You are here
Daily Dispatches
Supervisors should not tell whole truth about bank health, Bundesbank economist warns
Submitted by cpowell on Thu, 2015-09-03 23:59 Section: Daily DispatchesBy Francesco Canepa
Reuters
Tuesday, September 1, 2015
Banking supervisors should withhold some information when they publish stress test results to prevent both bank runs and excessive risk taking by lenders, according to a paper co-authored by a Bundesbank economist.
Peter Cooper: Don't dismiss the EU investigation into alleged gold and silver price fixing
Submitted by cpowell on Thu, 2015-09-03 21:09 Section: Daily DispatchesBy Peter Cooper
Arabian Money, Dubai, United Arab Emirates
Thursday, September 3, 2015
Gold bugs are bemused by reports that the European Union competition watchdog is investigating alleged "anti-competitive behavior" by participants in the precious metals market.
Alasdair Macleod: The danger of eliminating cash
Submitted by cpowell on Thu, 2015-09-03 12:31 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Channel Islands
Thursday, September 3, 2015
n the early days of central banking, one primary objective of the new system was to take ownership of the public's gold, so that in a crisis the public would be unable to withdraw it.
Tightness reported in London gold market
Submitted by cpowell on Wed, 2015-09-02 16:30 Section: Daily DispatchesGold Demand from China and India Picks Up
By Henry Sanderson
Financial Times, London
Wednesday, September 2, 2015
London's gold market is showing tentative signs of increased demand for bullion from consumers in emerging markets, after the price of the precious metal fell to its lowest level in five years in July.
Lawrence Williams leaves MineWeb for Sharps Pixley and his own Internet site
Submitted by cpowell on Wed, 2015-09-02 08:14 Section: Daily Dispatches8:10a ET Wednesday, September 2, 2015
Dear Friend of GATA and Gold:
Lawrence Williams, who long has written for MineWeb and is among the few financial writers willing to acknowledge the evidence of central bank manipulation of the gold market, advises that his commentary is moving away from MineWeb.
NYPost's John Crudele: Why the Federal Reserve should be audited
Submitted by cpowell on Wed, 2015-09-02 08:06 Section: Daily DispatchesBy John Crudele
New York Post
Tuesday, September 1, 2015
It is time for a comprehensive audit of Janet Yellen's Federal Reserve -- and not just for the reasons presidential candidate Rand Paul and others have given.
Turk sees signs of turnaround for metals and silver's outperformance
Submitted by cpowell on Tue, 2015-09-01 20:22 Section: Daily Dispatches8:20p ET Tuesday, September 1, 2015
Dear Friend of GATA and Gold:
In an interview with King World News, GoldMoney founder James Turk sees indications that the bull market in gold and silver is about to resume that the silver will take the lead. The interview is excerpted at the King World News blog here:
New York Sun: Gold standard isn't as crazy as today's central banking
Submitted by cpowell on Mon, 2015-08-31 21:06 Section: Daily Dispatches9:05p ET Monday, August 31, 2015
Dear Friend of GATA and Gold:
Dubai gold retailer defaults on $136 million
Submitted by cpowell on Mon, 2015-08-31 10:11 Section: Daily DispatchesBy Stanley Carvalho and Tom Arnold
Reuters
Monday, August 31, 2015
DUBAI, United Arab Emirates -- A Dubai-based gold and jewellery retailer has defaulted on loans worth about 500 million dirhams ($136.2 million), with banks considering options including legal action to retrieve the money, four banking and trade sources told Reuters.
Zero Hedge: More foreign gold withdrawn from NY Fed in July
Submitted by cpowell on Sun, 2015-08-30 23:29 Section: Daily Dispatches11:28p ET Sunday, August 30, 2015
Dear Friend of GATA and Gold:
Zero Hedge reports today that foreign government gold continued to be withdrawn from the Federal Reserve Bank of New York in July, another 9.5 tonnes:
http://www.zerohedge.com/news/2015-08-30/2014-foreign-central-banks-have...
CHRIS POWELL, Secretary/Treasurer