Daily Dispatches

Alasdair Macleod: As world economy sinks, more financial repression

Submitted by cpowell on Fri, 2015-02-20 13:58 Section: Daily Dispatches

1:58p ET Friday, February 17, 2015

Dear Friend of GATA and Gold:

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The Danish krone suppression scheme joins the gold suppression scheme

Submitted by cpowell on Fri, 2015-02-20 13:00 Section: Daily Dispatches

Denmark Ready to Impose Capital Controls to Protect Currency

By Mehreen Khan
The Telegraph, London
Friday, February 20, 2015

Denmark's central bank is ready to impose capital controls to stop the inflow of money that has threatened its currency peg with the euro.

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March date set for gold fix switch

Submitted by cpowell on Thu, 2015-02-19 16:37 Section: Daily Dispatches

By Ese Erheriene
The Wall Street Journal
Thursday, February 19, 2015

The deadline for the gold fix to enter the digital age is nearing.

The London Bullion Market Association said today that the gold benchmark will be set via an electronic platform managed by ICE Benchmark Administration beginning on March 20.

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Gold is cheaper in real terms now than it was in 2002, von Greyerz says

Submitted by cpowell on Thu, 2015-02-19 16:26 Section: Daily Dispatches

4:25p ET Thursday, February 19, 2015

Dear Friend of GATA and Gold:

Swiss gold fund manager Egon von Greyerz tells King World News today that gold is cheaper today in real terms than it was at $300 in 2002 even as the monetary metal has become far more strategic in international affairs. An excerpt from his interview is posted at the KWN blog here:

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Koos Jansen: Why do mainstream analysts distort, minimize China gold demand?

Submitted by cpowell on Thu, 2015-02-19 10:54 Section: Daily Dispatches

10:54a ET Thursday, February 19, 2015

Dear Friend of GATA and Gold:

Read more about Koos Jansen: Why do mainstream analysts distort, minimize China gold demand?

Middelkoop and Macleod see a gold-based reset

Submitted by cpowell on Wed, 2015-02-18 17:12 Section: Daily Dispatches

5:10p ET Wednesday, February 18, 2015

Dear Friend of GATA and Gold:

Gold-based transformations of the world financial system are envisioned in two commentaries today, one by Willem Middlekoop, author of "The Big Reset," who writes today in Koos Jansen's space at Bullion Star a commentary headlined "A New Gold Standard in the Making":

Read more about Middelkoop and Macleod see a gold-based reset

RBI lifts ban on import of gold coins, medallions by banks

Submitted by cpowell on Wed, 2015-02-18 13:55 Section: Daily Dispatches

By the Press Trust of Inda
via The Times of India, Mumbai
Wednesday, February 18, 2015

MUMBAI -- The Reserve Bank of India today lifted the ban on imports of gold coins and medallions by banks and trading houses.

In a notification the RBI also said banks are permitted to import gold on consignment basis. Domestic sales will be, however, permitted against up-front payment only.