You are here
Daily Dispatches
Koos Jansen: Huge gold offtake continues on Shanghai exchange
Submitted by cpowell on Sat, 2014-12-27 20:54 Section: Daily Dispatches8:53p ET Saturday, December 27, 2014
Dear Friend of GATA and Gold:
Two-year Japanese government bonds sold at negative yield for first time
Submitted by cpowell on Thu, 2014-12-25 10:20 Section: Daily DispatchesBy Shinichi Saoshiro
Reuters
Thursday, December 25, 2014
TOKYO -- Japanese two-year government bonds were sold for the first time at negative yields today, underlining strong demand for the debt under the Bank of Japan's qualitative and quantitative easing policy, through which it buys large amounts of short-term debt. ...
Assets in biggest gold bullion ETF tumble most since last year
Submitted by cpowell on Wed, 2014-12-24 12:29 Section: Daily DispatchesBy Millie Munshi and Phoebe Sedgman
Bloomberg News
Wednesday, December 24, 2014
Investors in the world's biggest exchange-traded product backed by bullion sold the most gold in 18 months as the U.S. economic recovery cut demand for a haven.
Deutsche Bank open to offers for London gold vault, sources tell Reuters
Submitted by cpowell on Wed, 2014-12-24 12:26 Section: Daily DispatchesBy Clara Denna
Reuters
Wednesday, December 24, 2014
LONDON -- Deutsche Bank is open to offers for its London-based gold vault following the closure of its physical precious metals business, three sources familiar with the matter said on Wednesday.
"If the right offer came along, then the bank would sell the London vault," one source close to the situation said.
New year will see massive money creation to avert deflation, von Greyerz says
Submitted by cpowell on Wed, 2014-12-24 11:12 Section: Daily Dispatches11:10a ET Wednesday, December 14, 2014
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz today gives King World News his predictions for 2015, and they include massive money creation by central banks to stave off deflation:
http://kingworldnews.com/2015-will-year-surprise-panic-desperation-radic...
CHRIS POWELL, Secretary/Treasurer
Patrick Heller: Eagles aren't the best way to own silver
Submitted by cpowell on Wed, 2014-12-24 10:55 Section: Daily Dispatches10:55a ET Wednesday, December 24, 2014
Dear Friend of GATA and Gold:
U.S. eagles and Canadian maples are not the best way to own silver because there's too much premium in the price, Patrick A. Heller of Liberty Coin Service in Lansing, Michigan, writes this week at Numismatic News.
New York Sun: Kaboom?
Submitted by cpowell on Tue, 2014-12-23 18:09 Section: Daily DispatchesFrom the New York Sun
Tuesday, December 23, 2014
"Kaboom! Dow 18K" is the headline atop the Drudge Report. It links to a story on the Bloomberg wire reporting that the Dow Jones Industrial Average "rallied past 18,000 for the first time, after data showed the world's largest economy grew at the fastest pace since 2003 last quarter."
Informal capital controls arrest Russian ruble's slide
Submitted by cpowell on Tue, 2014-12-23 10:20 Section: Daily DispatchesBy Darya Korsunskaya, Elena Fabrichnaya, and Lidia Kelly
Reuters
Tuesday, December 23, 2014
MOSCOW -- The Russian rouble hit its highest levels in two weeks on Tuesday, shored up by informal capital control measures designed to head off a repeat of the galloping inflation and mass protests that marked Russia's 1998 financial crisis.
Could Russia back its currency with gold?
Submitted by cpowell on Tue, 2014-12-23 08:47 Section: Daily DispatchesBy Matt Clinch
CNBC.com, New York
Tuesday, December 23, 2014
Russia's government could still be pushed into using its gold reserves to bolster the falling ruble, currency experts have forecast.
Russia raises gold reserves for eighth month, Ukraine cuts again
Submitted by cpowell on Tue, 2014-12-23 08:38 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Monday, December 22, 2014
Russia raised its gold reserves for the eighth month in a row in November, while Ukraine reduced its bullion holdings for a second straight month, according to International Monetary Fund data released on Tuesday.