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Daily Dispatches
Japan's problems foreshadow the West's, Embry tells King World News
Submitted by cpowell on Tue, 2016-09-20 16:18 Section: Daily Dispatches4:18p ET Tuesday, September 20, 2016
Dear Friend of GATA and Gold:
In an interview today with King World News, Sprott Asset Management's John Embry says Japan's problems foreshadow the West's: a "staggering government debt burden in conjunction with a moribund economy as well as a shrinking, aging, xenophobic population." An excerpt from the interview is posted at KWN here:
Swiss gold exports down 7% on year to 160 metric tonnes in August, four-month low
Submitted by cpowell on Tue, 2016-09-20 13:37 Section: Daily DispatchesBy George King Cassell
Platt's, London
Tuesday, September 20, 2016
Gold exports from Switzerland totaled 160 metric tonnes in August, down 7 percent from 172 metric tonnes a year earlier, Swiss federal customs data showed today.
Bitcoin is money, U.S. judge says in case tied to JPMorgan hack
Submitted by cpowell on Mon, 2016-09-19 21:10 Section: Daily DispatchesSounds like this logic would recognize gold as money too.
* * *
By Jonathan Stempel
Reuters
Monday, September 18, 2016
NEW YORK -- Bitcoin qualifies as money, a federal judge ruled on today in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co. and other companies.
GATA Chairman Murphy discusses silver's threat to gold price suppression
Submitted by cpowell on Mon, 2016-09-19 19:55 Section: Daily Dispatches7:54p ET Monday, September 19, 2016
Dear Friend of GATA and Gold:
Ken Ameduri of Crush The Street today interviews GATA Chairman Bill Murphy about silver's threat to the central bank gold price suppression scheme. The interview is 15 minutes long and can be heard at Crush the Street here:
Turk asks: What will be the Fed's excuse this time for not raising rates?
Submitted by cpowell on Mon, 2016-09-19 19:03 Section: Daily Dispatches7p ET Monday, September 19, 2016
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk tells King World News today that this week's meeting of the Federal Open Market Committee will be interesting not for any increase in interest rates but for the committee's explanation for again declining to raise rates. An excerpt from the interview is posted at KWN here:
South Africa's top gold miner isn't afraid to say President Zuma 'has to go'
Submitted by cpowell on Mon, 2016-09-19 17:27 Section: Daily DispatchesBy Danielle Bochove, Kevin Crowley, and Millie Munshi
Bloomberg News
Monday, September 19, 2016
South Africa's President Jacob Zuma "has to go," with poor governance deterring prospective investors, according to the head of Sibanye Gold Ltd., the biggest producer of South African bullion.
Monetary forum's 'Seven Ages of Gold' report sees metal regaining status
Submitted by cpowell on Mon, 2016-09-19 11:10 Section: Daily DispatchesSeven Ages of Gold
From the Official Monetary and Financial Institutions Forum, London
Monday, September 19, 2016
http://www.omfif.org/analysis/press-releases/seven-ages-of-gold/
Greyerz and Leeb comment on gold at King World News
Submitted by cpowell on Sun, 2016-09-18 19:02 Section: Daily Dispatches7p ET Sunday, September 18, 2016
Dear Friend of GATA and Gold:
At King World News, gold fund manager Egon von Greyerz predicts that the euro won't survive, driving Europeans into gold:
http://kingworldnews.com/greyerz-the-roadmap-to-a-staggering-10000-gold-...
Funds dump gold at fastest pace since May as Fed outlook shifts
Submitted by cpowell on Sun, 2016-09-18 18:47 Section: Daily DispatchesBy Joe Deaux
Bloomberg News
Sunday, September 18, 2016
Gold investors seem to agree: Don't fight the Federal Reserve.
Gold miners stick close to home in hunt for more metal
Submitted by cpowell on Sun, 2016-09-18 10:21 Section: Daily DispatchesBy Susan Taylor and Nicole Mordant
Reuters
Sunday, September 18, 2016
The world's biggest gold miners are taking a cautious approach in their hunt for bullion, spending more money to explore around existing mines rather than new territory in a strategy that may have short-term gains but risks future production growth.