You are here
Daily Dispatches
FT's Gillian Tett notes Greenspan's renewed endorsement of gold
Submitted by cpowell on Fri, 2014-11-21 13:53 Section: Daily DispatchesGold: Worth Its Weight?
By Gillian Tett
Financial Times, London
Friday, November 21, 2014
Russia, China will accuse U.S. of gold scam, bullion dealer tells KWN
Submitted by cpowell on Fri, 2014-11-21 11:00 Section: Daily Dispatches11a ET Friday, November 21, 2014
Dear Friend of GATA and Gold:
Montana coin and bullion dealer Steve Quayle, whose motto is "If You Can't Touch It, You Don't Own It," tells King World News today that Russia and China soon will tell the world that the United States doesn't have the gold it claims to have. An excerpt from the interview is posted at the KWN blog here:
Top-performing gold miner readies warchest in bust industry
Submitted by cpowell on Fri, 2014-11-21 10:52 Section: Daily DispatchesBy Thomas Biesheuvel
Bloomberg News
Friday, November 21, 2014
LONDON -- The gold industry is a "busted flush," said Mark Bristow, surveying the ruin wrought by a 38 percent slump in the bullion price from a 2011 peak. For the Randgold Resources Ltd. chief executive officer, that's an opportunity.
Alasdair Macleod: That G-20 meeting
Submitted by cpowell on Fri, 2014-11-21 10:18 Section: Daily Dispatches10:18a ET Friday, November 21, 2014
Dear Friend of GATA and Gold:
With economies declining nearly everywhere, GoldMoney research director Alasdair Macleod writes today, the recent G-20 meeting in Brisbane may have given a boost to government intervention.
Netherlands starts repatriating gold
Submitted by cpowell on Fri, 2014-11-21 08:48 Section: Daily Dispatches8:45a ET Friday, November 21, 2014
Dear Friend of GATA and Gold:
The central bank of the Netherlands announced today that it is repatriating much of its gold from abroad.
Bullion Star market analyst and GATA consultant Koos Jansen covers the announcement here:
https://www.bullionstar.com/blog/koos-jansen/the-netherlands-has-repatri...
Swiss gold exports rise as referendum campaign leader is blocked from TV debate
Submitted by cpowell on Thu, 2014-11-20 19:37 Section: Daily Dispatches7:35p ET Thursday, November 20, 2014
Dear Friend of GATA and Gold:
Net exports of gold from Switzerland increased to 100 tonnes in October, Bullion Star market analyst and GATA consultant Koos Jansen reports tonight, with most of it going to China and India. Jansen's analysis is posted at Bullion Star here:
On night before hearing, Fed asks if it's too much the tool of investment banks
Submitted by cpowell on Thu, 2014-11-20 19:20 Section: Daily DispatchesFed Asks Whether It Is Too Close to Banks
By Gina Chon
Financial Times, London
Thursday, November 20, 2014
WASHINGTON -- The Federal Reserve Board is conducting a major review of how the regulator and its reserve banks supervise large financial institutions, amid mounting criticism that it is to close to and too lenient with the Wall Street groups it oversees.
Netherlands TV network highlights Koos Jansen in program on gold
Submitted by cpowell on Thu, 2014-11-20 15:40 Section: Daily Dispatches3:40p ET Thursday, November 20, 2014
Dear Friend of GATA and Gold:
New scrutiny of Goldman's ties to N.Y. Fed after a leak
Submitted by cpowell on Thu, 2014-11-20 12:22 Section: Daily DispatchesBy Jessica Silver-Greenberg, Ben Protess, and Peter Eavis
The New York Times
Thursday, November 20, 2014
From his desk in Lower Manhattan, a banker at Goldman Sachs thumbed through confidential documents -- courtesy of a source inside the United States government.
Gold-mining industry mostly ‘under water,’ Gold Fields CEO says
Submitted by cpowell on Thu, 2014-11-20 08:43 Section: Daily DispatchesBy Kevin Crowley
Bloomberg News
Thursday, November 20, 2014
JOHANNESBURG, South Africa -- Gold miners' costs are mostly higher than current spot prices, increasing the likelihood of writedowns next year, according to Nick Holland, chief executive officer of Gold Fields Ltd.