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Daily Dispatches
ECB's bazooka has not run out of ammunition, chief economist says
Submitted by cpowell on Fri, 2016-03-18 11:23 Section: Daily DispatchesBy Szu Ping Chan
The Telegraph, London
Friday, March 18, 2016
The European Central Bank is prepared to slash interest rates deeper into negative territory if the economic outlook deteriorates, according to its chief economist.
India's gold paperizing scheme strains for its fourth tonne of metal
Submitted by cpowell on Fri, 2016-03-18 11:13 Section: Daily DispatchesMumbai's Siddhivinayak Temple to Mobilize Gold as India Scrambles to Cut Imports
By Rajendra Jadhav, Sankalp Phartiyal, Neha Dasgupta, and Krishna N. Das
Reuters
Friday, March 18, 2016
Financial letter writer, mining investor Ian McAvity dies
Submitted by cpowell on Fri, 2016-03-18 08:54 Section: Daily Dispatches8:53a ET Friday, March 18, 2016
Dear Friend of GATA and Gold:
Toronto-based financial letter writer and mining industry investor and executive Ian McAvity died this week, according to an announcement by Duncan Park Holdings Corp., which he served as president and chief executive officer:
Alasdair Macleod: The European Central Bank and John Law
Submitted by cpowell on Thu, 2016-03-17 21:33 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, March 17, 2016
Last week the European Central Bank extended its monetary madness, pushing deposit rates further into negative figures.
Ronan Manly: Venezuela's gold keeps moving to Switzerland
Submitted by cpowell on Wed, 2016-03-16 15:23 Section: Daily Dispatches3:20p ET Wednesday, March 16, 2016
Dear Friend of GATA and Gold:
Venezuela continues to ship its gold reserves to Switzerland as part of gold swap arrangements to finance the Venezuelan government, gold researcher Ronan Manly reports today, with 12 1/2 tonnes sent via Paris on March 8. Manly's report is posted at Bullion Star here:
Imagine how much they'd save if they NEVER went back to work
Submitted by cpowell on Wed, 2016-03-16 13:22 Section: Daily DispatchesVenezuela to Shut Down for a Week to Cope With Electricity Crisis
By Andrew Rosati
Bloomberg News
Wednesday, March 16, 2016
Venezuela is shutting down for a week as the government struggles with a deepening electricity crisis.
Ronan Manly's encyclopedia of the world's gold markets
Submitted by cpowell on Wed, 2016-03-16 13:13 Section: Daily Dispatches1:12p ET Wednesday, March 10, 2016
Dear Friend of GATA and Gold:
Munich Re stashes gold and cash to counter negative rates
Submitted by cpowell on Wed, 2016-03-16 13:01 Section: Daily DispatchesFrom Reuters
Wednesday, March 16, 2016
MUNICH, Germany -- German reinsurer Munich Re is boosting its gold and cash reserves in the face of the punishing negative interest rates from the European Central Bank, it said today.
Koos Jansen: China and Kazakhstan join forces in the gold market
Submitted by cpowell on Wed, 2016-03-16 12:55 Section: Daily Dispatches12:55p ET Wednesday, March 16, 2016
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen today reports signs of increasing cooperation in the gold market between China and Kazakhstan and other Asia nations. His report is headlined "Kazakhstan and China Join Forces in the Gold Market" and it's posted at Bullion Star here:
Moriarty says Rickards minimizes gold manipulation but Rickards actually emphasizes it
Submitted by cpowell on Tue, 2016-03-15 21:50 Section: Daily Dispatches10:03p ET Tuesday, March 15, 2016
Dear Friend of GATA and Gold:
No gold market analyst or mining stock tout is more determined to deny the manipulation of the gold market by central banks than Bob Moriarty, proprietor of 321Gold.com. Moriarty is always taking cracks, often gratuitous ones, at those who complain about that manipulation. But today Moriarty outdid himself.
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