You are here
Daily Dispatches
King Report: Central planners fear their liquidity moving into gold
Submitted by cpowell on Fri, 2015-09-25 08:44 Section: Daily DispatchesBy Bill King
The King Report
M. Ramsey King Securities, Burr Ridge, Illinois
Friday, September 25, 2015
http://www.mramseyking.com/king-report
The most intriguing aspect of trading on Thursday was the surge in precious metals while stocks tumbled and the dollar declined modestly.
Fed's Yellen gets medical attention after struggling with speech
Submitted by cpowell on Fri, 2015-09-25 08:30 Section: Daily DispatchesBy Jonathan Spicer and Svea Herbst-Bayliss
Reuters
Friday, September 25, 2015
AMHERST, Massachusetts -- Federal Reserve Chair Janet Yellen received medical attention on Thursday after coughing, pausing, and struggling to finish a speech in which she said the U.S. central bank was on track to raise interest rates this year for the first time in nearly a decade.
The Philippines -- another rich country insisting on being poor
Submitted by cpowell on Thu, 2015-09-24 23:18 Section: Daily Dispatches11:27p ET Thursday, September 24, 2015
Dear Friend of GATA and Gold:
The New York Times today published an interesting report about an exhibition in Manhattan of artistic gold relics from the Philippines. The first two paragraphs are appended, along with a link to the full report.
Dave Kranzler: The gold supply on the LBMA is extremely tight
Submitted by cpowell on Thu, 2015-09-24 22:41 Section: Daily Dispatches10:40p ET Thursday, September 24, 2015
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics reports tonight that backwardation in gold and silver in the London market indicates tight supplies at current prices.
Pat Heller: What is the risk that delayed physical silver deliveries could default?
Submitted by cpowell on Thu, 2015-09-24 19:31 Section: Daily Dispatches7:30p ET Thursday, September 24, 2015
Dear Friend of GATA and Gold:
In commentary in Coin Week, veteran coin and bullion dealer Patrick A. Heller advises monetary metals buyers how to handle high premiums and delivery delays. Heller's commentary is headlined "What Is the Risk that Delayed Physical Silver Deliveries Could Default?" and it's posted at Coin Week here:
Mistaken for Bundesbank, Deutsche Bank saved on funding costs
Submitted by cpowell on Thu, 2015-09-24 14:57 Section: Daily Dispatches"Mistaken"?
* * *
By Nicholas Comfort
Bloomberg News
Wednesday, September 23, 2015
Deutsche Bank AG has benefited from lower funding costs in part because investors confused it with Germany's central bank, said Stefan Krause, a member of the company's management board.
Chris Giles: In cash we trust -- abolish it and you invite tyranny
Submitted by cpowell on Thu, 2015-09-24 14:49 Section: Daily DispatchesBy Chris Giles
Financial Times, London
Wednesday, September 23, 2015
http://www.ft.com/intl/cms/s/0/ffdb3034-610e-11e5-9846-de406ccb37f2.html
David Bryan: Fed, central banks trapped -- gold is foundation of Exter's Pyramid
Submitted by cpowell on Thu, 2015-09-24 14:03 Section: Daily Dispatches2p ET Thursday, September 24, 2015
Dear Friend of GATA and Gold:
Alasdair Macleod: From ZIRP to NIRP
Submitted by cpowell on Thu, 2015-09-24 13:35 Section: Daily Dispatches1:34p ET Thursday, September 24, 2015
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod today nails the madness of the increasing contemplation by central bankers of a policy of negative interest rates.
Price suppression ends if buyers take delivery, Swiss refiner tells Physical Gold Fund
Submitted by cpowell on Wed, 2015-09-23 21:20 Section: Daily Dispatches9:19p ET Wednesday, September 23, 2015
Dear Friend of GATA and Gold: