You are here
Daily Dispatches
Low gold prices set off buying surge in UAE
Submitted by cpowell on Sun, 2014-11-16 10:36 Section: Daily DispatchesBy Manoj Nair
Gulf News, Dubai, United Arab Emirates
Sunday, November 16, 2014
Swiss National Bank chairman forswears 'tricks' to circumvent gold referendum
Submitted by cpowell on Sun, 2014-11-16 10:28 Section: Daily DispatchesSNB Head Says No Sovereign Fund for Gold if Referendum Passes
By Katharina Bart
Reuters
Sunday, November 16, 2014
ZURICH, Switzerland -- The chairman of the Swiss central bank ruled out creating a sovereign wealth fund to manage Switzerland's gold reserves if a referendum on banning the bank from selling them passes, according to a newspaper interview published on Sunday.
Koos Jansen: Who's feeding China's gold hunger?
Submitted by cpowell on Sat, 2014-11-15 21:28 Section: Daily Dispatches9:29p ET Saturday, November 15, 2014
Dear Friend of GATA and Gold:
Turk says mining shares have never been been cheaper, mining executives are clueless
Submitted by cpowell on Sat, 2014-11-15 13:42 Section: Daily Dispatches1:45p ET Saturday, November 15, 2014
Dear Friend of GATA and Gold:
In an hour-long interview with the TF Metals Report's Turd Ferguson, GoldMoney founder and GATA consultant James Turk says, among other things:
-- Shares of monetary metals mining companies have never been cheaper.
Swiss central bank could nullify gold initiative with overnight gold swaps
Submitted by cpowell on Sat, 2014-11-15 12:55 Section: Daily Dispatches12:58p ET Saturday, November 15, 2014
Dear Friend of GATA and Gold:
Zero Hedge reports today that a market analyst for Deutsche Bank has figured out an easy way for the Swiss National Bank to nullify the Swiss Gold Initiative if it is approved at Switzerland's national referendum on November 30.
Iran said to open refinery as 'resistance,' doubling annual gold production
Submitted by cpowell on Sat, 2014-11-15 09:31 Section: Daily DispatchesFrom The Associated Press
via ABC News, New York
Saturday, November 15, 2014
http://abcnews.go.com/International/wireStory/report-iran-opens-gold-pla...
Iranian state television is reporting that the country has inaugurated a new gold-processing plant that will double the country's annual production to 6 tons.
Confidence in central banks is fading and markets will rediscover gold, Stockman says
Submitted by cpowell on Fri, 2014-11-14 22:27 Section: Daily Dispatches10:28p ET Friday, November 14, 2014
Dear Friend of GATA and Gold:
Former U.S. budget director David Stockman tells King World News tonight that central banks are losing the confidence of the markets and eventually the markets will rediscover a currency more reliable than anything printed by central banks -- gold. An excerpt from the interview is posted at the KWN blog here:
Gold is part of Russia's defense against U.S., Celente tells KWN
Submitted by cpowell on Fri, 2014-11-14 20:36 Section: Daily Dispatches8:37p ET Friday, November 14, 2014
Dear Friend of GATA and Gold:
Russia's steady acquisition of gold is part of the nation's defense in the international currency war, where, in the Russian view, "all freely convertible currencies are today under American control." That's the outlook of trends forecaster Gerald Celente's new interview with King World News, posted at the KWN blog here:
Oil price slump to trigger new US debt default crisis as OPEC waits
Submitted by cpowell on Fri, 2014-11-14 20:30 Section: Daily DispatchesBy Andrew Critchlow
The Telegraph, London
Friday, November 14, 2014
Remember the global financial crisis, triggered six years ago when billions of dollars of dodgy loans -- doled out by banks to subprime borrowers and then resold numerous times on international debt markets -- began to unravel and default?
Jonathan Kosares: Gold capitulation? Not likely
Submitted by cpowell on Fri, 2014-11-14 20:20 Section: Daily Dispatches8:21p ET November 14, 2014
Dear Friend of GATA and Gold:
USAGold's Jonathan Kosares argues tonight that any "capitulation" in the gold market is more likely to occur with the paper shorts than with the metal longs, because the "herd money" is on the short side. Kosares' commentary is headlined "Gold Capitulation? Not Likely" and it's posted at USAGold here:
Pages
