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Daily Dispatches
Gold and currency market rigging controls the world, GATA secretary tells Daily Coin
Submitted by cpowell on Thu, 2015-12-10 13:52 Section: Daily Dispatches1:53p ET Thursday, December 10, 2015
Dear Friend of GATA and Gold:
China said to delay launch of yuan gold benchmark to April
Submitted by cpowell on Thu, 2015-12-10 13:28 Section: Daily DispatchesFrom Reuters
via The Times of India, Mumbai
Thursday, December 10, 2015
SINGAPORE -- China has delayed the launch of its yuan-denominated gold benchmark on the Shanghai Gold Exchange to next year, two sources familiar with the matter said.
Alasdair Macleod: Indian govt. aims to expropriate its people's gold
Submitted by cpowell on Thu, 2015-12-10 11:37 Section: Daily Dispatches11:35a ET Thursday, December 10, 2015
Dear Friend of GATA and Gold:
Chris Martenson: The screaming fundamentals for owning gold
Submitted by cpowell on Wed, 2015-12-09 15:17 Section: Daily Dispatches3:15p ET Wednesday, December 9, 2015
Dear Friend of GATA and Gold:
Bron Suchecki: China accelerates gold reserves accumulation
Submitted by cpowell on Wed, 2015-12-09 11:46 Section: Daily Dispatches11:49a ET Wednesday, December 9, 2015
Dear Friend of GATA and Gold:
China's recent announcements of additions to the gold reserves held by the People's Bank of China suggest an acceleration in gold accumulation, the Perth Mint's Bron Suchecki writes today.
Steve Forbes: The New York Times' leaden analysis of gold
Submitted by cpowell on Wed, 2015-12-09 11:28 Section: Daily DispatchesBy Steve Forbes
Forbes.com
Wednesday, December 9, 2015
The New York Times recently ran an article trashing the idea of a return to a gold standard:
http://www.gata.org/node/15986
A growing number of Republicans, including presidential hopeful Sen. Ted Cruz, advocate fixing the value of the dollar to gold.
Australian police raid Sydney home of reported bitcoin creator
Submitted by cpowell on Wed, 2015-12-09 08:45 Section: Daily DispatchesBy Byron Kaye and Colin Packham
Reuters
Wednesday, December 9, 2015
SYDNEY, Australia -- Australian police raided Wednesday the Sydney home and office of a man named by Wired magazine as the probable creator of bitcoin and holder of hundreds of millions of dollars worth of the cryptocurrency, Reuters witnesses said.
Bank of Canada wants to be ready with negative rates just in case
Submitted by cpowell on Tue, 2015-12-08 15:21 Section: Daily DispatchesBank of Canada Willing to Resort to Below-Zero Interest Rate in Major Economic Crisis, Poloz Says
By Drew Hasselback
National Post, Toronto
Tuesday, December 8, 2015
TORONTO, Canada -- The Bank of Canada would be willing to cut its benchmark interest rate to below zero percent if the country is faced with a major economic shock, says Stephen Poloz, governor of the Bank of Canada.
India's gold dealers and jewellers plan physical gold exchange
Submitted by cpowell on Tue, 2015-12-08 11:42 Section: Daily DispatchesIndian Industry Group to Launch First Physical Gold Exchange
By Rajendra Jadhav
Reuters
Tuesday, December 8, 2015
MUMBAI, India -- A bullion association in India is planning to launch the country's first physical gold trading exchange, in an attempt to bring transparency to the market for the precious metal in the world's second biggest consumer.
Anglo American cuts dividend and 85,000 jobs in 'radical' restructuring
Submitted by cpowell on Tue, 2015-12-08 11:34 Section: Daily DispatchesIt's OK. The company and all South Africa are happy to sacrifice through commodity price suppression to help maintain living standards in more developed countries.
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By Jon Yeomans
The Telegraph, London
Tuesday, December 8, 2015