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Daily Dispatches
Vietnam devalues dong to protect exports, offset China's yuan action
Submitted by cpowell on Wed, 2015-08-19 08:49 Section: Daily DispatchesBy Ho Binh Minh
Reuters
Wednesday, August 19, 2015
HANOI, Vietnam -- Vietnam devalued the dong for the third time this year on Wednesday as authorities sought to support a languid export sector facing fresh challenges from a surprise devaluation of the Chinese yuan.
Cash-strapped Venezuela may sell gold, Citigroup says
Submitted by cpowell on Wed, 2015-08-19 08:26 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Wednesday, August 19, 2015
Countries facing cash shortages may be tempted to sell part of their gold reserves to raise funds, according to Citigroup Inc., which cited Venezuela as a potential example amid concern it may default.
Hugo Salinas Price: A flyspeck of gold
Submitted by cpowell on Tue, 2015-08-18 20:54 Section: Daily Dispatches8:54p ET Tuesday, August 18, 2015
Dear Friend of GATA and Gold:
Lawrence Williams: Is Asian gold demand really low or at an all-time high?
Submitted by cpowell on Tue, 2015-08-18 07:57 Section: Daily Dispatches7:57a ET Tuesday, August 18, 2015
Dear Friend of GATA and Gold:
Mining journalist Lawrence Williams writes today that Asian gold demand seems to be a lot higher than the World Gold Council maintains. Williams' commentary is headlined "Is Asian Gold Demand Really Low -- Or at an All-Time High?" and it's posted at his Internet site here:
Bron Suchecki: Demand-price disconnect
Submitted by cpowell on Tue, 2015-08-18 07:24 Section: Daily Dispatches7:23a ET Tuesday, August 16, 2015
Dear Friend of GATA and Gold:
Banks brace for billions in civil claims over forex rate rigging
Submitted by cpowell on Mon, 2015-08-17 21:41 Section: Daily DispatchesBy Emma Dunkley and Lindsay Fortado
Financial Times, London
Monday, August 17, 2015
Global banks are facing billions of pounds-worth of civil claims in London and Asia over the rigging of currency markets, following a landmark legal settlement in New York.
Please join GATA in New Orleans in October -- you really can't lose
Submitted by cpowell on Sun, 2015-08-16 15:16 Section: Daily Dispatches3:21p ET Sunday, August 16, 2015
Dear Friend of GATA and Gold:
Avery Goodman: The 'big long' gets bigger as Goldman, HSBC buy more gold
Submitted by cpowell on Fri, 2015-08-14 12:05 Section: Daily Dispatches12:05p ET Friday, August 14, 2015
Dear Friend of GATA and Gold:
On Keiser Report, GoldMoney's Macleod argues for gold over bank credit
Submitted by cpowell on Fri, 2015-08-14 08:22 Section: Daily Dispatches8:20a ET Friday, August 14, 2015
Dear Friend of GATA and Gold:
GoldMoney research director joins Max Keiser and Stacy Herbert on "The Keiser Report" this week, arguing that gold offers a better foundation for a monetary system than bank credit. The program is posted at the Russia Today Internet site here:
https://www.rt.com/shows/keiser-report/312323-episode-max-keiser-796/
Biggest South African gold miners unions say wage talks 'collapse'
Submitted by cpowell on Fri, 2015-08-14 08:06 Section: Daily DispatchesBy Paul Burkhardt
Bloomberg News
Friday, August 14, 2015
The two biggest unions at South African gold-mining companies said wage negotiations have broken down, bringing the industry closer to a strike.
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