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Daily Dispatches
China gold exchange gains traction as yuan reforms stir interest
Submitted by cpowell on Fri, 2014-08-22 08:45 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Friday, August 22, 2014
China's planned global gold exchange has signed up more members than targeted, as foreign banks and trading houses seek direct access to the world's top physical gold consumer and to test out reforms allowing them to trade commodities in the yuan currency.
U.S. Mint platinum coins bypassed in rush for gold
Submitted by cpowell on Thu, 2014-08-21 21:27 Section: Daily DispatchesBy Debarati Roy
Bloomberg News
Thursday, August 21, 2014
http://www.bloomberg.com/news/2014-08-20/u-s-mint-platinum-coins-bypasse...
Five months after the U.S. Mint began producing coins made with platinum, sales have all but collapsed as investors continue to favor gold and silver.
New York Sun: The mystery of Jackson Hole
Submitted by cpowell on Thu, 2014-08-21 11:53 Section: Daily Dispatches11:50a ET Thursday, August 21, 2014
Dear Friend of GATA and Gold:
In commentary headlined "Mystery of Jackson Hole," The New York Sun today reflects on the wreckage of the United States economy as the annual economic conference of the Federal Reserve Bank of Kansas City convenes at the famous Wyoming resort. The Sun writes:
GATA Chairman Murphy to speak at Toronto conference Sept. 25-26
Submitted by cpowell on Wed, 2014-08-20 21:18 Section: Daily Dispatches9:21p ET Wednesday, August 20, 2014
Dear Friend of GATA and Gold:
TF Metals Report: Just a coincidence
Submitted by cpowell on Wed, 2014-08-20 16:09 Section: Daily Dispatches4:06p ET Wednesday, August 20, 2014
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson marvels at the credulity and lack of curiosity displayed by the regular analysts at CNBC as the U.S. stock market rises steadily for three years while the planet and its economies crumble. His commentary is headlined "Just a Coincidence" and it's posted at the TF Metals Report here:
In KWN interview, Embry foresees hyperinflation or debt deflation
Submitted by cpowell on Wed, 2014-08-20 15:56 Section: Daily Dispatches3:55p ET Wednesday, August 20, 2014:
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News today that the world economy is sinking, that government economic data is bogus, that gold and silver price suppression has been undertaken by central banks to help suppress interest rates, and that the world faces either hyperinflation or debt deflation:
Gene Arensberg: Heckle if you want, but be prepared for anything
Submitted by cpowell on Tue, 2014-08-19 23:45 Section: Daily Dispatches11:45p ET Tuesday, August 19, 2014
Dear Friend of GATA and Gold:
Leeb finds Russia stronger than Europe; Williams says Asian central banks wll lift gold
Submitted by cpowell on Tue, 2014-08-19 21:02 Section: Daily Dispatches9p ET Tuesday, August 19, 2014
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb today tells King World News that Russia actually seems stronger economically right now than the whole euro zone:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/19_Ru...
First Briton pleads guilty to Libor rigging
Submitted by cpowell on Tue, 2014-08-19 08:51 Section: Daily DispatchesBy Katherine Rushton
The Telegraph, London
Monday, August 18, 2014
Paul Robson, a former trader at Rabobank, has become the first Briton to plead guilty to being part of the worldwide conspiracy to rig the Libor interest benchmark.
Reuters: China allows 3 more banks, including Standard Chartered, to import gold
Submitted by cpowell on Tue, 2014-08-19 08:48 Section: Daily DispatchesBy A. Ananthalakshmi and Fayen Wong
Reuters
Tuesday, August 19, 2014
China has allowed three more banks, including a foreign lender, to import gold, sources with direct knowledge of the matter said, as the world's top gold buyer gears up for its strongest effort yet to gain pricing power of the metal.