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Daily Dispatches
ECB cuts rates, increases asset buys more than expected
Submitted by cpowell on Thu, 2016-03-10 08:53 Section: Daily DispatchesBy Balazs Koranyi and Francesco Canepa
Reuters
Thursday, March 10, 2016
FRANKFURT, Germany -- The European Central Bank cut all three of its interest rates and expanded its asset-buying program today, delivering a bigger-than-expected cocktail of actions to boost the economy and stop ultra-low inflation becoming entrenched.
Why poor man's gold may be about to get more investor love
Submitted by cpowell on Thu, 2016-03-10 08:42 Section: Daily DispatchesRanjeetha Pakiam and Eddie Van Der Walt
Bloomberg News
Thursday, March 10, 2016
Silver hasn't been so cheap relative to gold for more than seven years and with mine supplies forecast to contract this year that may be a sign it’s ready to come out of the yellow metal's shadow.
Indian government calls meeting on gold monetization scheme's lack of success
Submitted by cpowell on Wed, 2016-03-09 20:41 Section: Daily DispatchesGovernment Calls Meeting to Review Gold Monetization Scheme
By Rajesh Bhayani
Business Standard, New Delhi
Wednesday, March 9, 2016
New Gold hedges nearly all its remaining 2016 gold output
Submitted by cpowell on Wed, 2016-03-09 20:24 Section: Daily DispatchesFrom Reuters
Wednesday, March 9, 2016
New Gold Inc. has hedged nearly all of its remaining 2016 gold production to ensure cash flow for its Rainy River project, the company said, an unusually large amount for a miner after bullion made its biggest rally in 4 1/2 years.
Jaco Schipper: Why the allocated status of the ECB's gold is so important
Submitted by cpowell on Tue, 2016-03-08 16:43 Section: Daily Dispatches4:42p ET Tuesday, March 8, 2016
Dear Friend of GATA and Gold:
Our friend the Dutch economist Jaco Schipper, who four years ago discovered the acknowledgement by a former president of the Bank for International Settlements that the gold market long had been rigged by central banks at the behest of the United States --
Epoch Times interviews Willem Middelkoop on China's gold strategy
Submitted by cpowell on Tue, 2016-03-08 10:48 Section: Daily Dispatches10:47a ET Tuesday, March 8, 2016
Dear Friend of GATA and Gold:
Koos Jansen: Shanghai Gold Exchange resumes publishing withdrawal data
Submitted by cpowell on Tue, 2016-03-08 09:56 Section: Daily Dispatches9:55a ET Tuesday, March 8, 2016
Dear Friend of GATA and Gold:
Hugo Salinas Price: Remember 'the Greening of America'? It destroyed industry
Submitted by cpowell on Mon, 2016-03-07 20:33 Section: Daily Dispatches8:31p ET Monday, March 7, 2016
Dear Friend of GATA and Gold:
Embry: Many expect another smash but gold still may be cheaper than ever
Submitted by cpowell on Mon, 2016-03-07 19:55 Section: Daily Dispatches7:53p ET Monday, March 7, 2016
Dear Friend of GATA and Gold:
South Africa gold firms get lift from weak rand, but risks lurk
Submitted by cpowell on Mon, 2016-03-07 14:32 Section: Daily DispatchesBy Ed Stoddard
Reuters
Monday, March 7, 2016
JOHANNESBURG, South Africa -- A sinking rand has sparked a buying spree and rerating of South African gold mining shares which have doubled in value in 2016, but the volatile currency is a double-edged sword that could cut the gains back down to size.
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