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Daily Dispatches
Bank of England warns UK's elected officials that it runs the country
Submitted by cpowell on Fri, 2016-10-14 17:23 Section: Daily DispatchesCarney: Bank of England Will Tolerate Higher Inflation for the Sake of Growth
By Szu Ping Chan and Tim Wallace
The Telegraph, London
Friday, October 14, 2016
The Bank of England is prepared to tolerate higher inflation over the next few years and will keep interest rates low to support economic growth, according to Governor Mark Carney.
China moves closer to coming off U.S. currency watch list
Submitted by cpowell on Fri, 2016-10-14 17:16 Section: Daily DispatchesBy Shawn Donnan
Financial Times, London
Friday, October 15, 2016
The Obama administration has taken a step toward dropping China from a U.S. currency manipulation watchlist even as Republican candidate Donald Trump promises to declare Beijing a manipulator on Day 1 of his presidency.
Perth Mint 'tests out' Indian gold import excise abuse
Submitted by cpowell on Fri, 2016-10-14 17:10 Section: Daily DispatchesBy Paul Garvey
The Australian, Sydney
Saturday, October 15, 2016
The Perth Mint sent an estimated $1 billion worth of gold to India for refining without the apparent consent of its Australian customers, with the West Australian government-owned refiner being dragged into a court case examining the alleged abuse of an Indian excise rebate scheme.
PhD thesis stirs up a $1 billion gold-price trial for global banks
Submitted by cpowell on Fri, 2016-10-14 08:32 Section: Daily DispatchesBy Andrew Burrell
The Australian, Sydney
Friday, October 14, 2016
http://www.theaustralian.com.au/business/mining-energy/phd-thesis-stirs-...
Gold prices in India go to premium for first time this year
Submitted by cpowell on Thu, 2016-10-13 16:23 Section: Daily DispatchesGold Prices Just Did Something They Haven't Done All Year
By Dave Forest
OilPrice.com, London
Thursday, October 13, 2016
Finally the global gold market is getting some good news from its top consuming nation -- India.
Reports this week suggest that something very unusual has just happened with India's local gold prices: They've jumped to a premium above worldwide bullion prices.
Alasdair Macleod: How not to manage a currency
Submitted by cpowell on Thu, 2016-10-13 11:11 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, October 13, 2016
Make no mistake, sterling's collapse is a very serious development, and has serious consequences for sterling interest rates.
It's getting harder to deny intervention against gold, Embry tells KWN
Submitted by cpowell on Wed, 2016-10-12 17:02 Section: Daily Dispatches5:03p ET Wednesday, October 12, 2016
Dear Friend of GATA and Gold:
It's becoming difficult if not impossible for a rational observer to deny government intervention against gold and silver in the monetary metals markets, Sprott Asset Management's John Embry tells King World News today. An excerpt from the interview is posted at KWN here:
LBMA chooses tech firms for new trade reporting
Submitted by cpowell on Wed, 2016-10-12 08:28 Section: Daily DispatchesLondon Gold Market Boosts Transparency with New Platform
By Henry Sanderson
Financial Times, London
Wednesday, October 12, 2016
The London Bullion Market Association, which oversees the city's $5-trillion gold market, has named the financial technology firms that will run its electronic platform in an effort to bolster trading transparency for the precious metal.
Susan Sanders, wife of monetary metals advocate Franklin Sanders, dies
Submitted by cpowell on Tue, 2016-10-11 21:53 Section: Daily Dispatches9:54p ET Tuesday, October 11, 2016
Dear Friend of GATA and Gold:
Former U.S. Housing and Urban Development Assistant Secretary and former GATA board member Catherine Austin Fitts today reports the death of Susan Sanders, wife of bullion dealer, financial letter writer, monetary metals advocate and resistance leader, and pastor Franklin Sanders at their home in Westpoint, Tennessee:
Market Slant: What happens next in antitrust suit against London gold fix banks
Submitted by cpowell on Tue, 2016-10-11 20:55 Section: Daily Dispatches8:56p ET Tuesday, October 11, 2016
Dear Friend of GATA and Gold:
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