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Daily Dispatches
China to allow direct conversion between yuan and Swiss franc
Submitted by cpowell on Mon, 2015-11-09 11:17 Section: Daily DispatchesBy Fion Li
Bloomberg News
Monday, November 9, 2015
China took another step to boost the yuan's global usage, saying it will start direct trading with the Swiss franc, as the nation pushes its case for reserve-currency status at the International Monetary Fund.
Reuters: European Central Bank may push interest rates more negative
Submitted by cpowell on Mon, 2015-11-09 11:14 Section: Daily DispatchesECB Rate Setters Converge on December Deposit Rate Cut
By Paul Taylor and Balazs Koranyi
Reuters
Monday, November 9, 2015
A consensus is forming at the European Central Bank to take the interest rate it charges banks to park money deeper into negative territory in December, four governing council members said, a move that could weaken the euro and push up inflation.
Join GATA at the Silver Summit in San Francisco Nov. 23-24
Submitted by cpowell on Sun, 2015-11-08 14:59 Section: Daily Dispatches3p ET Sunday, November 8, 2015
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy and Board of Directors member Ed Steer will be among many speakers of interest to GATA supporters at the 2015 Silver Summit and Resource Expo, co-sponsored by Cambridge House and Katusa Research, to be held Monday and Tuesday, November 23 and 24, at the Park Central Hotel in beautiful San Francisco.
Sean Fieler: Competition for the Fed's money monopoly
Submitted by cpowell on Sat, 2015-11-07 18:32 Section: Daily DispatchesBy Sean Fieler
The Wall Street Journal
Sunday, November 1, 2015
http://www.wsj.com/articles/competition-for-the-feds-money-monopoly-1446...
History suggests that the only way to rein in the sprawling Federal Reserve is to end its money monopoly and restore the American people's ability to use gold as a competing currency.
Merge or die, major gold miners told by Randgold's Bristow
Submitted by cpowell on Sat, 2015-11-07 16:59 Section: Daily DispatchesBy Thomas Biesheuvel
Business Day, Johannesburg, South Africa
Friday, November 6, 2015
LONDON -- The biggest gold miners, weighed down by record debt and with prices near a five-year low, will have to merge with others to survive, according to Randgold Resources, the best-performing producer of the metal in the past 10 years.
Koos Jansen: The LBMA conference and the 'confusion' about gold round-tripping
Submitted by cpowell on Sat, 2015-11-07 14:10 Section: Daily Dispatches2:10p ET Saturday, November 7, 2015
Dear Friend of GATA and Gold:
Comex gold data doesn't matter; only central bank gold data does, and it's top-secret
Submitted by cpowell on Fri, 2015-11-06 11:44 Section: Daily Dispatches11:45a ET Friday, November 6, 2015
Dear Friend of GATA and Gold:
Alasdair Macleod: The end-point in financial credit
Submitted by cpowell on Thu, 2015-11-05 20:53 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, November 5, 2015
Since the 1980s markets have had to adapt to a world of infinite credit.
China's gold investment at risk as Beijing frees yuan
Submitted by cpowell on Thu, 2015-11-05 10:41 Section: Daily DispatchesBy Clara Denina
Reuters
Thursday, November 5, 2015
LONDON -- Appetite for gold in China, which accounts for one fifth of global investment demand, could fall in the long term as the country moves to free the yuan, enabling savers to gain direct access to foreign stocks or bonds.
Indian govt. tells people: Deposit your gold with us so we can drive its price down
Submitted by cpowell on Thu, 2015-11-05 10:37 Section: Daily DispatchesIndia's Gold Stash Dwarfs Fort Knox Hoard and Modi Wants It
By Swansy Afonso and Vrishti Beniwal
Bloomberg News
Thursday, November 5, 2015
There's about 20,000 metric tons of gold stashed away in India's temples and households -- more than four times the amount held in Fort Knox in Kentucky -- and Narendra Modi wants to get his hands on it.
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