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Daily Dispatches
TF Metals Report interviews founder of Allocated Bullion Exchange
Submitted by cpowell on Fri, 2015-04-24 16:24 Section: Daily Dispatches4:24p ET Friday, April 24, 2015
Dear Friend of GATA and Gold:
Tom Coughlin, the founder of a new physical gold exchange, the Allocated Bullion Exchange, which aims to compete with the paper pushers in London and New York, is interviewed today by the TF Metals Report:
http://www.tfmetalsreport.com/podcast/6794/update-bullion-capital-ceo-to...
CHRIS POWELL, Secretary/Treasurer
Epoch Times: China uses gold to pursue global power
Submitted by cpowell on Fri, 2015-04-24 16:14 Section: Daily Dispatches4:13p ET Friday, April 24, 2015
Dear Friend of GATA and Gold:
Venezuela pawns nearly $1 billion in gold reserves
Submitted by cpowell on Fri, 2015-04-24 11:46 Section: Daily DispatchesBy Blanca Vera Azaf
El Nacional, Caracas
Friday, April 24, 2015
(via Google Translator)
http://www.el-nacional.com/economia/BCV-empeno-oro-reservas-millardo_0_6...
South African gold miners union plans to demand wage hikes of 75%
Submitted by cpowell on Thu, 2015-04-23 20:55 Section: Daily DispatchesBy Ed Stoddard
Reuters
Thursday, April 23, 2015
JOHANNESBURG, South Africa -- South Africa's National Union of Mineworkers is planning to submit demands to the gold sector next week calling for a 75-percent hike in the basic pay for entry-level workers, according to union sources familiar with the matter.
Sprott said planning unsolicited bid for Canadian metals trusts
Submitted by cpowell on Thu, 2015-04-23 11:05 Section: Daily DispatchesBy Scott Deveau
Bloomberg News
Thursday, April 23, 2015
Sprott Asset Management LP is planning to make an unsolicited offer to acquire Central GoldTrust and Silver Bullion Trust valued at $800 million, a person with knowledge of the matter said.
Alasdair Macleod: Gold, the SDR, and BRICS
Submitted by cpowell on Thu, 2015-04-23 10:53 Section: Daily Dispatches10:53a ET Thursday, April 23, 2015
Dear Friend of GATA and Gold:
Lawrence Williams: Does any nation hold the gold it says it does?
Submitted by cpowell on Thu, 2015-04-23 10:40 Section: Daily Dispatches10:39a ET Thursday, April 23, 2015
Dear Friend of GATA and Gold:
Official central bank gold reserve figures as reported to the International Monetary Fund are at best unreliable and at worst active deceptions concealing market interventions, Mineweb's Lawrence Williams acknowledges today.
Deutsche Bank to pay record $2.5 billion to resolve LIBOR rigging
Submitted by cpowell on Thu, 2015-04-23 08:29 Section: Daily DispatchesBy Shane Strowmatt and Suzi Ring
Bloomberg News
Thursday, April 23, 2015
Deutsche Bank AG today was ordered to pay a record $2.5 billion fine and fire seven employees to settle U.S. and U.K. investigations into its role in manipulating Libor.
Swiss gold exports show Asia buying more as investors sell bars
Submitted by cpowell on Thu, 2015-04-23 08:19 Section: Daily DispatchesBy Eddie van der Walt
Bloomberg News
Thursday, April 23, 2015
China and India helped buy up investors' biggest gold sales in more than a year.
Deutsche Bank sets aside E1.5 billion as Libor settlement looms
Submitted by cpowell on Wed, 2015-04-22 20:07 Section: Daily DispatchesBy James Shotter
Financial Times, London
Wednesday, April 22, 2015
Deutsche Bank will take a litigation charge of "approximately E1.5 billion," it said on Wednesday as the German lender nears settlement of claims that it tried to manipulate interbank lending rates.
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