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Daily Dispatches
Bron Suchecki: China's influence on gold is already very strong
Submitted by cpowell on Fri, 2015-10-16 21:46 Section: Daily Dispatches9:43p ET Friday, October 16, 2015
Dear Friend of GATA and Gold:
Perth Mint research director Bron Suchecki tonight disputes the assertion of USAGold's Mike Kosares, called to your attention yesterday --
China boosted gold reserves in September by nearly 1%
Submitted by cpowell on Fri, 2015-10-16 14:11 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Friday, October 16, 2015
China increased its gold holdings by nearly 1 percent in September even as total foreign exchange reserves dipped, central bank data showed today.
Gold reserves rose by 480,000 fine troy ounces, or 14.9 tonnes, to 54.93 million ounces, or 1,708.5 tonnes at the end of September, the People's Bank of China said.
There IS gold in Fort Knox -- 10 1933 Saint-Gaudens Double Eagles
Submitted by cpowell on Fri, 2015-10-16 08:25 Section: Daily DispatchesCourt Again Considers Fate of Seized Gold Coins Worth $80 Million
From The Associated Press
via Yahoo News
Wednesday, October 14, 2015
http://news.yahoo.com/court-again-considers-fate-seized-gold-coins-worth...
There are no markets anymore, just interventions -- in 20,000 words
Submitted by cpowell on Thu, 2015-10-15 20:05 Section: Daily Dispatches8:20p ET Thursday, October 15, 2015
Dear Friend of GATA and Gold:
Central banks pushed gold down to facilitate zero rates, Sprott says
Submitted by cpowell on Thu, 2015-10-15 16:25 Section: Daily Dispatches4:25p ET Thursday, October 15, 2015
Dear Friend of GATA and Gold:
Alasdair Macleod: Silver as money
Submitted by cpowell on Thu, 2015-10-15 16:11 Section: Daily Dispatches4:10p ET Thursday, October 15, 2015
Dear Friend of GATA and Gold:
Mike Kosares: 'Third wave' of crisis, Shanghai gold's ascent, and 'helicopter money'
Submitted by cpowell on Thu, 2015-10-15 15:37 Section: Daily Dispatches3:37p ET Thursday, October 15, 2015
Dear Friend of GATA and Gold:
Mike Kosares' latest News & Views letter has been posted at USAGold's Internet site, addressing what is supposed to be the "third wave" of the world financial crisis, the growing influence of the Chinese gold market in Shanghai, and speculation about "helicopter money." The letter is posted at USAGold's Internet site here:
Auditor calls Bank of England regulation bill 'unacceptable'
Submitted by cpowell on Thu, 2015-10-15 15:29 Section: Daily DispatchesBy Ferdinando Giugliano
Financial Times, London
Thursday, October 15, 2015
The head of Britain's spending watchdog has attacked "unacceptable" government plans to increase transparency at the Bank of England, saying they created a false impression of greater accountability.
Euro drops on hopes of more QE after ECB admits missing inflation target
Submitted by cpowell on Thu, 2015-10-15 12:18 Section: Daily DispatchesBy Mehreen Khan
The Telegraph, London
Thursday, October 15, 2015
The European Central Bank is missing its inflation target and will have to ramp up stimulus measures, according to the chief of Austria's central bank.
Britain's biggest banks to be forced to separate retail banks from investment arms
Submitted by cpowell on Thu, 2015-10-15 12:13 Section: Daily DispatchesBy Tim Wallace
The Telegraph, London
Thursday, October 15, 2015
Britain's biggest banks will have to run their retail banking operations as independent banks, almost entirely separate from their investment banking and overseas operations, as the Bank of England made it clear that there will be no relaxation of the incoming ring-fencing rules.
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