You are here

Daily Dispatches

GoldPrice.org chart shows metal gained in all major currencies in 15 years

Section: Daily Dispatches

10:03a ET Friday, January 6, 2017

Dear Friend of GATA and Gold:

GoldPrice.org has posted a chart of gold's performance in major currencies since 2002, and it shows far more green than red and net gains in all of them, ranging from a low of 156 percent in the Chinese yuan and a high of 496 percent in the Indian rupee. The chart is posted here:

Koos Jansen: How the West has been selling gold into a black hole

Section: Daily Dispatches

9:50a ET Friday, January 6, 2017

Dear Friend of GATA and Gold:

Alasdair Macleod: Fiat money quantity breaks $15 trillion

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, January 5, 2017

Bullion Star posts primer on China's especially secretive gold reserves

Section: Daily Dispatches

10:25a ET Thursday, January 5, 2017

Dear Friend of GATA and Gold:

Bullion Star's latest primer on central bank gold reserves is about China's, which, Bullion Star notes, are among the world's most secret. The primer is posted here:

https://www.bullionstar.com/gold-university/central-bank-gold-policies-p...

CHRIS POWELL, Secretary/Treasurer

China's choices narrowing as it burns through FX reserves to support yuan

Section: Daily Dispatches

By Nichola Saminather
Reuters
Thursday, January 5, 2017

SINGAPORE -- As China's foreign exchange reserves threaten to tumble below the critical $3 trillion mark, the biggest fear for investors is not whether Beijing can continue to defend the yuan but whether it will set off a vicious cycle of more outflows and currency depreciation.

Bullion Star 'infographic' on gold ETFs shows how they undermine the gold price

Section: Daily Dispatches

4:03p ET Wednesday, January 4, 2017

Dear Friend of GATA and Gold:

Saville doesn't get it: Rig the gold price and you rig all prices

Section: Daily Dispatches

3:49p ET Wednesday, January 4, 2017

Dear Friend of GATA and Gold:

Manipulation of the gold market by investment banks, technical analyst Steve Saville writes this week in the Speculative Investor, is not necessarily long-term price suppression:

http://tsi-blog.com/2017/01/market-manipulation-is-not-price-suppression/

'Audit the Fed' bill gets new push under Trump

Section: Daily Dispatches

By Peter Schroeder
The Hill, Washington, D.C.
Wednesday, January 4, 2017

Controversial legislation to subject the Federal Reserve's monetary policy powers to outside scrutiny is getting new life in Washington.

Rep. Thomas Massie, R-Ky., and Sen. Rand Paul, R-Ky., have re-introduced legislation to "audit the Fed" after a similar effort stalled in the last Congress.

U.S. LIBOR breaks above 1 percent for first time since 2009

Section: Daily Dispatches

By Richard Leong and Dan Burns
Reuters
Wednesday, January 4, 2017

The rate banks charge each other to borrow dollars for three months rose above 1 percent today for the first time since May 2009 as global interest rates extend their climb on expectations of accelerating growth and inflation.

Pages