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Daily Dispatches

China is likely capping Comex gold to facilitate metal's eastward flow

Section: Daily Dispatches

8:43p ET Tuesday, February 16, 2016

Dear Friend of GATA and Gold:

Wait a minute, Goldman Sachs -- Didn't FDR revalue gold upward by 70%?

Section: Daily Dispatches

Goldman Channels FDR's 'Nothing to Fear' With Sell Gold Call

By Ranjeetha Pakiam and Jasmine Ng
Bloomberg News
Tuesday, February 16, 2016

Ambrose Evans-Pritchard: German 'bail-in' plan for govt. bonds risks blowing up the euro

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, February 15, 2016

A new German plan to impose "haircuts" on holders of eurozone sovereign debt risks igniting an unstoppable European bond crisis and could force Italy and Spain to restore their own currencies, a top adviser to the German government has warned.

Turk tells KWN why silver's charts hint at spectacular rise

Section: Daily Dispatches

2:06p ET Monday, February 15, 2016

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk today explains to King World News why price charts suggest that the price of silver is likely to soar:

http://kingworldnews.com/despite-todays-pullback-in-the-metals-a-jaw-dro...

CHRIS POWELL, Secretary/Treasurer

Major central banks tear up interest rate plans as market turmoil forces them into reverse

Section: Daily Dispatches

By Peter Spence
The Telegraph, London
Saturday, February 13, 2016

The world's most powerful central banks will be forced to tear up their plans following the carnage that has engulfed financial markets since the beginning of the year.

Fed's 'dot plot' looks increasingly out of touch on rates

Section: Daily Dispatches

By Ann Saphir
Reuters
Sunday, February 14, 2016

The Federal Reserve's rate path "dot plot" has become increasingly detached from financial markets' interest-rate projections and risks sending an overly hawkish message that may undermine the central bank's credibility.

Investors are flocking to gold like there's no tomorrow

Section: Daily Dispatches

By Lauren Gensler
Forbes magazine, New York
Friday, February 12, 2016

Gold is having a moment.

The precious metal surged 6% this week, and is up 16% this year, as global market turmoil has prompted nervous investors to rush into what they view as a safe haven investment.

Chinese start to lose confidence in their currency

Section: Daily Dispatches

By Keith Bradsher
The New York Times
Saturday, February 13, 2016

HONG KONG -- As the Chinese economy stumbles, wealthy families are increasingly trying to move large sums of money out of the country, worried that the value of the currency will fall and their savings will be worth less.

Allister Heath: This crisis has been caused by arrogant central banks

Section: Daily Dispatches

By Allister Heath
The Telegraph, London
Thursday, February 11, 2016

An interview with George Taber, author of 'Chasing Gold'

Section: Daily Dispatches

12:10p ET Friday, February 12, 2016

Dear Friend of GATA and Gold:

The enduring power of gold as money is recounted in an interview done this week by the University of Pennsylvania's Wharton School of Business with George M. Taber, a former business editor of Time magazine and author of the recent book "Chasing Gold: The Incredible Story of How the Nazis Stole Europe's Bullion."

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