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Daily Dispatches
William Pesek: Is China preparing for currency war
Submitted by cpowell on Fri, 2015-02-06 08:44 Section: Daily DispatchesBy William Pesek
Bloomberg News
Friday, February 6, 2015
China has entered the global monetary-easing fray, along with more than a dozen other economies, after its central bank surprised investors by cutting reserve requirements 50 basis points to spur lending and combat deflation. But Beijing may be raring for an even bigger and more perilous fight -- in the currency markets.
Federal Reserve fires back at Rand Paul
Submitted by cpowell on Thu, 2015-02-05 23:06 Section: Daily DispatchesBy Kevin Cirilli
The Hill, Washington
Thursday, February 5, 2015
The Federal Reserve is lashing out at Sen. Rand Paul's plan to give Congress more oversight over the central bank, a proposal that could gain traction in the new Republican-led Congress.
Obituary and funeral details for Got Gold Report's Gene Arensberg
Submitted by cpowell on Thu, 2015-02-05 21:29 Section: Daily Dispatches9:30p ET Thursday, February 5, 2015
Dear Friend of GATA and Gold:
Koos Jansen: Gold repatriation concerns in Belgium?
Submitted by cpowell on Thu, 2015-02-05 10:12 Section: Daily Dispatches10:11a ET Thursday, February 5, 2015
Dear Friend of GATA and Gold:
Bullion Star market analyst and GATA consultant Koos Jansen today notes conflicting reports about gold reserve repatriation by Belgium. In any case, Jansen writes, central banks seem to be getting more concerned about the security of their foreign-vaulted gold. His commentary is posted at Bullion Star here:
Germany's gold repatriation campaign celebrated in long profile by Bloomberg News
Submitted by cpowell on Thu, 2015-02-05 09:04 Section: Daily Dispatches9a ET Thursday, February 5, 2015
Dear Friend of GATA and Gold:
Gold imports by India are said to surge this year as curbs are scrapped
Submitted by cpowell on Wed, 2015-02-04 17:40 Section: Daily DispatchesBy Vrishti Beniwal and Swansy Afonso
Bloomberg News
Wednesday, February 4, 2015
Gold imports by India, the world's second-biggest user, jumped in the first 10 months of this financial year as the government eased curbs on overseas purchases.
Congress indignant: Why aren't our pots calling those kettles black?
Submitted by cpowell on Wed, 2015-02-04 14:29 Section: Daily DispatchesStrong Dollar Revives Old Currency Angst
By Shawn Donnan
Financial Times, London
Wednesday, February 4, 2015
WASHINGTON -- When Jack Lew, the US Treasury secretary, sits down on Thursday to brief the august members of the Senate finance committee on the president’s 2016 budget and plans for tax reform he will be bracing himself for a barrage of questions on at least one other subject.
Bank of Montreal gold product takes aim at big ETF market, new investors
Submitted by cpowell on Wed, 2015-02-04 08:17 Section: Daily DispatchesBy Mary Nicholson
Reuters
Wednesday, February 4, 2015
Bank of Montreal has launched a new way for investors to buy physical gold, offering greater security than private storage while going head to head with the $60 billion exchange-traded fund industry.
Mark O'Byrne: New gold fix to be run by Western and Chinese banks, still not transparent
Submitted by cpowell on Tue, 2015-02-03 21:18 Section: Daily Dispatches9:15p ET Tuesday, February 3, 2015
Dear Friend of GATA and Gold:
Don't get excited about the possibility that the inclusion of Chinese banks in the new mechanism for developing an international gold price benchmark in London will diminish manipulation of the gold market. That's the advice from GoldCore's Mark O'Byrne, who writes today:
Got Gold Report's Gene Arensberg dies
Submitted by cpowell on Tue, 2015-02-03 20:20 Section: Daily Dispatches8:19p ET Tuesday, February 3, 2015
Dear Friend of GATA and Gold:
Our dear friend Gene Arensberg, publisher of the Got Gold Report --
-- died yesterday at Houston Methodist Hospital as a result of complications from lung transplant surgery undertaken in September.
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