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Daily Dispatches
World Gold Council fails to ask Greenspan about central bank intervention against gold
Submitted by cpowell on Sat, 2017-02-18 20:51 Section: Daily Dispatches8:54p ET Saturday, February 18, 2017
Dear Friend of GATA and Gold:
Arizona bill would remove state tax on profit from sale of gold coins
Submitted by cpowell on Sat, 2017-02-18 20:21 Section: Daily DispatchesBy Howard Fischer
Arizona Daily Star, Tucson
Sunday, February 12, 2017
PHOENIX, Arizona -- Arguing that federal policies have made paper money "virtually worthless," Arizona lawmakers are moving to allow residents to invest in gold coins and not have to pay state taxes on any profits they make when they sell them.
Investors worldwide could become plaintiffs in class-action suit in UK against bullion banks
Submitted by cpowell on Sat, 2017-02-18 19:56 Section: Daily Dispatches7:57p ET Saturday, February 18, 2017
Dear Friend of GATA and Gold:
Investors in nine countries have responded to the announcement two weeks ago that a British law firm, Leon Kaye Solicitors, is contemplating bringing a class-action lawsuit in the United Kingdom under that country's Competition Act against bullion banks suspected of manipulating the gold and silver markets:
London bullion banks will pretend to be transparent next week
Submitted by cpowell on Fri, 2017-02-17 21:34 Section: Daily DispatchesBanks to Test London Gold-Trading Platform in Transparency Push
By Eddie Van Der Walt
Bloomberg News
Friday, February 17, 2017
Some banks will start testing a new bullion-trading platform next week as part of the London Bullion Market Association's push to make the city's over-the-counter market more modern and transparent.
Ronan Manly: A chink of light into London's gold vaults?
Submitted by cpowell on Fri, 2017-02-17 08:29 Section: Daily Dispatches8:30a ET Friday, February 17, 2017
Dear Friend of GATA and Gold:
John Ing: The primary 'Trump trade' is to buy gold
Submitted by cpowell on Thu, 2017-02-16 22:39 Section: Daily Dispatches10:40p ET Thursday, February 16, 2017
Dear Friend of GATA and Gold:
Canadian fund manager John Ing tonight gives King World News a comprehensive review of the world financial and political situation and concludes that the primary "Trump trade" is probably to buy gold. Ing's commentary is posted at KWN here:
Kyrgyzstan wants everyone to have 100 grams of gold
Submitted by cpowell on Thu, 2017-02-16 08:26 Section: Daily DispatchesBy Evgenia Pismennaya and Anna Andrianova
Bloomberg News
Thursday, February 15, 2017
A landlocked nation perched between China and Kazakhstan is embarking on an experiment with little parallel worldwide: shifting savings from cattle to gold.
Agnico plans to invest $1.2 billion in gold projects in Canada's north
Submitted by cpowell on Wed, 2017-02-15 21:09 Section: Daily DispatchesBy Danielle Bochove
Bloomberg News
Wednesday, February 15, 2017
Agnico Eagle Mines Ltd. plans to invest more than $1.2 billion in Canada's subarctic in the next three years as it builds one new mine and expands another.
China's holdings of Treasuries dropped in 2016 by most on record
Submitted by cpowell on Wed, 2017-02-15 19:40 Section: Daily DispatchesBy Sarah McGregor and Andrea Wong
Bloomberg News
Wednesday, February 15, 2017
China's holdings of U.S. Treasuries declined by the most on record last year, as the world's second-largest economy dipped into its foreign-exchange reserves to buttress the yuan. Japan, America's largest foreign creditor, trimmed its holdings for a second straight year.
TF Metals Report: Inflation's 'sudden' onset isn't sudden at all
Submitted by cpowell on Wed, 2017-02-15 15:39 Section: Daily Dispatches3:40p ET Wednesday, February 15, 2017
Dear Friend of GATA and Gold:
Inflation is not suddenly surging, as the financial establishment wants people to believe, but has been rising steadily all along as the U.S. dollar has been depreciating. That's today's commentary from the TF Metals report, headlined "The Sudden Onset of Inflation," posted here:
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