03-07 19:52 Section: Daily DispatchesBy Tim Wallace
The Telegraph, London
Tuesday, March 7, 2017
Charlotte Hogg is facing calls to resign as deputy governor of the Bank of England after she failed to notify its ruling body that her brother is director of group strategy at Barclays, which she monitors closely in her new job.