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Daily Dispatches
China boosts gold reserves 1% in August, diversifying assets
Submitted by cpowell on Wed, 2015-09-30 11:12 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Wednesday, September 30, 2015
China boosted central bank gold holdings 1 percent as the country that rivals India as the world's largest bullion consumer seeks to diversify its foreign exchange reserves.
Shanghai gold withdrawals at record on signs of more demand
Submitted by cpowell on Wed, 2015-09-30 11:01 Section: Daily DispatchesFrom Bloomberg News
Wednesday, September 30, 3015
Investors have withdrawn a record amount of gold from the Shanghai Gold Exchange this year, adding to signs that demand in China is recovering after a stock market rout and a shock devaluation of the yuan.
GoldSeek Radio interviews GATA Chairman Bill Murphy
Submitted by cpowell on Tue, 2015-09-29 21:42 Section: Daily Dispatches9:40p ET Tuesday, September 29, 2015
Dear Friend of GATA and Gold:
Turk thinks Fed will let dollar fall to sustain stock prices
Submitted by cpowell on Tue, 2015-09-29 21:18 Section: Daily Dispatches9:17p ET Tuesday, September 29, 2015
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk tells King World News that he thinks the Federal Reserve will let the U.S. dollar sink to help sustain stock prices. An excerpt from the interview is posted at the KWN blog here:
http://kingworldnews.com/is-the-global-house-of-cards-finally-going-to-c...
Simon Black: What it means when gold sells at a negative price
Submitted by cpowell on Tue, 2015-09-29 20:43 Section: Daily Dispatches8:41p ET Tuesday, September 29, 2015
Dear Friend of GATA and Gold:
North Carolina House committee rejects teaching gold standard in high school
Submitted by cpowell on Tue, 2015-09-29 00:08 Section: Daily DispatchesBy Laura Leslie
WRAL-TV5, Raleigh, North Carolina
Monday, September 28, 2015
RALEIGH, North Carolina -- The state House Rules Committee voted Monday to remove a proposed requirement that high school students be taught about the gold standard.
Bank of England investigated for rigging markets, covering up for banks
Submitted by cpowell on Mon, 2015-09-28 19:41 Section: Daily DispatchesBut that's only what central banks were created to do.
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Fraud Probe into Bank of England Guidance in Emergency Auctions
By Caroline Binham and Lindsay Fortado
Financial Times, London
Monday, September 28, 2015
Zero Hedge: UBS is about to blow the cover on a massive gold-rigging scandal
Submitted by cpowell on Mon, 2015-09-28 13:28 Section: Daily DispatchesFrom Zero Hedge
Monday, September 28, 2015
Embry mocks disinformation at Kitco, cites pervasive corruption
Submitted by cpowell on Mon, 2015-09-28 12:36 Section: Daily Dispatches12:35p ET Monday, September 28, 2015
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry, interviewed today by King World News, mocks the usual disinformation from Kitco News and cites the Volkswagen scandal as emblematic of the corruption pervading the world. His interview is excerpted at the KWN blog here:
It's all 'perverted' now as U.S. swap spreads tumble below zero
Submitted by cpowell on Mon, 2015-09-28 08:43 Section: Daily DispatchesBy Liz McCormick
Bloomberg News
Monday, September 28, 2015
At the height of the financial crisis, the unprecedented decline in swap rates below Treasury yields was seen as an anomaly. The phenomenon is now widespread.